Defined Benefit (Pension) · DOL Form 5500 · 2023

Plasterers & Cement Masons Local No. 109 Pension Plan Pension Plan

Data updated 2026-08-25

$122M
Total assets Near avg plan size
464
Participants Below avg headcount
92nd
Percentile by assets National rank
$262,598
Avg per participant High balance/head
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Official DOL plan name: Operative Plasterers and Cement Masons Local No. 109 Pension Plan · Sponsored by Plasterers & Cement Masons Local No. 109 Pension Plan · Michigan · Construction

$122M in assets, 464 participants

Plasterers & Cement Masons Local No. 109 Pension Plan's Operative Plasterers and Cement Masons Local No. 109 Pension Plan reported $122M in total assets and 464 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #8,214 in Construction (9,030 peers)

Where Operative Plasterers and Cement Masons Local No. 109 Pension Plan sits by assets

Operative Plasterers and Cement Masons Local No. 109 Pension Plan sits in the top 10% of all filed plans by assets, $122M for 464 participants (~$262,598/participant), up 5.1% in 2023.

#8,214
in Construction (9,030 peers)
+5.1%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Operative Plasterers and Cement Masons Local No. 109 Pension Plan's outsized position by total assets

Operative Plasterers and Cement Masons Local No. 109 Pension Plan vs every filed plan by assets

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

$121,845,356 Top 8% higher than 92% 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

Operative Plasterers and Cement Masons Local No. 109 Pension Plan 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. Operative Plasterers and Cement Masons Local No. 109 Pension Plan sits mid-pack in the medium band (464 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Operative Plasterers and Cement Masons Local No. 109 Pension Plan reported net income rose from -$5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Operative Plasterers and Cement Masons Local No. 109 Pension Plan end-of-year assets rose from $116M in the plan year 2022 filing to $122M in the plan year 2023 filing.
  • Operative Plasterers and Cement Masons Local No. 109 Pension Plan reported participants fell from 483 in the plan year 2022 filing to 464 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 346622619 · Plasterers & Cement Masons Local No. 109 Pension Plan PY 2023 · Defined Benefit (Pension)

Operative Plasterers and Cement Masons Local No. 109 Pension Plan · $122M · 464 · 92nd

  • EOY $122M
  • EOY 464
  • EOY 92nd
  • EOY Defined Benefit (Pension)
  • EOY near Education Minnesota Employees Pension Plan
  • EOY ind #8214

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 Michigan →

Operative Plasterers and Cement Masons Local No. 109 Pension Plan in the asset neighbourhood

Retirement Annuity Plan for Eees of Smeco, Inc.Retirement Annuity Plan for …$122MNtn Employees Pension Plan$122MEducation Minnesota Employees Pension PlanEducation Minnesota Employee…$122MOperative Plasterers and Cement Masons Local No. 109 Pension PlanOperative Plasterers and Cem…$122MPan-American Life Insurance Company Employees' Retirement Benefit PlanPan-American Life Insurance …$122M
End-of-year total assets ($M) among Operative Plasterers and Cement Masons Local No. 109 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$116M
Net Assets (End of Year)$122M
Net Income$6M
Employer EIN346622619
Plan Effective Date1965-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plasterers & Cement Masons Local No. 109 Pension Plan)

Sponsor-wide plan assets over time

All Plasterers & Cement Masons Local No. 109 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$127M 9.818029761131058% vs 2022
2024 filing year
$110M$115M$120M$125M$130M 202220232024 $116M $127M ▲ +9.8%
Year Plans Participants Total Assets
2022 1 483 $116M
2023 1 464 $122M
2024 1 455 $127M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Operative Plasterers and Cement Masons Local No. 109 Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Operative Plasterers and Cement Masons Local No. 109 Pension Plan, Total assets ($B): 0.121845356 · Participants: 464Operative Plasterers and Cement Masons Local No. 109 Pension PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Operative Plasterers and Cement Masons Local No. 109 Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Operative Plasterers and Cement Masons Local No. 109 Pension Plan side-by-side with 3 peers →

Operative Plasterers and Cement Masons Local No. 109 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Education Minnesota Employees Pension Plan in MN ($122M); by covered participants it is Cement Masons Local 526 Pension Plan in PA (464 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (464 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 Operative Plasterers and Cement Masons Local No. 109 Pension Plan assets move in 2023? ▼
Operative Plasterers and Cement Masons Local No. 109 Pension Plan grew at a solid clip - up 5.1% during 2023, from $116M to $122M. Reported net income was $6M.
How have Plasterers & Cement Masons Local No. 109 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Plasterers & Cement Masons Local No. 109 Pension Plan's sponsor-wide assets grew 9.8%, from $116M to $127M.
Where does Operative Plasterers and Cement Masons Local No. 109 Pension Plan rank by assets among Form 5500 filers? ▼
Operative Plasterers and Cement Masons Local No. 109 Pension Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Operative Plasterers and Cement Masons Local No. 109 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Education Minnesota Employees Pension Plan in MN ($122M, 156 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Operative Plasterers and Cement Masons Local No. 109 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Cement Masons Local 526 Pension Plan in PA (464 participants, $70M 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 346622619.

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.