Profit Sharing · DOL Form 5500 · 2023

Joint Board of Trustees of the Illinois Operative Plasterers & Cement Profit Sharing Plan

Data updated 2026-08-11

$32M
Total assets
1,114
Participants
80th
Percentile by assets
$28,322
Avg per participant
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Official DOL plan name: Illinois Operative Plasterers & Cement Masons Annuity Fund · Sponsored by Joint Board of Trustees of the Illinois Operative Plasterers & Cement · Illinois · Construction

$32M in assets, 1,114 participants

Joint Board of Trustees of the Illinois Operative Plasterers & Cement's Illinois Operative Plasterers & Cement Masons Annuity Fund reported $32M in total assets and 1,114 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • 80th percentile by assets (of 127,072 plans)
  • #7,070 in Construction (9,030 peers)

Where Illinois Operative Plasterers & Cement Masons Annuity Fund sits by assets

Illinois Operative Plasterers & Cement Masons Annuity Fund sits in the top quartile of all filed plans by assets, $32M for 1,114 participants (~$28,322/participant), up 15.3% in 2023.

$32M
total plan assets (2023 EOY)
1,114
covered participants
80th
percentile by assets (of 127,072 plans)
$28,322
avg assets per participant

Where Illinois Operative Plasterers & Cement Masons Annuity Fund sits by total assets

Illinois Operative Plasterers & Cement Masons Annuity Fund vs every filed plan by assets

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

$31,550,359 Top 20% higher than 80% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Illinois Operative Plasterers & Cement Masons Annuity Fund reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Illinois Operative Plasterers & Cement Masons Annuity Fund end-of-year assets rose from $27M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • Illinois Operative Plasterers & Cement Masons Annuity Fund reported participants rose from 986 in the plan year 2022 filing to 1,114 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Illinois Operative Plasterers & Cement Masons Annuity Fund vs the 2023 asset distribution

By assets, Illinois Operative Plasterers & Cement Masons Annuity Fund outranks 80% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$32M
Net Income$4M
Employer EIN371358640
Plan Effective Date1996-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees of the Illinois Operative Plasterers & Cement)

$25M$30M$35M$40M 202220232024 $27.4M $35.9M ▲ +31.1%
Total plan assets by year, all Joint Board of Trustees of the Illinois Operative Plasterers & Cement plans on file
Year Plans Participants Total Assets
2022 1 986 $27M
2023 1 1,114 $32M
2024 1 1,251 $36M

Nearby Profit Sharing Plans in Illinois

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

Illinois Operative Plasterers & Cement Masons Annuity Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Illinois Operative Plasterers & Cement Masons Annuity Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 -101234 Total assets ($B) Participants Illinois Operative P…W. W. Grainger, Inc.…Electrical Contracto…Mcmaster-Carr Supply…Mid-America Carpente…Carle Foundation Hos…
Illinois Operative Plasterers & Cement Masons Annuity Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Illinois Operative Plasterers & Cement Masons Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Illinois Operative Plasterers & Cement Masons Annuity Fund assets move in 2023?
Illinois Operative Plasterers & Cement Masons Annuity Fund grew sharply - up 15.3% during 2023, from $27M to $32M. Reported net income was $4M.
How have Joint Board of Trustees of the Illinois Operative Plasterers & Cement plan assets changed over time?
Across 3 plan years on file (2022-2024), Joint Board of Trustees of the Illinois Operative Plasterers & Cement's sponsor-wide assets grew 31.1%, from $27M to $36M.
Where does Illinois Operative Plasterers & Cement Masons Annuity Fund rank by assets among Form 5500 filers?
Illinois Operative Plasterers & Cement Masons Annuity Fund ranks in the 80th 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 Profit Sharing plans are similar in size to Illinois Operative Plasterers & Cement Masons Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is Peterson Manufacturing Company Profit Sharing Plan in MO ($32M, 346 participants).

Next read for Illinois Operative Plasterers & Cement M…

Scale reading

Ways to act on Illinois Operative Plasterers & Cement Masons Annuity Fund's numbers.

  • By total assets, Illinois Operative Plasterers & Cement Masons Annuity Fund 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 Illinois. Compare plans
  • Joint Board of Trustees of the Illinois Operative Plasterers & Cement's sponsor-wide assets have grown 31.1% since 2022 across 3 plan years on file. More Construction plans