Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Cement Masons and Plasterers Joint Pension PlanProfit-sharing plan

CEMENT MASONS AND PLASTERERS JOINT PENSION PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.58%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Board of Trustees Cement Masons and Plasterers Joint Pension Plan reported $523,503 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~90% of peers. Employer contributions averaged $12,014 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.87% to 0.58%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 33rd-largest of 437 plans among Nevada employers on file, and the 638th of 5,337 in construction. active participation has shrunk from 677 to 533 since 2022.

Plan summary
Net assets, end of year$95,166,182
Participants with balances2,001
Active participants533
Employer contributions$6,403,491
Employee contributions—
Employer contribution per active participant$12,014
Average account balance$47,559
Benefits paid to participants$3,912,504
Plan auditUnmodified (clean) audit opinion
AuditorBERRY & CO., CPA'S LTD
Plan history3
Yearassets · accounts · employer contribution
2024$95.2M · 2,001 accts · $6.4M emplr
2023$86.2M · 2,036 accts · $7.1M emplr
2022$77.3M · 2,048 accts · $7.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$197,473
Investment management$161,460
Audit (IQPA)$44,600
Trustee / custodial$21,840
Total administrative$523,503
Employer contributions to the Board of Trustees Cement Masons and Plasterers Joint Pension Plan plan · 2024
Employer contribution per active participant$12,014
Median for plans this size$3,635
2024$12,014 per active participant
2023$12,945 per active participant
2022$11,197 per active participant

Board of Trustees Cement Masons and Plasterers Joint Pension Plan's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202410
BERRY & CO., CPA'S LTD · Accounting / audit$130,849
BENESYS ADMINISTRATORS · Contract administrator · Accounting / audit$111,224
NEPC, LLC · Pension consulting · Investment advisory (plan)$63,750
WASHINGTON CAPITAL MGMT, INC · Investment management$55,635
AMERICAN REALTY ADVISORS, LLC · Investment management$36,722
PRINCIPAL TRUST CO · Custodial$21,840
CHRISTENSEN JAMES & MARTIN, CHTD · Legal$21,080
SMART SOURCE, LLC$11,737
NORTHWEST PLAN SERVICES · Consulting$7,500
BNY MELLON · Trustee · Investment management$1,187

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$523,503 · 0.58%
2023$537,363 · 0.66%
2022$661,603 · 0.87%
Similar plansConstruction · Nevada
Board of Trustees NV$80.0M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880135696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.