Defined Benefit (Pension) · DOL Form 5500 · 2024

Bot-Boston Plasterers&cement Mason Union Local 534 Pension Fund Pension Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size: 232
Participants Below avg headcount: 85th
Percentile by assets National rank: $238,546
Avg per participant Above avg balance/head

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Official DOL plan name: Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund · Sponsored by Bot-Boston Plasterers&cement Mason Union Local 534 Pension Fund · Massachusetts · Construction

$55M in assets, 232 participants

Bot-Boston Plasterers&cement Mason Union Local 534 Pension Fund's Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund reported $55M in total assets and 232 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

#7,548 in Construction (9,039 peers)

Coverage in Massachusetts

Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund covers 232 participants in Massachusetts, about 35% of the average Massachusetts filer (state average ~659 per filing). Assets: $55M.

#7,548
in Construction (9,039 peers): +9.1%
assets growth YoY: 0.6×
vs typical plan assets (national mean)

Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund's outsized position by total assets

Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund vs every filed plan by assets

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

$55,342,712 Top 15% higher than 85% 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

Boston Plasterers' & Cement Masons' Union Local 534 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. Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund sits mid-pack in the medium band (232 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund reported net income fell from $7M in the plan year 2023 filing to $5M in the plan year 2024 filing.
Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund end-of-year assets rose from $51M in the plan year 2023 filing to $55M in the plan year 2024 filing.
Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund reported participants fell from 245 in the plan year 2023 filing to 232 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 046127786 · Bot-Boston Plasterers&cement Mason Union Local 534 Pension Fund PY 2024 · Defined Benefit (Pension)

Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund · $55M · 232 · 85th

VS-ST $55M
VS-ST 232
VS-ST 85th
VS-ST Defined Benefit (Pension)
VS-ST near Community Service Society of New York Retirement Plan
VS-ST ind #7548

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 Massachusetts →

End-of-year total assets ($M) among Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)	$51M
Net Assets (End of Year)	$55M
Net Income	$5M
Employer EIN	046127786
Plan Effective Date	1962-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Bot-Boston Plasterers&cement Mason Union Local 534 Pension Fund)

Latest sponsor-wide plan assets: $55M 26.87295969266612% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	253	$44M
2023	1	245	$51M
2024	1	232	$55M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $11.6B · 60,621
New England Teamsters Pension Fund $9.1B · 21,577
Liberty Mutual Retirement Benefit Plan $6.3B · 34,910
Massachusetts Institute of Technology Basic Retirement Plan $5.9B · 12,533
N. Atlantic States Carp. Pension Fund $5.1B · 16,946

Compare Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund side-by-side with 3 peers →

Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Community Service Society of New York Retirement Plan in NY ($55M); by covered participants it is Retirement Plan for Employees of Reckitt Benckiser LLC in NJ (232 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($55M here).

Community Service Society of New York Retirement Plan (NY) $55M · 117
Sharp Rees-Stealy Medical Group, Inc. Cash Balance Pension Plan (CA) $55M · 262
New York Backstretch Employees Pension Plan (NY) $55M · 1,162
Doosan Pension Plan Number One (ND) $55M · 410

Similar participant headcount

Nearest other-state filings by covered participants (232 participants); asset peers above are excluded.

Retirement Plan for Employees of Reckitt Benckiser LLC (NJ) 232 · 0 off
Scripps Clinic Medical Group, Inc. Market Return Cash Balance Plan (CA) 232 · 0 off
Employees' Retirement Plan of First Hawaiian, Inc. (HI) 232 · 0 off
Roseburg Forest Products Co Retirement Plan (OR) 232 · 0 off

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 Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund assets move in 2024? ▼

Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund grew at a solid clip - up 9.1% during 2024, from $51M to $55M. Reported net income was $5M.

How have Bot-Boston Plasterers&cement Mason Union Local 534 Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Bot-Boston Plasterers&cement Mason Union Local 534 Pension Fund's sponsor-wide assets grew 26.9%, from $44M to $55M.

Where does Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund rank by assets among Form 5500 filers? ▼

Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund ranks in the 85th 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 Defined Benefit (Pension) plans are similar in size to Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Community Service Society of New York Retirement Plan in NY ($55M, 117 participants).

Which Defined Benefit (Pension) plans cover a similar participant headcount to Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of Reckitt Benckiser LLC in NJ (232 participants, $251M 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 046127786.