Money Purchase · DOL Form 5500 · 2023
Board of Trustees, Operating Engineers Local 12 Money Purchase Plan
Data updated 2026-08-11
- $376M
- Total assets
- 19,566
- Participants
- 97th
- Percentile by assets
- $19,204
- Avg per participant
Official DOL plan name: Operating Engineers Local 12 Defined Contribution Trust · Sponsored by Board of Trustees, Operating Engineers Local 12 · California · Construction
$376M in assets, 19,566 participants
Board of Trustees, Operating Engineers Local 12's Operating Engineers Local 12 Defined Contribution Trust reported $376M in total assets and 19,566 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 127,072 plans)
- #8,690 in Construction (9,030 peers)
Coverage in California
Operating Engineers Local 12 Defined Contribution Trust covers 19,566 participants in California, 31x the typical California plan (state average ~630 per filing). Assets: $376M.
- $376M
- total plan assets (2023 EOY)
- 19,566
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $19,204
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Operating Engineers Local 12 Defined Contribution Trust end-of-year assets rose from $253M in the plan year 2022 filing to $376M in the plan year 2023 filing.
- Operating Engineers Local 12 Defined Contribution Trust reported net income rose from $89M in the plan year 2022 filing to $122M in the plan year 2023 filing.
- Operating Engineers Local 12 Defined Contribution Trust reported participants rose from 17,948 in the plan year 2022 filing to 19,566 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Operating Engineers Local 12 Defined Contribution Trust reports 19,566 participants - 31x that state average ($376M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $253M |
|---|---|
| Net Assets (End of Year) | $376M |
| Net Income | $122M |
| Employer EIN | 830984282 |
| Plan Effective Date | 2018-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Operating Engineers Local 12)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 17,948 | $253M |
| 2023 | 1 | 19,566 | $376M |
| 2024 | 1 | 20,504 | $518M |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Operating Engineers Local 12 Defined Contribution Trust vs. nearby Money Purchase plans in California, assets vs. participants
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.0B · 18,060
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.1B · 36,330
- University of Southern California Defined Contribution Retirement Plan $4.4B · 20,136
- Carpenters Annuity Trust Fund for Northern California $3.3B · 25,961
- Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan $2.2B · 23,168
Scale composition for Operating Engineers Local 12 Defined Contribution Trust
Operating Engineers Local 12 Defined Contribution Trust reports $376M in end-of-year assets across 19,566 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.021% of 93,925,755 covered participants) - about $19,204 per participant (14% of the national average assets-per-participant) . Net income for plan year 2023 was $122M.
This plan identity (EIN 830984282, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $253M to $518M (+104.6%) while covered participants moved from 17,948 to 20,504 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 17,948 | $253M | Open filing |
| 2023 | 19,566 | $376M | This page |
| 2024 · index core | 20,504 | $518M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Operating Engineers Local 12 Defined Contribution Trust (Money Purchase, $518M, 20,504 participants)
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Operating Engineers Local 12 Defined Contribution Trust by total assets, not by location.
- Ironworkers Local 11 Annuity Fund (NJ) $375M · 1,159
- Cascade Pension Trust Money Purchase Pension Plan (OR) $375M · 2,092
- IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan (TN) $379M · 2,004
- Aura, Inc. Money Purchase Pension Plan and Trust (DC) $381M · 1,394
Frequently Asked Questions
How did Operating Engineers Local 12 Defined Contribution Trust assets move in 2023? ▼
How have Board of Trustees, Operating Engineers Local 12 plan assets changed over time? ▼
Where does Operating Engineers Local 12 Defined Contribution Trust rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Operating Engineers Local 12 Defined Contribution Trust? ▼
Next read for Operating Engineers Local 12 Defined Con…
Filing takeaways
Ways to act on Operating Engineers Local 12 Defined Contribution Trust's numbers.
- By total assets, Operating Engineers Local 12 Defined Contribution Trust ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
- Board of Trustees, Operating Engineers Local 12's sponsor-wide assets have grown 104.6% since 2022 across 3 plan years on file. More Construction plans