Plan Ledger DOL Form 5500 · updated monthly

Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity FuMoney purchase plan

CEMENT MASONS' LOCAL 502 AND PLASTERERS' AREA 5 AN · BELLWOOD, IL · plan year 2025

Reported admin expense ratio · 2025
0.42%

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

Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu reported $291,447 in plan administrative expenses for 2025: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,997 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 3 years on file its reported administrative ratio fell from 0.46% to 0.42%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other construction employers. By assets it is the 670th-largest of 3,702 plans among Illinois employers on file, and the 763rd of 5,337 in construction. active participation has grown from 2,127 to 2,444 since 2022.

Plan summary
Net assets, end of year$77,699,254
Participants with balances1,968
Active participants2,444
Employer contributions$9,768,987
Employee contributions—
Employer contribution per active participant$3,997
Average account balance$39,481
Benefits paid to participants$2,924,960
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$77.7M · 1,968 accts · $9.8M emplr
2024$60.3M · 1,909 accts · $7.5M emplr
2023$48.3M · 1,875 accts · $6.2M emplr
2022$37.1M · 1,812 accts · $4.5M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$90,720
Investment management$8,000
Audit (IQPA)$18,000
Trustee / custodial$2,036
Total administrative$291,447
Employer contributions to the Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu plan · 2025
Employer contribution per active participant$3,997
Median for plans this size$4,093
2025$3,997 per active participant
2024$3,135 per active participant
2023$2,784 per active participant
2022$2,117 per active participant

Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu's 2025 employer contribution ran below the $4,093 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
LEGACY PROFESSIONALS LLP · Accounting / audit · Recordkeeping$33,614
QUORUM CONSULTING GROUP · Contract administrator$75,106
JOHNSON & KROL · Legal$29,701
MARQUETTE ASSOCIATES · Investment advisory (plan)$8,000

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

Recordkeeper by year3
2025LEGACY PROFESSIONALS LLP
2024LEGACY PROFESSIONALS LLP
2023LEGACY PROFESSIONALS LLP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$291,447 · 0.42%
2024$226,902 · 0.42%
2023$224,246 · 0.53%
2022$180,025 · 0.46%
Similar plansConstruction · Illinois
L & H Company, Inc. IL$84.9M · 0.01%
Helm Group, Inc. IL$76.6M · 0.19%
Rathje Enterprises, Inc. IL$76.1M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364280579 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.