Money Purchase · DOL Form 5500 · 2022

Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu Money Purchase Plan

Data updated 2026-08-11

$37M
Total assets
2,011
Participants
85th
Percentile by assets
$18,503
Avg per participant
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Official DOL plan name: Cement Masons' Local 502 and Plasterers' Area 5 an · Sponsored by Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu · Illinois · Construction

$37M in assets, 2,011 participants

Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu's Cement Masons' Local 502 and Plasterers' Area 5 an reported $37M in total assets and 2,011 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • 85th percentile by assets (of 139,126 plans)
  • #8,324 in Construction (9,927 peers)

Coverage in Illinois

Cement Masons' Local 502 and Plasterers' Area 5 an covers 2,011 participants in Illinois, 2.6x the typical Illinois plan (state average ~779 per filing). Assets: $37M.

$37M
total plan assets (2022 EOY)
2,011
covered participants
85th
percentile by assets (of 139,126 plans)
$18,503
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Cement Masons' Local 502 and Plasterers' Area 5 an reports 2,011 participants - 2.6x that state average ($37M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$37M
Net Income-$4M
Employer EIN364280579
Plan Effective Date1999-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu)

$30M$40M$50M$60M$70M 202220232024 $37.2M $60.5M ▲ +62.5%
Total plan assets by year, all Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu plans on file
Year Plans Participants Total Assets
2022 1 2,011 $37M
2023 1 2,127 $48M
2024 1 2,237 $60M

Nearby Money Purchase Plans in Illinois

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Cement Masons' Local 502 and Plasterers' Area 5 an vs. nearby Money Purchase plans in Illinois, assets vs. participants

Cement Masons' Local 502 and Plasterers' Area 5 an vs. nearby Money Purchase plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0100020003000 0200400600800 Total assets ($M) Participants Cement Masons' Local…Retirement Plan for …NECA-IBEW Local 176 …NECA-IBEW Local 364 …Smart Local 265 Supp…International Associ…
Cement Masons' Local 502 and Plasterers' Area 5 an vs. nearby Money Purchase plans in Illinois, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Cement Masons' Local 502 and Plasterers' Area 5 an by total assets, not by location.

Frequently Asked Questions

How did Cement Masons' Local 502 and Plasterers' Area 5 an assets move in 2022?
Cement Masons' Local 502 and Plasterers' Area 5 an pulled back noticeably - down 10.0% during 2022, from $41M to $37M. Reported net income was -$4M.
How have Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu's sponsor-wide assets grew 62.5%, from $37M to $60M.
Where does Cement Masons' Local 502 and Plasterers' Area 5 an rank by assets among Form 5500 filers?
Cement Masons' Local 502 and Plasterers' Area 5 an ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Cement Masons' Local 502 and Plasterers' Area 5 an?
Among Money Purchase plans in other states, the closest by assets is Money Accumulation Pension Plan for Employees of Circles of Care, Inc. in FL ($37M, 340 participants).

Next read for Cement Masons' Local 502 and Plasterers'…

Filing takeaways

Ways to act on Cement Masons' Local 502 and Plasterers' Area 5 an's numbers.

  • By total assets, Cement Masons' Local 502 and Plasterers' Area 5 an 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 Illinois. Compare plans
  • Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu's sponsor-wide assets have grown 62.5% since 2022 across 3 plan years on file. More Construction plans