Profit Sharing · DOL Form 5500 · 2023

Operative Plasterers&cement Masons Local 29 Annuity Fund Profit Sharing Plan

Data updated 2026-08-11

$22M
Total assets
441
Participants
74th
Percentile by assets
$49,601
Avg per participant
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Official DOL plan name: Operative Plasterers and Cement Masons Local 29 Annuity Plan · Sponsored by Operative Plasterers&cement Masons Local 29 Annuity Fund · New Jersey · Construction

$22M in assets, 441 participants

Operative Plasterers&cement Masons Local 29 Annuity Fund's Operative Plasterers and Cement Masons Local 29 Annuity Plan reported $22M in total assets and 441 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 127,072 plans)
  • #6,587 in Construction (9,030 peers)

What the 2023 filing shows

Operative Plasterers and Cement Masons Local 29 Annuity Plan holds $22M for 441 participants - about $49,601 per participant, above the median plan by assets.

$22M
total plan assets (2023 EOY)
441
covered participants
74th
percentile by assets (of 127,072 plans)
$49,601
avg assets per participant

Where Operative Plasterers and Cement Masons Local 29 Annuity Plan sits by total assets

Operative Plasterers and Cement Masons Local 29 Annuity Plan vs every filed plan by assets

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

$21,873,849 Top 26% higher than 74% 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

  • Operative Plasterers and Cement Masons Local 29 Annuity Plan reported net income rose from -$3M in the plan year 2022 filing to $669K in the plan year 2023 filing.
  • Operative Plasterers and Cement Masons Local 29 Annuity Plan reported participants rose from 409 in the plan year 2022 filing to 441 in the plan year 2023 filing.
  • Operative Plasterers and Cement Masons Local 29 Annuity Plan end-of-year assets rose from $21M in the plan year 2022 filing to $22M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Profit Sharing filing for Operative Plasterers and Cement Masons Local 29 Annuity Plan

Profit Sharing filing for plan year 2023: EIN 221507478 ; effective since 1984-06-15 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.

Filing particulars (2023)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$22M
Net Income$669K
Employer EIN221507478
Plan Effective Date1984-06-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Operative Plasterers&cement Masons Local 29 Annuity Fund)

$21M$22M$23M$24M 202220232024 $21.2M $23M ▲ +8.4%
Total plan assets by year, all Operative Plasterers&cement Masons Local 29 Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 409 $21M
2023 1 441 $22M
2024 1 458 $23M

Nearby Profit Sharing Plans in New Jersey

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

Operative Plasterers and Cement Masons Local 29 Annuity Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Operative Plasterers and Cement Masons Local 29 Annuity Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Operative Plasterers…Ernst & Young Partne…Operating Engineers …Heavy & General Labo…IBEW Local Union No …Kpmg Partner Retirem…
Operative Plasterers and Cement Masons Local 29 Annuity Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Operative Plasterers and Cement Masons Local 29 Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Operative Plasterers and Cement Masons Local 29 Annuity Plan assets move in 2023?
Operative Plasterers and Cement Masons Local 29 Annuity Plan edged up modestly - up 3.2% during 2023, from $21M to $22M. Reported net income was $669K.
How have Operative Plasterers&cement Masons Local 29 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Operative Plasterers&cement Masons Local 29 Annuity Fund's sponsor-wide assets grew 8.5%, from $21M to $23M.
Which Profit Sharing plans are similar in size to Operative Plasterers and Cement Masons Local 29 Annuity Plan?
Among Profit Sharing plans in other states, the closest by assets is Concern for Mental Health, Inc. Retirement Plan in NY ($22M, 358 participants).

Next read for Operative Plasterers and Cement Masons L…

Filing takeaways

Ways to act on Operative Plasterers and Cement Masons Local 29 Annuity Plan's numbers.

  • By total assets, Operative Plasterers and Cement Masons Local 29 Annuity Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
  • Operative Plasterers&cement Masons Local 29 Annuity Fund's sponsor-wide assets have grown 8.5% since 2022 across 3 plan years on file. More Construction plans