# Gulf Coast Carpenters and Millwrights Health Trust

Gulf Coast Carpenters and Millwrights Health Trust is a Pension Fund based in Goodlettsville, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Goodlettsville, United States
- **Region:** North America
- **Address:** Goodlettsville, TN, United States
- **Founded:** 2002
- **Assets under management:** Undisclosed
- **Website:** www.southernbenefit.com
- **LinkedIn:** http://www.southernbenefit.com/

## Regulatory record

- **Reports private funds:** No

## About

The Gulf Coast Carpenters and Millwrights Health Trust was established in 2002 as a private-sector, multiemployer defined-benefit plan providing medical, dental, and related benefits to participants. Its formation consolidated predecessor funds including the Texas Carpenters and Millwrights Health and Welfare Fund and the Louisiana Carpenters Health Benefits Fund under a single administrative umbrella managed by Southern Benefit Administrators, Inc. The trust sits within the broader ecosystem of the United Brotherhood of Carpenters and Joiners of America. The trust's investment strategy relies on a concentrated exposure to natural resources. Unlike plans that spread across a standard mix of public equities, fixed income, private equity, and real estate, this trust allocates its capital to a single, tangible asset class. Documents identify a diversified investment portfolio based in Goodlettsville as its primary other asset. The narrow mandate reflects the plan's structural posture — a benefits trust running a strategy uncommon among similarly sized multiemployer plans. Administration flows through Southern Benefit Administrators, Inc., which also oversees the related Central South Carpenters and Millwrights Defined Contribution Fund. Headcount and deployment figures are not publicly disclosed. No additional offices beyond the Goodlettsville headquarters are known. Structurally, the trust operates as a pure health-and-welfare fund — not a hybrid pension that mixes retirement and medical liabilities. This distinction roots its investment posture: the trust must deliver on near- and medium-term benefit obligations from a concentrated asset base, a governance challenge that separates it from diversified peer plans with longer-dated pension liabilities.

## Sectors

- Natural Resources

## People

- Southern Benefit Administrators, Inc. — Administrator

## Questions

### Who administers the Gulf Coast Carpenters and Millwrights Health Trust?

Southern Benefit Administrators, Inc. handles administration for the trust from Goodlettsville, Tennessee. The firm also manages the related Central South Carpenters and Millwrights Defined Contribution Fund.

### What unions are linked to the trust?

The trust operates under the umbrella of the United Brotherhood of Carpenters and Joiners of America. Its participants come from the union's Gulf Coast regional affiliates.

### How does the trust invest its assets?

The trust concentrates its investment portfolio in natural resources, an unusual level of focus for a multiemployer health plan. Most comparable plans spread allocations across a broader mix of asset classes.

### What predecessor funds merged to create this trust?

The Texas Carpenters and Millwrights Health and Welfare Fund and the Louisiana Carpenters Health Benefits Fund consolidated in 2002 to form the current Gulf Coast Carpenters and Millwrights Health Trust.

### Does the trust disclose its assets under management?

No. The trust does not publicly report an AUM figure, and no current third-party regulatory filing with a confirmed figure has been identified.

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Last updated: 2026-06-03T20:00:00.000Z

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