Pension Fund

Updated:

Lake Superior State University Pension Plan

Lake Superior State University Pension Plan was established to provide retirement benefits for university staff. Dr. David Travis leads the institution as...

Lake Superior State University Pension Plan logo

Lake Superior State University Pension Plan

Lake Superior State University Pension Plan was established to provide retirement benefits for university staff. Dr. David Travis leads the institution as president while Morrie Walworth manages finance and operations as treasurer to the eight-member Board of Trustees appointed by the Governor of Michigan. The plan allocates across public equities, fixed income, and real assets. Confirmed holdings include SPDR Gold Trust positions. Geographic focus remains domestic with primary operations in Michigan and limited exposure through the Nebraska Educational Savings Plan Trust network. The plan reports an estimated $118 million in assets. It maintains ties to the Lake Superior State University Foundation and participates in the Quinnipiac G.A.M.E. Forum through the university investment club. No operational events from the last 24 months appear in available records. Governance flows through the Michigan Public School Employees Retirement System for pre-1996 hires, creating a hybrid structure that blends state oversight with university-level administration.

Website
lssu.edu
LinkedIn
lssu.edu

General information

Firm type

Pension Fund

Year founded

1668

Location

Region

North America

Country

United States

City

Sault Ste. Marie

Corporate office

Sault Ste. Marie, Michigan, United States

Principals

Dr. David Travis

President of Lake Superior State University

Morrie Walworth

Vice President of Finance and Operations; Treasurer to the Board of Trustees

Mark Mayfield

Certified Financial Planner

Frequently asked questions

Who runs investment decisions at Lake Superior State University Pension Plan?

Morrie Walworth serves as Vice President of Finance and Operations and treasurer to the Board of Trustees. Mark Mayfield acts as a certified financial planner supporting the plan.

How is Lake Superior State University Pension Plan related to MPSERS?

The plan participates in the Michigan Public School Employees Retirement System for employees hired before 1996 and also uses TIAA-CREF structures.

What asset classes does the plan hold?

Holdings include public market securities and SPDR Gold Trust positions along with university real estate assets such as the main campus and row houses.

Profile maintained by 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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