Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees, Pension Trust Fund for Operating Pension Plan
Data updated 2026-08-06
- $5.1B
- Total assets
- 44,447
- Participants
- 100th
- Percentile by assets
- $114,504
- Avg per participant
Official DOL plan name: Pension Trust Fund for Operating Engineers · Sponsored by Board of Trustees, Pension Trust Fund for Operating · California · Construction
$5.1B in assets, 44,447 participants
Board of Trustees, Pension Trust Fund for Operating's Pension Trust Fund for Operating Engineers reported $5.1B in total assets and 44,447 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 126,618 plans)
- #8,979 in Construction (8,993 peers)
Coverage in California
Pension Trust Fund for Operating Engineers covers 44,447 participants in California, 70x the typical California plan (state average ~637 per filing). Assets: $5.1B.
- $5.1B
- total plan assets (2023 EOY)
- 44,447
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $114,504
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Pension Trust Fund for Operating Engineers reported net income rose from -$685M in the plan year 2022 filing to $283M in the plan year 2023 filing.
- Pension Trust Fund for Operating Engineers reported participants rose from 19,523 in the plan year 2022 filing to 44,447 in the plan year 2023 filing.
- Pension Trust Fund for Operating Engineers end-of-year assets rose from $4.8B in the plan year 2022 filing to $5.1B 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 reports 44,447 participants - 70x that state average ($5.1B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $4.8B |
|---|---|
| Net Assets (End of Year) | $5.1B |
| Net Income | $283M |
| Employer EIN | 946090764 |
| Plan Effective Date | 1959-12-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Pension Trust Fund for Operating)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 40,978 | $5.2B |
| 2023 | 2 | 67,062 | $5.6B |
| 2024 | 2 | 43,596 | $5.9B |
Nearby Defined Benefit (Pension) Plans in California
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Pension Trust Fund for Operating Engineers vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
- Kaiser Permanente Retirement Plan $33.5B · 127,356
- Pacific Gas and Electric Company Retirement Plan $21.4B · 22,914
- Pacific Gas and Electric Company Retirement Plan $18.0B · 25,647
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.8B · 19,545
- Disney Salaried Pension Plan D $10.1B · 10,813
Scale composition for Pension Trust Fund for Operating Engineers
Pension Trust Fund for Operating Engineers reports $5.1B in end-of-year assets across 44,447 participants (0.044% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.049% of 89,805,449 covered participants) - about $114,504 per participant (84% of the national average assets-per-participant) . Net income for plan year 2023 was $283M.
This plan identity (EIN 946090764, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.8B to $5.4B (+12.3%) while covered participants moved from 19,523 to 20,372 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 19,523 | $4.8B | Open filing |
| 2023 | 44,447 | $5.1B | This page |
| 2024 · index core | 20,372 | $5.4B | 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 Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Pension Trust Fund for Operating Engineers by total assets, not by location.
- New York District Council of Carpenters Pension Pl (NY) $5.1B · 11,091
- Nextera Energy, Inc. Employee Pension Plan (FL) $5.1B · 13,121
- Pension, Hospitalization & Benefit Plan of the Electrical Industry - Pension Trust Acct (NY) $5.0B · 16,390
- N. Atlantic States Carp. Pension Fund (MA) $5.0B · 17,166
Frequently Asked Questions
How did Pension Trust Fund for Operating Engineers assets move in 2023? ▼
How have Board of Trustees, Pension Trust Fund for Operating plan assets changed over time? ▼
Where does Pension Trust Fund for Operating Engineers rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Pension Trust Fund for Operating Engineers? ▼
Next read for Pension Trust Fund for Operating Enginee…
Filing takeaways
Ways to act on Pension Trust Fund for Operating Engineers's numbers.
- By total assets, Pension Trust Fund for Operating Engineers ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
- Board of Trustees, Pension Trust Fund for Operating's sponsor-wide assets have grown 14.1% since 2022 across 3 plan years on file. More Construction plans