Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Oper Eng. Loc 66 Annuity and Savings Fund Profit Sharing Plan

Data updated 2026-08-06

$268M
Total assets
9,501
Participants
96th
Percentile by assets
$28,255
Avg per participant
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Official DOL plan name: Operating Engineers Local 66 Annuity and Savings Fund · Sponsored by Board of Trustees Oper Eng. Loc 66 Annuity and Savings Fund · Pennsylvania · Construction

$268M in assets, 9,501 participants

Board of Trustees Oper Eng. Loc 66 Annuity and Savings Fund's Operating Engineers Local 66 Annuity and Savings Fund reported $268M in total assets and 9,501 participants in its 2023 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 126,618 plans)
  • #8,545 in Construction (8,993 peers)

Coverage in Pennsylvania

Operating Engineers Local 66 Annuity and Savings Fund covers 9,501 participants in Pennsylvania, 12x the typical Pennsylvania plan (state average ~824 per filing). Assets: $268M.

$268M
total plan assets (2023 EOY)
9,501
covered participants
96th
percentile by assets (of 126,618 plans)
$28,255
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Operating Engineers Local 66 Annuity and Savings Fund reported net income rose from -$17M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Operating Engineers Local 66 Annuity and Savings Fund end-of-year assets rose from $246M in the plan year 2022 filing to $268M in the plan year 2023 filing.
  • Operating Engineers Local 66 Annuity and Savings Fund reported participants fell from 9,879 in the plan year 2022 filing to 9,501 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Operating Engineers Local 66 Annuity and Savings Fund reports 9,501 participants - 12x that state average ($268M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$246M
Net Assets (End of Year)$268M
Net Income$22M
Employer EIN256271522
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Oper Eng. Loc 66 Annuity and Savings Fund)

$240M$260M$280M$300M 202220232024 $246M $290M ▲ +17.8%
Total plan assets by year, all Board of Trustees Oper Eng. Loc 66 Annuity and Savings Fund plans on file
Year Plans Participants Total Assets
2022 1 9,879 $246M
2023 1 9,501 $268M
2024 1 8,936 $290M

Nearby Profit Sharing Plans in Pennsylvania

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

Operating Engineers Local 66 Annuity and Savings Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Operating Engineers Local 66 Annuity and Savings Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 00.511.522.5 Total assets ($B) Participants Operating Engineers …Eastern Atlantic Sta…University of Pennsy…International Brothe…Temple University He…Morgan, Lewis & Bock…
Operating Engineers Local 66 Annuity and Savings Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Scale composition for Operating Engineers Local 66 Annuity and Savings Fund

Operating Engineers Local 66 Annuity and Savings Fund reports $268M in end-of-year assets across 9,501 participants (0.002% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.011% of 89,805,449 covered participants) - about $28,255 per participant (21% of the national average assets-per-participant) . Net income for plan year 2023 was $22M.

This plan identity (EIN 256271522, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $246M to $290M (+17.8%) while covered participants moved from 9,879 to 8,936 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,879 $246M Open filing
2023 9,501 $268M This page
2024 · index core 8,936 $290M Open filing

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

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Operating Engineers Local 66 Annuity and Savings Fund by total assets, not by location.

Frequently Asked Questions

How did Operating Engineers Local 66 Annuity and Savings Fund assets move in 2023?
Operating Engineers Local 66 Annuity and Savings Fund grew at a solid clip - up 9.1% during 2023, from $246M to $268M. Reported net income was $22M.
How have Board of Trustees Oper Eng. Loc 66 Annuity and Savings Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Oper Eng. Loc 66 Annuity and Savings Fund's sponsor-wide assets grew 17.8%, from $246M to $290M.
Where does Operating Engineers Local 66 Annuity and Savings Fund rank by assets among Form 5500 filers?
Operating Engineers Local 66 Annuity and Savings Fund ranks in the 96th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Operating Engineers Local 66 Annuity and Savings Fund?
Among Profit Sharing plans in other states, the closest by assets is I.B.E.W. Local Union 481 Defined Contribution Plan in IN ($268M, 2,820 participants).

Next read for Operating Engineers Local 66 Annuity and…

Filing takeaways

Ways to act on Operating Engineers Local 66 Annuity and Savings Fund's numbers.

  • By total assets, Operating Engineers Local 66 Annuity and Savings Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
  • Board of Trustees Oper Eng. Loc 66 Annuity and Savings Fund's sponsor-wide assets have grown 17.8% since 2022 across 3 plan years on file. More Construction plans