Profit Sharing · DOL Form 5500 · 2023

Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi Profit Sharing Plan

Data updated 2026-08-11

$67M
Total assets: 4,960
Participants: 88th
Percentile by assets: $13,510
Avg per participant

Official DOL plan name: International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund · Sponsored by Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi · California · Administrative & Support Services

$67M in assets, 4,960 participants

Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi's International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund reported $67M in total assets and 4,960 participants in its 2023 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 127,072 plans)
#4,126 in Administrative & Support Services (4,372 peers)

Coverage in California

International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund covers 4,960 participants in California, 7.9x the typical California plan (state average ~630 per filing). Assets: $67M.

$67M
total plan assets (2023 EOY): 4,960
covered participants: 88th
percentile by assets (of 127,072 plans): $13,510
avg assets per participant

International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund reported net income rose from $9M in the plan year 2022 filing to $18M in the plan year 2023 filing.
International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund end-of-year assets rose from $49M in the plan year 2022 filing to $67M in the plan year 2023 filing.
International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund reported participants rose from 4,435 in the plan year 2022 filing to 4,960 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

California

Industry

Administrative & Support Services

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund reports 4,960 participants - 7.9x that state average ($67M EOY assets).

California filing particulars

Total Assets (Beginning of Year)	$49M
Net Assets (End of Year)	$67M
Net Income	$18M
Employer EIN	815319756
Plan Effective Date	2016-12-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi)

Total plan assets by year, all Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi plans on file

Year	Plans	Participants	Total Assets
2022	1	4,435	$49M
2023	1	4,960	$67M
2024	1	5,355	$84M

Nearby Profit Sharing Plans in California

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

International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund vs. nearby Profit Sharing plans in California, assets vs. participants

Intel Retirement Contribution Plan $7.2B · 21,513
Scpmg Keogh Plan $6.8B · 10,125
Motion Picture Industry Individual Account Plan $5.9B · 71,071
Memorialcare Retirement Plan $1.3B · 4,728
Disney Retirement Savings Plan $1.1B · 37,110

Compare International Union of Operating Enginee… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund by total assets, not by location.

Teamsters Local Union 500 - Severance Trust Fund (NJ) $67M · 1,154
Plumbers & Steamfitters Local No. 300 Pension Plan (ND) $67M · 881
Upland Hills Health 403(b) Retirement Plan (WI) $67M · 606
Baker & Taylor Retirement Savings Plan (NC) $67M · 1,361

Frequently Asked Questions

How did International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund assets move in 2023? ▼

International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund surged - up 36.5% during 2023, from $49M to $67M. Reported net income was $18M.

How have Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi's sponsor-wide assets grew 70.5%, from $49M to $84M.

Where does International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund rank by assets among Form 5500 filers? ▼

International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which Profit Sharing plans are similar in size to International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is Teamsters Local Union 500 - Severance Trust Fund in NJ ($67M, 1,154 participants).

Next read for International Union of Operating Enginee…

Filing takeaways

Ways to act on International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund's numbers.

By total assets, International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in California. Compare plans
Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi's sponsor-wide assets have grown 70.5% since 2022 across 3 plan years on file. More Administrative & Support Services plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 815319756.