# Central Pennsylvania Teamsters Central Pennsylvania Teamsters is a Pension Fund based in Wyomissing, United States. ## Overview - **Organization type:** Pension Fund - **Headquarters:** Wyomissing, United States - **Region:** North America - **Address:** 1055 Spring Street, Wyomissing, PA 19610, United States - **Founded:** 1955 - **Assets under management:** Undisclosed - **Website:** centralpateamsters.com - **LinkedIn:** linkedin.com/company/central-pennsylvania-teamsters-pension-fund ## Regulatory record - **Reports private funds:** No ## About The Central Pennsylvania Teamsters Pension Fund represents a specific and increasingly prevalent breed of multiemployer plan: sharply concentrated, methodically counter-cyclical, and tightly aligned with the members whose retirement it secures. Governed by a Board of Trustees chaired by William M. Shappell and administered by Joseph J. Samolewicz, the fund draws contributions from a coalition of participating locals that includes Teamsters Local 776, Local 429, Local 771, Local 773, Local 764, Local 229, and Local 401. The fund office operates from a commercial property at 1055 Spring Street in Wyomissing, Pennsylvania, alongside a scholarship vehicle for members' families. The fund's strategy, in practice, looks less like a traditional 60/40 pension allocation and more like a specialist private-equity shop. Its dominant investment posture is secondaries — purchasing LP interests in existing private-market funds from other investors who need liquidity before the fund's term ends. This builds the portfolio across mature, income-generating assets in North America and beyond while typically capturing discounts to net asset value. The fund's structure leans heavily on fund commitments, buying into seasoned vehicles rather than direct co-investments or SPVs. The fund's scale and total deployment levels are not publicly disclosed, a common feature among Taft-Hartley plans that report via statutory filings rather than press releases. Its professional affiliations reflect a disciplined governance culture: membership in the International Foundation of Employee Benefit Plans (IFEBP), the primary educational organization for Taft-Hartley trustees, and the National Coordinating Committee for Multiemployer Plans (NCCMP), which advocates for the multiemployer system. What distinguishes this fund structurally is the single-strategy saturation — a move that would trigger diversification alarms in most pension committees but here reflects a bet that the secondaries market's structural inefficiency is large enough to absorb the entire corpus. The governance architecture — a Taft-Hartley board with equal union and employer trustees — means every allocation decision runs through a fiduciary lens calibrated for the members of participating locals like 771 and 773, not for institutional marketing narratives. ## Sectors - Secondaries & Special Situations ## People - William M. Shappell — Chairman of the Board of Trustees - Joseph J. Samolewicz — Fund Administrator ## Questions ### Is this a single-employer pension fund or a multiemployer plan? It is a multiemployer Taft-Hartley pension plan, drawing contributions from multiple Teamsters local unions across Pennsylvania. Participating locals include Teamsters 776, 429, 771, 773, 764, 229, and 401. Under Taft-Hartley rules, the board comprises an equal number of union and employer trustees, and the plan is covered by the Multiemployer Pension Reform Act framework. ### Does the fund participate in fund commitments or direct deals? The fund's strategy is built around secondaries, which means it purchases existing LP fund commitments from other investors rather than making primary commitments to blind-pool funds. Whether it also purchases direct secondary portfolios of company stakes alongside fund interests has not been publicly detailed. The structure is almost certainly fund-of-funds in nature, not direct co-investment or SPV-driven. ### What is the fund's relationship with the International Brotherhood of Teamsters? The International Brotherhood of Teamsters is the parent labor organization under whose umbrella the participating locals operate. The pension fund is an independent legal entity governed by its own board of trustees and is not managed by the IBT itself. The fund's beneficiaries are members of the named Pennsylvania locals, and contribution levels are bargained in each local's collective bargaining agreements. ## Related profiles - [Central Investment Holdings](https://altss.com/profile/central-investment-holdings) - [Central Wealth Management](https://altss.com/profile/central-wealth-management) --- Last updated: 2026-08-11T02:43:31.692Z Canonical page: https://altss.com/profile/central-pennsylvania-teamsters Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology