Money Purchase · DOL Form 5500 · 2023
Board of Trustees, Operating Engineers Annuity Plan Money Purchase Plan
Data updated 2026-08-25
- $481M
- Total assets Above avg plan size
- 22,615
- Participants Very large workforce
- 97th
- Percentile by assets National rank
- $21,278
- Avg per participant Low balance/head
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.
- #8,762 in Construction (9,030 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 ~630 per filing). Assets: $481M.
- #8,762
- in Construction (9,030 peers)
- +18.8%
- assets growth YoY
- 4.8×
- vs typical plan assets (national mean)
Pension Trust Fund for Operating Engineers Annuity Plan's outsized position by total assets
Pension Trust Fund for Operating Engineers Annuity Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$481,199,763 Top 3% higher than 97% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Pension Trust Fund for Operating Engineers Annuity Plan's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Trust Fund for Operating Engineers Annuity Plan is a mega filing (22,615 participants), the rightmost band on the breakdown.
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.
DOL schedule card
Filing strip 946090764 · Board of Trustees, Operating Engineers Annuity Plan PY 2023 · Money Purchase
Pension Trust Fund for Operating Engineers Annuity Plan · $481M · 22,615 · 97th
- BOOK $481M
- BOOK 22,615
- BOOK 97th
- BOOK Money Purchase
- BOOK near Iron Workers District Council of So Oh & Vicinity Annuity Trust
- BOOK ind #8762
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in California →
Pension Trust Fund for Operating Engineers Annuity Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Board of Trustees, Operating Engineers Annuity Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $5.9B 14.13689523203793% vs 2022
- 2024 filing year
| 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.
- 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 $12.3T held by all Form 5500 filers in the national rollup , and 0.024% of 93,925,755 covered participants) - about $21,278 per participant (15% 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)
Pension Trust Fund for Operating Engineers Annuity Plan's out-of-state Money Purchase peers by assets and headcount
Outside California, the nearest Money Purchase by assets is Iron Workers District Council of So Oh & Vicinity Annuity Trust in OH ($476M); by covered participants it is Michigan Laborers' Annuity Fund in MI (21,709 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($481M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (22,615 participants); asset peers above are excluded.
- Michigan Laborers' Annuity Fund (MI) 21,709 · 906 off
- International Brotherhood of Trade Unions Local 713 Annuity Fund (NY) 26,434 · 3,819 off
- International Brotherhood of Electrical Workers District No.9 Pension Plan (OR) 28,784 · 6,169 off
- Itpeu Pension Fund (NJ) 15,693 · 6,922 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.