Bemis Manufacturing Company Employees Pension Plan

Bemis Manufacturing Company Employees Pension Plan

The plan traces its origins to 1901, when Judson Moss Bemis incorporated Bemis Manufacturing Company, a flexible packaging producer that grew into a significant supplier of plastic films, laminations, and labels. The company remains family-owned and operates from Sheboygan Falls, Wisconsin, where it sponsors this defined benefit pension. Oversight rests with former CEO and current Co-Chairman Richard A. Bemis and CIO Subash Anbu, who is also a director at Field Fastener, reflecting the firm's ties to regional manufacturing and supply-chain networks. The pension's investment strategy is not publicly detailed, but as a corporate defined benefit plan of a mid-sized industrial manufacturer, its portfolio likely spans public equities, fixed income, and alternatives to meet long-term liabilities. The sponsor's asset base includes the company's headquarters at 300 Mill Street and adjacent land parcels in Sheboygan Falls, suggesting a modest direct real estate component. The Bemis Employees' Savings Plan, a separate vehicle, indicates a dual retirement structure common among family-controlled manufacturers. The plan does not disclose total assets or deployment figures. Governance is layered: Richard Bemis co-chairs the manufacturing company's board, while CIO Subash Anbu participates in the Private Directors Association, linking the plan to broader fiduciary governance circles. The family's philanthropic arm, the F. K. Bemis Family Foundation—with Erin Bemis as President and Wendy Bemis as Vice President—operates alongside the pension, a bifurcated structure typical of enduring family enterprises where retirement obligations and charitable giving share origin but not capital. The plan's structural differentiator is its quiet longevity embedded within a family-held industrial company. Unlike publicly traded sponsors subject to quarterly P&L pressure, Bemis Manufacturing's private ownership permits the pension committee to take a liability-driven approach shaped by family governance rather than near-term equity market correlation. The presence of a dedicated CIO and the Family Office Exchange relationship signal a professionalized, deliberate asset management function often absent in plans of comparable enterprise scale.