Boston Plasterers' & Cement Masons' Local 534 Supplemental Unemployment Benefit Fund — Form 5500 plan (Boston Plasterer'S & Cement Masons Supplemental Unemployment Ben Plan)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Boston Plasterers' & Cement Masons' Local 534 Supplemental Unemployment Benefit Fund is a benefit plan reported by Boston Plasterer'S & Cement Masons Supplemental Unemployment Ben Plan under EIN 61-1424309 and plan number 501. The latest loaded filing year is 2023. The filing reports 698 participants and $2,732,522 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.7MPlan net assets, end of year$2,714,139
Participants698Covered participants reported
Assets / participant$3.9KComputed: assets ÷ participants$3,915 (computed)
Provider compensation$20.5K2 Schedule C provider row(s)$20,514
Plan sponsor
Boston Plasterer'S & Cement Masons Supplemental Unemployment Ben Plan
EIN
61-1424309
Plan number
501
Plan type
1
Location
Dorchester, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023698H, C20250128151507NAL0008549331001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$2.7M total assets
Net assets$2.7MLiabilities$18.4K
Money in vs. money out
Total income / additions$870.3K
Total expenses$645.3K
Benefits paid / distributions$573.5K
Contributions
Employer$598.5K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$2,732,522
Total liabilities (EOY)
$18,383
Net assets (EOY)
$2,714,139
Net assets (BOY)
$2,489,159

Income & contributions

Employer contributions
$598,483
Total contributions
$598,483
Total income / additions
$870,271

Expenses & distributions

Benefits paid
$573,475
Administrative expenses
$71,816
Total expenses
$645,291
Net increase / (decrease)
$224,980
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets24%Computed ratio
Benefits paid ÷ total income66%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Campbell Devasto & Associates Cpa'SNONE$11,145not reported in the loaded dataset2023
Boston Trust Walden CompanyNONE$9,369$02023

Related Form 5500 pages