Money Purchase · DOL Form 5500 · 2023

Board of Trustees - Operating Engineers Local No. 147 Annuity Money Purchase Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
707
Participants Below avg headcount
87th
Percentile by assets National rank
$79,123
Avg per participant Below avg balance/head
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Official DOL plan name: Operating Engineers Local No. 147 Annuity Fund · Sponsored by Board of Trustees - Operating Engineers Local No. 147 Annuity · Virginia · Construction

$56M in assets, 707 participants

Board of Trustees - Operating Engineers Local No. 147 Annuity's Operating Engineers Local No. 147 Annuity Fund reported $56M in total assets and 707 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,635 in Construction (9,030 peers)

Where Operating Engineers Local No. 147 Annuity Fund sits by assets

Operating Engineers Local No. 147 Annuity Fund sits in the top quartile of all filed plans by assets, $56M for 707 participants (~$79,123/participant), up 19.2% in 2023.

#7,635
in Construction (9,030 peers)
+19.2%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Operating Engineers Local No. 147 Annuity Fund's outsized position by total assets

Operating Engineers Local No. 147 Annuity Fund vs every filed plan by assets

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

$55,939,899 Top 13% higher than 87% 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

Operating Engineers Local No. 147 Annuity 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. Operating Engineers Local No. 147 Annuity Fund sits mid-pack in the medium band (707 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Operating Engineers Local No. 147 Annuity Fund reported net income rose from $4M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Operating Engineers Local No. 147 Annuity Fund reported participants fell from 978 in the plan year 2022 filing to 707 in the plan year 2023 filing.
  • Operating Engineers Local No. 147 Annuity Fund end-of-year assets rose from $47M in the plan year 2022 filing to $56M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 660598785 · Board of Trustees - Operating Engineers Local No. 147 Annuity PY 2023 · Money Purchase

Operating Engineers Local No. 147 Annuity Fund · $56M · 707 · 87th

  • BOOK $56M
  • BOOK 707
  • BOOK 87th
  • BOOK Money Purchase
  • BOOK near Operating Eng. Local 474 Defined Contribution
  • BOOK ind #7635

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 Virginia →

Operating Engineers Local No. 147 Annuity Fund in the asset neighbourhood

Sevenson Environmental Services, Inc. Pension PlanSevenson Environmental Servi…$56MNational Democratic Institute for International Affairs Money Purchase Pension PlanNational Democratic Institut…$56MOperating Engineers Local No. 147 Annuity FundOperating Engineers Local No…$56MOperating Eng. Local 474 Defined ContributionOperating Eng. Local 474 Def…$56MLocal 18 Int'l Assoc. of Heat & Frost Insulators & Allied Workers Supplemental Pension FundLocal 18 Int'l Assoc. of Hea…$56M
End-of-year total assets ($M) among Operating Engineers Local No. 147 Annuity Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$56M
Net Income$9M
Employer EIN660598785
Plan Effective Date2001-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees - Operating Engineers Local No. 147 Annuity)

Sponsor-wide plan assets over time

All Board of Trustees - Operating Engineers Local No. 147 Annuity plans reported in each filing year

Latest sponsor-wide plan assets
$65M 37.89492366859493% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $46.9M $64.7M ▲ +37.9%
Year Plans Participants Total Assets
2022 1 978 $47M
2023 1 707 $56M
2024 1 2,421 $65M

Nearby Money Purchase Plans in Virginia

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Operating Engineers Local No. 147 Annuity Fund vs. nearby Money Purchase plans in Virginia, assets vs. participants Scatter plot of 6 data points. 01000200030004000 -0.500.511.5 Total assets ($B) Participants Operating Engineers Local No. 147 Annuity Fund, Total assets ($B): 0.055939899 · Participants: 707Operating Engineers Local No. 147 Annuity FundThe George Washington University Retirement Plan for Faculty and Staff, Total assets ($B): 1.316563126 · Participants: 3809The George Washington University Retirement Plan for Faculty and StaffNoblis, Inc. Qualified Retirement Plan, Total assets ($B): 0.222153381 · Participants: 2122Noblis, Inc. Qualified Retirement PlanMid-Atlantic States District Council Participating Locals Annuity Fund, Total assets ($B): 0.128228378 · Participants: 2849Mid-Atlantic States District Council Participating Locals Annuity FundAmerican College of Radiology Employees' Pension Plan and Trust, Total assets ($B): 0.10323569 · Participants: 559American College of Radiology Employees' Pension Plan and TrustPlumbers & Fitters Local No. 110 Annuity Trust Fund, Total assets ($B): 0.053051747 · Participants: 814Plumbers & Fitters Local No. 110 Annuity Trust Fund
Operating Engineers Local No. 147 Annuity Fund vs. nearby Money Purchase plans in Virginia, assets vs. participants

Operating Engineers Local No. 147 Annuity Fund's out-of-state Money Purchase peers by assets and headcount

Outside Virginia, the nearest Money Purchase by assets is Operating Eng. Local 474 Defined Contribution in TN ($56M); by covered participants it is Iron Workers Local 395 Annuity Fund in IL (700 participants). Same-state nearby plans are listed separately above.

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 Operating Engineers Local No. 147 Annuity Fund assets move in 2023?
Operating Engineers Local No. 147 Annuity Fund grew sharply - up 19.2% during 2023, from $47M to $56M. Reported net income was $9M.
How have Board of Trustees - Operating Engineers Local No. 147 Annuity plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees - Operating Engineers Local No. 147 Annuity's sponsor-wide assets grew 37.9%, from $47M to $65M.
Where does Operating Engineers Local No. 147 Annuity Fund rank by assets among Form 5500 filers?
Operating Engineers Local No. 147 Annuity Fund ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Operating Engineers Local No. 147 Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is Operating Eng. Local 474 Defined Contribution in TN ($56M, 338 participants).
Which Money Purchase plans cover a similar participant headcount to Operating Engineers Local No. 147 Annuity Fund?
Among Money Purchase plans in other states, the closest by covered participants is Iron Workers Local 395 Annuity Fund in IL (700 participants, $62M in assets).