Bay Area Painters & Tapers Trust

Bay Area Painters & Tapers Trust

The Bay Area Painters & Tapers Trust operates as a union pension fund. It was established to provide retirement and health benefits to members of the International Union of Painters and Allied Trades District Council 16. The fund receives contributions from employers under collective bargaining agreements with Northern California Painting and Finishing Contractors. The trust holds direct real estate assets including an office and apartment complex at 4160 Dublin Boulevard and a commercial property at 1640 Loop Road. It maintains a position in the McMorgan Principal Preservation Fund. Geographic exposure centers on California with additional service relationships extending to national providers. The fund engages in buyout strategies through external managers. The trust employs five named trustees split between union and management representatives. It contracts with HS&BA for plan administration, John Hancock for annuity services, Jennings Sigmond for legal counsel, Novak Francella for audits, and Buck Consultants for actuarial work. No recent operational events from the last 24 months appear in available records. Governance follows a joint board structure with equal union and employer trustees as required for Taft-Hartley plans.