Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of the Midwest Operating Engineers Pension Trust Fund Pension Plan

Data updated 2026-08-25

$5.8B
Total assets Very large vs avg
12,949
Participants Very large workforce
100th
Percentile by assets National rank
$448,388
Avg per participant High balance/head
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Official DOL plan name: Midwest Operating Engineers Pension Trust Fund · Sponsored by Trustees of the Midwest Operating Engineers Pension Trust Fund · Illinois · Construction

$5.8B in assets, 12,949 participants

Trustees of the Midwest Operating Engineers Pension Trust Fund's Midwest Operating Engineers Pension Trust Fund reported $5.8B in total assets and 12,949 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.

  • #9,020 in Construction (9,030 peers)

Coverage in Illinois

Midwest Operating Engineers Pension Trust Fund covers 12,949 participants in Illinois, 17x the typical Illinois plan (state average ~779 per filing). Assets: $5.8B.

#9,020
in Construction (9,030 peers)
+7.7%
assets growth YoY
58×
vs typical plan assets (national mean)

Midwest Operating Engineers Pension Trust Fund's outsized position by total assets

Midwest Operating Engineers Pension Trust Fund vs every filed plan by assets

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

$5,806,182,556 Highest reported value at or above every one of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Midwest Operating Engineers Pension Trust Fund'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. Midwest Operating Engineers Pension Trust Fund is a mega filing (12,949 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Midwest Operating Engineers Pension Trust Fund reported net income rose from -$418M in the plan year 2022 filing to $437M in the plan year 2023 filing.
  • Midwest Operating Engineers Pension Trust Fund end-of-year assets rose from $5.4B in the plan year 2022 filing to $5.8B in the plan year 2023 filing.
  • Midwest Operating Engineers Pension Trust Fund reported participants rose from 12,568 in the plan year 2022 filing to 12,949 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 366140097 · Trustees of the Midwest Operating Engineers Pension Trust Fund PY 2023 · Defined Benefit (Pension)

Midwest Operating Engineers Pension Trust Fund · $5.8B · 12,949 · 100th

  • EOY $5.8B
  • 5500 12,949
  • ASSETS 100th
  • PCT Defined Benefit (Pension)
  • EIN near Eversource Pension Plan
  • RANK ind #9020

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 →

Midwest Operating Engineers Pension Trust Fund in the asset neighbourhood

Sutter Health Retirement Plan$5.9BEversource Pension Plan$5.9BMidwest Operating Engineers Pension Trust FundMidwest Operating Engineers …$5.8BTriad Defined Benefit Pension PlanTriad Defined Benefit Pensio…$5.7BThe PNC Financial Services Group, Inc. Pension PlanThe PNC Financial Services G…$5.6B
End-of-year total assets ($B) among Midwest Operating Engineers Pension Trust Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$5.4B
Net Assets (End of Year)$5.6B
Net Income$437M
Employer EIN366140097
Plan Effective Date1963-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the Midwest Operating Engineers Pension Trust Fund)

Sponsor-wide plan assets over time

All Trustees of the Midwest Operating Engineers Pension Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$6.0B 11.249833263473942% vs 2022
2024 filing year
$5.2B$5.4B$5.6B$5.8B$6B$6.2B 202220232024 $5.39B $6B ▲ +11.3%
Year Plans Participants Total Assets
2022 1 12,568 $5.4B
2023 1 12,949 $5.8B
2024 1 13,118 $6.0B

Nearby Defined Benefit (Pension) Plans in Illinois

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

Midwest Operating Engineers Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 100002000030000400005000060000 0102030405060 Total assets ($B) Participants Midwest Operating Engineers Pension Trust Fund, Total assets ($B): 5.806182556 · Participants: 12949Midwest Operating Engineers Pension Trust FundCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Midwest Operating Engineers Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Midwest Operating Engineers Pension Trust Fund side-by-side with 3 peers →

Scale composition for Midwest Operating Engineers Pension Trust Fund

Midwest Operating Engineers Pension Trust Fund reports $5.8B in end-of-year assets across 12,949 participants (0.047% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $448,388 per participant (3.2x the national average assets-per-participant) . Net income for plan year 2023 was $437M.

This plan identity (EIN 366140097, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.4B to $6.0B (+11.2%) while covered participants moved from 12,568 to 13,118 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,568 $5.4B Open filing
2023 12,949 $5.8B This page
2024 · index core 13,118 $6.0B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Midwest Operating Engineers Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Eversource Pension Plan in CT ($5.9B); by covered participants it is Operating Engineers Pension Trust in CA (13,014 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (12,949 participants); asset peers above are excluded.

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 Midwest Operating Engineers Pension Trust Fund assets move in 2023? ▼
Midwest Operating Engineers Pension Trust Fund grew at a solid clip - up 7.7% during 2023, from $5.4B to $5.8B. Reported net income was $437M.
How have Trustees of the Midwest Operating Engineers Pension Trust Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of the Midwest Operating Engineers Pension Trust Fund's sponsor-wide assets grew 11.2%, from $5.4B to $6.0B.
Where does Midwest Operating Engineers Pension Trust Fund rank by assets among Form 5500 filers? ▼
Midwest Operating Engineers Pension Trust Fund ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Midwest Operating Engineers Pension Trust Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Eversource Pension Plan in CT ($5.9B, 3,717 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Midwest Operating Engineers Pension Trust Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Operating Engineers Pension Trust in CA (13,014 participants, $3.5B 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 366140097.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.