Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of the Midwest Operating Engineers Pension Trust Fund Pension Plan

Data updated 2026-08-25

$6.0B
Total assets Very large vs avg
13,118
Participants Very large workforce
100th
Percentile by assets National rank
$457,123
Avg per participant High balance/head
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Official DOL plan name: Midwest Operating Engineers Pension Trust Fund · Sponsored by Trustees of the Midwest Operating Engineers Pension Trust Fund · Illinois · Construction

$6.0B in assets, 13,118 participants

Trustees of the Midwest Operating Engineers Pension Trust Fund's Midwest Operating Engineers Pension Trust Fund reported $6.0B in total assets and 13,118 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.

  • #9,027 in Construction (9,039 peers)

Coverage in Illinois

Midwest Operating Engineers Pension Trust Fund covers 13,118 participants in Illinois, 17x the typical Illinois plan (state average ~779 per filing). Assets: $6.0B.

#9,027
in Construction (9,039 peers)
+3.3%
assets growth YoY
60×
vs typical plan assets (national mean)

Midwest Operating Engineers Pension Trust Fund's outsized position by total assets

Midwest Operating Engineers Pension Trust Fund vs every filed plan by assets

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

$5,996,541,989 Highest reported value at or above every one 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

Midwest Operating Engineers Pension Trust Fund's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midwest Operating Engineers Pension Trust Fund is a mega filing (13,118 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Midwest Operating Engineers Pension Trust Fund reported net income fell from $437M in the plan year 2023 filing to $166M in the plan year 2024 filing.
  • Midwest Operating Engineers Pension Trust Fund end-of-year assets rose from $5.8B in the plan year 2023 filing to $6.0B in the plan year 2024 filing.
  • Midwest Operating Engineers Pension Trust Fund reported participants rose from 12,949 in the plan year 2023 filing to 13,118 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 366140097 · Trustees of the Midwest Operating Engineers Pension Trust Fund PY 2024 · Defined Benefit (Pension)

Midwest Operating Engineers Pension Trust Fund · $6.0B · 13,118 · 100th

  • BOY $6.0B
  • BOY 13,118
  • BOY 100th
  • BOY Defined Benefit (Pension)
  • BOY near Massachusetts Institute of Technology Basic Retirement Plan
  • BOY ind #9027

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 →

Midwest Operating Engineers Pension Trust Fund in the asset neighbourhood

Sutter Health Retirement Plan$6.2BMidwest Operating Engineers Pension Trust FundMidwest Operating Engineers …$6.0BMassachusetts Institute of Technology Basic Retirement PlanMassachusetts Institute of T…$5.9BMotion Picture Industry Pension PlanMotion Picture Industry Pens…$5.9BNew York State Nurses Association Pension PlanNew York State Nurses Associ…$5.9B
End-of-year total assets ($B) among Midwest Operating Engineers Pension Trust Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$5.8B
Net Assets (End of Year)$5.8B
Net Income$166M
Employer EIN366140097
Plan Effective Date1963-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the Midwest Operating Engineers Pension Trust Fund)

Sponsor-wide plan assets over time

All Trustees of the Midwest Operating Engineers Pension Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$6.0B 11.249833263473942% vs 2022
2024 filing year
$5.2B$5.4B$5.6B$5.8B$6B$6.2B 202220232024 $5.39B $6B ▲ +11.3%
Year Plans Participants Total Assets
2022 1 12,568 $5.4B
2023 1 12,949 $5.8B
2024 1 13,118 $6.0B

Nearby Defined Benefit (Pension) Plans in Illinois

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

Midwest Operating Engineers Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 0102030405060 Total assets ($B) Participants Midwest Operating Engineers Pension Trust Fund, Total assets ($B): 5.996541989 · Participants: 13118Midwest Operating Engineers Pension Trust FundCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 48.22071058 · Participants: 36799Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance Companies Retirement Plan for United States EmployeesGE Healthcare Pension Plan, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pension PlanAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories Annuity Retirement PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commercial Workers Intl Union - Industry Pension Fund
Midwest Operating Engineers Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Scale composition for Midwest Operating Engineers Pension Trust Fund

Midwest Operating Engineers Pension Trust Fund reports $6.0B in end-of-year assets across 13,118 participants (0.049% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $457,123 per participant (3.3x the national average assets-per-participant) . Net income for plan year 2024 was $166M.

This plan identity (EIN 366140097, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.4B to $6.0B (+11.2%) while covered participants moved from 12,568 to 13,118 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,568 $5.4B Open filing
2023 12,949 $5.8B Open filing
2024 · index core 13,118 $6.0B This page

Midwest Operating Engineers Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Massachusetts Institute of Technology Basic Retirement Plan in MA ($5.9B); by covered participants it is Operating Engineers Pension Trust in CA (13,192 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (13,118 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 Midwest Operating Engineers Pension Trust Fund assets move in 2024?
Midwest Operating Engineers Pension Trust Fund edged up modestly - up 3.3% during 2024, from $5.8B to $6.0B. Reported net income was $166M.
How have Trustees of the Midwest Operating Engineers Pension Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of the Midwest Operating Engineers Pension Trust Fund's sponsor-wide assets grew 11.2%, from $5.4B to $6.0B.
Where does Midwest Operating Engineers Pension Trust Fund rank by assets among Form 5500 filers?
Midwest Operating Engineers Pension Trust Fund ranks in the 100th percentile by end-of-year assets among 123,622 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 Midwest Operating Engineers Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Massachusetts Institute of Technology Basic Retirement Plan in MA ($5.9B, 12,533 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Midwest Operating Engineers Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Operating Engineers Pension Trust in CA (13,192 participants, $3.8B in assets).