Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Operating Engineers Local 649 Annuity Trust Fund Profit Sharing Plan

Data updated 2026-08-11

$113M
Total assets: 1,214
Participants: 92nd
Percentile by assets: $93,486
Avg per participant

Official DOL plan name: Operating Engineers Local 649 Annuity Trust Fund · Sponsored by Board of Trustees Operating Engineers Local 649 Annuity Trust Fund · Illinois · Construction

$113M in assets, 1,214 participants

Board of Trustees Operating Engineers Local 649 Annuity Trust Fund's Operating Engineers Local 649 Annuity Trust Fund reported $113M in total assets and 1,214 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 127,072 plans)
#8,168 in Construction (9,030 peers)

Where Operating Engineers Local 649 Annuity Trust Fund sits by assets

Operating Engineers Local 649 Annuity Trust Fund sits in the top 10% of all filed plans by assets, $113M for 1,214 participants (~$93,486/participant), up 9.6% in 2023.

$113M
total plan assets (2023 EOY): 1,214
covered participants: 92nd
percentile by assets (of 127,072 plans): $93,486
avg assets per participant

Where Operating Engineers Local 649 Annuity Trust Fund sits by total assets

Operating Engineers Local 649 Annuity Trust Fund vs every filed plan by assets

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

$113,492,242 Top 8% higher than 92% 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

Operating Engineers Local 649 Annuity Trust Fund reported net income rose from $6M in the plan year 2022 filing to $10M in the plan year 2023 filing.
Operating Engineers Local 649 Annuity Trust Fund end-of-year assets rose from $104M in the plan year 2022 filing to $113M in the plan year 2023 filing.
Operating Engineers Local 649 Annuity Trust Fund reported participants rose from 1,150 in the plan year 2022 filing to 1,214 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Construction

Operating Engineers Local 649 Annuity Trust Fund vs the 2023 asset distribution

By assets, Operating Engineers Local 649 Annuity Trust Fund outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$104M
Net Assets (End of Year)	$113M
Net Income	$10M
Employer EIN	371291915
Plan Effective Date	1990-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Operating Engineers Local 649 Annuity Trust Fund)

Total plan assets by year, all Board of Trustees Operating Engineers Local 649 Annuity Trust Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	1,150	$104M
2023	1	1,214	$113M
2024	1	1,225	$123M

Nearby Profit Sharing Plans in Illinois

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

Operating Engineers Local 649 Annuity Trust Fund 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

Compare Operating Engineers Local 649 Annuity Tr… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Operating Engineers Local 649 Annuity Trust Fund by total assets, not by location.

Cahill Gordon & Reindel LLP Defined Contribution Plan for Partners (NY) $114M · 63
The Medical Faculty Associates 401(a) Retirement Plan (DC) $114M · 1,042
Electrical Workers IBEW Local 163 Annuity Fund (NJ) $115M · 413
IBEW Local No. 236 Annuity Plan (NY) $116M · 2,058

Frequently Asked Questions

How did Operating Engineers Local 649 Annuity Trust Fund assets move in 2023? ▼

Operating Engineers Local 649 Annuity Trust Fund grew at a solid clip - up 9.6% during 2023, from $104M to $113M. Reported net income was $10M.

How have Board of Trustees Operating Engineers Local 649 Annuity Trust Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Operating Engineers Local 649 Annuity Trust Fund's sponsor-wide assets grew 18.9%, from $104M to $123M.

Where does Operating Engineers Local 649 Annuity Trust Fund rank by assets among Form 5500 filers? ▼

Operating Engineers Local 649 Annuity Trust Fund ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Operating Engineers Local 649 Annuity Trust Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is Cahill Gordon & Reindel LLP Defined Contribution Plan for Partners in NY ($114M, 63 participants).

Next read for Operating Engineers Local 649 Annuity Tr…

Scale reading

Ways to act on Operating Engineers Local 649 Annuity Trust Fund's numbers.

By total assets, Operating Engineers Local 649 Annuity Trust Fund ranks in the top 10% 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
Board of Trustees Operating Engineers Local 649 Annuity Trust Fund's sponsor-wide assets have grown 18.9% since 2022 across 3 plan years on file. More Construction 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 371291915.