Defined Benefit (Pension) · DOL Form 5500 · 2024

Employers & Operating Engineers Local 520 Pension Fund Board of Truste Pension Plan

Data updated 2026-08-06

$328M
Total assets: 881
Participants: 96th
Percentile by assets: $371,835
Avg per participant

Official DOL plan name: Employers & Operating Engineers Local 520 Pension Fund · Sponsored by Employers & Operating Engineers Local 520 Pension Fund Board of Truste · Illinois · Construction

$328M in assets, 881 participants

Employers & Operating Engineers Local 520 Pension Fund Board of Truste's Employers & Operating Engineers Local 520 Pension Fund reported $328M in total assets and 881 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 116,472 plans)

Where Employers & Operating Engineers Local 520 Pension Fund sits by assets

Employers & Operating Engineers Local 520 Pension Fund sits in the top 5% of all filed plans by assets, $328M for 881 participants (~$371,835/participant), up 10.0% in 2024.

$328M
total plan assets (2024 EOY): 881
covered participants: 96th
percentile by assets (of 116,472 plans): $371,835
avg assets per participant

Employers & Operating Engineers Local 520 Pension Fund reported net income rose from $25M in the plan year 2023 filing to $30M in the plan year 2024 filing.
Employers & Operating Engineers Local 520 Pension Fund end-of-year assets rose from $298M in the plan year 2023 filing to $328M in the plan year 2024 filing.
Employers & Operating Engineers Local 520 Pension Fund reported participants rose from 818 in the plan year 2023 filing to 881 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Illinois

Industry

Construction

Employers & Operating Engineers Local 520 Pension Fund vs the 2024 asset distribution

By assets, Employers & Operating Engineers Local 520 Pension Fund outranks 96% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 3.3x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$298M
Net Assets (End of Year)	$327M
Net Income	$30M
Employer EIN	376053929
Plan Effective Date	1963-12-27
Filing Status	FILING RECEIVED

Sponsor Plan History (Employers & Operating Engineers Local 520 Pension Fund Board of Truste)

Total plan assets by year, all Employers & Operating Engineers Local 520 Pension Fund Board of Truste plans on file

Year	Plans	Participants	Total Assets
2022	1	830	$273M
2023	1	818	$298M
2024	1	881	$328M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Employers & Operating Engineers Local 520 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
GE Healthcare Pension Plan $13.7B · 5,554
Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
Exelon Corporation Retirement Program $6.1B · 8,898

Compare Employers & Operating Engineers Local 52… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Employers & Operating Engineers Local 520 Pension Fund by total assets, not by location.

Masters, Mates & Pilots Pension Plan (MD) $328M · 640
Fresenius Medical Care North America Retirement Plan (MA) $327M · 4,023
Alaska Airlines, Inc. Retirement Plan for Salaried Employees (WA) $329M · 270
Otter Tail Corporation Pension Plan (MN) $329M · 311

Frequently Asked Questions

How did Employers & Operating Engineers Local 520 Pension Fund assets move in 2024? ▼

Employers & Operating Engineers Local 520 Pension Fund grew at a solid clip - up 10.0% during 2024, from $298M to $328M. Reported net income was $30M.

How have Employers & Operating Engineers Local 520 Pension Fund Board of Truste plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Employers & Operating Engineers Local 520 Pension Fund Board of Truste's sponsor-wide assets grew 19.9%, from $273M to $328M.

Where does Employers & Operating Engineers Local 520 Pension Fund rank by assets among Form 5500 filers? ▼

Employers & Operating Engineers Local 520 Pension Fund ranks in the 96th 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 Defined Benefit (Pension) plans are similar in size to Employers & Operating Engineers Local 520 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Masters, Mates & Pilots Pension Plan in MD ($328M, 640 participants).

Next read for Employers & Operating Engineers Local 52…

Scale reading

Ways to act on Employers & Operating Engineers Local 520 Pension Fund's numbers.

By total assets, Employers & Operating Engineers Local 520 Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Employers & Operating Engineers Local 520 Pension Fund Board of Truste's sponsor-wide assets have grown 19.9% 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 376053929.

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.