Money Purchase · DOL Form 5500 · 2022

Board of Trustees, Operating Engineers Local 12 Money Purchase Plan

Data updated 2026-08-11

$253M
Total assets
17,948
Participants
96th
Percentile by assets
$14,111
Avg per participant
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Official DOL plan name: Operating Engineers Local 12 Defined Contribution Trust · Sponsored by Board of Trustees, Operating Engineers Local 12 · California · Construction

$253M in assets, 17,948 participants

Board of Trustees, Operating Engineers Local 12's Operating Engineers Local 12 Defined Contribution Trust reported $253M in total assets and 17,948 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 139,126 plans)
  • #9,506 in Construction (9,927 peers)

Coverage in California

Operating Engineers Local 12 Defined Contribution Trust covers 17,948 participants in California, 28x the typical California plan (state average ~630 per filing). Assets: $253M.

$253M
total plan assets (2022 EOY)
17,948
covered participants
96th
percentile by assets (of 139,126 plans)
$14,111
avg assets per participant

Where Operating Engineers Local 12 Defined Contribution Trust sits by total assets

Operating Engineers Local 12 Defined Contribution Trust vs every filed plan by assets

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

$253,266,976 Top 4% higher than 96% 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 California filers

In California, the average filing covers about 630 participants across 15,291 plans. Operating Engineers Local 12 Defined Contribution Trust reports 17,948 participants - 28x that state average ($253M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$164M
Net Assets (End of Year)$253M
Net Income$89M
Employer EIN830984282
Plan Effective Date2018-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Operating Engineers Local 12)

$200M$300M$400M$500M$600M 202220232024 $253M $518M ▲ +104.6%
Total plan assets by year, all Board of Trustees, Operating Engineers Local 12 plans on file
Year Plans Participants Total Assets
2022 1 17,948 $253M
2023 1 19,566 $376M
2024 1 20,504 $518M

Nearby Money Purchase Plans in California

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

Operating Engineers Local 12 Defined Contribution Trust vs. nearby Money Purchase plans in California, assets vs. participants

Operating Engineers Local 12 Defined Contribution Trust vs. nearby Money Purchase plans in California, assets vs. participants Scatter plot of 6 data points. 150002000025000300003500040000 -202468 Total assets ($B) Participants Operating Engineers …The Permanente Contr…Kaiser Permanente Su…University of Southe…Carpenters Annuity T…Directors Guild of A…
Operating Engineers Local 12 Defined Contribution Trust vs. nearby Money Purchase plans in California, assets vs. participants

Scale composition for Operating Engineers Local 12 Defined Contribution Trust

Operating Engineers Local 12 Defined Contribution Trust reports $253M in end-of-year assets across 17,948 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.019% of 93,925,755 covered participants) - about $14,111 per participant (10% of the national average assets-per-participant) . Net income for plan year 2022 was $89M.

This plan identity (EIN 830984282, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $253M to $518M (+104.6%) while covered participants moved from 17,948 to 20,504 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 17,948 $253M This page
2023 19,566 $376M Open filing
2024 · index core 20,504 $518M Open filing

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

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Operating Engineers Local 12 Defined Contribution Trust by total assets, not by location.

Frequently Asked Questions

How did Operating Engineers Local 12 Defined Contribution Trust assets move in 2022?
Operating Engineers Local 12 Defined Contribution Trust surged - up 54.3% during 2022, from $164M to $253M. Reported net income was $89M.
How have Board of Trustees, Operating Engineers Local 12 plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, Operating Engineers Local 12's sponsor-wide assets grew 104.6%, from $253M to $518M.
Where does Operating Engineers Local 12 Defined Contribution Trust rank by assets among Form 5500 filers?
Operating Engineers Local 12 Defined Contribution Trust ranks in the 96th 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 Money Purchase plans are similar in size to Operating Engineers Local 12 Defined Contribution Trust?
Among Money Purchase plans in other states, the closest by assets is St. Paul Electrical Construction Workers Supplemental Pension Plan in MN ($254M, 3,075 participants).

Next read for Operating Engineers Local 12 Defined Con…

Filing takeaways

Ways to act on Operating Engineers Local 12 Defined Contribution Trust's numbers.

  • By total assets, Operating Engineers Local 12 Defined Contribution Trust ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
  • Board of Trustees, Operating Engineers Local 12's sponsor-wide assets have grown 104.6% since 2022 across 3 plan years on file. More Construction plans