Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Local 138, 138a, 138b & 138c Iuoe Annuity Fund Profit Sharing Plan

Data updated 2026-08-11

$359M
Total assets: 1,544
Participants: 97th
Percentile by assets: $232,262
Avg per participant

Official DOL plan name: Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund · Sponsored by Board of Trustees Local 138, 138a, 138b & 138c Iuoe Annuity Fund · New York · Finance & Insurance

$359M in assets, 1,544 participants

Board of Trustees Local 138, 138a, 138b & 138c Iuoe Annuity Fund's Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund reported $359M in total assets and 1,544 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)
#8,369 in Finance & Insurance (8,869 peers)

Where Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund sits by assets

Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund sits in the top 5% of all filed plans by assets, $359M for 1,544 participants (~$232,262/participant), up 8.6% in 2023.

$359M
total plan assets (2023 EOY): 1,544
covered participants: 97th
percentile by assets (of 127,072 plans): $232,262
avg assets per participant

Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund reported participants rose from 1,221 in the plan year 2022 filing to 1,544 in the plan year 2023 filing.
Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund end-of-year assets rose from $330M in the plan year 2022 filing to $359M in the plan year 2023 filing.
Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund reported net income fell from $29M in the plan year 2022 filing to $28M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New York

Industry

Finance & Insurance

Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund vs the 2023 asset distribution

By assets, Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$330M
Net Assets (End of Year)	$356M
Net Income	$28M
Employer EIN	112653717
Plan Effective Date	1983-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Local 138, 138a, 138b & 138c Iuoe Annuity Fund)

Total plan assets by year, all Board of Trustees Local 138, 138a, 138b & 138c Iuoe Annuity Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	1,221	$330M
2023	1	1,544	$359M
2024	1	1,338	$390M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Annuity Plan of the Electrical Industry $2.2B · 18,907
Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.9B · 3,402
Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.7B · 5,807
The Research Foundation for Suny Retirement Plan $1.2B · 10,120
Mason Tenders District Council Annuity Fund $913M · 11,237

Compare Local 138, 138a, 138b & 138c Internati o… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund by total assets, not by location.

Iron Workers St. Louis District Council Annuity Trust Fund (MO) $363M · 4,927
Gensler Profit Sharing Plan (CA) $353M · 4,612
Childrens Healthcare of Atlanta Growth Plan (GA) $344M · 12,194
Electrical Workers Local Union 159 Retirement Plan (WI) $374M · 1,358

Frequently Asked Questions

How did Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund assets move in 2023? ▼

Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund grew at a solid clip - up 8.6% during 2023, from $330M to $359M. Reported net income was $28M.

How have Board of Trustees Local 138, 138a, 138b & 138c Iuoe Annuity Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Local 138, 138a, 138b & 138c Iuoe Annuity Fund's sponsor-wide assets grew 17.9%, from $330M to $390M.

Where does Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund rank by assets among Form 5500 filers? ▼

Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund 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 Profit Sharing plans are similar in size to Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is Iron Workers St. Louis District Council Annuity Trust Fund in MO ($363M, 4,927 participants).

Next read for Local 138, 138a, 138b & 138c Internati o…

Scale reading

Ways to act on Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund's numbers.

By total assets, Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
Board of Trustees Local 138, 138a, 138b & 138c Iuoe Annuity Fund's sponsor-wide assets have grown 17.9% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 112653717.