Money Purchase · DOL Form 5500 · 2024

Board of Trustees Bpcm Local 534 Deferred Income Fund Money Purchase Plan

Data updated 2026-08-11

$46M
Total assets: 271
Participants: 83rd
Percentile by assets: $168,552
Avg per participant

Official DOL plan name: Boston Plasterers & Cement Masons Local 534 Deferred Income Plan · Sponsored by Board of Trustees Bpcm Local 534 Deferred Income Fund · Massachusetts · Finance & Insurance

$46M in assets, 271 participants

Board of Trustees Bpcm Local 534 Deferred Income Fund's Boston Plasterers & Cement Masons Local 534 Deferred Income Plan reported $46M in total assets and 271 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

83rd percentile by assets (of 123,622 plans)
#6,311 in Finance & Insurance (8,549 peers)

Coverage in Massachusetts

Boston Plasterers & Cement Masons Local 534 Deferred Income Plan covers 271 participants in Massachusetts, about 41% of the average Massachusetts filer (state average ~659 per filing). Assets: $46M.

$46M
total plan assets (2024 EOY): 271
covered participants: 83rd
percentile by assets (of 123,622 plans): $168,552
avg assets per participant

Boston Plasterers & Cement Masons Local 534 Deferred Income Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
Boston Plasterers & Cement Masons Local 534 Deferred Income Plan reported participants fell from 299 in the plan year 2023 filing to 271 in the plan year 2024 filing.
Boston Plasterers & Cement Masons Local 534 Deferred Income Plan end-of-year assets rose from $45M in the plan year 2023 filing to $46M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Massachusetts

Industry

Finance & Insurance

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Boston Plasterers & Cement Masons Local 534 Deferred Income Plan reports 271 participants - about 41% of that state average ($46M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)	$45M
Net Assets (End of Year)	$45M
Net Income	$1M
Employer EIN	046544055
Plan Effective Date	1986-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Bpcm Local 534 Deferred Income Fund)

Total plan assets by year, all Board of Trustees Bpcm Local 534 Deferred Income Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	303	$43M
2023	1	299	$45M
2024	1	271	$46M

Nearby Money Purchase Plans in Massachusetts

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

Boston Plasterers & Cement Masons Local 534 Deferred Income Plan vs. nearby Money Purchase plans in Massachusetts, assets vs. participants

Retirement Income Plan for Teaching Faculty of Harvard University $2.4B · 2,774
Massachusetts Laborers' Annuity Fund $2.3B · 11,506
Harvard University Defined Contribution Retirement Plan $2.0B · 14,571
Electrical Workers Deferred Income Plan Local 103, I.B.E.W. $1.8B · 8,421
Tufts University Basic Retirement Plan $1.0B · 5,769

Compare Boston Plasterers & Cement Masons Local … side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Boston Plasterers & Cement Masons Local 534 Deferred Income Plan by total assets, not by location.

Local 553 Deferred Compensation Fund (NY) $46M · 337
Insulators Local 45 Defined Contribution Pension Fund (MI) $46M · 582
Norton Sound Health Corporation Money Purchase Pension Plan & Trust (AK) $45M · 550
Gtcr Retirement Plan (IL) $45M · 60

Frequently Asked Questions

How did Boston Plasterers & Cement Masons Local 534 Deferred Income Plan assets move in 2024? ▼

Boston Plasterers & Cement Masons Local 534 Deferred Income Plan edged up modestly - up 1.6% during 2024, from $45M to $46M. Reported net income was $1M.

How have Board of Trustees Bpcm Local 534 Deferred Income Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Bpcm Local 534 Deferred Income Fund's sponsor-wide assets grew 6.7%, from $43M to $46M.

Where does Boston Plasterers & Cement Masons Local 534 Deferred Income Plan rank by assets among Form 5500 filers? ▼

Boston Plasterers & Cement Masons Local 534 Deferred Income Plan ranks in the 83rd 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 Boston Plasterers & Cement Masons Local 534 Deferred Income Plan? ▼

Among Money Purchase plans in other states, the closest by assets is Local 553 Deferred Compensation Fund in NY ($46M, 337 participants).

Next read for Boston Plasterers & Cement Masons Local …

Filing takeaways

Ways to act on Boston Plasterers & Cement Masons Local 534 Deferred Income Plan's numbers.

By total assets, Boston Plasterers & Cement Masons Local 534 Deferred Income Plan 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 Massachusetts. Compare plans
Board of Trustees Bpcm Local 534 Deferred Income Fund's sponsor-wide assets have grown 6.7% since 2022 across 3 plan years on file. More Finance & Insurance 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 046544055.