Illinois › Manufacturing › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Aug 2024 to 31 Jul 2025
Employers and Cement Masons Local 90 Pension Plan
Sponsored by Employers and Cement Masons Local 90 Pension Plan, Troy, 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.
Employers and Cement Masons Local 90 Pension Plan is a money purchase plan sponsored by Employers and Cement Masons Local 90 Pension Plan of Troy, Illinois. For the plan year ending 31 Jul 2025 it reported 1,273 participants, 424 of them active, and net assets of $77.3M. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $60,754 per participant, above the $50,295 median for defined contribution plans with 1,000 to 4,999 participants and close to the $62,303 median for defined contribution plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $4.8M during the year, or $11,370 per active participant against a same-size median of $2,045; participants contributed —. Benefits paid out totalled $9.1M.
Schedule C lists 13 service provider organisations paid $5,000 or more, with reported compensation of $604K: $474 per participant, well above the same-size median of $82.08. Administrative expenses charged to the plan were $765K. 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 $37.4M in 2009 to $77.3M in 2024 (up 107%), and participants from 694 to 1,273 (up 83%).
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 DC plans |
|---|---|---|---|---|
| Net assets per participant | $60,754 | $50,295 | $62,303 | $53,102 |
| Employer contributions per active participant | $11,370 | $2,045 | $2,187 | $2,175 |
| Schedule C compensation per participant | $474 | $82.08 | $136 | $123 |
| Schedule C compensation, share of net assets | 0.78% | 0.17% | 0.24% | 0.26% |
| Administrative expenses per participant | $601 | $82.20 | $131 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 1,000 to 4,999 participants (10,207 plans), manufacturing (11,377) and all US plans (63,460). 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 | 1,273 | $77.3M | $60,753 | $4.8M | — | $604K |
| 2023 | 1,223 | $77.4M | $63,285 | $4.4M | — | $470K |
| 2022 | 1,223 | $73.8M | $60,339 | $4.3M | — | $330K |
| 2021 | 1,068 | $70.1M | $65,643 | $3.9M | — | $331K |
| 2020 | 984 | $74.9M | $76,124 | $3.5M | — | $317K |
| 2019 | 840 | $64.1M | $76,365 | $3.4M | — | $332K |
| 2018 | 880 | $63.7M | $72,433 | $2.9M | — | $286K |
| 2017 | 826 | $64.4M | $77,933 | $2.7M | — | $383K |
| 2016 | 802 | $58.8M | $73,288 | $3.2M | — | $443K |
| 2015 | 751 | $55.0M | $73,258 | $3.0M | — | $435K |
| 2014 | 710 | $54.5M | $76,815 | $2.7M | — | $424K |
| 2013 | 807 | $51.7M | $64,068 | $2.3M | — | $398K |
| 2012 | 791 | $47.5M | $60,075 | $2.6M | — | $367K |
| 2011 | 795 | $42.7M | $53,670 | $2.2M | — | $349K |
| 2010 | 736 | $42.3M | $57,522 | $2.9M | — | $358K |
| 2009 | 694 | $37.4M | $53,883 | $2.8M | — | $336K |
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$77,396,819
- Employer contributions$4,820,910
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$4,820,910
- Total income, including investment results$9,789,773
- Benefits paid$9,081,942
- Administrative expenses$765,262
- Total expenses$9,847,204
- Net income−$57,431
- Net transfers$0
- Net assets, end of year$77,339,388
Participants
- Active participants424
- Retired or separated, receiving benefits821
- Retired or separated, entitled to future benefits26
- Participants with account balances1,156
- Total participants, end of year1,273
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Pension Planning Consultants, Inc. | Contract Administrator | $115,747 | $0 |
| Commerce Bank | Investment management | $78,236 | $0 |
| Marquette Associates | Investment advisory (plan) | $77,746 | $0 |
| Local 90 Health & Welfare Fund | Plan Administrator | $68,318 | $0 |
| Ullico Investment Advisors | Investment management | $51,716 | $0 |
| Aon Hewitt | Contract Administrator | $45,567 | $0 |
| Midwest Institutional Trust Company | Investment management | $41,395 | $0 |
| Rreef America II LP | Investment advisory (plan) | $28,349 | $0 |
| Aristotle Capital Management | Investment advisory (plan) | $26,523 | $0 |
| Monetary Management | Investment advisory (plan) | $24,660 | $0 |
| Congress Asset Management | Investment advisory (plan) | $19,713 | $0 |
| The Union Labor Life Insurance Co. | Investment management | $16,671 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. 1 smaller rows are not shown. 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$417,567
- Contract administrator fees$200,033
- Other administrative expenses$72,689
- IQPA audit fees$38,950
- Legal fees$36,023
- Total administrative expenses$765,262
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.
- Corporate stocks$26.0M · 33.5%
- Registered investment companies (mutual funds)$15.7M · 20.2%
- Partnership/joint venture interests$8.2M · 10.5%
- Common/collective trusts$4.9M · 6.3%
- Corporate debt instruments$4.3M · 5.5%
- U.S. Government securities$3.9M · 5.0%
- Real estate$3.8M · 4.9%
- 103-12 investment entities$3.3M · 4.3%
- Pooled separate accounts$3.1M · 4.0%
- Cash (interest and non-interest bearing)$2.0M · 2.6%
- Receivables$1.4M · 1.8%
- Other investments$941K · 1.2%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- 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
2CMoney purchase (other than target benefit) plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 327300: Cement & Concrete Product Mfg.
Similar plans in Illinois
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Tate & Lyle Salaried Comprehensive Retirement Plan | Tate & Lyle Americas, LLC | 1,293 | $233M | $180,364 |
| Kellanova Pringles Savings and Investment Plan | Kellanova | 1,255 | $105M | $83,925 |
| Komatsu America Corp. Target Benefit/defined Contribution Plan | Komatsu America Corp. | 1,296 | $81.4M | $62,838 |
| Griffith Supplemental Retirement & Savings Plan | Griffith Foods Group, Inc. | 1,251 | $262M | $209,048 |
| Primient Salaried Comprehensive Retirement Plan | Primary Products Ingredients Americas, LLC | 1,302 | $216M | $166,030 |
| PPC Flexible Packaging, LLC 401(k) Profit Sharing Plan | PPC Flexible Packaging, LLC | 1,249 | $40.0M | $32,064 |
Defined contribution plans in manufacturing closest in size.
Questions and answers
How big is Employers and Cement Masons Local 90 Pension Plan?
1,273 participants at the end of the plan year ending 31 Jul 2025, of whom 424 were active employees, with net assets of $77,339,388. Among defined contribution plans that places it in the 1,000 to 4,999 participants band, which held 10,207 plans in plan year 2024.
What does Employers and Cement Masons Local 90 Pension Plan contribute per participant?
The filing reports $4,820,910 in employer contributions for the year, which is $11,370 per active participant; the median for plans of the same type and size was $2,045 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 $603,939 in compensation to service provider organisations, $474 per participant or 0.78% of net assets. The same-size median among plans reporting any Schedule C compensation was $82.08 per participant. Administrative expenses on Schedule H were $765,262. 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 Employers and Cement Masons Local 90 Pension Plan. Recordkeeping or administration: Pension Planning Consultants, Inc., Local 90 Health & Welfare Fund and Aon Hewitt. Investment advisory or management: Commerce Bank, Marquette Associates and Ullico Investment Advisors. 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 Aug 2024 to 31 Jul 2025, received by the Department of Labor on 21 Jul 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 37-6060397, plan 001, received 21 Jul 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.