Money Purchase · DOL Form 5500 · 2024

Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu Money Purchase Plan

Data updated 2026-08-11

$60M
Total assets: 2,237
Participants: 86th
Percentile by assets: $27,022
Avg per participant

Official DOL plan name: Cement Masons' Local 502 and Plasterers' Area 5 an · Sponsored by Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu · Illinois · Construction

$60M in assets, 2,237 participants

Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu's Cement Masons' Local 502 and Plasterers' Area 5 an reported $60M in total assets and 2,237 participants in its 2024 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.

86th percentile by assets (of 123,622 plans)
#7,616 in Construction (9,039 peers)

Coverage in Illinois

Cement Masons' Local 502 and Plasterers' Area 5 an covers 2,237 participants in Illinois, 2.9x the typical Illinois plan (state average ~779 per filing). Assets: $60M.

$60M
total plan assets (2024 EOY): 2,237
covered participants: 86th
percentile by assets (of 123,622 plans): $27,022
avg assets per participant

Cement Masons' Local 502 and Plasterers' Area 5 an end-of-year assets rose from $48M in the plan year 2023 filing to $60M in the plan year 2024 filing.
Cement Masons' Local 502 and Plasterers' Area 5 an reported net income rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.
Cement Masons' Local 502 and Plasterers' Area 5 an reported participants rose from 2,127 in the plan year 2023 filing to 2,237 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Illinois

Industry

Construction

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Cement Masons' Local 502 and Plasterers' Area 5 an reports 2,237 participants - 2.9x that state average ($60M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$48M
Net Assets (End of Year)	$60M
Net Income	$12M
Employer EIN	364280579
Plan Effective Date	1999-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu)

Total plan assets by year, all Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu plans on file

Year	Plans	Participants	Total Assets
2022	1	2,011	$37M
2023	1	2,127	$48M
2024	1	2,237	$60M

Nearby Money Purchase Plans in Illinois

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Cement Masons' Local 502 and Plasterers' Area 5 an vs. nearby Money Purchase plans in Illinois, assets vs. participants

Retirement Plan for Employees of Fermi Research Alliance, LLC $796M · 1,782
NECA-IBEW Local 176 Pension Trust Fund $725M · 2,204
NECA-IBEW Local 364 Defined Contribution Plan $489M · 944
International Association of Heat and Frost Insulators Local 17 Annuity Fund $216M · 1,188
Sheet Metal Workers Local 219 Retirement Savings Fund $210M · 936

Compare Cement Masons' Local 502 and Plasterers'… side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Cement Masons' Local 502 and Plasterers' Area 5 an by total assets, not by location.

Qlarant Money Purchase Pension Plan (MD) $60M · 487
Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust (OH) $61M · 423
Indiana Members Credit Union Pension Plan (IN) $61M · 410
Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust (MI) $61M · 292

Frequently Asked Questions

How did Cement Masons' Local 502 and Plasterers' Area 5 an assets move in 2024? ▼

Cement Masons' Local 502 and Plasterers' Area 5 an grew sharply - up 24.8% during 2024, from $48M to $60M. Reported net income was $12M.

How have Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu's sponsor-wide assets grew 62.5%, from $37M to $60M.

Where does Cement Masons' Local 502 and Plasterers' Area 5 an rank by assets among Form 5500 filers? ▼

Cement Masons' Local 502 and Plasterers' Area 5 an ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which Money Purchase plans are similar in size to Cement Masons' Local 502 and Plasterers' Area 5 an? ▼

Among Money Purchase plans in other states, the closest by assets is Qlarant Money Purchase Pension Plan in MD ($60M, 487 participants).

Next read for Cement Masons' Local 502 and Plasterers'…

Filing takeaways

Ways to act on Cement Masons' Local 502 and Plasterers' Area 5 an's numbers.

By total assets, Cement Masons' Local 502 and Plasterers' Area 5 an ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Money Purchase plans in Illinois. Compare plans
Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu's sponsor-wide assets have grown 62.5% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 364280579.