Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Minnesota Cement Masons Pension Fund Pension Plan

Data updated 2026-08-25

$268M
Total assets Near avg plan size
795
Participants Near avg headcount
96th
Percentile by assets National rank
$336,685
Avg per participant High balance/head
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Official DOL plan name: Minnesota Cement Masons Pension Fund · Sponsored by Trustees of Minnesota Cement Masons Pension Fund · Minnesota · Construction

$268M in assets, 795 participants

Trustees of Minnesota Cement Masons Pension Fund's Minnesota Cement Masons Pension Fund reported $268M in total assets and 795 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,577 in Construction (9,030 peers)

Where Minnesota Cement Masons Pension Fund sits by assets

Minnesota Cement Masons Pension Fund sits in the top 5% of all filed plans by assets, $268M for 795 participants (~$336,685/participant), up 10.1% in 2023.

#8,577
in Construction (9,030 peers)
+10.1%
assets growth YoY
2.7×
vs typical plan assets (national mean)

Minnesota Cement Masons Pension Fund's outsized position by total assets

Minnesota Cement Masons Pension Fund vs every filed plan by assets

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

$267,664,728 Top 4% higher than 96% of 127,068 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 2023

Minnesota Cement Masons Pension Fund among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Minnesota Cement Masons Pension Fund sits mid-pack in the medium band (795 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Minnesota Cement Masons Pension Fund reported net income rose from -$35M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Minnesota Cement Masons Pension Fund end-of-year assets rose from $243M in the plan year 2022 filing to $268M in the plan year 2023 filing.
  • Minnesota Cement Masons Pension Fund reported participants rose from 759 in the plan year 2022 filing to 795 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 516096906 · Trustees of Minnesota Cement Masons Pension Fund PY 2023 · Defined Benefit (Pension)

Minnesota Cement Masons Pension Fund · $268M · 795 · 96th

  • ASSETS $268M
  • ASSETS 795
  • ASSETS 96th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Whx Pension Plan II
  • ASSETS ind #8577

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 Minnesota →

Minnesota Cement Masons Pension Fund in the asset neighbourhood

Maryland Electrical Industry Pension PlanMaryland Electrical Industry…$268MPlumbers and Pipefitters Local Union No 333 Pension FundPlumbers and Pipefitters Loc…$268MMinnesota Cement Masons Pension FundMinnesota Cement Masons Pens…$268MWhx Pension Plan II$268MMadison Gas and Electric Company Retirement PlanMadison Gas and Electric Com…$267M
End-of-year total assets ($M) among Minnesota Cement Masons Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$243M
Net Assets (End of Year)$264M
Net Income$24M
Employer EIN516096906
Plan Effective Date1966-11-08
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Minnesota Cement Masons Pension Fund)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$286M 17.545100145830396% vs 2022
2024 filing year
$220M$240M$260M$280M$300M 202220232024 $243M $286M ▲ +17.5%
Year Plans Participants Total Assets
2022 1 759 $243M
2023 1 795 $268M
2024 1 802 $286M

Nearby Defined Benefit (Pension) Plans in Minnesota

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

Minnesota Cement Masons Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Minnesota Cement Masons Pension Fund, Total assets ($B): 0.267664728 · Participants: 795Minnesota Cement Masons Pension Fund3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
Minnesota Cement Masons Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Minnesota Cement Masons Pension Fund side-by-side with 3 peers →

Minnesota Cement Masons Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Whx Pension Plan II in NY ($268M); by covered participants it is Aerojet Rocketdyne (Gencorp) Consolidated Pension Plan in CA (795 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($268M here).

Similar participant headcount

Nearest other-state filings by covered participants (795 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Minnesota Cement Masons Pension Fund assets move in 2023? ▼
Minnesota Cement Masons Pension Fund grew at a solid clip - up 10.1% during 2023, from $243M to $268M. Reported net income was $24M.
How have Trustees of Minnesota Cement Masons Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Minnesota Cement Masons Pension Fund's sponsor-wide assets grew 17.5%, from $243M to $286M.
Where does Minnesota Cement Masons Pension Fund rank by assets among Form 5500 filers? ▼
Minnesota Cement Masons Pension Fund ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Minnesota Cement Masons Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Whx Pension Plan II in NY ($268M, 76 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Minnesota Cement Masons Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Aerojet Rocketdyne (Gencorp) Consolidated Pension Plan in CA (795 participants, N/A in assets).

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 516096906.

Read our methodology - how this data is sourced, computed, and verified.

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