Profit Sharing · DOL Form 5500 · 2024

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

Data updated 2026-08-25

$123M
Total assets Near avg plan size
1,225
Participants Near avg headcount
92nd
Percentile by assets National rank
$100,525
Avg per participant Below avg balance/head
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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.

  • #8,162 in Construction (9,039 peers)

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.

#8,162
in Construction (9,039 peers)
+8.5%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Operating Engineers Local 649 Annuity Trust Fund's outsized position by total assets

Operating Engineers Local 649 Annuity Trust Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$123,142,815 Top 8% higher than 92% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Operating Engineers Local 649 Annuity 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. Operating Engineers Local 649 Annuity Trust Fund lands in the large band (1,225 participants).

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 →

Published 5500 schedule card

Filing strip 371291915 · Board of Trustees Operating Engineers Local 649 Annuity Trust Fund PY 2024 · Profit Sharing

Operating Engineers Local 649 Annuity Trust Fund · $123M · 1,225 · 92nd

  • PCT $123M
  • EIN 1,225
  • RANK 92nd
  • PHOTO Profit Sharing
  • IND near Thompson Health 403(b) Plan
  • EOY ind #8162

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 Illinois →

Operating Engineers Local 649 Annuity Trust Fund in the asset neighbourhood

Houston Hospitals, Inc. Participatory Retirement PlanHouston Hospitals, Inc. Part…$124MBrooks Rehabilitation 403(b) Retirement PlanBrooks Rehabilitation 403(b)…$123MOperating Engineers Local 649 Annuity Trust FundOperating Engineers Local 64…$123MThompson Health 403(b) Plan$123MKipp DC Retirement Plan$123M
End-of-year total assets ($M) among Operating Engineers Local 649 Annuity Trust Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All Board of Trustees Operating Engineers Local 649 Annuity Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$123M 18.86692563053365% vs 2022
2024 filing year
$100M$110M$120M$130M 202220232024 $104M $123M ▲ +18.9%
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 Scatter plot of 6 data points. 0100002000030000 -101234 Total assets ($B) Participants Operating Engineers Local 649 Annuity Trust Fund, Total assets ($B): 0.123142815 · Participants: 1225Operating Engineers Local 649 Annuity Trust FundW. W. Grainger, Inc. Retirement Savings Plan, Total assets ($B): 3.778311009 · Participants: 18584W. W. Grainger, Inc. Retirement Savings PlanElectrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5, Total assets ($B): 3.469243854 · Participants: 24278Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5Mcmaster-Carr Supply Company Profit Sharing Trust, Total assets ($B): 3.008828322 · Participants: 4364Mcmaster-Carr Supply Company Profit Sharing TrustMid-America Carpenters Regional Council Supplemental Retirement Plan, Total assets ($B): 2.023030159 · Participants: 15593Mid-America Carpenters Regional Council Supplemental Retirement PlanCarle Foundation Hospital and Affiliates Matching Tsa Plan, Total assets ($B): 1.368713933 · Participants: 16059Carle Foundation Hospital and Affiliates Matching Tsa Plan
Operating Engineers Local 649 Annuity Trust Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Operating Engineers Local 649 Annuity Trust Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Illinois, the nearest Profit Sharing by assets is Thompson Health 403(b) Plan in NY ($123M); by covered participants it is Brown Physicians, Inc. 401(a) Plan in RI (1,225 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($123M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,225 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 123,622 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).
Which Profit Sharing plans cover a similar participant headcount to Operating Engineers Local 649 Annuity Trust Fund?
Among Profit Sharing plans in other states, the closest by covered participants is Brown Physicians, Inc. 401(a) Plan in RI (1,225 participants, $326M in assets).