Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees, Operating Engineers Pension Trust Pension Plan
Data updated 2026-07-24
- $3.1B
- Total assets
- 11,247
- Participants
- 99th
- Percentile by assets
- $273,617
- Avg per participant
Official DOL plan name: Operating Engineers Pension Trust · Sponsored by Board of Trustees, Operating Engineers Pension Trust · California · Construction
$3.1B in assets, 11,247 participants
Board of Trustees, Operating Engineers Pension Trust's Operating Engineers Pension Trust reported $3.1B in total assets and 11,247 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 116,472 plans)
Coverage in California
Operating Engineers Pension Trust covers 11,247 participants in California, 18x the typical California plan (state average ~637 per filing). Assets: $3.1B.
- $3.1B
- total plan assets (2024 EOY)
- 11,247
- covered participants
- 99th
- percentile by assets (of 116,472 plans)
- $273,617
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Operating Engineers Pension Trust reported net income rose from $242M in the plan year 2023 filing to $682M in the plan year 2024 filing.
- Operating Engineers Pension Trust reported participants fell from 13,014 in the plan year 2023 filing to 11,247 in the plan year 2024 filing.
- Operating Engineers Pension Trust end-of-year assets fell from $3.5B in the plan year 2023 filing to $3.1B in the plan year 2024 filing.
Participants vs California filers
In California, the average filing covers about 637 participants across 14,392 plans. Operating Engineers Pension Trust reports 11,247 participants - 18x that state average ($3.1B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $2.5B |
|---|---|
| Net Assets (End of Year) | $3.0B |
| Net Income | $682M |
| Employer EIN | 956032478 |
| Plan Effective Date | 1960-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Operating Engineers Pension Trust)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 12,640 | $3.3B |
| 2023 | 1 | 13,014 | $3.5B |
| 2024 | 1 | 11,247 | $3.1B |
Nearby Defined Benefit (Pension) Plans in California
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Operating Engineers Pension Trust vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
- Kaiser Permanente Retirement Plan $34.5B · 135,057
- Pacific Gas and Electric Company Retirement Plan $17.6B · 27,500
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $11.4B · 18,983
- Western States Carpenters Pension Plan $11.3B · 48,582
- Disney Salaried Pension Plan D $10.4B · 9,984
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Operating Engineers Pension Trust by total assets, not by location.
- Burlington Northern Santa Fe Retirement Plan (TX) $3.1B · 4,759
- Kpmg Pension Plan (NJ) $3.1B · 20,564
- Pinnacle West Capital Corporation Retirement Plan (AZ) $3.1B · 6,044
- Highmark Retirement Plan (PA) $3.1B · 13,824
Frequently Asked Questions
How did Operating Engineers Pension Trust assets move in 2024? ▼
How have Board of Trustees, Operating Engineers Pension Trust plan assets changed over time? ▼
Where does Operating Engineers Pension Trust rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Operating Engineers Pension Trust? ▼
Next read for Operating Engineers Pension Trust
Filing takeaways
Ways to act on Operating Engineers Pension Trust's numbers.
- By total assets, Operating Engineers Pension Trust ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
- Board of Trustees, Operating Engineers Pension Trust's sponsor-wide assets have declined 5.7% 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 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 956032478.
Read our methodology - how this data is sourced, computed, and verified.