Defined Benefit (Pension) · DOL Form 5500 · 2024

Plasterers & Cement Masons Local No. 109 Pension Plan Pension Plan

Data updated 2026-08-11

$127M
Total assets
455
Participants
92nd
Percentile by assets
$279,772
Avg per participant
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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.

  • 92nd percentile by assets (of 123,622 plans)
  • #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.

$127M
total plan assets (2024 EOY)
455
covered participants
92nd
percentile by assets (of 123,622 plans)
$279,772
avg assets per participant

Where Operative Plasterers and Cement Masons Local No. 109 Pension Plan sits 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

This plan $0 $2,010,000,000 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

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.

See the national 2023→2024 release diff →

State
Michigan
Industry
Construction

Operative Plasterers and Cement Masons Local No. 109 Pension Plan vs the 2024 asset distribution

By assets, Operative Plasterers and Cement Masons Local No. 109 Pension Plan outranks 92% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$122M
Net Assets (End of Year)$127M
Net Income$5M
Employer EIN346622619
Plan Effective Date1965-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plasterers & Cement Masons Local No. 109 Pension Plan)

$110M$115M$120M$125M$130M 202220232024 $116M $127M ▲ +9.8%
Total plan assets by year, all Plasterers & Cement Masons Local No. 109 Pension Plan plans on file
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.

Operative Plasterers and Cement Masons Local No. 109 Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Operative Plasterers…, Total assets ($B): 0.127296473 · Participants: 455Operative Plasterers…General Motors Hourl…, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourl…Ford Motor Company U…, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company U…Ford Motor Company G…, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company G…Dow Employees' Pensi…, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pensi…Fca US LLC UAW Pensi…, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pensi…
Operative Plasterers and Cement Masons Local No. 109 Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Operative Plasterers and Cement Masons L… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Operative Plasterers and Cement Masons Local No. 109 Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Operative Plasterers and Cement Masons Local No. 109 Pension Plan assets move in 2024? ▼
Operative Plasterers and Cement Masons Local No. 109 Pension Plan edged up modestly - up 4.5% during 2024, from $122M to $127M. Reported net income was $5M.
How have Plasterers & Cement Masons Local No. 109 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Plasterers & Cement Masons Local No. 109 Pension Plan's sponsor-wide assets grew 9.8%, from $116M to $127M.
Where does Operative Plasterers and Cement Masons Local No. 109 Pension Plan rank by assets among Form 5500 filers? ▼
Operative Plasterers and Cement Masons Local No. 109 Pension Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Operative Plasterers and Cement Masons Local No. 109 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ua of Plumbers & Pipefitters Local 51 Pension Plan in RI ($127M, 591 participants).

Next read for Operative Plasterers and Cement Masons L…

Scale reading

Ways to act on Operative Plasterers and Cement Masons Local No. 109 Pension Plan's numbers.

  • By total assets, Operative Plasterers and Cement Masons Local No. 109 Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
  • Plasterers & Cement Masons Local No. 109 Pension Plan's sponsor-wide assets have grown 9.8% 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 346622619.

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.