Money Purchase
2022 plan-year Money Purchase DOL Form 5500

Boston Plasterers & Cement Masons Local 534 Deferred Income Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Board of Trustees Bpcm Local 534 Deferred Income Fund · Massachusetts · Finance & Insurance

What the 2023 filing shows

Boston Plasterers & Cement Masons Local 534 Deferred Income Plan holds $43M for 303 participants — about $141,257 per participant, down 0.5% over the 2022 plan year.

$43M
total plan assets (2022 EOY)
303
covered participants
$141,257
avg assets per participant
-0.5%
assets change YoY

The plan reported a net loss of $666K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$43M
Participants
303
Industry
Finance & Insurance

What the Filing Says About Boston Plasterers & Cement Masons Local 534 Deferred Income Plan

Boston Plasterers & Cement Masons Local 534 Deferred Income Plan is a Money Purchase retirement plan sponsored by Board of Trustees Bpcm Local 534 Deferred Income Fund, headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $43M in total end-of-year assets and covers 303 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 046544055, and the plan has been effective since 1986-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $43M at the beginning of 2022 to $43M at year-end — a decline of 0.5%. Net assets (after liabilities) closed the year at $42M, with reported net income of $-666,396 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$43M
Total Assets (End of Year)$43M
Net Assets (End of Year)$42M
Net Income$-666,396
Plan TypeMoney Purchase
Employer EIN046544055
Plan Effective Date1986-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Bpcm Local 534 Deferred Income Fund)

Year Plans Participants Total Assets
2022 1 303 $43M
2023 1 299 $45M
2024 1 271 $46M

Nearby Money Purchase Plans in Massachusetts

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Frequently Asked Questions

How much money is in the Boston Plasterers & Cement Masons Local 534 Deferred Income Plan?
As of the 2022 Form 5500 filing, Boston Plasterers & Cement Masons Local 534 Deferred Income Plan holds $43M in total assets with 303 participants. It is sponsored by Board of Trustees Bpcm Local 534 Deferred Income Fund.
What type of plan is Boston Plasterers & Cement Masons Local 534 Deferred Income Plan?
Boston Plasterers & Cement Masons Local 534 Deferred Income Plan is a Money Purchase plan. It has been effective since 1986-04-01. The plan is filed with the U.S. Department of Labor under EIN 046544055.
Who sponsors the Boston Plasterers & Cement Masons Local 534 Deferred Income Plan?
Boston Plasterers & Cement Masons Local 534 Deferred Income Plan is sponsored by Board of Trustees Bpcm Local 534 Deferred Income Fund, located in Massachusetts. The sponsor's EIN is 046544055 and the plan operates in the Finance & Insurance industry.
How did Boston Plasterers & Cement Masons Local 534 Deferred Income Plan perform in 2022?
Boston Plasterers & Cement Masons Local 534 Deferred Income Plan declined by 0.5% during 2022, moving from $43M to $43M in total assets. Net income was $-666,396.
Where can I find official filings for Boston Plasterers & Cement Masons Local 534 Deferred Income Plan?
Official Form 5500 filings for Boston Plasterers & Cement Masons Local 534 Deferred Income Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 046544055 or plan name at efast.dol.gov.
How does Boston Plasterers & Cement Masons Local 534 Deferred Income Plan compare to other plans?
You can compare Boston Plasterers & Cement Masons Local 534 Deferred Income Plan against other Money Purchase plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 046544055.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.