Money Purchase · DOL Form 5500 · 2023
Board of Trustees, Operating Engineers Annuity Plan Money Purchase Plan
Data updated 2026-08-06
- $481M
- Total assets
- 22,615
- Participants
- 97th
- Percentile by assets
- $21,278
- Avg per participant
Official DOL plan name: Pension Trust Fund for Operating Engineers Annuity Plan · Sponsored by Board of Trustees, Operating Engineers Annuity Plan · California · Construction
$481M in assets, 22,615 participants
Board of Trustees, Operating Engineers Annuity Plan's Pension Trust Fund for Operating Engineers Annuity Plan reported $481M in total assets and 22,615 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 126,618 plans)
- #8,725 in Construction (8,993 peers)
Coverage in California
Pension Trust Fund for Operating Engineers Annuity Plan covers 22,615 participants in California, 36x the typical California plan (state average ~637 per filing). Assets: $481M.
- $481M
- total plan assets (2023 EOY)
- 22,615
- covered participants
- 97th
- percentile by assets (of 126,618 plans)
- $21,278
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Pension Trust Fund for Operating Engineers Annuity Plan reported net income rose from -$56M in the plan year 2022 filing to $77M in the plan year 2023 filing.
- Pension Trust Fund for Operating Engineers Annuity Plan end-of-year assets rose from $405M in the plan year 2022 filing to $481M in the plan year 2023 filing.
- Pension Trust Fund for Operating Engineers Annuity Plan reported participants rose from 21,455 in the plan year 2022 filing to 22,615 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 637 participants across 14,392 plans. Pension Trust Fund for Operating Engineers Annuity Plan reports 22,615 participants - 36x that state average ($481M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $405M |
|---|---|
| Net Assets (End of Year) | $481M |
| Net Income | $77M |
| Employer EIN | 946090764 |
| Plan Effective Date | 1985-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Operating Engineers Annuity Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 40,978 | $5.2B |
| 2023 | 2 | 67,062 | $5.6B |
| 2024 | 2 | 43,596 | $5.9B |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Pension Trust Fund for Operating Engineers Annuity Plan vs. nearby Money Purchase plans in California, assets vs. participants
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.0B · 18,060
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.1B · 36,330
- University of Southern California Defined Contribution Retirement Plan $4.4B · 20,136
- Carpenters Annuity Trust Fund for Northern California $3.3B · 25,961
- Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan $2.2B · 23,168
Scale composition for Pension Trust Fund for Operating Engineers Annuity Plan
Pension Trust Fund for Operating Engineers Annuity Plan reports $481M in end-of-year assets across 22,615 participants (0.004% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.025% of 89,805,449 covered participants) - about $21,278 per participant (16% of the national average assets-per-participant) . Net income for plan year 2023 was $77M.
This plan identity (EIN 946090764, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $405M to $548M (+35.4%) while covered participants moved from 21,455 to 23,224 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 21,455 | $405M | Open filing |
| 2023 | 22,615 | $481M | This page |
| 2024 · index core | 23,224 | $548M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Pension Trust Fund for Operating Engineers (Defined Benefit (Pension), $5.4B, 20,372 participants)
- Pension Trust Fund for Operating Engineers Annuity Plan (Money Purchase, $548M, 23,224 participants)
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Pension Trust Fund for Operating Engineers Annuity Plan by total assets, not by location.
- Iron Workers District Council of So Oh & Vicinity Annuity Trust (OH) $476M · 6,936
- Baker & Hostetler LLP Basic/Step-Rate Retirement Plan (OH) $473M · 1,004
- Telephone and Data Systems, Inc. Pension Plan (WI) $471M · 5,421
- Painters and Allied Trades District Council No.35 Annuity Fund (MA) $491M · 2,917
Frequently Asked Questions
How did Pension Trust Fund for Operating Engineers Annuity Plan assets move in 2023? ▼
How have Board of Trustees, Operating Engineers Annuity Plan plan assets changed over time? ▼
Where does Pension Trust Fund for Operating Engineers Annuity Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Pension Trust Fund for Operating Engineers Annuity Plan? ▼
Next read for Pension Trust Fund for Operating Enginee…
Filing takeaways
Ways to act on Pension Trust Fund for Operating Engineers Annuity Plan's numbers.
- By total assets, Pension Trust Fund for Operating Engineers Annuity Plan 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 Annuity Plan's sponsor-wide assets have grown 14.1% since 2022 across 3 plan years on file. More Construction plans