Electricians Pension Plan, IBEW 995

Investment oversight rests with a joint board of trustees composed of union representatives from IBEW Local 995 and management representatives from signatory NECA contractors. Taft-Hartley plans require equal representation between labor and management on fiduciary matters. The board typically retains an institutional investment consultant to recommend asset allocation and manager selection, though the specific consultant for this plan is not publicly identified.

The plan is funded solely through employer contributions negotiated in collective bargaining agreements between IBEW Local 995 and signatory contractors affiliated with the National Electrical Contractors Association. The contribution rate is calculated as a fixed dollar amount per hour worked by each covered electrician. Participants do not contribute directly; the entire funding obligation falls on contributing employers, a structure standard across building-trades Taft-Hartley plans.

As a single-local Taft-Hartley plan of likely modest asset size, the trust almost certainly invests through external institutional managers, commingled funds, and possibly fund-of-funds structures for alternative asset classes. Direct co-investments or separate accounts are uncommon at this scale. The exact manager roster would be disclosed in annual Form 5500 Schedule C filings.

Standard asset classes for a defined-benefit Taft-Hartley plan of this type typically include US and international public equities, investment-grade and high-yield fixed income, core or core-plus real estate, and potentially small allocations to private equity, infrastructure, or private credit — depending on funded status, liquidity needs, and trustee risk tolerance. No public asset allocation breakdown is available for this plan.

The plan is locally administered and covers only members of IBEW Local 995 in the Baton Rouge region. It is not part of the IBEW's national pension fund structure. Like most building-trades locals, IBEW 995 operates its own trust independently, though benefit reciprocity agreements with other IBEW locals and the National Electrical Benefit Fund may exist for members who work across jurisdictions.

Because the covered workforce is concentrated in Louisiana's Gulf Coast industrial corridor — a region dependent on petrochemical, refinery, and power-generation construction — the plan's liability and funding risk correlates with regional capital-project cycles. A downturn in industrial construction along the Gulf Coast reduces employer contribution hours, increasing pressure on the trust's funded status precisely when asset returns may also face regional economic headwinds.

As an ERISA-governed plan, the trust files annual Form 5500 reports with the Department of Labor, which are publicly accessible through the DOL's EFAST2 system. These filings disclose asset totals, contribution receipts, benefit payments, and fees paid to service providers. The plan's EIN and plan number are required for lookup; these can be obtained from the plan's summary annual report or the DOL database.