Defined Benefit (Pension) · DOL Form 5500 · 2024
Plasterers & Cement Masons Local No. 109 Pension Plan Pension Plan
Data updated 2026-08-25
- $127M
- Total assets Near avg plan size
- 455
- Participants Below avg headcount
- 92nd
- Percentile by assets National rank
- $279,772
- Avg per participant High balance/head
Official DOL plan name: Operative Plasterers and Cement Masons Local No. 109 Pension Plan · Sponsored by Plasterers & Cement Masons Local No. 109 Pension Plan · Michigan · Construction
$127M in assets, 455 participants
Plasterers & Cement Masons Local No. 109 Pension Plan's Operative Plasterers and Cement Masons Local No. 109 Pension Plan reported $127M in total assets and 455 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- #8,188 in Construction (9,039 peers)
Where Operative Plasterers and Cement Masons Local No. 109 Pension Plan sits by assets
Operative Plasterers and Cement Masons Local No. 109 Pension Plan sits in the top 10% of all filed plans by assets, $127M for 455 participants (~$279,772/participant), up 4.5% in 2024.
- #8,188
- in Construction (9,039 peers)
- +4.5%
- assets growth YoY
- 1.3×
- vs typical plan assets (national mean)
Operative Plasterers and Cement Masons Local No. 109 Pension Plan's outsized position by total assets
Operative Plasterers and Cement Masons Local No. 109 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$127,296,473 Top 8% higher than 92% 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
Operative Plasterers and Cement Masons Local No. 109 Pension Plan 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. Operative Plasterers and Cement Masons Local No. 109 Pension Plan sits mid-pack in the medium band (455 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Operative Plasterers and Cement Masons Local No. 109 Pension Plan reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- Operative Plasterers and Cement Masons Local No. 109 Pension Plan end-of-year assets rose from $122M in the plan year 2023 filing to $127M in the plan year 2024 filing.
- Operative Plasterers and Cement Masons Local No. 109 Pension Plan reported participants fell from 464 in the plan year 2023 filing to 455 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 346622619 · Plasterers & Cement Masons Local No. 109 Pension Plan PY 2024 · Defined Benefit (Pension)
Operative Plasterers and Cement Masons Local No. 109 Pension Plan · $127M · 455 · 92nd
- PART $127M
- TYPE 455
- NET 92nd
- BOOK Defined Benefit (Pension)
- VS-ST near Ua of Plumbers & Pipefitters Local 51 Pension Plan
- BOY ind #8188
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 Michigan →
Operative Plasterers and Cement Masons Local No. 109 Pension Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $122M |
|---|---|
| Net Assets (End of Year) | $127M |
| Net Income | $5M |
| Employer EIN | 346622619 |
| Plan Effective Date | 1965-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Plasterers & Cement Masons Local No. 109 Pension Plan)
Sponsor-wide plan assets over time
All Plasterers & Cement Masons Local No. 109 Pension Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $127M 9.818029761131058% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 483 | $116M |
| 2023 | 1 | 464 | $122M |
| 2024 | 1 | 455 | $127M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- General Motors Hourly-Rate Employees Pension Plan $42.5B · 15,648
- Ford Motor Company UAW Retirement Plan $17.8B · 25,742
- Ford Motor Company General Retirement Plan $12.1B · 8,585
- Dow Employees' Pension Plan $10.9B · 6,888
- Fca US LLC UAW Pension Agreement $10.3B · 12,752
Operative Plasterers and Cement Masons Local No. 109 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is Ua of Plumbers & Pipefitters Local 51 Pension Plan in RI ($127M); by covered participants it is Laborers Local 231 Pension Plan in IL (455 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($127M here).
- Ua of Plumbers & Pipefitters Local 51 Pension Plan (RI) $127M · 591
- Moen Incorporated Pension Plan (OH) $127M · 673
- Bashas' Employees Defined Benefit Pension Plan and Trust (CA) $127M · 1,381
- Morgan US Employees' Retirement Plan (NC) $127M · 317
Similar participant headcount
Nearest other-state filings by covered participants (455 participants); asset peers above are excluded.
- Laborers Local 231 Pension Plan (IL) 455 · 0 off
- Hawaii Sheet Metal Workers Pension Fund (HI) 455 · 0 off
- Ch2m Hill Omi Retirement Plan (CO) 456 · 1 off
- Hapo Community Credit Union Cash Balance Defined Benefit Plan and Trust (WA) 456 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.