Cement Masons Trust Funds is a non-profit trust fund established to provide comprehensive employee benefit plans for cement masons, terrazzo workers, and shop hands across the United States. These plans cover retirement, health, welfare, and training expenses for the unionized workforce. The company is administered by a board of trustees, which includes both employer and employee representatives, who are responsible for making decisions on the plans’ design, investments, and ongoing administration. They operate under the guidelines set out in the Employee Retirement Income Security Act (ERISA). Cement Masons Trust Funds operates through regional offices across the country, administering funds for over 500 affiliated employer associations. They cover more than 20,000 plan participants and their dependents and families. Their retirement plan is a defined contribution plan, where employers make contributions to individual participant accounts, which are then invested according to their preferences. The health and welfare plans, including dental and vision coverage, are self-insured programs. Their training program aims to keep the workforce up to date and competitive with new techniques, technologies, and materials. Overall, Cement Masons Trust Funds aims to provide affordable and quality benefits to unionized workers in the cement and terrazzo industries across the country.