Money Purchase · DOL Form 5500 · 2024
Board of Trustees - Operating Engineers Local No. 147 Annuity Money Purchase Plan
Data updated 2026-08-06
- $65M
- Total assets
- 2,421
- Participants
- 87th
- Percentile by assets
- $26,732
- Avg per participant
Official DOL plan name: Operating Engineers Local No. 147 Annuity Fund · Sponsored by Board of Trustees - Operating Engineers Local No. 147 Annuity · Virginia · Construction
$65M in assets, 2,421 participants
Board of Trustees - Operating Engineers Local No. 147 Annuity's Operating Engineers Local No. 147 Annuity Fund reported $65M in total assets and 2,421 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.
- 87th percentile by assets (of 116,472 plans)
- #7,184 in Construction (8,304 peers)
Coverage in Virginia
Operating Engineers Local No. 147 Annuity Fund covers 2,421 participants in Virginia, 3.1x the typical Virginia plan (state average ~781 per filing). Assets: $65M.
- $65M
- total plan assets (2024 EOY)
- 2,421
- covered participants
- 87th
- percentile by assets (of 116,472 plans)
- $26,732
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Operating Engineers Local No. 147 Annuity Fund reported participants rose from 707 in the plan year 2023 filing to 2,421 in the plan year 2024 filing.
- Operating Engineers Local No. 147 Annuity Fund end-of-year assets rose from $56M in the plan year 2023 filing to $65M in the plan year 2024 filing.
- Operating Engineers Local No. 147 Annuity Fund reported net income fell from $9M in the plan year 2023 filing to $9M in the plan year 2024 filing.
Participants vs Virginia filers
In Virginia, the average filing covers about 781 participants across 3,490 plans. Operating Engineers Local No. 147 Annuity Fund reports 2,421 participants - 3.1x that state average ($65M EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $56M |
|---|---|
| Net Assets (End of Year) | $65M |
| Net Income | $9M |
| Employer EIN | 660598785 |
| Plan Effective Date | 2001-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees - Operating Engineers Local No. 147 Annuity)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 978 | $47M |
| 2023 | 1 | 707 | $56M |
| 2024 | 1 | 2,421 | $65M |
Nearby Money Purchase Plans in Virginia
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Operating Engineers Local No. 147 Annuity Fund vs. nearby Money Purchase plans in Virginia, assets vs. participants
- The Mitre Corporation Qualified Retirement Plan $2.8B · 12,228
- The George Washington University Retirement Plan for Faculty and Staff $1.4B · 3,862
- Noblis, Inc. Qualified Retirement Plan $246M · 2,434
- Mid-Atlantic States District Council Participating Locals Annuity Fund $149M · 6,604
- American College of Radiology Employees' Pension Plan and Trust $108M · 560
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Operating Engineers Local No. 147 Annuity Fund by total assets, not by location.
- The Cleveland Glass & Glazing Industry Defined Contribution Plan (OH) $65M · 1,256
- United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund (NJ) $64M · 1,175
- West Virginia University Medical Corp. Charleston Division Retirement Plan (WV) $65M · 157
- National Democratic Institute for International Affairs Money Purchase Pension Plan (DC) $64M · 309
Frequently Asked Questions
How did Operating Engineers Local No. 147 Annuity Fund assets move in 2024? ▼
How have Board of Trustees - Operating Engineers Local No. 147 Annuity plan assets changed over time? ▼
Where does Operating Engineers Local No. 147 Annuity Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Operating Engineers Local No. 147 Annuity Fund? ▼
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Filing takeaways
Ways to act on Operating Engineers Local No. 147 Annuity Fund's numbers.
- By total assets, Operating Engineers Local No. 147 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Virginia. Compare plans
- Board of Trustees - Operating Engineers Local No. 147 Annuity's sponsor-wide assets have grown 37.9% since 2022 across 3 plan years on file. More Construction plans