Money Purchase · DOL Form 5500 · 2024

Board of Trustees, Operating Engineers Annuity Plan Money Purchase Plan

Data updated 2026-08-06

$548M
Total assets
23,224
Participants
97th
Percentile by assets
$23,609
Avg per participant
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Official DOL plan name: Pension Trust Fund for Operating Engineers Annuity Plan · Sponsored by Board of Trustees, Operating Engineers Annuity Plan · California · Construction

$548M in assets, 23,224 participants

Board of Trustees, Operating Engineers Annuity Plan's Pension Trust Fund for Operating Engineers Annuity Plan reported $548M in total assets and 23,224 participants in its 2024 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 116,472 plans)
  • #8,110 in Construction (8,304 peers)

Coverage in California

Pension Trust Fund for Operating Engineers Annuity Plan covers 23,224 participants in California, 36x the typical California plan (state average ~637 per filing). Assets: $548M.

$548M
total plan assets (2024 EOY)
23,224
covered participants
97th
percentile by assets (of 116,472 plans)
$23,609
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pension Trust Fund for Operating Engineers Annuity Plan end-of-year assets rose from $481M in the plan year 2023 filing to $548M in the plan year 2024 filing.
  • Pension Trust Fund for Operating Engineers Annuity Plan reported net income fell from $77M in the plan year 2023 filing to $67M in the plan year 2024 filing.
  • Pension Trust Fund for Operating Engineers Annuity Plan reported participants rose from 22,615 in the plan year 2023 filing to 23,224 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Pension Trust Fund for Operating Engineers Annuity Plan reports 23,224 participants - 36x that state average ($548M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$481M
Net Assets (End of Year)$548M
Net Income$67M
Employer EIN946090764
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Operating Engineers Annuity Plan)

$5B$5.5B$6B$6.5B 202220232024 $5.21B $5.95B ▲ +14.2%
Total plan assets by year, all Board of Trustees, Operating Engineers Annuity Plan plans on file
Year Plans Participants Total Assets
2022 2 40,978 $5.2B
2023 2 67,062 $5.6B
2024 2 43,596 $5.9B

Nearby Money Purchase Plans in California

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

Pension Trust Fund for Operating Engineers Annuity Plan vs. nearby Money Purchase plans in California, assets vs. participants

Pension Trust Fund for Operating Engineers Annuity Plan vs. nearby Money Purchase plans in California, assets vs. participants Scatter plot of 6 data points. 150002000025000300003500040000 0246810 Total assets ($B) Participants Pension Trust Fund f…The Permanente Contr…Kaiser Permanente Su…University of Southe…Directors Guild of A…Scripps Health Retir…
Pension Trust Fund for Operating Engineers Annuity Plan vs. nearby Money Purchase plans in California, assets vs. participants

Scale composition for Pension Trust Fund for Operating Engineers Annuity Plan

Pension Trust Fund for Operating Engineers Annuity Plan reports $548M in end-of-year assets across 23,224 participants (0.005% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.026% of 89,805,449 covered participants) - about $23,609 per participant (17% of the national average assets-per-participant) . Net income for plan year 2024 was $67M.

This plan identity (EIN 946090764, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $405M to $548M (+35.4%) while covered participants moved from 21,455 to 23,224 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 21,455 $405M Open filing
2023 22,615 $481M Open filing
2024 · index core 23,224 $548M This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Pension Trust Fund for Operating Engineers Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Pension Trust Fund for Operating Engineers Annuity Plan assets move in 2024?
Pension Trust Fund for Operating Engineers Annuity Plan grew at a solid clip - up 13.9% during 2024, from $481M to $548M. Reported net income was $67M.
How have Board of Trustees, Operating Engineers Annuity Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, Operating Engineers Annuity Plan's sponsor-wide assets grew 14.1%, from $5.2B to $5.9B.
Where does Pension Trust Fund for Operating Engineers Annuity Plan rank by assets among Form 5500 filers?
Pension Trust Fund for Operating Engineers Annuity Plan ranks in the 97th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Money Purchase plans are similar in size to Pension Trust Fund for Operating Engineers Annuity Plan?
Among Money Purchase plans in other states, the closest by assets is Nfl Pension Plan in NY ($544M, 1,626 participants).

Next read for Pension Trust Fund for Operating Enginee…

Filing takeaways

Ways to act on Pension Trust Fund for Operating Engineers Annuity Plan's numbers.

  • By total assets, Pension Trust Fund for Operating Engineers Annuity Plan 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 Annuity Plan's sponsor-wide assets have grown 14.1% since 2022 across 3 plan years on file. More Construction plans