Defined Benefit (Pension) · DOL Form 5500 · 2023
Bot-Boston Plasterers&cement Mason Union Local 534 Pension Fund Pension Plan
Data updated 2026-08-25
- $51M
- Total assets Below avg plan size
- 245
- Participants Below avg headcount
- 86th
- Percentile by assets National rank
- $207,042
- Avg per participant Above avg balance/head
Official DOL plan name: Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund · Sponsored by Bot-Boston Plasterers&cement Mason Union Local 534 Pension Fund · Massachusetts · Construction
$51M in assets, 245 participants
Bot-Boston Plasterers&cement Mason Union Local 534 Pension Fund's Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund reported $51M in total assets and 245 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.
- #7,548 in Construction (9,030 peers)
Coverage in Massachusetts
Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund covers 245 participants in Massachusetts, about 37% of the average Massachusetts filer (state average ~659 per filing). Assets: $51M.
- #7,548
- in Construction (9,030 peers)
- +16.3%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund's outsized position by total assets
Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$50,725,239 Top 14% higher than 86% 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
Boston Plasterers' & Cement Masons' Union Local 534 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. Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund sits mid-pack in the medium band (245 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund reported net income rose from $1M in the plan year 2022 filing to $7M in the plan year 2023 filing.
- Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund end-of-year assets rose from $44M in the plan year 2022 filing to $51M in the plan year 2023 filing.
- Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund reported participants fell from 253 in the plan year 2022 filing to 245 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 046127786 · Bot-Boston Plasterers&cement Mason Union Local 534 Pension Fund PY 2023 · Defined Benefit (Pension)
Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund · $51M · 245 · 86th
- NET $51M
- BOOK 245
- VS-ST 86th
- BOY Defined Benefit (Pension)
- SCH near L3harris Pension Plan for Employees in the Electronic Systems/Integrated Electronic Warfare Systems Bargaining Unit
- EBSA ind #7548
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 Massachusetts →
Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund in the asset neighbourhood
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $44M |
|---|---|
| Net Assets (End of Year) | $51M |
| Net Income | $7M |
| Employer EIN | 046127786 |
| Plan Effective Date | 1962-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bot-Boston Plasterers&cement Mason Union Local 534 Pension Fund)
Sponsor-wide plan assets over time
All Bot-Boston Plasterers&cement Mason Union Local 534 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $55M 26.87295969266612% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 253 | $44M |
| 2023 | 1 | 245 | $51M |
| 2024 | 1 | 232 | $55M |
Nearby Defined Benefit (Pension) Plans in Massachusetts
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $10.3B · 58,745
- New England Teamsters Pension Fund $9.1B · 21,786
- Liberty Mutual Retirement Benefit Plan $6.9B · 37,145
- Massachusetts Institute of Technology Basic Retirement Plan $5.4B · 11,888
- N. Atlantic States Carp. Pension Fund $5.0B · 17,166
Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is L3harris Pension Plan for Employees in the Electronic Systems/Integrated Electronic Warfare Systems Bargaining Unit in FL ($51M); by covered participants it is Plumbers and Pipefitters Local Union 553 Pension Plan in IL (245 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($51M here).
- L3harris Pension Plan for Employees in the Electronic Systems/Integrated Electronic Warfare Systems Bargaining Unit (FL) $51M · 337
- Brown-Forman Corporation Hourly Employees Retirement Plan (KY) $51M · 471
- Tarkett Retirement Plan (OH) $51M · 222
- Campus USA Credit Union Retirement Plan (FL) $51M · 308
Similar participant headcount
Nearest other-state filings by covered participants (245 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.