Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees Cement Masons' Pension Fund Pension Plan
Data updated 2026-08-25
- $495M
- Total assets Above avg plan size
- 1,207
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $410,425
- Avg per participant High balance/head
Official DOL plan name: Pension Fund of Cement Masons Union Local No. 502 · Sponsored by Board of Trustees Cement Masons' Pension Fund · Illinois · Construction
$495M in assets, 1,207 participants
Board of Trustees Cement Masons' Pension Fund's Pension Fund of Cement Masons Union Local No. 502 reported $495M in total assets and 1,207 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- #8,770 in Construction (9,030 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, $495M for 1,207 participants (~$410,425/participant), up 11.5% in 2023.
- #8,770
- in Construction (9,030 peers)
- +11.5%
- assets growth YoY
- 5.0×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$495,382,677 Top 3% higher than 97% 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
Pension Fund of Cement Masons Union Local No. 502's large-plan peer group by participant headcount
Plan-year 2023 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 (1,207 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Pension Fund of Cement Masons Union Local No. 502 reported net income rose from -$58M in the plan year 2022 filing to $51M in the plan year 2023 filing.
- Pension Fund of Cement Masons Union Local No. 502 end-of-year assets rose from $444M in the plan year 2022 filing to $495M in the plan year 2023 filing.
- Pension Fund of Cement Masons Union Local No. 502 reported participants rose from 1,153 in the plan year 2022 filing to 1,207 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 516034597 · Board of Trustees Cement Masons' Pension Fund PY 2023 · Defined Benefit (Pension)
Pension Fund of Cement Masons Union Local No. 502 · $495M · 1,207 · 97th
- VS-ST $495M
- VS-ST 1,207
- VS-ST 97th
- VS-ST Defined Benefit (Pension)
- VS-ST near Huntsman Defined Benefit Pension Plan
- VS-ST ind #8770
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
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $444M |
|---|---|
| Net Assets (End of Year) | $494M |
| Net Income | $51M |
| Employer EIN | 516034597 |
| Plan Effective Date | 1956-08-30 |
| Filing Status | FILING 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
| 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.
- Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
- State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
- John Deere Pension Plan for Salaried Employees $8.0B · 16,346
- Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382
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 Huntsman Defined Benefit Pension Plan in TX ($495M); by covered participants it is California Water Service Company Pension Plan in CA (1,207 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($495M here).
- Huntsman Defined Benefit Pension Plan (TX) $495M · 599
- Norton Rose Fulbright US LLP Pension Plan (TX) $495M · 275
- American Air Liquide Holdings, Inc. Retirement Plan (TX) $495M · 679
- 32bj North Pension Fund (NY) $497M · 5,698
Similar participant headcount
Nearest other-state filings by covered participants (1,207 participants); asset peers above are excluded.
- California Water Service Company Pension Plan (CA) 1,207 · 0 off
- Coca-Cola Bottling Company United, Inc. Retirement Plan (AL) 1,208 · 1 off
- Central Ohio Ufcw Unions and Retail Employers Pension Plan (OH) 1,208 · 1 off
- Employee Retirement Plan of S&p Global Inc and Its Subsidiaries (NY) 1,209 · 2 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.