Plan Snapshot
- Plan Sponsor: Board Of Trustees Cement Masons' Pension Fund
- Sponsor EIN: 516034597
- Sponsor Address: 739 25TH AVENUE, BELLWOOD, IL, 60104
- Plan Type: DB
- Total Participants: 1,218
- Total Assets: $540.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,218 | $540.9M | $32.5M | $0 |
| 2023 | 1,243 | $495.4M | $35.4M | $0 |
| 2022 | 1,207 | $444.2M | $32.3M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| J.P. MORGAN INVESTMENT MANAGEMENT I | Recordkeeper | $334,896 | — | $334,896 |
| ULLICO INVESTMENT ADVISORS INC. | Other Service Provider | $304,571 | — | $304,571 |
| LOOMIS SAYLES & COMPANY L.P. | Other Service Provider | $158,023 | — | $158,023 |
| LSV ASSET MANAGEMENT | Other Service Provider | $149,186 | — | $149,186 |
| HORIZON ACTUARIAL SERVICES, LLC | Other Service Provider | $126,791 | — | $126,791 |
| LEGACY PROFESSIONALS LLP | Auditor | $113,094 | — | $113,094 |
| MIDWEST INSTITUTIONAL TRUST CO | Other Service Provider | $109,107 | — | $109,107 |
| INTERCONTINENTAL REAL ESTATE CORP | Other Service Provider | $98,038 | — | $98,038 |
| JOHNSON & KROL | Other Service Provider | $93,003 | — | $93,003 |
| WILLIAM H. BEEMAN | Recordkeeper | $85,199 | — | $85,199 |
| MARQUETTE ASSOCIATES | Other Service Provider | $84,167 | — | $84,167 |
| ANGELO FEOLA | Recordkeeper | $71,170 | — | $71,170 |
| NANCY AGUADO | Recordkeeper | $59,637 | — | $59,637 |
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $55,748 | — | $55,748 |
| NORTHERN TRUST CORPORATION | Other Service Provider | $53,046 | — | $53,046 |
| CHARLES PICARDI | Recordkeeper | $46,036 | — | $46,036 |
| MATTHEW STIKA | Recordkeeper | $32,453 | — | $32,453 |
| BRIDGEWAY BENEFIT TECHNOLOGIES, LLC | Other Service Provider | $32,216 | — | $32,216 |
| COLLEEN LAKIS | Recordkeeper | $28,666 | — | $28,666 |
| HAMILTON LANE ADVISORS LLC | Other Service Provider | $26,080 | — | $26,080 |
| ARTHUR J. GALLAGHER RISK MGMNT | Investment Advisor | $16,850 | — | $16,850 |
| JOHN TERMINE | Custodian / Trustee | $14,724 | — | $14,724 |
| PATRICK LACASSA | Custodian / Trustee | $10,285 | — | $10,285 |
| MICHAEL ALBRECHT | Custodian / Trustee | $9,042 | — | $9,042 |
| 79 RATIO | Other Service Provider | $5,967 | — | $5,967 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- J.P. MORGAN INVESTMENT MANAGEMENT I — Recordkeeper
- LEGACY PROFESSIONALS LLP — Auditor
- WILLIAM H. BEEMAN — Recordkeeper
- ANGELO FEOLA — Recordkeeper
- NANCY AGUADO — Recordkeeper
- CHARLES PICARDI — Recordkeeper
- MATTHEW STIKA — Recordkeeper
- COLLEEN LAKIS — Recordkeeper
- ARTHUR J. GALLAGHER RISK MGMNT — Investment Advisor
- JOHN TERMINE — Custodian / Trustee
- PATRICK LACASSA — Custodian / Trustee
- MICHAEL ALBRECHT — Custodian / Trustee
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,117,995
- Estimated Expense Ratio: 0.392% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,630,617 | $1,424,580 | — | $73,500 | — |
| 2023 | $2,463,954 | $1,265,393 | — | $78,000 | — |
| 2022 | $2,291,003 | $1,187,855 | — | — | $382,439 |