Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees I.U.O.E. Local 478 Pension Plan Pension Plan

Data updated 2026-08-11

$630M
Total assets
2,170
Participants
98th
Percentile by assets
$290,436
Avg per participant
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Official DOL plan name: International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan · Sponsored by Board of Trustees I.U.O.E. Local 478 Pension Plan · Connecticut · Construction

$630M in assets, 2,170 participants

Board of Trustees I.U.O.E. Local 478 Pension Plan's International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan reported $630M in total assets and 2,170 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 98th percentile by assets (of 139,126 plans)
  • #9,760 in Construction (9,927 peers)

Coverage in Connecticut

International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan covers 2,170 participants in Connecticut, 3.0x the typical Connecticut plan (state average ~718 per filing). Assets: $630M.

$630M
total plan assets (2022 EOY)
2,170
covered participants
98th
percentile by assets (of 139,126 plans)
$290,436
avg assets per participant

The plan reported a net loss of $86M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan sits by total assets

International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$630,246,785 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State
Industry

Participants vs Connecticut filers

In Connecticut, the average filing covers about 718 participants across 1,906 plans. International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan reports 2,170 participants - 3.0x that state average ($630M EOY assets).

Connecticut filing particulars

Total Assets (Beginning of Year)$717M
Net Assets (End of Year)$624M
Net Income-$86M
Employer EIN060733831
Plan Effective Date1958-09-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees I.U.O.E. Local 478 Pension Plan)

$600M$650M$700M$750M$800M 202220232024 $630M $759M ▲ +20.4%
Total plan assets by year, all Board of Trustees I.U.O.E. Local 478 Pension Plan plans on file
Year Plans Participants Total Assets
2022 1 2,170 $630M
2023 1 2,316 $694M
2024 1 2,388 $759M

Nearby Defined Benefit (Pension) Plans in Connecticut

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. 050001000015000200002500030000 -1001020304050 Total assets ($B) Participants International Union …GE Pension PlanRaytheon Company Pen…The Citigroup Pensio…Eversource Pension P…Retirement Plan for …
International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan by total assets, not by location.

Frequently Asked Questions

How did International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan assets move in 2022?
International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan pulled back noticeably - down 12.1% during 2022, from $717M to $630M. Reported net income was -$86M.
How have Board of Trustees I.U.O.E. Local 478 Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees I.U.O.E. Local 478 Pension Plan's sponsor-wide assets grew 20.4%, from $630M to $759M.
Where does International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan rank by assets among Form 5500 filers?
International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hotel Union and Hotel Industry of Hawaii Pension Plan in HI ($628M, 7,370 participants).

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Filing takeaways

Ways to act on International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan's numbers.

  • By total assets, International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Connecticut. Compare plans
  • Board of Trustees I.U.O.E. Local 478 Pension Plan's sponsor-wide assets have grown 20.4% since 2022 across 3 plan years on file. More Construction plans