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Electricians Pension Plan (IBEW) Local #995
The Electricians Pension Plan (IBEW) Local #995 represents the retirement security of union electricians working for signatory contractors under a collective...
Electricians Pension Plan (IBEW) Local #995
The Electricians Pension Plan (IBEW) Local #995 represents the retirement security of union electricians working for signatory contractors under a collective bargaining agreement in the Baton Rouge area. Jason Dedon serves as plan administrator, with Kirk Rispone as the plan sponsor representative, overseeing a Taft-Hartley multi-employer structure where both labor and management trustees share fiduciary responsibility. Contributions flow from IBEW Local 995 members and National Electrical Contractors Association (NECA) contractors operating in and around Louisiana's capital region. The plan's alternative investment posture skews heavily toward secondaries and real estate rather than primary fund commitments. Real assets exposure includes a position in the ASB Allegiance Real Estate Fund, a core institutional real estate vehicle focused on U.S. mixed-use properties. The fund also allocates capital through common and collective investment trusts and pooled separate accounts — structures typical among midsize Taft-Hartley plans seeking cost-effective diversification without dedicated internal investment staff. Team size and precise total assets remain undisclosed. The plan operates without a publicly accessible website or LinkedIn presence — a profile consistent with a locally administered defined-benefit plan that outsources investment management to institutional consultants and fund-of-fund managers. Its affiliation with the broader IBEW network places it among hundreds of local union pension plans nationally, while its Baton Rouge location ties its membership base to petrochemical, industrial, and commercial electrical construction along the Gulf Coast. The plan's defining structural characteristic is its joint labor-management trusteeship model, which subjects investment decisions to fiduciary standards under ERISA. Unlike single-family offices or endowment-style investors, the board must balance return objectives with actuarial assumptions, participant demographics, and PBGC compliance — creating a conservative but durable governance framework. The heavy tilt toward secondaries suggests either a consultant-driven strategy emphasizing liquidity management or a deliberate bet on discounted PE fund interests acquired through intermediary relationships.
General information
Firm type
Pension Fund
Year founded
1970
AUM
<$500M (Altss estimate)
Location
Region
North America
Country
United States
City
Baton Rouge
Corporate office
Baton Rouge, LA, United States
Principals
Jason Dedon
Plan Administrator
Kirk Rispone
Plan Sponsor Representative
Sector focus
Frequently asked questions
Who runs investment decisions at the IBEW Local 995 Pension Plan?
Investment oversight rests with a joint board of trustees composed of labor representatives from IBEW Local 995 and management trustees from signatory NECA contractors. Day-to-day administration is handled by plan administrator Jason Dedon, while investment consulting and manager selection are typically outsourced to an external institutional advisor. The plan operates under ERISA fiduciary standards, requiring decisions to be made solely in the interest of plan participants.
How does the plan access alternative investments given its local footprint?
The plan gains alternatives exposure predominantly through pooled vehicles rather than direct deals. Known positions include the ASB Allegiance Real Estate Fund, a core institutional real estate commingled vehicle, alongside allocations to common and collective investment trusts and pooled separate accounts. This structure suits midsize Taft-Hartley plans that lack dedicated in-house investment staff but still seek diversification beyond public equities and fixed income.
What is the plan's posture on private equity secondaries?
Secondaries represent a consistent theme across the plan's alternative portfolio, as identified through public records. For a pension fund of this scale, secondary commitments can provide vintage-year diversification, shorter duration to liquidity, and discounted entry points relative to primary fund commitments — all while smoothing the J-curve that small primary portfolios often face.
Where does the underlying capital come from?
Contributions derive from collectively bargained employer contributions paid by NECA-affiliated electrical contractors on behalf of IBEW Local 995 members. These contributions are negotiated as part of labor agreements governing wages and benefits for union electricians working in the Baton Rouge metropolitan area and surrounding parishes.
Does the plan maintain any co-investment or direct investment capabilities?
Based on available public records, the plan does not engage in direct co-investments or proprietary deal-making. Its alternatives exposure is delivered entirely through institutional fund vehicles, pooled separate accounts, and collective trusts — an approach consistent with the governance constraints and staffing model of a locally administered Taft-Hartley fund.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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