401(k) · DOL Form 5500 · 2024
Board of Trustees Iuoe Local 324 Retirement Trust Fund 401(k) Plan
Data updated 2026-08-25
- $70M
- Total assets Below avg plan size
- 1,692
- Participants Near avg headcount
- 88th
- Percentile by assets National rank
- $41,569
- Avg per participant Low balance/head
Official DOL plan name: International Union of Operating Engineers Local 324 Retirement Trust Fund · Sponsored by Board of Trustees Iuoe Local 324 Retirement Trust Fund · Michigan · Construction
$70M in assets, 1,692 participants
Board of Trustees Iuoe Local 324 Retirement Trust Fund's International Union of Operating Engineers Local 324 Retirement Trust Fund reported $70M in total assets and 1,692 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.
- #7,747 in Construction (9,039 peers)
Coverage in Michigan
International Union of Operating Engineers Local 324 Retirement Trust Fund covers 1,692 participants in Michigan, 2.7x the typical Michigan plan (state average ~638 per filing). Assets: $70M.
- #7,747
- in Construction (9,039 peers)
- +17.2%
- assets growth YoY
- 0.7×
- vs typical plan assets (national mean)
International Union of Operating Engineers Local 324 Retirement Trust Fund's outsized position by total assets
International Union of Operating Engineers Local 324 Retirement Trust Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$70,335,457 Top 12% higher than 88% of 123,620 filed plans
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 324 Retirement 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 324 Retirement Trust Fund lands in the large band (1,692 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- International Union of Operating Engineers Local 324 Retirement Trust Fund end-of-year assets rose from $60M in the plan year 2023 filing to $70M in the plan year 2024 filing.
- International Union of Operating Engineers Local 324 Retirement Trust Fund reported net income fell from $11M in the plan year 2023 filing to $10M in the plan year 2024 filing.
- International Union of Operating Engineers Local 324 Retirement Trust Fund reported participants rose from 1,672 in the plan year 2023 filing to 1,692 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 383685356 · Board of Trustees Iuoe Local 324 Retirement Trust Fund PY 2024 · 401(k)
International Union of Operating Engineers Local 324 Retirement Trust Fund · $70M · 1,692 · 88th
- PCT $70M
- EIN 1,692
- RANK 88th
- PHOTO 401(k)
- IND near Trading Technologies 401(k) Plan
- EOY ind #7747
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 Construction retirement plans → · Plans in Michigan →
International Union of Operating Engineers Local 324 Retirement Trust Fund in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $60M |
|---|---|
| Net Assets (End of Year) | $70M |
| Net Income | $10M |
| Employer EIN | 383685356 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Iuoe Local 324 Retirement Trust Fund)
Sponsor-wide plan assets over time
All Board of Trustees Iuoe Local 324 Retirement Trust Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $70M 44.7548894873008% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,550 | $49M |
| 2023 | 1 | 1,672 | $60M |
| 2024 | 1 | 1,692 | $70M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
International Union of Operating Engineers Local 324 Retirement Trust Fund's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Trading Technologies 401(k) Plan in IL ($70M); by covered participants it is The Sharp Employees Savings and Investment Plan in NJ (1,692 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($70M here).
- Trading Technologies 401(k) Plan (IL) $70M · 231
- Southern Maryland Electric Cooperative, Inc. (MD) $70M · 313
- Amerivet Veterinary Partners 401(k) Plan (TX) $70M · 3,251
- R.H. White 401(k) Profit Sharing-Pw Plan (MA) $70M · 488
Similar participant headcount
Nearest other-state filings by covered participants (1,692 participants); asset peers above are excluded.
- The Sharp Employees Savings and Investment Plan (NJ) 1,692 · 0 off
- Opendoor Labs Inc. 401(k) Profit Sharing Plan (AZ) 1,692 · 0 off
- Community Health Association of Spokane 401(k) Plan (WA) 1,691 · 1 off
- Vista Family of Companies 401(k) Multiple Employer Plan and Profit-Sharing Plan (FL) 1,693 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.