Iron Workers District Council of Southern Ohio and Vicinity Benefit Trust, Pension Trust, and Annuity Trust

Iron Workers District Council of Southern Ohio and Vicinity Benefit Trust, Pension Trust, and Annuity Trust

The Iron Workers District Council of Southern Ohio and Vicinity Benefit Trust, Pension Trust, and Annuity Trust was established in 1962 as a defined-benefit multi-employer vehicle for ironworkers across Ohio, Indiana, Kentucky, and West Virginia. Administrative Manager Penny Brown oversees plan compliance and fund operations from the trust's office in Vandalia, Ohio, while employer trustees from signatory contractors — including Ben Hur Construction Co., F.A. Wilhelm Construction Company, and SOFCO Erectors, Inc. — sit alongside union trustees from locals in Cincinnati, Dayton, Columbus, Indianapolis, and Louisville to govern the assets. The trust does not disclose a precise AUM figure, but Altss estimates total assets at roughly $984 million. The trust deploys capital across a diversified mix of asset classes. Publicly reported allocations include commercial real estate, public equity, and fixed-income portfolios, supplemented by common and collective trusts and a dedicated real estate allocation. The private-markets component is unusually broad for a regional Taft-Hartley plan: strategy tags confirmed through Altss research indicate commitments to buyout, growth equity, venture capital (from seed to late stage), distressed debt, mezzanine, natural resources, special situations, and co-investment multi-manager funds. The trust does not publicly disclose specific fund relationships or portfolio company names. The trust covers participants from nine Iron Workers locals. Board governance reflects the equal-representation model standard for Taft-Hartley trusts, with employer trustees drawn from signatory contractors and union trustees representing each participating local. The fund office, reachable at 937-454-1744 from 7:30 a.m. to 4:30 p.m. weekdays, handles pension calculations, annuity loans and disbursements, retiree health insurance, and employer contribution collection. The trust's plan auditor is Clark, Schaefer, Hackett & Co., with legal counsel from Johnson + Krol, LLC and consulting support from Marsh McLennan. The most distinctive structural feature is the plan's private-investment breadth relative to its size. Most Taft-Hartley plans of this scale concentrate heavily on public equities and fixed income; this trust's allocation to venture capital, distressed debt, and co-investment strategies — deployed through external managers rather than a direct-investment team — represents a deliberate, diversified approach to alternative return streams within the fiduciary constraints of a union pension plan.