Profit Sharing · DOL Form 5500 · 2023
Trustees of Midwest Operating Engineers Retirement Enhancement Fund Profit Sharing Plan
Data updated 2026-08-06
- $637M
- Total assets
- 16,067
- Participants
- 98th
- Percentile by assets
- $39,669
- Avg per participant
Official DOL plan name: Midwest Operating Engineers Retirement Enhancement · Sponsored by Trustees of Midwest Operating Engineers Retirement Enhancement Fund · Illinois · Construction
$637M in assets, 16,067 participants
Trustees of Midwest Operating Engineers Retirement Enhancement Fund's Midwest Operating Engineers Retirement Enhancement reported $637M in total assets and 16,067 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 126,618 plans)
- #8,797 in Construction (8,993 peers)
Coverage in Illinois
Midwest Operating Engineers Retirement Enhancement covers 16,067 participants in Illinois, 21x the typical Illinois plan (state average ~768 per filing). Assets: $637M.
- $637M
- total plan assets (2023 EOY)
- 16,067
- covered participants
- 98th
- percentile by assets (of 126,618 plans)
- $39,669
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Midwest Operating Engineers Retirement Enhancement reported net income rose from $53M in the plan year 2022 filing to $150M in the plan year 2023 filing.
- Midwest Operating Engineers Retirement Enhancement end-of-year assets rose from $487M in the plan year 2022 filing to $637M in the plan year 2023 filing.
- Midwest Operating Engineers Retirement Enhancement reported participants rose from 15,224 in the plan year 2022 filing to 16,067 in the plan year 2023 filing.
Participants vs Illinois filers
In Illinois, the average filing covers about 768 participants across 5,440 plans. Midwest Operating Engineers Retirement Enhancement reports 16,067 participants - 21x that state average ($637M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $487M |
|---|---|
| Net Assets (End of Year) | $637M |
| Net Income | $150M |
| Employer EIN | 510669630 |
| Plan Effective Date | 2008-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Midwest Operating Engineers Retirement Enhancement Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 15,224 | $487M |
| 2023 | 1 | 16,067 | $637M |
| 2024 | 1 | 16,506 | $758M |
Nearby Profit Sharing Plans in Illinois
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Midwest Operating Engineers Retirement Enhancement vs. nearby Profit Sharing plans in Illinois, assets vs. participants
- W. W. Grainger, Inc. Retirement Savings Plan $3.5B · 18,524
- Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5 $3.2B · 23,108
- Mcmaster-Carr Supply Company Profit Sharing Trust $2.7B · 4,366
- Mid-America Carpenters Regional Council Supplemental Retirement Plan $1.8B · 16,214
- Carle Foundation Hospital and Affiliates Matching Tsa Plan $1.2B · 15,604
Scale composition for Midwest Operating Engineers Retirement Enhancement
Midwest Operating Engineers Retirement Enhancement reports $637M in end-of-year assets across 16,067 participants (0.005% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.018% of 89,805,449 covered participants) - about $39,669 per participant (29% of the national average assets-per-participant) . Net income for plan year 2023 was $150M.
This plan identity (EIN 510669630, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $487M to $758M (+55.8%) while covered participants moved from 15,224 to 16,506 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 15,224 | $487M | Open filing |
| 2023 | 16,067 | $637M | This page |
| 2024 · index core | 16,506 | $758M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Midwest Operating Engineers Retirement Enhancement (Profit Sharing, $758M, 16,506 participants)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Midwest Operating Engineers Retirement Enhancement by total assets, not by location.
- IBEW Local Union No 102 Surety Plan (NJ) $637M · 2,283
- Steamfitters' Industry Supplemental Retirement Fund (NY) $636M · 3,691
- International Painters and Allied Trades Industry Annuity Plan (MD) $622M · 10,625
- Sheet Metal Workers Local 17 Annuity Income Fund (MA) $617M · 2,868
Frequently Asked Questions
How did Midwest Operating Engineers Retirement Enhancement assets move in 2023? ▼
How have Trustees of Midwest Operating Engineers Retirement Enhancement Fund plan assets changed over time? ▼
Where does Midwest Operating Engineers Retirement Enhancement rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Midwest Operating Engineers Retirement Enhancement? ▼
Next read for Midwest Operating Engineers Retirement E…
Filing takeaways
Ways to act on Midwest Operating Engineers Retirement Enhancement's numbers.
- By total assets, Midwest Operating Engineers Retirement Enhancement ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Illinois. Compare plans
- Trustees of Midwest Operating Engineers Retirement Enhancement Fund's sponsor-wide assets have grown 55.8% since 2022 across 3 plan years on file. More Construction plans