Profit Sharing · DOL Form 5500 · 2024

Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi Profit Sharing Plan

Data updated 2026-08-25

$84M
Total assets Below avg plan size
5,355
Participants Above avg headcount
89th
Percentile by assets National rank
$15,625
Avg per participant Low balance/head
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Official DOL plan name: International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund · Sponsored by Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi · California · Administrative & Support Services

$84M in assets, 5,355 participants

Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi's International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund reported $84M in total assets and 5,355 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #4,139 in Administrative & Support Services (4,368 peers)

Coverage in California

International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund covers 5,355 participants in California, 8.5x the typical California plan (state average ~630 per filing). Assets: $84M.

#4,139
in Administrative & Support Services (4,368 peers)
+24.9%
assets growth YoY
0.8×
vs typical plan assets (national mean)

International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund's outsized position by total assets

International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$83,672,017 Top 11% higher than 89% of 123,620 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 2024

International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund lands in the large band (5,355 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund end-of-year assets rose from $67M in the plan year 2023 filing to $84M in the plan year 2024 filing.
  • International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund reported participants rose from 4,960 in the plan year 2023 filing to 5,355 in the plan year 2024 filing.
  • International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund reported net income fell from $18M in the plan year 2023 filing to $17M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 815319756 · Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi PY 2024 · Profit Sharing

International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund · $84M · 5,355 · 89th

  • NET $84M
  • NET 5,355
  • NET 89th
  • NET Profit Sharing
  • NET near The Seaport Group, LLC Profit Sharing Plan
  • NET ind #4139

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 Administrative & Support Services retirement plans → · Plans in California →

International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund in the asset neighbourhood

Penn Mutual Agents' Retirement PlanPenn Mutual Agents' Retireme…$84MThe Seaport Group, LLC Profit Sharing PlanThe Seaport Group, LLC Profi…$84MInternational Union of Operating Engineers Local 501 Individual Account Plan Trust FundInternational Union of Opera…$84MOperating Engineers Local No 37 Severance & Annuity FundOperating Engineers Local No…$83MAvantus Frozen Retirement PlanAvantus Frozen Retirement Pl…$83M
End-of-year total assets ($M) among International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$67M
Net Assets (End of Year)$84M
Net Income$17M
Employer EIN815319756
Plan Effective Date2016-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi)

Sponsor-wide plan assets over time

All Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi plans reported in each filing year

Latest sponsor-wide plan assets
$84M 70.46300584573986% vs 2022
2024 filing year
$40M$60M$80M$100M 202220232024 $49.1M $83.7M ▲ +70.4%
Year Plans Participants Total Assets
2022 1 4,435 $49M
2023 1 4,960 $67M
2024 1 5,355 $84M

Nearby Profit Sharing Plans in California

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

International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -20246810 Total assets ($B) Participants International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund, Total assets ($B): 0.083672017 · Participants: 5355International Union of Operating Engineers Local 501 Individual Account Plan Trust FundScpmg Keogh Plan, Total assets ($B): 7.873239427 · Participants: 10749Scpmg Keogh PlanIntel Retirement Contribution Plan, Total assets ($B): 7.29473208 · Participants: 19044Intel Retirement Contribution PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 6.232609737 · Participants: 67842Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.429377 · Participants: 4491Memorialcare Retirement PlanDisney Retirement Savings Plan, Total assets ($B): 1.420512537 · Participants: 36338Disney Retirement Savings Plan
International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund vs. nearby Profit Sharing plans in California, assets vs. participants
Compare International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund side-by-side with 3 peers →

Scale composition for International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund

International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund reports $84M in end-of-year assets across 5,355 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $15,625 per participant (11% of the national average assets-per-participant) . Net income for plan year 2024 was $17M.

This plan identity (EIN 815319756, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $49M to $84M (+70.5%) while covered participants moved from 4,435 to 5,355 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,435 $49M Open filing
2023 4,960 $67M Open filing
2024 · index core 5,355 $84M This page

International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund's out-of-state Profit Sharing peers by assets and headcount

Outside California, the nearest Profit Sharing by assets is The Seaport Group, LLC Profit Sharing Plan in NY ($84M); by covered participants it is Iron Workers Defined Contribution Pension Fund Plan in MI (5,319 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,355 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund assets move in 2024? ▼
International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund grew sharply - up 24.9% during 2024, from $67M to $84M. Reported net income was $17M.
How have Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi's sponsor-wide assets grew 70.5%, from $49M to $84M.
Where does International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund rank by assets among Form 5500 filers? ▼
International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is The Seaport Group, LLC Profit Sharing Plan in NY ($84M, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Iron Workers Defined Contribution Pension Fund Plan in MI (5,319 participants, $232M in assets).

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 815319756.

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.