Associated Administrators

Associated Administrators

Associated Administrators was established in 1973 to administer the FELRA & UFCW Pension Plan. The firm operates as the third-party administrator for this multiemployer defined-benefit plan sponsored by the Food Employers Labor Relations Association and the United Food and Commercial Workers union. The plan allocates the bulk of its $1.4B portfolio to investment-grade fixed income securities mandated by PBGC Special Financial Assistance funds. A nominal allocation of 0.5% targets private equity and venture capital exposure. Geographic focus remains within the United States, with investments executed through external managers and reported via PNC Bank. The firm maintains relationships with service providers including Cheiron Inc. as investment consultant since 2013 and Slevin & Hart as legal counsel. It also supports the UFCW Local 1500 Charity Fund, which directs grants to health-related causes such as the American Cancer Society. No additional offices or headcount figures are disclosed. Ownership flows through Harbour Benefit Holdings, Inc., which is controlled by private equity firm BPOC. This holding-company structure separates plan administration from the underlying union and employer sponsors.