Profit Sharing · DOL Form 5500 · 2022

Operative Plasterers&cement Masons Local 29 Annuity Fund Profit Sharing Plan

Data updated 2026-08-11

$21M
Total assets
409
Participants
78th
Percentile by assets
$51,846
Avg per participant
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Official DOL plan name: Operative Plasterers and Cement Masons Local 29 Annuity Plan · Sponsored by Operative Plasterers&cement Masons Local 29 Annuity Fund · New Jersey · Construction

$21M in assets, 409 participants

Operative Plasterers&cement Masons Local 29 Annuity Fund's Operative Plasterers and Cement Masons Local 29 Annuity Plan reported $21M in total assets and 409 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • 78th percentile by assets (of 139,126 plans)
  • #7,686 in Construction (9,927 peers)

Coverage in New Jersey

Operative Plasterers and Cement Masons Local 29 Annuity Plan covers 409 participants in New Jersey, about 48% of the average New Jersey filer (state average ~844 per filing). Assets: $21M.

$21M
total plan assets (2022 EOY)
409
covered participants
78th
percentile by assets (of 139,126 plans)
$51,846
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Operative Plasterers and Cement Masons Local 29 Annuity Plan reports 409 participants - about 48% of that state average ($21M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$21M
Net Income-$3M
Employer EIN221507478
Plan Effective Date1984-06-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Operative Plasterers&cement Masons Local 29 Annuity Fund)

$21M$22M$23M$24M 202220232024 $21.2M $23M ▲ +8.4%
Total plan assets by year, all Operative Plasterers&cement Masons Local 29 Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 409 $21M
2023 1 441 $22M
2024 1 458 $23M

Nearby Profit Sharing Plans in New Jersey

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Operative Plasterers and Cement Masons Local 29 Annuity Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Operative Plasterers and Cement Masons Local 29 Annuity Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Operative Plasterers…Ernst & Young Partne…Princeton University…Operating Engineers …Heavy & General Labo…IBEW Local Union No …
Operative Plasterers and Cement Masons Local 29 Annuity Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Operative Plasterers and Cement Masons Local 29 Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Operative Plasterers and Cement Masons Local 29 Annuity Plan assets move in 2022?
Operative Plasterers and Cement Masons Local 29 Annuity Plan pulled back noticeably - down 10.9% during 2022, from $24M to $21M. Reported net income was -$3M.
How have Operative Plasterers&cement Masons Local 29 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Operative Plasterers&cement Masons Local 29 Annuity Fund's sponsor-wide assets grew 8.5%, from $21M to $23M.
Where does Operative Plasterers and Cement Masons Local 29 Annuity Plan rank by assets among Form 5500 filers?
Operative Plasterers and Cement Masons Local 29 Annuity Plan ranks in the 78th 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 Profit Sharing plans are similar in size to Operative Plasterers and Cement Masons Local 29 Annuity Plan?
Among Profit Sharing plans in other states, the closest by assets is Christian Schools International 403(b) Retirement Savings Plan in MI ($21M, 1,141 participants).

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Filing takeaways

Ways to act on Operative Plasterers and Cement Masons Local 29 Annuity Plan's numbers.

  • By total assets, Operative Plasterers and Cement Masons Local 29 Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
  • Operative Plasterers&cement Masons Local 29 Annuity Fund's sponsor-wide assets have grown 8.5% since 2022 across 3 plan years on file. More Construction plans