Money Purchase · DOL Form 5500 · 2023

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

Data updated 2026-08-11

$48M
Total assets: 2,127
Participants: 85th
Percentile by assets: $22,764
Avg per participant

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

$48M in assets, 2,127 participants

Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu's Cement Masons' Local 502 and Plasterers' Area 5 an reported $48M in total assets and 2,127 participants in its 2023 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 127,072 plans)
#7,507 in Construction (9,030 peers)

Coverage in Illinois

Cement Masons' Local 502 and Plasterers' Area 5 an covers 2,127 participants in Illinois, 2.7x the typical Illinois plan (state average ~779 per filing). Assets: $48M.

$48M
total plan assets (2023 EOY): 2,127
covered participants: 85th
percentile by assets (of 127,072 plans): $22,764
avg assets per participant

Where Cement Masons' Local 502 and Plasterers' Area 5 an sits by total assets

Cement Masons' Local 502 and Plasterers' Area 5 an vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$48,418,594 Top 15% higher than 85% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Cement Masons' Local 502 and Plasterers' Area 5 an reported net income rose from -$4M in the plan year 2022 filing to $11M in the plan year 2023 filing.
Cement Masons' Local 502 and Plasterers' Area 5 an end-of-year assets rose from $37M in the plan year 2022 filing to $48M in the plan year 2023 filing.
Cement Masons' Local 502 and Plasterers' Area 5 an reported participants rose from 2,011 in the plan year 2022 filing to 2,127 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Construction

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 2,127 participants - 2.7x that state average ($48M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$37M
Net Assets (End of Year)	$48M
Net Income	$11M
Employer EIN	364280579
Plan Effective Date	1999-06-01
Filing Status	FILING RECEIVED

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

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

Retirement Plan for Employees of Fermi Research Alliance, LLC $751M · 1,685
NECA-IBEW Local 176 Pension Trust Fund $678M · 2,263
NECA-IBEW Local 364 Defined Contribution Plan $468M · 763
International Association of Heat and Frost Insulators Local 17 Annuity Fund $194M · 1,187
Sheet Metal Workers Local 219 Retirement Savings Fund $184M · 907

Compare Cement Masons' Local 502 and Plasterers'… side-by-side with 3 peers →

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.

Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan (PA) $48M · 384
Mid-South Regional Council Local 318 Money (TN) $48M · 554
Dialysis Clinic, Inc. Retirement Plan (TN) $49M · 989
National Hockey League Pension Plan for United States Off Ice Employees (NY) $49M · 218

Frequently Asked Questions

How did Cement Masons' Local 502 and Plasterers' Area 5 an assets move in 2023? ▼

Cement Masons' Local 502 and Plasterers' Area 5 an surged - up 30.1% during 2023, from $37M to $48M. Reported net income was $11M.

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 127,072 plans that reported assets for plan year 2023 (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 Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan in PA ($48M, 384 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 364280579.