# Bricklayers and Trowel Trades International Pension Plan

Bricklayers and Trowel Trades International Pension Plan is a Pension Fund based in Washington, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Washington, United States
- **Region:** North America
- **Address:** Washington, DC, United States
- **Founded:** 1972
- **Assets under management:** Undisclosed
- **Website:** bacweb.org
- **LinkedIn:** https://www.linkedin.com/company/international-union-of-bricklayers-and-allied-craftworkers

## Regulatory record

- **Reports private funds:** No

## About

The Bricklayers and Trowel Trades International Pension Plan was created in 1972 by the International Union of Bricklayers and Allied Craftworkers together with contractor associations. It operates as a multiemployer defined benefit plan whose assets are held for the exclusive purpose of paying benefits to covered union members. The plan maintains positions in commercial real estate vehicles including Building for America Fund III, AllianceBernstein U.S. Real Estate Partners II, and Heitman Value Partners Fund II. It also participates in Union Construction Financing and holds assets in the International Retirement Savings Plan and the BAC Save 401(k) Plan. All activity remains concentrated inside the United States. Timothy J. Driscoll and Robert J. Arnold hold senior roles at the sponsoring union and sit on the plan's board. No public data exists on total assets, professional headcount, or any transaction completed in the last 24 months.

## People

- Timothy J. Driscoll — President of BAC
- Robert J. Arnold — Secretary-Treasurer of BAC

## Questions

### Who runs investment decisions at the Bricklayers and Trowel Trades International Pension Plan?

A Board of Trustees composed of union and contractor representatives administers the plan and oversees its investments.

### How is the Bricklayers and Trowel Trades International Pension Plan funded?

The plan receives contributions exclusively from employers under collective bargaining agreements with the International Union of Bricklayers and Allied Craftworkers.

### Does the plan invest in real estate?

Yes. Confirmed holdings include Building for America Fund III, AllianceBernstein U.S. Real Estate Partners II, and Heitman Value Partners Fund II.

### What geographic scope does the plan cover?

The plan covers BAC members throughout the United States and maintains all listed investments inside the country.

### How does the plan relate to the International Union of Bricklayers and Allied Craftworkers?

The union founded the plan in 1972 and continues to appoint trustees and maintain related savings vehicles such as BAC SAVE.

## Related profiles

- [Bricklayers And Masons Local Union No. 5 Ohio Pension Fund](https://altss.com/profile/bricklayers-and-masons-local-union-no-5-ohio-pension-fund)
- [Bricklayers' Pension Trust Fund-Metropolitan Area](https://altss.com/profile/bricklayers-pension-trust-fund-metropolitan-area)

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Last updated: 2026-06-03T20:00:00.000Z

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