Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees of Masons Pension Trust Fund Pension Plan

Data updated 2026-08-11

$284M
Total assets
1,298
Participants
96th
Percentile by assets
$218,925
Avg per participant
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Official DOL plan name: Masons Pension Plan · Sponsored by Board of Trustees of Masons Pension Trust Fund · Hawaii · Construction

$284M in assets, 1,298 participants

Board of Trustees of Masons Pension Trust Fund's Masons Pension Plan reported $284M in total assets and 1,298 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 123,622 plans)
  • #8,587 in Construction (9,039 peers)

Coverage in Hawaii

Masons Pension Plan covers 1,298 participants in Hawaii, 3.4x the typical Hawaii plan (state average ~380 per filing). Assets: $284M.

$284M
total plan assets (2024 EOY)
1,298
covered participants
96th
percentile by assets (of 123,622 plans)
$218,925
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Masons Pension Plan reported net income fell from $41M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • Masons Pension Plan end-of-year assets rose from $259M in the plan year 2023 filing to $284M in the plan year 2024 filing.
  • Masons Pension Plan reported participants fell from 1,349 in the plan year 2023 filing to 1,298 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Hawaii filers

In Hawaii, the average filing covers about 380 participants across 517 plans. Masons Pension Plan reports 1,298 participants - 3.4x that state average ($284M EOY assets).

Hawaii filing particulars

Total Assets (Beginning of Year)$259M
Net Assets (End of Year)$284M
Net Income$26M
Employer EIN996012128
Plan Effective Date1967-03-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Masons Pension Trust Fund)

$250M$260M$270M$280M$290M 20232024 $259M $284M ▲ +9.8%
Total plan assets by year, all Board of Trustees of Masons Pension Trust Fund plans on file
Year Plans Participants Total Assets
2023 1 1,349 $259M
2024 1 1,298 $284M

Nearby Defined Benefit (Pension) Plans in Hawaii

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

Masons Pension Plan vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants

Masons Pension Plan vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants Scatter plot of 6 data points. 02000400060008000 00.511.52 Total assets ($B) Participants Masons Pension PlanRetirement Plan for …Hotel Union and Hote…Pamcah-Ua Local 675 …The Queen's Health S…Hawaii Pacific Healt…
Masons Pension Plan vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

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

Frequently Asked Questions

How did Masons Pension Plan assets move in 2024?
Masons Pension Plan grew at a solid clip - up 9.8% during 2024, from $259M to $284M. Reported net income was $26M.
How have Board of Trustees of Masons Pension Trust Fund plan assets changed over time?
Across 2 plan years on file (2023-2024), Board of Trustees of Masons Pension Trust Fund's sponsor-wide assets grew 9.8%, from $259M to $284M.
Where does Masons Pension Plan rank by assets among Form 5500 filers?
Masons Pension Plan 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 Masons Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Plumbers Local Union No. 690 Pension Fund in PA ($284M, 717 participants).

Filing takeaways

Ways to act on Masons Pension Plan's numbers.

  • By total assets, Masons Pension Plan 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 Hawaii. Compare plans
  • Board of Trustees of Masons Pension Trust Fund's sponsor-wide assets have grown 9.8% since 2023 across 2 plan years on file. More Construction plans