Profit Sharing · DOL Form 5500 · 2024

Trustees of Midwest Operating Engineers Retirement Enhancement Fund Profit Sharing Plan

Data updated 2026-08-25

$758M
Total assets Above avg plan size
16,506
Participants Very large workforce
98th
Percentile by assets National rank
$45,949
Avg per participant Low balance/head
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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.

  • #8,862 in Construction (9,039 peers)

Coverage in Illinois

Midwest Operating Engineers Retirement Enhancement covers 16,506 participants in Illinois, 21x the typical Illinois plan (state average ~779 per filing). Assets: $758M.

#8,862
in Construction (9,039 peers)
+19.0%
assets growth YoY
7.6×
vs typical plan assets (national mean)

Midwest Operating Engineers Retirement Enhancement's outsized position by total assets

Midwest Operating Engineers Retirement Enhancement vs every filed plan by assets

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

$758,436,039 Top 2% higher than 98% 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 Retirement Enhancement'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 Retirement Enhancement is a mega filing (16,506 participants), the rightmost band on the breakdown.

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.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 510669630 · Trustees of Midwest Operating Engineers Retirement Enhancement Fund PY 2024 · Profit Sharing

Midwest Operating Engineers Retirement Enhancement · $758M · 16,506 · 98th

  • IND $758M
  • IND 16,506
  • IND 98th
  • IND Profit Sharing
  • IND near St. Luke's Health System Performance Incentive and 401(a) Matching Plan
  • IND ind #8862

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 Retirement Enhancement in the asset neighbourhood

Morgan, Lewis & Bockius LLP Defined Contribution PlanMorgan, Lewis & Bockius LLP …$781MThe Retirement and Savings Plan for Amgen Manufacturing Limited LLCThe Retirement and Savings P…$780MSt. Luke's Health System Performance Incentive and 401(a) Matching PlanSt. Luke's Health System Per…$770MMidwest Operating Engineers Retirement EnhancementMidwest Operating Engineers …$758MUniversity of Maryland Medical System 403(b) Retirement Savings PlanUniversity of Maryland Medic…$730M
End-of-year total assets ($M) among Midwest Operating Engineers Retirement Enhancement and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$637M
Net Assets (End of Year)$758M
Net Income$121M
Employer EIN510669630
Plan Effective Date2008-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Midwest Operating Engineers Retirement Enhancement Fund)

Sponsor-wide plan assets over time

All Trustees of Midwest Operating Engineers Retirement Enhancement Fund plans reported in each filing year

Latest sponsor-wide plan assets
$758M 55.78122308773092% vs 2022
2024 filing year
$400M$500M$600M$700M$800M 202220232024 $487M $758M ▲ +55.8%
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 Scatter plot of 6 data points. 050001000015000200002500030000 01234 Total assets ($B) Participants Midwest Operating Engineers Retirement Enhancement, Total assets ($B): 0.758436039 · Participants: 16506Midwest Operating Engineers Retirement EnhancementW. 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
Midwest Operating Engineers Retirement Enhancement vs. nearby Profit Sharing plans in Illinois, assets vs. participants
Compare Midwest Operating Engineers Retirement Enhancement side-by-side with 3 peers →

Scale composition for Midwest Operating Engineers Retirement Enhancement

Midwest Operating Engineers Retirement Enhancement reports $758M in end-of-year assets across 16,506 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.018% of 93,925,755 covered participants) - about $45,949 per participant (33% of the national average assets-per-participant) . Net income for plan year 2024 was $121M.

This plan identity (EIN 510669630, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $487M to $758M (+55.8%) while covered participants moved from 15,224 to 16,506 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 15,224 $487M Open filing
2023 16,067 $637M Open filing
2024 · index core 16,506 $758M This page

Midwest Operating Engineers Retirement Enhancement's out-of-state Profit Sharing peers by assets and headcount

Outside Illinois, the nearest Profit Sharing by assets is St. Luke's Health System Performance Incentive and 401(a) Matching Plan in ID ($770M); by covered participants it is Maximus Gsa Retirement Plan in VA (16,482 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (16,506 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 Retirement Enhancement assets move in 2024? ▼
Midwest Operating Engineers Retirement Enhancement grew sharply - up 19.0% during 2024, from $637M to $758M. Reported net income was $121M.
How have Trustees of Midwest Operating Engineers Retirement Enhancement Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Midwest Operating Engineers Retirement Enhancement Fund's sponsor-wide assets grew 55.8%, from $487M to $758M.
Where does Midwest Operating Engineers Retirement Enhancement rank by assets among Form 5500 filers? ▼
Midwest Operating Engineers Retirement Enhancement ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Midwest Operating Engineers Retirement Enhancement? ▼
Among Profit Sharing plans in other states, the closest by assets is St. Luke's Health System Performance Incentive and 401(a) Matching Plan in ID ($770M, 17,370 participants).
Which Profit Sharing plans cover a similar participant headcount to Midwest Operating Engineers Retirement Enhancement? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Maximus Gsa Retirement Plan in VA (16,482 participants, $22M in assets).

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.

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