Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Cement Masons' Pension Fund Pension Plan

Data updated 2026-08-25

$444M
Total assets Above avg plan size
1,153
Participants Near avg headcount
98th
Percentile by assets National rank
$385,260
Avg per participant High balance/head
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Official DOL plan name: Pension Fund of Cement Masons Union Local No. 502 · Sponsored by Board of Trustees Cement Masons' Pension Fund · Illinois · Construction

$444M in assets, 1,153 participants

Board of Trustees Cement Masons' Pension Fund's Pension Fund of Cement Masons Union Local No. 502 reported $444M in total assets and 1,153 participants in its 2022 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.

  • #9,673 in Construction (9,927 peers)

Where Pension Fund of Cement Masons Union Local No. 502 sits by assets

Pension Fund of Cement Masons Union Local No. 502 sits in the top 5% of all filed plans by assets, $444M for 1,153 participants (~$385,260/participant), down 11.6% in 2022.

#9,673
in Construction (9,927 peers)
-11.6%
assets change YoY
4.5×
vs typical plan assets (national mean)

The plan reported a net loss of $58M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Fund of Cement Masons Union Local No. 502's outsized position by total assets

Pension Fund of Cement Masons Union Local No. 502 vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$444,204,217 Top 2% higher than 98% of 139,123 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 2022

Pension Fund of Cement Masons Union Local No. 502's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Fund of Cement Masons Union Local No. 502 lands in the large band (1,153 participants).

EBSA filing schedule strip

Filing strip 516034597 · Board of Trustees Cement Masons' Pension Fund PY 2022 · Defined Benefit (Pension)

Pension Fund of Cement Masons Union Local No. 502 · $444M · 1,153 · 98th

  • NET $444M
  • NET 1,153
  • NET 98th
  • NET Defined Benefit (Pension)
  • NET near Consolidated Retirement Plan
  • NET ind #9673

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 →

Pension Fund of Cement Masons Union Local No. 502 in the asset neighbourhood

Crown Equipment Corporation Retirement PlanCrown Equipment Corporation …$447MCrh Americas Pension Plan$446MItg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework EmployeesItg Brands, LLC Retirement A…$445MConsolidated Retirement Plan$445MPension Fund of Cement Masons Union Local No. 502Pension Fund of Cement Mason…$444M
End-of-year total assets ($M) among Pension Fund of Cement Masons Union Local No. 502 and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$502M
Net Assets (End of Year)$444M
Net Income-$58M
Employer EIN516034597
Plan Effective Date1956-08-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Cement Masons' Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Cement Masons' Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$541M 21.778047865763508% vs 2022
2024 filing year
$400M$450M$500M$550M$600M 202220232024 $444M $541M ▲ +21.8%
Year Plans Participants Total Assets
2022 1 1,153 $444M
2023 1 1,207 $495M
2024 1 1,243 $541M

Nearby Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Pension Fund of Cement Masons Union Local No. 502 vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Pension Fund of Cement Masons Union Local No. 502, Total assets ($B): 0.444204217 · Participants: 1153Pension Fund of Cement Masons Union Local No. 502Central States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 42.629770802 · Participants: 50096Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 32.129102809 · Participants: 49052State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.958716532 · Participants: 20170United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.304502684 · Participants: 0John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 6.770339506 · Participants: 16809Abbott Laboratories Annuity Retirement Plan
Pension Fund of Cement Masons Union Local No. 502 vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Pension Fund of Cement Masons Union Local No. 502's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Consolidated Retirement Plan in NY ($445M); by covered participants it is Kaiser Permanente Physicians and Employees Retirement Plan in CA (1,153 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,153 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Pension Fund of Cement Masons Union Local No. 502 assets move in 2022?
Pension Fund of Cement Masons Union Local No. 502 pulled back noticeably - down 11.6% during 2022, from $502M to $444M. Reported net income was -$58M.
How have Board of Trustees Cement Masons' Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Cement Masons' Pension Fund's sponsor-wide assets grew 21.8%, from $444M to $541M.
Where does Pension Fund of Cement Masons Union Local No. 502 rank by assets among Form 5500 filers?
Pension Fund of Cement Masons Union Local No. 502 ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Fund of Cement Masons Union Local No. 502?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Consolidated Retirement Plan in NY ($445M, 1,037 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Fund of Cement Masons Union Local No. 502?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Kaiser Permanente Physicians and Employees Retirement Plan in CA (1,153 participants, $339M in assets).