Money Purchase · DOL Form 5500 · 2022

Board of Trustees - Operating Engineers Local No. 147 Annuity Money Purchase Plan

Data updated 2026-08-06

$47M
Total assets
978
Participants
87th
Percentile by assets
$47,989
Avg per participant
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Official DOL plan name: Operating Engineers Local No. 147 Annuity Fund · Sponsored by Board of Trustees - Operating Engineers Local No. 147 Annuity · Virginia · Construction

$47M in assets, 978 participants

Board of Trustees - Operating Engineers Local No. 147 Annuity's Operating Engineers Local No. 147 Annuity Fund reported $47M in total assets and 978 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • 87th percentile by assets (of 139,258 plans)
  • #8,525 in Construction (9,938 peers)

Where Operating Engineers Local No. 147 Annuity Fund sits by assets

Operating Engineers Local No. 147 Annuity Fund sits in the top quartile of all filed plans by assets, $47M for 978 participants (~$47,989/participant), up 8.2% in 2022.

$47M
total plan assets (2022 EOY)
978
covered participants
87th
percentile by assets (of 139,258 plans)
$47,989
avg assets per participant
State
Industry

Operating Engineers Local No. 147 Annuity Fund vs the 2022 asset distribution

By assets, Operating Engineers Local No. 147 Annuity Fund outranks 87% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.5x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$47M
Net Income$4M
Employer EIN660598785
Plan Effective Date2001-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees - Operating Engineers Local No. 147 Annuity)

$40M$50M$60M$70M 202220232024 $46.9M $64.7M ▲ +37.9%
Total plan assets by year, all Board of Trustees - Operating Engineers Local No. 147 Annuity plans on file
Year Plans Participants Total Assets
2022 1 978 $47M
2023 1 707 $56M
2024 1 2,421 $65M

Nearby Money Purchase Plans in Virginia

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

Operating Engineers Local No. 147 Annuity Fund vs. nearby Money Purchase plans in Virginia, assets vs. participants

Operating Engineers Local No. 147 Annuity Fund vs. nearby Money Purchase plans in Virginia, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 -0.500.511.5 Total assets ($B) Participants Operating Engineers …The George Washingto…Noblis, Inc. Qualifi…Mid-Atlantic States …American College of …Plumbers & Fitters L…
Operating Engineers Local No. 147 Annuity Fund vs. nearby Money Purchase plans in Virginia, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Operating Engineers Local No. 147 Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Operating Engineers Local No. 147 Annuity Fund assets move in 2022?
Operating Engineers Local No. 147 Annuity Fund grew at a solid clip - up 8.2% during 2022, from $43M to $47M. Reported net income was $4M.
How have Board of Trustees - Operating Engineers Local No. 147 Annuity plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees - Operating Engineers Local No. 147 Annuity's sponsor-wide assets grew 37.9%, from $47M to $65M.
Where does Operating Engineers Local No. 147 Annuity Fund rank by assets among Form 5500 filers?
Operating Engineers Local No. 147 Annuity Fund ranks in the 87th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Operating Engineers Local No. 147 Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is Local 18 Int'l Assoc. of Heat & Frost Insulators & Allied Workers Supplemental Pension Fund in IN ($47M, 599 participants).

Next read for Operating Engineers Local No. 147 Annuit…

Scale reading

Ways to act on Operating Engineers Local No. 147 Annuity Fund's numbers.

  • By total assets, Operating Engineers Local No. 147 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Virginia. Compare plans
  • Board of Trustees - Operating Engineers Local No. 147 Annuity's sponsor-wide assets have grown 37.9% since 2022 across 3 plan years on file. More Construction plans