Other · DOL Form 5500 · 2022

Board of Trustees Operating Engineers Local 520 Retirement Plan

Data updated 2026-08-06

$206M
Total assets
2,609
Participants
96th
Percentile by assets
$78,971
Avg per participant
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Official DOL plan name: Operating Engineers Local 520 Annuity Plan · Sponsored by Board of Trustees Operating Engineers Local 520 · Illinois · Construction

$206M in assets, 2,609 participants

Board of Trustees Operating Engineers Local 520's Operating Engineers Local 520 Annuity Plan reported $206M in total assets and 2,609 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,258 plans)
  • #9,441 in Construction (9,938 peers)

Coverage in Illinois

Operating Engineers Local 520 Annuity Plan covers 2,609 participants in Illinois, 3.4x the typical Illinois plan (state average ~768 per filing). Assets: $206M.

$206M
total plan assets (2022 EOY)
2,609
covered participants
96th
percentile by assets (of 139,258 plans)
$78,971
avg assets per participant

The plan reported a net loss of $35M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. Operating Engineers Local 520 Annuity Plan reports 2,609 participants - 3.4x that state average ($206M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$241M
Net Assets (End of Year)$206M
Net Income-$35M
Employer EIN371328217
Plan Effective Date1994-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Operating Engineers Local 520)

$180M$200M$220M$240M$260M$280M 202220232024 $206M $269M ▲ +30.5%
Total plan assets by year, all Board of Trustees Operating Engineers Local 520 plans on file
Year Plans Participants Total Assets
2022 1 2,609 $206M
2023 1 2,707 $238M
2024 1 2,930 $269M

Nearby Other Plans in Illinois

Peer Other plans, same state, same plan type, ranked by total assets.

Operating Engineers Local 520 Annuity Plan vs. nearby Other plans in Illinois, assets vs. participants

Operating Engineers Local 520 Annuity Plan vs. nearby Other plans in Illinois, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -202468 Total assets ($B) Participants Operating Engineers …Washington Universit…Northwestern Univers…The University of Ch…Northshore Universit…The University of Ch…
Operating Engineers Local 520 Annuity Plan vs. nearby Other plans in Illinois, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Operating Engineers Local 520 Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Operating Engineers Local 520 Annuity Plan assets move in 2022?
Operating Engineers Local 520 Annuity Plan pulled back noticeably - down 14.6% during 2022, from $241M to $206M. Reported net income was -$35M.
How have Board of Trustees Operating Engineers Local 520 plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Operating Engineers Local 520's sponsor-wide assets grew 30.5%, from $206M to $269M.
Where does Operating Engineers Local 520 Annuity Plan rank by assets among Form 5500 filers?
Operating Engineers Local 520 Annuity Plan ranks in the 96th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Operating Engineers Local 520 Annuity Plan?
Among Other plans in other states, the closest by assets is Stonehill College 403(b) Retirement Savings Plan in MA ($206M, 493 participants).

Next read for Operating Engineers Local 520 Annuity Pl…

Filing takeaways

Ways to act on Operating Engineers Local 520 Annuity Plan's numbers.

  • By total assets, Operating Engineers Local 520 Annuity Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Other plans in Illinois. Compare plans
  • Board of Trustees Operating Engineers Local 520's sponsor-wide assets have grown 30.5% since 2022 across 3 plan years on file. More Construction plans