Defined Benefit (Pension) · DOL Form 5500 · 2022
Board of Trustees, Operating Engineers Pension Trust Pension Plan
Data updated 2026-08-25
- $3.3B
- Total assets Very large vs avg
- 12,640
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $258,194
- Avg per participant Above avg balance/head
Official DOL plan name: Operating Engineers Pension Trust · Sponsored by Board of Trustees, Operating Engineers Pension Trust · California · Construction
$3.3B in assets, 12,640 participants
Board of Trustees, Operating Engineers Pension Trust's Operating Engineers Pension Trust reported $3.3B in total assets and 12,640 participants in its 2022 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.
- #9,904 in Construction (9,927 peers)
Coverage in California
Operating Engineers Pension Trust covers 12,640 participants in California, 20x the typical California plan (state average ~630 per filing). Assets: $3.3B.
- #9,904
- in Construction (9,927 peers)
- +9.1%
- assets growth YoY
- 33×
- vs typical plan assets (national mean)
Operating Engineers Pension Trust's outsized position by total assets
Operating Engineers Pension Trust vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$3,263,576,768 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Operating Engineers Pension Trust's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Operating Engineers Pension Trust is a mega filing (12,640 participants), the rightmost band on the breakdown.
Plan-year Form 5500 strip
Filing strip 956032478 · Board of Trustees, Operating Engineers Pension Trust PY 2022 · Defined Benefit (Pension)
Operating Engineers Pension Trust · $3.3B · 12,640 · 100th
- EIN $3.3B
- RANK 12,640
- PHOTO 100th
- IND Defined Benefit (Pension)
- EOY near Carpenters Pension Trust Fund of St. Louis
- 5500 ind #9904
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 California →
Operating Engineers Pension Trust in the asset neighbourhood
California filing particulars
| Total Assets (Beginning of Year) | $3.0B |
|---|---|
| Net Assets (End of Year) | $3.2B |
| Net Income | $272M |
| Employer EIN | 956032478 |
| Plan Effective Date | 1960-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Operating Engineers Pension Trust)
Sponsor-wide plan assets over time
All Board of Trustees, Operating Engineers Pension Trust plans reported in each filing year
- Latest sponsor-wide plan assets
- $6.8B 109.59446194341827% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 12,640 | $3.3B |
| 2023 | 1 | 13,014 | $3.5B |
| 2024 | 2 | 24,439 | $6.8B |
Nearby Defined Benefit (Pension) Plans in California
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Kaiser Permanente Retirement Plan $31.9B · 126,331
- Pacific Gas and Electric Company Retirement Plan $17.1B · 25,709
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.4B · 19,326
- Disney Salaried Pension Plan D $9.2B · 11,405
- Wells Fargo & Company Cash Balance Plan $8.8B · 59,141
Scale composition for Operating Engineers Pension Trust
Operating Engineers Pension Trust reports $3.3B in end-of-year assets across 12,640 participants (0.026% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $258,194 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2022 was $272M.
This plan identity (EIN 956032478, plan #001) has 4 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.3B to $3.8B (+15.3%) while covered participants moved from 12,640 to 13,192 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,640 | $3.3B | This page |
| 2023 | 13,014 | $3.5B | Open filing |
| 2024 | 11,247 | $3.1B | Open filing |
| 2024 · index core | 13,192 | $3.8B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Operating Engineers Pension Trust (Defined Benefit (Pension), $3.8B, 13,192 participants)
Operating Engineers Pension Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside California, the nearest Defined Benefit (Pension) by assets is Carpenters Pension Trust Fund of St. Louis in MO ($3.3B); by covered participants it is Midwest Operating Engineers Pension Trust Fund in IL (12,568 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.3B here).
- Carpenters Pension Trust Fund of St. Louis (MO) $3.3B · 8,767
- Cummins Pension Plan (IN) $3.2B · 24,119
- Pinnacle West Capital Corporation Retirement Plan (AZ) $3.2B · 5,840
- Hii Newport News Shipbuilding, Inc. Retirement Plan (VA) $3.3B · 5,995
Similar participant headcount
Nearest other-state filings by covered participants (12,640 participants); asset peers above are excluded.
- Midwest Operating Engineers Pension Trust Fund (IL) 12,568 · 72 off
- Massachusetts Service Employees Pension Plan (MA) 12,521 · 119 off
- Nestle Pension Plan (OH) 12,813 · 173 off
- Caterpillar Inc. Retirement Income Plan (TX) 12,815 · 175 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.