Money Purchase · DOL Form 5500 · 2023

Board of Trustees, Operating Engineers Local 12 Money Purchase Plan

Data updated 2026-08-25

$376M
Total assets Above avg plan size
19,566
Participants Very large workforce
97th
Percentile by assets National rank
$19,204
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#8,690
in Construction (9,030 peers)
+48.4%
assets growth YoY
3.8×
vs typical plan assets (national mean)

Operating Engineers Local 12 Defined Contribution Trust's outsized position by total assets

Operating Engineers Local 12 Defined Contribution Trust vs every filed plan by assets

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

$375,742,897 Top 3% higher than 97% 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 12 Defined Contribution Trust's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Operating Engineers Local 12 Defined Contribution Trust is a mega filing (19,566 participants), the rightmost band on the breakdown.

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.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 830984282 · Board of Trustees, Operating Engineers Local 12 PY 2023 · Money Purchase

Operating Engineers Local 12 Defined Contribution Trust · $376M · 19,566 · 97th

  • BOOK $376M
  • VS-ST 19,566
  • BOY 97th
  • SCH Money Purchase
  • EBSA near Ironworkers Local 11 Annuity Fund
  • PART ind #8690

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 Local 12 Defined Contribution Trust in the asset neighbourhood

Aura, Inc. Money Purchase Pension Plan and TrustAura, Inc. Money Purchase Pe…$381MIBEW Local 16, AFL-CIO & Multi- Employer Pension PlanIBEW Local 16, AFL-CIO & Mul…$379MOperating Engineers Local 12 Defined Contribution TrustOperating Engineers Local 12…$376MIronworkers Local 11 Annuity FundIronworkers Local 11 Annuity…$375MCascade Pension Trust Money Purchase Pension PlanCascade Pension Trust Money …$375M
End-of-year total assets ($M) among Operating Engineers Local 12 Defined Contribution Trust and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$253M
Net Assets (End of Year)$376M
Net Income$122M
Employer EIN830984282
Plan Effective Date2018-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Operating Engineers Local 12)

Sponsor-wide plan assets over time

All Board of Trustees, Operating Engineers Local 12 plans reported in each filing year

Latest sponsor-wide plan assets
$518M 104.56738702482869% vs 2022
2024 filing year
$200M$300M$400M$500M$600M 202220232024 $253M $518M ▲ +104.6%
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 Scatter plot of 6 data points. 150002000025000300003500040000 02468 Total assets ($B) Participants Operating Engineers Local 12 Defined Contribution Trust, Total assets ($B): 0.375742897 · Participants: 19566Operating Engineers Local 12 Defined Contribution TrustThe Permanente Contribution Plan of the Permanente Medical Group, Inc., Total assets ($B): 6.965801295 · Participants: 18060The Permanente Contribution Plan of the Permanente Medical Group, Inc.Kaiser Permanente Supplemental Savings and Retirement Plan, Total assets ($B): 5.097985049 · Participants: 36330Kaiser Permanente Supplemental Savings and Retirement PlanUniversity of Southern California Defined Contribution Retirement Plan, Total assets ($B): 4.426886727 · Participants: 20136University of Southern California Defined Contribution Retirement PlanCarpenters Annuity Trust Fund for Northern California, Total assets ($B): 3.257361302 · Participants: 25961Carpenters Annuity Trust Fund for Northern CaliforniaDirectors Guild of America-Producer Pension Plan Supplemental Benefit Plan, Total assets ($B): 2.151319709 · Participants: 23168Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan
Operating Engineers Local 12 Defined Contribution Trust vs. nearby Money Purchase plans in California, assets vs. participants
Compare Operating Engineers Local 12 Defined Contribution Trust side-by-side with 3 peers →

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's out-of-state Money Purchase peers by assets and headcount

Outside California, the nearest Money Purchase by assets is Ironworkers Local 11 Annuity Fund in NJ ($375M); by covered participants it is Michigan Regional Council of Carpenters' Annuity Fund in MI (17,454 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (19,566 participants); asset peers above are excluded.

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 12 Defined Contribution Trust assets move in 2023? ▼
Operating Engineers Local 12 Defined Contribution Trust surged - up 48.4% during 2023, from $253M to $376M. Reported net income was $122M.
How have Board of Trustees, Operating Engineers Local 12 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees, Operating Engineers Local 12's sponsor-wide assets grew 104.6%, from $253M to $518M.
Where does Operating Engineers Local 12 Defined Contribution Trust rank by assets among Form 5500 filers? ▼
Operating Engineers Local 12 Defined Contribution Trust ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Money Purchase plans are similar in size to Operating Engineers Local 12 Defined Contribution Trust? ▼
Among Money Purchase plans in other states, the closest by assets is Ironworkers Local 11 Annuity Fund in NJ ($375M, 1,159 participants).
Which Money Purchase plans cover a similar participant headcount to Operating Engineers Local 12 Defined Contribution Trust? ▼
Among Money Purchase plans in other states, the closest by covered participants is Michigan Regional Council of Carpenters' Annuity Fund in MI (17,454 participants, $500M in assets).

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 830984282.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.