Illinois › Construction › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 May 2024 to 30 Apr 2025
Tuckpointer Local 52 Pension Plan
Sponsored by Tuckpointer Local 52 Pension Plan, Elmhurst, IL
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 30 Apr 2025, Tuckpointer Local 52 Pension Plan covered 2,187 participants and held $410M in net assets. The plan is a defined benefit pension plan sponsored by Tuckpointer Local 52 Pension Plan of Elmhurst, Illinois. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $187,455 per participant, well above the $87,935 median for defined benefit plans with 1,000 to 4,999 participants and well above the $100,593 median for defined benefit plans in construction. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $12.7M for the year ($12,654 per active participant) and benefits paid were $17.5M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 12 service provider organisations paid $5,000 or more, with reported compensation of $1.3M: $576 per participant, well above the same-size median of $325. Administrative expenses charged to the plan were $2.0M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $137M in 2009 to $410M in 2024 (up 198%), and participants from 1,880 to 2,187 (up 16%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $187,455 | $87,935 | $100,593 | $86,221 |
| Employer contributions per active participant | $12,654 | $10,593 | $13,292 | $10,244 |
| Schedule C compensation per participant | $576 | $325 | $443 | $344 |
| Schedule C compensation, share of net assets | 0.31% | 0.41% | 0.46% | 0.42% |
| Administrative expenses per participant | $907 | $513 | $596 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 1,000 to 4,999 participants (1,540 plans), construction (655) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 2,187 | $410M | $187,455 | $12.7M | — | $1.3M |
| 2023 | 2,168 | $383M | $176,862 | $12.7M | — | $1.3M |
| 2022 | 2,148 | $338M | $157,261 | $12.7M | — | $1.1M |
| 2021 | 2,091 | $337M | $160,934 | $10.9M | — | $1.4M |
| 2020 | 2,101 | $379M | $180,528 | $11.2M | — | $1.1M |
| 2019 | 2,092 | $276M | $131,864 | $12.5M | — | $1.1M |
| 2018 | 2,001 | $282M | $141,142 | $11.5M | — | $1.0M |
| 2017 | 1,973 | $265M | $134,064 | $10.6M | — | $1.0M |
| 2016 | 1,921 | $239M | $124,185 | $9.8M | — | $1.0M |
| 2015 | 1,918 | $208M | $108,377 | $8.8M | — | $975K |
| 2014 | 1,892 | $222M | $117,412 | $7.9M | — | $926K |
| 2013 | 1,842 | $204M | $110,572 | $6.5M | — | $940K |
| 2012 | 1,854 | $182M | $98,188 | $6.4M | — | $845K |
| 2011 | 1,857 | $164M | $88,239 | $6.7M | — | $806K |
| 2010 | 1,862 | $160M | $86,034 | $6.2M | — | $853K |
| 2009 | 1,880 | $137M | $73,121 | $7.3M | — | $653K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$383,436,036
- Employer contributions$12,691,725
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$12,691,725
- Total income, including investment results$45,974,289
- Benefits paid$17,462,986
- Administrative expenses$1,983,546
- Total expenses$19,446,532
- Net income$26,527,757
- Net transfers$0
- Net assets, end of year$409,963,793
Participants
- Active participants1,003
- Retired or separated, receiving benefits523
- Retired or separated, entitled to future benefits544
- Total participants, end of year2,187
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Harris Associates L.P. | Investment management | $214,692 | $0 |
| Marquette Associates, Inc. | Investment advisory (plan) | $205,000 | $0 |
| Sands Capital Management | Investment management | $184,708 | $0 |
| Cygan Hayes, Ltd. | Accounting (including auditing) | $157,828 | $0 |
| The Segal Company | Actuarial | $145,396 | $0 |
| Loomis Sayles Core Plus Fixed Incom | Direct payment from the plan; Investment management fees paid directly by plan | $102,219 | $0 |
| Silvercrest Asset Management Group | Investment management | $89,351 | $0 |
| Midwest International Trust Company | Custodial (securities); Investment management | $84,861 | $0 |
| Innovative Software Solutions, Inc. | Recordkeeping and information management | $48,633 | $0 |
| Associated Agencies, Inc. | Direct payment from the plan; Insurance brokerage commissions and fees | $12,083 | $0 |
| Noventech | Recordkeeping and information management | $7,920 | $0 |
| Pbi Research Services | Consulting (general) | $7,603 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$1,142,128
- Other administrative expenses$297,341
- Salaries and allowances$248,540
- Actuarial fees$145,396
- Recordkeeping fees$65,935
- IQPA audit fees$42,000
- Legal fees$32,626
- Other trustee fees and expenses$6,375
- Trustee and custodial fees$3,205
- Total administrative expenses$1,983,546
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$236M · 57.6%
- Partnership/joint venture interests$136M · 33.2%
- Corporate stocks$32.5M · 7.9%
- Cash (interest and non-interest bearing)$3.5M · 0.9%
- Receivables$1.8M · 0.4%
- Other investments$49K · 0.0%
- Buildings and other property used in plan operation$35K · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmCygan Hayes Ltd.
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1BBenefits are primarily flat dollar (includes dollars per year of service)
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 238100: Foundation, Structure, & Building Exterior Contractors (including framing carpentry, masonry, glass, roofing, & siding).
Similar plans in Illinois
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Fox Valley & Vicinity Construction Workers Pension Fund | Trustees of the Fox Valley Const Workers Pension | 2,515 | $336M | $133,535 |
| Plumbers & Pipefitters Local No. 25 Pension Fund | Plumbers & Pipefitters L25 | 2,079 | $470M | $226,145 |
| IBEW Local 701 Pension Fund | Board of Trustees, 701 Pension Fund | 2,779 | $528M | $189,822 |
| Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund | Trustees of Local Union No. 9, IBEW and Outside Contractors Pension Fu | 2,055 | $421M | $204,714 |
| Painters District Council No. 30 Pension Fund | Board of Trustees Painters District Coun No. 30 Pension Fund | 3,081 | $460M | $149,395 |
| Employers & Operating Engineers Local 520 Pension Fund | Employers & Operating Engineers Local 520 Pension Fund Board of Truste | 2,029 | $327M | $161,310 |
Defined benefit plans in construction closest in size.
Questions and answers
How big is Tuckpointer Local 52 Pension Plan?
2,187 participants at the end of the plan year ending 30 Apr 2025, of whom 1,003 were active employees, with net assets of $409,963,793. Among defined benefit plans that places it in the 1,000 to 4,999 participants band, which held 1,540 plans in plan year 2024.
What does Tuckpointer Local 52 Pension Plan contribute per participant?
The filing reports $12,691,725 in employer contributions for the year, which is $12,654 per active participant; the median for plans of the same type and size was $10,593 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $1,260,294 in compensation to service provider organisations, $576 per participant or 0.31% of net assets. The same-size median among plans reporting any Schedule C compensation was $325 per participant. Administrative expenses on Schedule H were $1,983,546. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Tuckpointer Local 52 Pension Plan. Recordkeeping or administration: Innovative Software Solutions, Inc. and Noventech. Investment advisory or management: Harris Associates L.P., Marquette Associates, Inc. and Sands Capital Management. Trustee or custodian: Midwest International Trust Company. The financial statements were audited by Cygan Hayes Ltd.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 May 2024 to 30 Apr 2025, received by the Department of Labor on 20 Jan 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 36-6122163, plan 001, received 20 Jan 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.