Profit Sharing · DOL Form 5500 · 2024
Trustees of Midwest Operating Engineers Retirement Enhancement Fund Profit Sharing Plan
Data updated 2026-07-24
- $758M
- Total assets
- 16,506
- Participants
- 98th
- Percentile by assets
- $45,949
- Avg per participant
Official DOL plan name: Midwest Operating Engineers Retirement Enhancement · Sponsored by Trustees of Midwest Operating Engineers Retirement Enhancement Fund · Illinois · Construction
$758M in assets, 16,506 participants
Trustees of Midwest Operating Engineers Retirement Enhancement Fund's Midwest Operating Engineers Retirement Enhancement reported $758M in total assets and 16,506 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 116,472 plans)
Coverage in Illinois
Midwest Operating Engineers Retirement Enhancement covers 16,506 participants in Illinois, 21x the typical Illinois plan (state average ~768 per filing). Assets: $758M.
- $758M
- total plan assets (2024 EOY)
- 16,506
- covered participants
- 98th
- percentile by assets (of 116,472 plans)
- $45,949
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Midwest Operating Engineers Retirement Enhancement reported net income fell from $150M in the plan year 2023 filing to $121M in the plan year 2024 filing.
- Midwest Operating Engineers Retirement Enhancement end-of-year assets rose from $637M in the plan year 2023 filing to $758M in the plan year 2024 filing.
- Midwest Operating Engineers Retirement Enhancement reported participants rose from 16,067 in the plan year 2023 filing to 16,506 in the plan year 2024 filing.
Participants vs Illinois filers
In Illinois, the average filing covers about 768 participants across 5,440 plans. Midwest Operating Engineers Retirement Enhancement reports 16,506 participants - 21x that state average ($758M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $637M |
|---|---|
| Net Assets (End of Year) | $758M |
| Net Income | $121M |
| Employer EIN | 510669630 |
| Plan Effective Date | 2008-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Midwest Operating Engineers Retirement Enhancement Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 15,224 | $487M |
| 2023 | 1 | 16,067 | $637M |
| 2024 | 1 | 16,506 | $758M |
Nearby Profit Sharing Plans in Illinois
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Midwest Operating Engineers Retirement Enhancement vs. nearby Profit Sharing plans in Illinois, assets vs. participants
- W. W. Grainger, Inc. Retirement Savings Plan $3.8B · 18,584
- Mcmaster-Carr Supply Company Profit Sharing Trust $3.0B · 4,364
- Structural Iron Workers Local #1 Annuity Plan $444M · 3,530
- Sidley Austin LLP Retirement Plan for Partners $435M · 638
- Bricklayers and Stone Masons of Illinois DC No.1, B.a.C. Annuity Fund $288M · 5,117
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Midwest Operating Engineers Retirement Enhancement by total assets, not by location.
- St. Luke's Health System Performance Incentive and 401(a) Matching Plan (ID) $770M · 17,370
- The Retirement and Savings Plan for Amgen Manufacturing Limited LLC (PR) $780M · 2,608
- University of Maryland Medical System 403(b) Retirement Savings Plan (MD) $730M · 19,560
- Steamfitters Local Union No. 420 Srp (PA) $728M · 6,716
Frequently Asked Questions
How did Midwest Operating Engineers Retirement Enhancement assets move in 2024? ▼
How have Trustees of Midwest Operating Engineers Retirement Enhancement Fund plan assets changed over time? ▼
Where does Midwest Operating Engineers Retirement Enhancement rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Midwest Operating Engineers Retirement Enhancement? ▼
Next read for Midwest Operating Engineers Retirement E…
Filing takeaways
Ways to act on Midwest Operating Engineers Retirement Enhancement's numbers.
- By total assets, Midwest Operating Engineers Retirement Enhancement ranks in the top 5% 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
- Trustees of Midwest Operating Engineers Retirement Enhancement Fund's sponsor-wide assets have grown 55.8% 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 510669630.
Read our methodology - how this data is sourced, computed, and verified.