Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees, Pension Trust Fund for Operating Pension Plan

Data updated 2026-07-24

$5.4B
Total assets
20,372
Participants
100th
Percentile by assets
$265,109
Avg per participant
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Official DOL plan name: Pension Trust Fund for Operating Engineers · Sponsored by Board of Trustees, Pension Trust Fund for Operating · California · Construction

$5.4B in assets, 20,372 participants

Board of Trustees, Pension Trust Fund for Operating's Pension Trust Fund for Operating Engineers reported $5.4B in total assets and 20,372 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 116,472 plans)

Coverage in California

Pension Trust Fund for Operating Engineers covers 20,372 participants in California, 32x the typical California plan (state average ~637 per filing). Assets: $5.4B.

$5.4B
total plan assets (2024 EOY)
20,372
covered participants
100th
percentile by assets (of 116,472 plans)
$265,109
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pension Trust Fund for Operating Engineers reported participants fell from 44,447 in the plan year 2023 filing to 20,372 in the plan year 2024 filing.
  • Pension Trust Fund for Operating Engineers reported net income rose from $283M in the plan year 2023 filing to $310M in the plan year 2024 filing.
  • Pension Trust Fund for Operating Engineers end-of-year assets rose from $5.1B in the plan year 2023 filing to $5.4B 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 reports 20,372 participants - 32x that state average ($5.4B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$5.1B
Net Assets (End of Year)$5.4B
Net Income$310M
Employer EIN946090764
Plan Effective Date1959-12-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Pension Trust Fund for Operating)

$5B$5.5B$6B$6.5B 202220232024 $5.21B $5.95B ▲ +14.2%
Total plan assets by year, all Board of Trustees, Pension Trust Fund for Operating 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 Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Pension Trust Fund for Operating Engineers vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Pension Trust Fund for Operating Engineers vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Pension Trust Fund f…Kaiser Permanente Re…Pacific Gas and Elec…Retirement Plan for …Western States Carpe…Disney Salaried Pens…
Pension Trust Fund for Operating Engineers vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Trust Fund for Operating Engineers by total assets, not by location.

Frequently Asked Questions

How did Pension Trust Fund for Operating Engineers assets move in 2024?
Pension Trust Fund for Operating Engineers grew at a solid clip - up 6.1% during 2024, from $5.1B to $5.4B. Reported net income was $310M.
How have Board of Trustees, Pension Trust Fund for Operating plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, Pension Trust Fund for Operating's sponsor-wide assets grew 14.1%, from $5.2B to $5.9B.
Where does Pension Trust Fund for Operating Engineers rank by assets among Form 5500 filers?
Pension Trust Fund for Operating Engineers ranks in the 100th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Pension Trust Fund for Operating Engineers?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Nextera Energy, Inc. Employee Pension Plan in FL ($5.3B, 14,419 participants).

Next read for Pension Trust Fund for Operating Enginee…

Filing takeaways

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

  • By total assets, Pension Trust Fund for Operating Engineers ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
  • Board of Trustees, Pension Trust Fund for Operating's sponsor-wide assets have grown 14.1% since 2022 across 3 plan years on file. More Construction plans

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 946090764.

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