Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees Cement Masons' Pension Fund Pension Plan
Data updated 2026-08-25
- $541M
- Total assets Above avg plan size
- 1,243
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $435,192
- Avg per participant High balance/head
Official DOL plan name: Pension Fund of Cement Masons Union Local No. 502 · Sponsored by Board of Trustees Cement Masons' Pension Fund · Illinois · Construction
$541M in assets, 1,243 participants
Board of Trustees Cement Masons' Pension Fund's Pension Fund of Cement Masons Union Local No. 502 reported $541M in total assets and 1,243 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- #8,778 in Construction (9,039 peers)
Where Pension Fund of Cement Masons Union Local No. 502 sits by assets
Pension Fund of Cement Masons Union Local No. 502 sits in the top 5% of all filed plans by assets, $541M for 1,243 participants (~$435,192/participant), up 9.2% in 2024.
- #8,778
- in Construction (9,039 peers)
- +9.2%
- assets growth YoY
- 5.4×
- vs typical plan assets (national mean)
Pension Fund of Cement Masons Union Local No. 502's outsized position by total assets
Pension Fund of Cement Masons Union Local No. 502 vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$540,943,224 Top 3% higher than 97% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Pension Fund of Cement Masons Union Local No. 502's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Fund of Cement Masons Union Local No. 502 lands in the large band (1,243 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Pension Fund of Cement Masons Union Local No. 502 reported net income fell from $51M in the plan year 2023 filing to $46M in the plan year 2024 filing.
- Pension Fund of Cement Masons Union Local No. 502 end-of-year assets rose from $495M in the plan year 2023 filing to $541M in the plan year 2024 filing.
- Pension Fund of Cement Masons Union Local No. 502 reported participants rose from 1,207 in the plan year 2023 filing to 1,243 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 516034597 · Board of Trustees Cement Masons' Pension Fund PY 2024 · Defined Benefit (Pension)
Pension Fund of Cement Masons Union Local No. 502 · $541M · 1,243 · 97th
- RANK $541M
- RANK 1,243
- RANK 97th
- RANK Defined Benefit (Pension)
- RANK near Local 351 IBEW Pension Plan
- RANK ind #8778
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 Illinois →
Pension Fund of Cement Masons Union Local No. 502 in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $495M |
|---|---|
| Net Assets (End of Year) | $540M |
| Net Income | $46M |
| Employer EIN | 516034597 |
| Plan Effective Date | 1956-08-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Cement Masons' Pension Fund)
Sponsor-wide plan assets over time
All Board of Trustees Cement Masons' Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $541M 21.778047865763508% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,153 | $444M |
| 2023 | 1 | 1,207 | $495M |
| 2024 | 1 | 1,243 | $541M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
- State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
- GE Healthcare Pension Plan $13.7B · 5,554
- Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.2B · 20,984
Pension Fund of Cement Masons Union Local No. 502's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Local 351 IBEW Pension Plan in NJ ($542M); by covered participants it is Ball Pension Plan in CO (1,243 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($541M here).
- Local 351 IBEW Pension Plan (NJ) $542M · 1,603
- Arconic Corp. Pension Plan a (PA) $539M · 439
- Riverside Health System Retirement Income Plan (VA) $539M · 1,780
- Tenth Amended & Restated Owens-Illinois Hourly Retirement Plan (OH) $544M · 2,122
Similar participant headcount
Nearest other-state filings by covered participants (1,243 participants); asset peers above are excluded.
- Ball Pension Plan (CO) 1,243 · 0 off
- Pcs U.S. Employees' Pension Plan (CO) 1,243 · 0 off
- California Water Service Company Pension Plan (CA) 1,242 · 1 off
- Pension Plan of Independence Blue Cross (PA) 1,245 · 2 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.