Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Operating Engineers Local 649 Annuity Trust Fund Profit Sharing Plan

Data updated 2026-07-24

$123M
Total assets
1,225
Participants
92nd
Percentile by assets
$100,525
Avg per participant
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Official DOL plan name: Operating Engineers Local 649 Annuity Trust Fund · Sponsored by Board of Trustees Operating Engineers Local 649 Annuity Trust Fund · Illinois · Construction

$123M in assets, 1,225 participants

Board of Trustees Operating Engineers Local 649 Annuity Trust Fund's Operating Engineers Local 649 Annuity Trust Fund reported $123M in total assets and 1,225 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 116,472 plans)

Where Operating Engineers Local 649 Annuity Trust Fund sits by assets

Operating Engineers Local 649 Annuity Trust Fund sits in the top 10% of all filed plans by assets, $123M for 1,225 participants (~$100,525/participant), up 8.5% in 2024.

$123M
total plan assets (2024 EOY)
1,225
covered participants
92nd
percentile by assets (of 116,472 plans)
$100,525
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Operating Engineers Local 649 Annuity Trust Fund end-of-year assets rose from $113M in the plan year 2023 filing to $123M in the plan year 2024 filing.
  • Operating Engineers Local 649 Annuity Trust Fund reported net income fell from $10M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Operating Engineers Local 649 Annuity Trust Fund reported participants rose from 1,214 in the plan year 2023 filing to 1,225 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Operating Engineers Local 649 Annuity Trust Fund vs the 2024 asset distribution

By assets, Operating Engineers Local 649 Annuity Trust Fund outranks 92% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.2x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$113M
Net Assets (End of Year)$123M
Net Income$10M
Employer EIN371291915
Plan Effective Date1990-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Operating Engineers Local 649 Annuity Trust Fund)

$100M$110M$120M$130M 202220232024 $104M $123M ▲ +18.9%
Total plan assets by year, all Board of Trustees Operating Engineers Local 649 Annuity Trust Fund plans on file
Year Plans Participants Total Assets
2022 1 1,150 $104M
2023 1 1,214 $113M
2024 1 1,225 $123M

Nearby Profit Sharing Plans in Illinois

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

Operating Engineers Local 649 Annuity Trust Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Operating Engineers Local 649 Annuity Trust Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -101234 Total assets ($B) Participants Operating Engineers …W. W. Grainger, Inc.…Mcmaster-Carr Supply…Midwest Operating En…Structural Iron Work…Sidley Austin LLP Re…
Operating Engineers Local 649 Annuity Trust Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Operating Engineers Local 649 Annuity Trust Fund by total assets, not by location.

Frequently Asked Questions

How did Operating Engineers Local 649 Annuity Trust Fund assets move in 2024?
Operating Engineers Local 649 Annuity Trust Fund grew at a solid clip - up 8.5% during 2024, from $113M to $123M. Reported net income was $10M.
How have Board of Trustees Operating Engineers Local 649 Annuity Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Operating Engineers Local 649 Annuity Trust Fund's sponsor-wide assets grew 18.9%, from $104M to $123M.
Where does Operating Engineers Local 649 Annuity Trust Fund rank by assets among Form 5500 filers?
Operating Engineers Local 649 Annuity Trust Fund ranks in the 92nd percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Operating Engineers Local 649 Annuity Trust Fund?
Among Profit Sharing plans in other states, the closest by assets is Thompson Health 403(b) Plan in NY ($123M, 2,021 participants).

Next read for Operating Engineers Local 649 Annuity Tr…

Scale reading

Ways to act on Operating Engineers Local 649 Annuity Trust Fund's numbers.

  • By total assets, Operating Engineers Local 649 Annuity Trust Fund ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Illinois. Compare plans
  • Board of Trustees Operating Engineers Local 649 Annuity Trust Fund's sponsor-wide assets have grown 18.9% 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 371291915.

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