Defined Benefit (Pension) · DOL Form 5500 · 2023

Employers & Operating Engineers Local 520 Pension Fund Board of Truste Pension Plan

Data updated 2026-08-25

$298M
Total assets Near avg plan size: 818
Participants Near avg headcount: 96th
Percentile by assets National rank: $364,093
Avg per participant High balance/head

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Official DOL plan name: Employers & Operating Engineers Local 520 Pension Fund · Sponsored by Employers & Operating Engineers Local 520 Pension Fund Board of Truste · Illinois · Construction

$298M in assets, 818 participants

Employers & Operating Engineers Local 520 Pension Fund Board of Truste's Employers & Operating Engineers Local 520 Pension Fund reported $298M in total assets and 818 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.

#8,614 in Construction (9,030 peers)

Where Employers & Operating Engineers Local 520 Pension Fund sits by assets

Employers & Operating Engineers Local 520 Pension Fund sits in the top 5% of all filed plans by assets, $298M for 818 participants (~$364,093/participant), up 9.0% in 2023.

#8,614
in Construction (9,030 peers): +9.0%
assets growth YoY: 3.0×
vs typical plan assets (national mean)

Employers & Operating Engineers Local 520 Pension Fund's outsized position by total assets

Employers & Operating Engineers Local 520 Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$297,827,725 Top 4% higher than 96% 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

Employers & Operating Engineers Local 520 Pension Fund among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Employers & Operating Engineers Local 520 Pension Fund sits mid-pack in the medium band (818 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Employers & Operating Engineers Local 520 Pension Fund reported net income rose from -$27M in the plan year 2022 filing to $25M in the plan year 2023 filing.
Employers & Operating Engineers Local 520 Pension Fund end-of-year assets rose from $273M in the plan year 2022 filing to $298M in the plan year 2023 filing.
Employers & Operating Engineers Local 520 Pension Fund reported participants fell from 830 in the plan year 2022 filing to 818 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 376053929 · Employers & Operating Engineers Local 520 Pension Fund Board of Truste PY 2023 · Defined Benefit (Pension)

Employers & Operating Engineers Local 520 Pension Fund · $298M · 818 · 96th

SCH $298M
EBSA 818
PART 96th
TYPE Defined Benefit (Pension)
NET near Retirement Plan for Pilots of Hawaiian Airlines, Inc.
BOOK ind #8614

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 Illinois →

End-of-year total assets ($M) among Employers & Operating Engineers Local 520 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$273M
Net Assets (End of Year)	$298M
Net Income	$25M
Employer EIN	376053929
Plan Effective Date	1963-12-27
Filing Status	FILING RECEIVED

Sponsor Plan History (Employers & Operating Engineers Local 520 Pension Fund Board of Truste)

Latest sponsor-wide plan assets: $328M 19.898568774034924% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	830	$273M
2023	1	818	$298M
2024	1	881	$328M

Nearby Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Employers & Operating Engineers Local 520 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
John Deere Pension Plan for Salaried Employees $8.0B · 16,346
Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382

Compare Employers & Operating Engineers Local 520 Pension Fund side-by-side with 3 peers →

Employers & Operating Engineers Local 520 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Pilots of Hawaiian Airlines, Inc. in HI ($298M); by covered participants it is Akron General Medical Center Retirement Income Plan in OH (818 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($298M here).

Retirement Plan for Pilots of Hawaiian Airlines, Inc. (HI) $298M · 160
Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. (IA) $297M · 1,474
Jack in the Box Inc. Retirement Plan (CA) $297M · 724
Allegheny Technologies Incorporated Pension Plan (PA) $297M · 1,416

Similar participant headcount

Nearest other-state filings by covered participants (818 participants); asset peers above are excluded.

Akron General Medical Center Retirement Income Plan (OH) 818 · 0 off
Insulators Local No. 53 Pension (LA) 818 · 0 off
Northeast Georgia Health System, Inc. and Affiliated Companies Pension Plan (GA) 817 · 1 off
Retirement Plan of Tennessee Farmers Mutual Insura (TN) 817 · 1 off

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Employers & Operating Engineers Local 520 Pension Fund assets move in 2023? ▼

Employers & Operating Engineers Local 520 Pension Fund grew at a solid clip - up 9.0% during 2023, from $273M to $298M. Reported net income was $25M.

How have Employers & Operating Engineers Local 520 Pension Fund Board of Truste plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Employers & Operating Engineers Local 520 Pension Fund Board of Truste's sponsor-wide assets grew 19.9%, from $273M to $328M.

Where does Employers & Operating Engineers Local 520 Pension Fund rank by assets among Form 5500 filers? ▼

Employers & Operating Engineers Local 520 Pension Fund ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Employers & Operating Engineers Local 520 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Pilots of Hawaiian Airlines, Inc. in HI ($298M, 160 participants).

Which Defined Benefit (Pension) plans cover a similar participant headcount to Employers & Operating Engineers Local 520 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Akron General Medical Center Retirement Income Plan in OH (818 participants, $151M in assets).

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 376053929.