Plan Snapshot
- Plan Sponsor: Trustees Of Minnesota Cement Masons Pension Fund
- Sponsor EIN: 516096906
- Sponsor Address: 2520 PILOT KNOB ROAD, SUITE 325, MENDOTA HEIGHTS, MN, 551201369
- Plan Type: DB
- Total Participants: 788
- Total Assets: $285.8M
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 | 788 | $285.8M | $16.2M | $0 |
| 2023 | 802 | $267.7M | $16.7M | $0 |
| 2022 | 795 | $243.1M | $16.6M | $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 |
|---|---|---|---|---|
| SEI INVESTMENTS COMPANY | NONE | $1,359,417 | — | $1,359,417 |
| THE SEGAL COMPANY | NONE | $198,615 | — | $198,615 |
| CEMENT MASONS SERVICE CORPORATION | NONE | $120,878 | — | $120,878 |
| UNION BANK AND TRUST | NONE | $93,275 | — | $93,275 |
| ZENITH AMERICAN SOLUTIONS | NONE | $92,229 | — | $92,229 |
| REINHART BOERNER VAN DEUREN SC | NONE | $73,942 | — | $73,942 |
| STANDARD VALUATIONS, INC. | NONE | $20,000 | — | $20,000 |
| WHITESTAR ADVISORS LLC | NONE | $19,950 | — | $19,950 |
| LEGACY PROFESSIONALS LLP | NONE | $18,700 | — | $18,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UNION BANK AND TRUST — NONE
- REINHART BOERNER VAN DEUREN SC — NONE
- LEGACY PROFESSIONALS LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,997,006
- Estimated Expense Ratio: 0.699% 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 | $1,837,746 | $1,080,370 | $198,395 | $18,700 | — |
| 2023 | $1,867,026 | $1,216,959 | $328,742 | $17,900 | — |
| 2022 | $1,579,940 | $1,150,923 | $160,130 | — | $154,195 |