IUOE Local 98 Pension Plan Overview
- Type
-
Union Pension Fund
- Founded
-
1959
- Professionals
-
5
- AUM
-
00000
- Commitments
-
6
IUOE Local 98 Pension Plan General Information
Description
IUOE Local 98 Pension Plan is a multi-employer defined benefit union pension fund based in East Longmeadow, Massachusetts. The plan was established in 1959 under an agreement and declaration of trust pursuant to collective bargaining agreements between the International Union of Operating Engineers Local Union Number 98 and various employers and employer associations in the construction industry in the states of Massachusetts, Vermont, and New Hampshire. The purpose of the plan is to provide retirement and death benefits to eligible participants. The assets of the pension fund are managed by the executive management team. State Street Bank, Loomis Sayles, Meketa Investment Group, and State Street Bank serve as custodians.
Contact Information
Website
www.iuoelocal98.org
Year Founded
1959
Commitment Size
00000
Open To Secondaries
0000
Open To First Time Founds
00000
Institution Type
Union Pension Fund
Primary Contact
0000000 0000000
Title
Plan Administrator
Email
00000000@0000000.000
Phone
+0 (000) 000-0000
Primary Office
- 40 Hudson Drive
- P.O. Box 1290
- Southwick, MA 01077
- United States
+1 (413) 000-0000
IUOE Local 98 Pension Plan Commitments (6)
| Fund Name | Fund Manager | Fund Location | Vintage | Fund Size | Commitment Date | Commitment |
|---|---|---|---|---|---|---|
| 000 00000000 000 | AEW Capital Management | Boston, MA | 2014 | 00000 | 0000-00-00 | |
| 00000000 000000 0000000 | 00000000 0000000 | Simsbury, CT | 2013 | 00.000 | 0000-00-00 | 000 |
| 00 000000 0000000000 00 | 00 0000000000 00 | Boston, MA | 2013 | 00.000 | 0000-00-00 | |
| 000 00000000 00 | 000 0000000 0000 | Boston, MA | 2010 | 00000 | 0000-00-00 | 000 |
| 00 000000 0000000000 00 | 00 0000000000 00 | Boston, MA | 2006 | 00.000 | 0000-00-00 | 000 |
IUOE Local 98 Pension Plan Commitment Analytics
Commitments by Fund Type
Commitments by Region
IUOE Local 98 Pension Plan Investment Allocations
-
Target PE:Current PE:42.00 % Actual
-
Target Real Estate:Real Estate:42.00 % Actual
-
Target Equities:Current Equities:
-
Target Fixed Income:Fixed Income:
-
Target Cash:Current Cash:
IUOE Local 98 Pension Plan Team (12)
| Name | Title | Office |
|---|---|---|
| William Fay | Chairman, President & Business Manager | Southwick, MA |
| Michelle Thorn | Plan Sponsor & Employer Trustee | Southwick, MA |
| Patricia O'Connor | Administrative Assistant | Southwick, MA |
| David Kazimierczak | Recording Secretary | Southwick, MA |
| Keith Hancock | Vice President, Contract Representative/Organizer & Union Trustee | Southwick, MA |
IUOE Local 98 Pension Plan Board Members (3)
| Name | Representing | Role | Since |
|---|---|---|---|
| Brian MacDonald | IUOE Local 98 Pension Plan | Trustee | 000 0000 |
| William Fay | IUOE Local 98 Pension Plan | Chairman, President & Business Manager | 000 0000 |