Money Purchase · DOL Form 5500 · 2024
Board of Trustees, Operating Engineers Local 12 Money Purchase Plan
Data updated 2026-08-11
- $518M
- Total assets
- 20,504
- Participants
- 97th
- Percentile by assets
- $25,268
- Avg per participant
Official DOL plan name: Operating Engineers Local 12 Defined Contribution Trust · Sponsored by Board of Trustees, Operating Engineers Local 12 · California · Construction
$518M in assets, 20,504 participants
Board of Trustees, Operating Engineers Local 12's Operating Engineers Local 12 Defined Contribution Trust reported $518M in total assets and 20,504 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 123,622 plans)
- #8,766 in Construction (9,039 peers)
Coverage in California
Operating Engineers Local 12 Defined Contribution Trust covers 20,504 participants in California, 33x the typical California plan (state average ~630 per filing). Assets: $518M.
- $518M
- total plan assets (2024 EOY)
- 20,504
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $25,268
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Operating Engineers Local 12 Defined Contribution Trust end-of-year assets rose from $376M in the plan year 2023 filing to $518M in the plan year 2024 filing.
- Operating Engineers Local 12 Defined Contribution Trust reported net income rose from $122M in the plan year 2023 filing to $142M in the plan year 2024 filing.
- Operating Engineers Local 12 Defined Contribution Trust reported participants rose from 19,566 in the plan year 2023 filing to 20,504 in the plan year 2024 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Operating Engineers Local 12 Defined Contribution Trust reports 20,504 participants - 33x that state average ($518M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $376M |
|---|---|
| Net Assets (End of Year) | $518M |
| Net Income | $142M |
| Employer EIN | 830984282 |
| Plan Effective Date | 2018-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Operating Engineers Local 12)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 17,948 | $253M |
| 2023 | 1 | 19,566 | $376M |
| 2024 | 1 | 20,504 | $518M |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Operating Engineers Local 12 Defined Contribution Trust vs. nearby Money Purchase plans in California, assets vs. participants
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.9B · 18,550
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.7B · 37,013
- University of Southern California Defined Contribution Retirement Plan $5.0B · 19,806
- Carpenters Annuity Trust Fund for Northern California $3.5B · 24,741
- Directors Guild of America - Producer Pension Plan Supplemental Benefit Plan $2.3B · 23,032
Scale composition for Operating Engineers Local 12 Defined Contribution Trust
Operating Engineers Local 12 Defined Contribution Trust reports $518M in end-of-year assets across 20,504 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.022% of 93,925,755 covered participants) - about $25,268 per participant (18% of the national average assets-per-participant) . Net income for plan year 2024 was $142M.
This plan identity (EIN 830984282, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $253M to $518M (+104.6%) while covered participants moved from 17,948 to 20,504 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 17,948 | $253M | Open filing |
| 2023 | 19,566 | $376M | Open filing |
| 2024 · index core | 20,504 | $518M | This page |
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Operating Engineers Local 12 Defined Contribution Trust by total assets, not by location.
- Money Purchase Pension Plan of Wake Forest University Health Sciences (NC) $522M · 1,997
- Telephone and Data Systems, Inc. Pension Plan (WI) $509M · 5,326
- Painters and Allied Trades District Council No.35 Annuity Fund (MA) $527M · 3,027
- Michigan Regional Council of Carpenters' Annuity Fund (MI) $531M · 17,855
Frequently Asked Questions
How did Operating Engineers Local 12 Defined Contribution Trust assets move in 2024? ▼
How have Board of Trustees, Operating Engineers Local 12 plan assets changed over time? ▼
Where does Operating Engineers Local 12 Defined Contribution Trust rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Operating Engineers Local 12 Defined Contribution Trust? ▼
Next read for Operating Engineers Local 12 Defined Con…
Filing takeaways
Ways to act on Operating Engineers Local 12 Defined Contribution Trust's numbers.
- By total assets, Operating Engineers Local 12 Defined Contribution Trust ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
- Board of Trustees, Operating Engineers Local 12's sponsor-wide assets have grown 104.6% since 2022 across 3 plan years on file. More Construction plans