Money Purchase · DOL Form 5500 · 2022

Operating Eng. Local 474 Defined Contribution Money Purchase Plan

Data updated 2026-08-11

$53M
Total assets
463
Participants
88th
Percentile by assets
$114,592
Avg per participant
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Official DOL plan name: Operating Eng. Local 474 Defined Contribution · Sponsored by Operating Eng. Local 474 Defined Contribution · Tennessee · Construction

$53M in assets, 463 participants

Operating Eng. Local 474 Defined Contribution's Operating Eng. Local 474 Defined Contribution reported $53M in total assets and 463 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • 88th percentile by assets (of 139,126 plans)
  • #8,625 in Construction (9,927 peers)

Coverage in Tennessee

Operating Eng. Local 474 Defined Contribution covers 463 participants in Tennessee, about 41% of the average Tennessee filer (state average ~1,126 per filing). Assets: $53M.

$53M
total plan assets (2022 EOY)
463
covered participants
88th
percentile by assets (of 139,126 plans)
$114,592
avg assets per participant
State
Industry

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Operating Eng. Local 474 Defined Contribution reports 463 participants - about 41% of that state average ($53M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$53M
Net Income$3M
Employer EIN586209482
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Operating Eng. Local 474 Defined Contribution)

$50M$55M$60M$65M 202220232024 $53.1M $61.3M ▲ +15.6%
Total plan assets by year, all Operating Eng. Local 474 Defined Contribution plans on file
Year Plans Participants Total Assets
2022 1 463 $53M
2023 1 338 $56M
2024 1 294 $61M

Nearby Money Purchase Plans in Tennessee

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

Operating Eng. Local 474 Defined Contribution vs. nearby Money Purchase plans in Tennessee, assets vs. participants

Operating Eng. Local 474 Defined Contribution vs. nearby Money Purchase plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.52 Total assets ($B) Participants Operating Eng. Local…Southern Electrical …IBEW Local 16, AFL-C…U.a. Local Union No.…Midwest Pipe Trades …Millwright & Machine…
Operating Eng. Local 474 Defined Contribution vs. nearby Money Purchase plans in Tennessee, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Operating Eng. Local 474 Defined Contribution by total assets, not by location.

Frequently Asked Questions

How did Operating Eng. Local 474 Defined Contribution assets move in 2022?
Operating Eng. Local 474 Defined Contribution grew at a solid clip - up 6.3% during 2022, from $50M to $53M. Reported net income was $3M.
How have Operating Eng. Local 474 Defined Contribution plan assets changed over time?
Across 3 plan years on file (2022-2024), Operating Eng. Local 474 Defined Contribution's sponsor-wide assets grew 15.6%, from $53M to $61M.
Where does Operating Eng. Local 474 Defined Contribution rank by assets among Form 5500 filers?
Operating Eng. Local 474 Defined Contribution ranks in the 88th percentile by end-of-year assets among 139,126 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 Eng. Local 474 Defined Contribution?
Among Money Purchase plans in other states, the closest by assets is The Excelsior University Retirement Plan in NY ($53M, 681 participants).

Next read for Operating Eng. Local 474 Defined Contrib…

Filing takeaways

Ways to act on Operating Eng. Local 474 Defined Contribution's numbers.

  • By total assets, Operating Eng. Local 474 Defined Contribution 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 Tennessee. Compare plans
  • Operating Eng. Local 474 Defined Contribution's sponsor-wide assets have grown 15.6% since 2022 across 3 plan years on file. More Construction plans