Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of Minnesota Cement Masons Pension Fund Pension Plan

Data updated 2026-07-24

$286M
Total assets: 802
Participants: 96th
Percentile by assets: $356,370
Avg per participant

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.

96th percentile by assets (of 116,472 plans)

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.

$286M
total plan assets (2024 EOY): 802
covered participants: 96th
percentile by assets (of 116,472 plans): $356,370
avg assets per participant

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 →

State

Minnesota

Industry

Construction

Minnesota Cement Masons Pension Fund vs the 2024 asset distribution

By assets, Minnesota Cement Masons Pension Fund outranks 96% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.9x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$268M
Net Assets (End of Year)	$285M
Net Income	$21M
Employer EIN	516096906
Plan Effective Date	1966-11-08
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Trustees of Minnesota Cement Masons Pension Fund plans on file

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

Mayo Pension Plan $11.8B · 71,743
3M Employee Retirement Income Plan $8.9B · 9,132
Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
U.S. Bank Pension Plan $4.4B · 62,822
The Travelers Pension Plan $4.2B · 27,237

Compare Minnesota Cement Masons Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Minnesota Cement Masons Pension Fund by total assets, not by location.

IBEW Local No. 86 Pension Fund (NY) $285M · 693
Local No. 41 IBEW Pension Plan (NY) $285M · 628
Retirement Plan for Pilots of Hawaiian Airlines, Inc. (HI) $285M · 143
Mueller Group, LLC Pension Plan for Selected Employees (GA) $285M · 371

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 116,472 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).

Next read for Minnesota Cement Masons Pension Fund

Scale reading

Ways to act on Minnesota Cement Masons Pension Fund's numbers.

By total assets, Minnesota Cement Masons Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
Trustees of Minnesota Cement Masons Pension Fund's sponsor-wide assets have grown 17.5% 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 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.