# FELRA & UCFW Pension Plan

FELRA & UCFW Pension Plan is a Pension Fund based in Sparks, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Sparks, United States
- **Region:** North America
- **Address:** Sparks, MD, United States
- **Assets under management:** Undisclosed
- **Website:** http://www.associated-admin.com

## Regulatory record

- **Reports private funds:** No

## About

The FELRA & UCFW Pension Plan operates as a jointly-trusteed multiemployer defined-benefit plan, sponsored by the Food Employers Labor Relations Association and affiliated locals of the United Food and Commercial Workers International Union. Major contributing employers include Giant Food and Safeway. The plan's governance is split between employer-designated trustees and union-designated trustees, whose appointments are public record. Investment strategy focuses on capital preservation and income generation typical of a mature multiemployer pension plan. Disclosed holdings include a global mixed-use real assets vehicle. The plan is administered from Sparks, Maryland. It participates in the Health Care Cost Containment Corporation of the Mid-Atlantic Region for collective healthcare bargaining. The Special Financial Assistance allocation, received under the American Rescue Plan Act, constitutes a significant liquidity event, expected to sustain full benefit payments through at least 2051. What distinguishes this plan structurally is its status as a PBGC Special Financial Assistance recipient, a cohort of roughly 200 multiemployer plans receiving federal backstops. This assistance effectively shifts a portion of the plan's longevity risk to the federal government, altering the typical actuarial liability profile and permitting a slightly different investment posture than a purely self-funded multiemployer plan. Its union-employer governance structure remains the dominant operational framework.

## Sectors

- Real Estate

## People

- Dyana Forester — Trustee
- Jason Chorpenning — Trustee

## Questions

### What is the governance structure of the FELRA & UCFW Pension Plan?

The plan operates under a joint board of trustees appointed equally by the Food Employers Labor Relations Association and participating UFCW local unions. Trustees Dyana Forester (UFCW Local 400) and Jason Chorpenning (UFCW Local 27) represent labor on the board. Employer trustees are appointed by FELRA. This Taft-Hartley structure is standard for multiemployer plans in the grocery industry.

### Which employers contribute to the plan?

Major participating employers include Giant Food, LLC and Safeway Inc., both of which bargain with UFCW locals through the Food Employers Labor Relations Association. The plan covers unionized workers at supermarket chains and food distribution centers in the Mid-Atlantic region. The number of contributing employers fluctuates based on collective bargaining agreements.

### Did the plan receive federal financial assistance, and if so, what was the amount?

Yes, the Pension Benefit Guaranty Corporation approved Special Financial Assistance for the plan in July 2022 under the American Rescue Plan Act. The specific dollar amount is public record through PBGC filings. SFA is designed to ensure the plan can pay full benefits through at least 2051 without reductions.

### Is the plan a single-employer or multiemployer plan?

It is a multiemployer defined-benefit pension plan, jointly sponsored by FELRA and UFCW locals. Multiemployer plans cover workers across multiple unrelated employers within the same industry and geography. This structure means contribution levels and benefit formulas are set through collective bargaining rather than single-employer board decisions.

## Related profiles

- [Feiyun Real Estate Investment Group](https://altss.com/profile/feiyun-real-estate-investment-group)
- [Feltl Advisors](https://altss.com/profile/feltl-advisors)

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Last updated: 2026-08-11T02:43:31.692Z

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