Money Purchase
2023 plan-year Money Purchase DOL Form 5500

OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION

This Money Purchase plan holds $56M in total assets and serves 338 participants as of 2023. It is sponsored by OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION in Tennessee. The plan reported positive net income of $3M for the year.

Total Assets (2023)
$56M
Participants
338
State
Industry
Construction

What the Filing Says About OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION

OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION is a Money Purchase retirement plan sponsored by OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION, headquartered in Tennessee. As of the 2023 Form 5500 filing, the plan reports $56M in total end-of-year assets and covers 338 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 586209482, and the plan has been effective since 1985-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $53M at the beginning of 2023 to $56M at year-end — a gain of 5.4%. Net assets (after liabilities) closed the year at $56M, with reported net income of $3M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$53M
Total Assets (End of Year)$56M
Net Assets (End of Year)$56M
Net Income$3M
Plan TypeMoney Purchase
Employer EIN586209482
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION)

Year Plans Participants Total Assets
2022 1 463 $53M
2023 1 338 $56M

Nearby Money Purchase Plans in Tennessee

Peer Money Purchase plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION?
As of the 2023 Form 5500 filing, OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION holds $56M in total assets with 338 participants. It is sponsored by OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION.
What type of plan is OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION?
OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION is a Money Purchase plan. It has been effective since 1985-07-01. The plan is filed with the U.S. Department of Labor under EIN 586209482.
Who sponsors the OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION?
OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION is sponsored by OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION, located in Tennessee. The sponsor's EIN is 586209482 and the plan operates in the Construction industry.
How did OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION perform in 2023?
OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION grew by 5.4% during 2023, moving from $53M to $56M in total assets. Net income was $3M.
Where can I find official filings for OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION?
Official Form 5500 filings for OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 586209482 or plan name at efast.dol.gov.
How does OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION compare to other plans?
You can compare OPERATING ENG. LOCAL 474 DEFINED CONTRIBUTION against other Money Purchase plans on the plan type page, or view plans in Tennessee on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 586209482.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.