Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees of the Midwest Operating Engineers Pension Trust Fund Pension Plan

Data updated 2026-08-25

$5.4B
Total assets Very large vs avg
12,568
Participants Very large workforce
100th
Percentile by assets National rank
$428,880
Avg per participant High balance/head
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Official DOL plan name: Midwest Operating Engineers Pension Trust Fund · Sponsored by Trustees of the Midwest Operating Engineers Pension Trust Fund · Illinois · Construction

$5.4B in assets, 12,568 participants

Trustees of the Midwest Operating Engineers Pension Trust Fund's Midwest Operating Engineers Pension Trust Fund reported $5.4B in total assets and 12,568 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

  • #9,920 in Construction (9,927 peers)

Coverage in Illinois

Midwest Operating Engineers Pension Trust Fund covers 12,568 participants in Illinois, 16x the typical Illinois plan (state average ~779 per filing). Assets: $5.4B.

#9,920
in Construction (9,927 peers)
-7.3%
assets change YoY
54×
vs typical plan assets (national mean)

The plan reported a net loss of $418M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Midwest Operating Engineers Pension Trust Fund's outsized position by total assets

Midwest Operating Engineers Pension Trust Fund vs every filed plan by assets

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

$5,390,158,181 Highest reported value at or above every one of 139,123 filed plans

This plan $0 $2,050,000,000 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

Midwest Operating Engineers Pension Trust Fund's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midwest Operating Engineers Pension Trust Fund is a mega filing (12,568 participants), the rightmost band on the breakdown.

Form 5500 schedule snapshot

Filing strip 366140097 · Trustees of the Midwest Operating Engineers Pension Trust Fund PY 2022 · Defined Benefit (Pension)

Midwest Operating Engineers Pension Trust Fund · $5.4B · 12,568 · 100th

  • BOOK $5.4B
  • VS-ST 12,568
  • BOY 100th
  • SCH Defined Benefit (Pension)
  • EBSA near The PNC Financial Services Group, Inc. Pension Plan
  • PART ind #9920

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Illinois →

Midwest Operating Engineers Pension Trust Fund in the asset neighbourhood

The PNC Financial Services Group, Inc. Pension PlanThe PNC Financial Services G…$5.4BMidwest Operating Engineers Pension Trust FundMidwest Operating Engineers …$5.4BBp Retirement Accumulation PlanBp Retirement Accumulation P…$5.4BRetirement Plan for Employees of Aetna Inc.Retirement Plan for Employee…$5.4BConstellation Retirement ProgramConstellation Retirement Pro…$5.4B
End-of-year total assets ($B) among Midwest Operating Engineers Pension Trust Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$5.8B
Net Assets (End of Year)$5.2B
Net Income-$418M
Employer EIN366140097
Plan Effective Date1963-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the Midwest Operating Engineers Pension Trust Fund)

Sponsor-wide plan assets over time

All Trustees of the Midwest Operating Engineers Pension Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$6.0B 11.249833263473942% vs 2022
2024 filing year
$5.2B$5.4B$5.6B$5.8B$6B$6.2B 202220232024 $5.39B $6B ▲ +11.3%
Year Plans Participants Total Assets
2022 1 12,568 $5.4B
2023 1 12,949 $5.8B
2024 1 13,118 $6.0B

Nearby Defined Benefit (Pension) Plans in Illinois

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

Midwest Operating Engineers Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 01020304050 Total assets ($B) Participants Midwest Operating Engineers Pension Trust Fund, Total assets ($B): 5.390158181 · Participants: 12568Midwest Operating Engineers Pension Trust FundCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 42.629770802 · Participants: 50096Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 32.129102809 · Participants: 49052State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.958716532 · Participants: 20170United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.304502684 · Participants: 0John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 6.770339506 · Participants: 16809Abbott Laboratories Annuity Retirement Plan
Midwest Operating Engineers Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Scale composition for Midwest Operating Engineers Pension Trust Fund

Midwest Operating Engineers Pension Trust Fund reports $5.4B in end-of-year assets across 12,568 participants (0.044% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $428,880 per participant (3.1x the national average assets-per-participant) . Net income for plan year 2022 was -$418M.

This plan identity (EIN 366140097, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.4B to $6.0B (+11.2%) while covered participants moved from 12,568 to 13,118 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,568 $5.4B This page
2023 12,949 $5.8B Open filing
2024 · index core 13,118 $6.0B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Midwest Operating Engineers Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is The PNC Financial Services Group, Inc. Pension Plan in PA ($5.4B); by covered participants it is Massachusetts Service Employees Pension Plan in MA (12,521 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (12,568 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Midwest Operating Engineers Pension Trust Fund assets move in 2022?
Midwest Operating Engineers Pension Trust Fund pulled back noticeably - down 7.3% during 2022, from $5.8B to $5.4B. Reported net income was -$418M.
How have Trustees of the Midwest Operating Engineers Pension Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of the Midwest Operating Engineers Pension Trust Fund's sponsor-wide assets grew 11.2%, from $5.4B to $6.0B.
Where does Midwest Operating Engineers Pension Trust Fund rank by assets among Form 5500 filers?
Midwest Operating Engineers Pension Trust Fund ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Midwest Operating Engineers Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The PNC Financial Services Group, Inc. Pension Plan in PA ($5.4B, 63,731 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Midwest Operating Engineers Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Massachusetts Service Employees Pension Plan in MA (12,521 participants, $248M in assets).