Greater Kansas City Laborers' Pension Plan

The Board of Trustees — jointly comprised of union and employer representatives — has ultimate fiduciary authority. Reginald Thomas (Chairman) and Donald E. Greenwell, III (Secretary) are named trustees. Day-to-day investment management is likely delegated to external consultants or outsourced CIO arrangements, though specific mandates are not publicly disclosed.

The plan's venture capital allocation is included alongside public equity, investment-grade debt, and high-yield debt as a named asset class. Whether deployment occurs via fund commitments, direct co-investments, or fund-of-funds is not publicly specified. Mid-sized Taft-Hartley funds of comparable profile typically access venture through limited-partner commitments to established VC firms rather than direct startup investing.

Yes. The plan covers members of Laborers' International Union of North America (LIUNA) Locals 264 and 1290, who work under collective bargaining agreements with contributing employers organized through The Builders' Association.

Contributions are made by construction-industry employers pursuant to collective bargaining agreements negotiated with LIUNA district councils and locals. The Builders' Association serves as the employer bargaining representative. All contributions are held in trust exclusively for the benefit of participating laborers and their beneficiaries.

The plan operates under a joint board structure mandated by the Taft-Hartley Act. Trustees are split between union-appointed representatives and employer-appointed representatives, creating bipartite oversight. All investment and administrative decisions must reflect ERISA fiduciary standards.