Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of Minnesota Cement Masons Pension Fund Pension Plan

Data updated 2026-08-25

$286M
Total assets Near avg plan size
802
Participants Near avg headcount
96th
Percentile by assets National rank
$356,370
Avg per participant High balance/head
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Official DOL plan name: Minnesota Cement Masons Pension Fund · Sponsored by Trustees of Minnesota Cement Masons Pension Fund · Minnesota · Construction

$286M in assets, 802 participants

Trustees of Minnesota Cement Masons Pension Fund's Minnesota Cement Masons Pension Fund reported $286M in total assets and 802 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,590 in Construction (9,039 peers)

Where Minnesota Cement Masons Pension Fund sits by assets

Minnesota Cement Masons Pension Fund sits in the top 5% of all filed plans by assets, $286M for 802 participants (~$356,370/participant), up 6.8% in 2024.

#8,590
in Construction (9,039 peers)
+6.8%
assets growth YoY
2.9×
vs typical plan assets (national mean)

Minnesota Cement Masons Pension Fund's outsized position by total assets

Minnesota Cement Masons Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$285,808,814 Top 4% higher than 96% of 123,620 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 2024

Minnesota Cement Masons Pension Fund among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Minnesota Cement Masons Pension Fund sits mid-pack in the medium band (802 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Minnesota Cement Masons Pension Fund reported net income fell from $24M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • Minnesota Cement Masons Pension Fund end-of-year assets rose from $268M in the plan year 2023 filing to $286M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 516096906 · Trustees of Minnesota Cement Masons Pension Fund PY 2024 · Defined Benefit (Pension)

Minnesota Cement Masons Pension Fund · $286M · 802 · 96th

  • PART $286M
  • TYPE 802
  • NET 96th
  • BOOK Defined Benefit (Pension)
  • VS-ST near IBEW Local No. 86 Pension Fund
  • BOY ind #8590

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 Minnesota →

Minnesota Cement Masons Pension Fund in the asset neighbourhood

Ua Local 190 Pension Plan$286MMinnesota Cement Masons Pension FundMinnesota Cement Masons Pens…$286MIBEW Local No. 86 Pension FundIBEW Local No. 86 Pension Fu…$285MLocal No. 41 IBEW Pension PlanLocal No. 41 IBEW Pension Pl…$285MRetirement Plan for Pilots of Hawaiian Airlines, Inc.Retirement Plan for Pilots o…$285M
End-of-year total assets ($M) among Minnesota Cement Masons Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$268M
Net Assets (End of Year)$285M
Net Income$21M
Employer EIN516096906
Plan Effective Date1966-11-08
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Minnesota Cement Masons Pension Fund)

Sponsor-wide plan assets over time

All Trustees of Minnesota Cement Masons Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$286M 17.545100145830396% vs 2022
2024 filing year
$220M$240M$260M$280M$300M 202220232024 $243M $286M ▲ +17.5%
Year Plans Participants Total Assets
2022 1 759 $243M
2023 1 795 $268M
2024 1 802 $286M

Nearby Defined Benefit (Pension) Plans in Minnesota

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

Minnesota Cement Masons Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Minnesota Cement Masons Pension Fund, Total assets ($B): 0.285808814 · Participants: 802Minnesota Cement Masons Pension FundMayo Pension Plan, Total assets ($B): 11.816211651 · Participants: 71743Mayo Pension Plan3M Employee Retirement Income Plan, Total assets ($B): 8.87866493 · Participants: 91323M Employee Retirement Income PlanWells Fargo & Company Cash Balance Plan, Total assets ($B): 8.278776602 · Participants: 46875Wells Fargo & Company Cash Balance PlanU.S. Bank Pension Plan, Total assets ($B): 4.38225088 · Participants: 62822U.S. Bank Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.23694343 · Participants: 27237The Travelers Pension Plan
Minnesota Cement Masons Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Minnesota Cement Masons Pension Fund side-by-side with 3 peers →

Minnesota Cement Masons Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is IBEW Local No. 86 Pension Fund in NY ($285M); by covered participants it is Northwest Glass, Molders, Pottery, Plastics and Allied Workers Pension Plan in WA (802 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($286M here).

Similar participant headcount

Nearest other-state filings by covered participants (802 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Minnesota Cement Masons Pension Fund assets move in 2024? ▼
Minnesota Cement Masons Pension Fund grew at a solid clip - up 6.8% during 2024, from $268M to $286M. Reported net income was $21M.
How have Trustees of Minnesota Cement Masons Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Minnesota Cement Masons Pension Fund's sponsor-wide assets grew 17.5%, from $243M to $286M.
Where does Minnesota Cement Masons Pension Fund rank by assets among Form 5500 filers? ▼
Minnesota Cement Masons Pension Fund ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Minnesota Cement Masons Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is IBEW Local No. 86 Pension Fund in NY ($285M, 693 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Minnesota Cement Masons Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Northwest Glass, Molders, Pottery, Plastics and Allied Workers Pension Plan in WA (802 participants, $88M in assets).

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 516096906.

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.