Pension Fund

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Operating Engineers Pension Trust Fund of Washington D.C. & Vicinity

The Operating Engineers Pension Trust Fund of Washington D.C. & Vicinity provides defined-benefit retirement security for members of the International Union of...

Operating Engineers Pension Trust Fund of Washington D.C. & Vicinity logo

Operating Engineers Pension Trust Fund of Washington D.C. & Vicinity

The Operating Engineers Pension Trust Fund of Washington D.C. & Vicinity provides defined-benefit retirement security for members of the International Union of Operating Engineers (IUOE) Local 77, which represents crane, bulldozer, and other heavy-equipment operators across the District of Columbia, Maryland, and Northern Virginia. Plan Sponsor John Knowles and Plan Administrator and Trustee Joshua Van Dyke oversee the fund from its headquarters in Suitland, Maryland. The pension fund is part of a broader constellation of jointly administered plans for the same local union membership, including a health and welfare fund, an individual account (annuity/defined-contribution) plan, and a joint apprenticeship and training trust. The portfolio extends geographically beyond its mid-Atlantic member base, holding a multi-family and residential debt portfolio with exposures in both the United States and Asia-Pacific. The fund does not publicly disclose direct holdings, but its strategy classification points to commitments via external private equity and private credit managers rather than internally managed direct investments. The pension trust operates as part of an integrated benefits delivery system alongside its sister plans. The Operating Engineers Local 77 Health and Welfare Fund, the Local 77 Individual Account Plan, and the Local 77 Joint Apprenticeship and Training and Skill Improvement Trust Fund share administrative oversight, creating a centralized governance structure for the local's entire retirement and benefits apparatus. The structural differentiator of this fund lies in its aggressive tilt toward private markets for a mid-sized regional Taft-Hartley plan. Where many similarly situated union pension funds anchor portfolios in public equities and fixed income, the Operating Engineers Pension Trust of D.C.

General information

Firm type

Pension Fund

Year founded

1953

Location

Region

North America

Country

United States

City

Suitland

Corporate office

Suitland, MD, United States

Principals

John Knowles

Plan Sponsor

Joshua Van Dyke

Plan Administrator and Trustee

Sector focus

Real EstatePrivate Credit

Frequently asked questions

How is this pension fund related to Local 77 and its other benefit plans?

This is the defined-benefit pension plan for members of IUOE Local 77, which covers heavy-equipment operators in the District of Columbia, Maryland, and Northern Virginia. It operates alongside three sister funds administered by the same board: a health and welfare fund, an individual account plan (a defined-contribution annuity plan), and a joint apprenticeship and training trust. Together these four plans constitute the full benefits package negotiated through Local 77's collective bargaining agreements with signatory contractors.

Is this pension fund subject to ERISA and multiemployer plan regulations?

Yes. As a multiemployer Taft-Hartley defined-benefit pension plan, the fund is governed by the Employee Retirement Income Security Act of 1974 (ERISA) and is subject to oversight by the U.S. Department of Labor and the Pension Benefit Guaranty Corporation. Its board of trustees, evenly divided between union and employer representatives, bears fiduciary responsibility for all investment and administrative decisions.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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