# Local Union No. 124 I.B.E.W. Pension Trust Fund

Local Union No. 124 I.B.E.W. Pension Trust Fund is a Pension Fund based in Kansas City, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Kansas City, United States
- **Region:** North America
- **Address:** 305 East 103 Road Terrace, Kansas City, Missouri, United States
- **Assets under management:** 352 (Altss estimate)
- **Website:** ibew124benefits.org
- **LinkedIn:** https://www.linkedin.com/company/ibew-local-124

## Regulatory record

- **Reports private funds:** No

## About

The Local Union No. 124 I.B.E.W. Pension Trust Fund operates as a multiemployer defined benefit plan tied to I.B.E.W. Local Union No. 124. It delivers retirement benefits to eligible participants in the Kansas City electrical contracting sector. The fund lists the National Electrical Contractors Association Kansas City Chapter as a co-sponsor. Portfolio construction centers on common collective trusts valued at $156 million and registered investment companies at $88 million. Additional exposure includes a common stock portfolio of $38 million and corporate debt holdings of $15 million. The fund maintains a limited partner position in GCM Grosvenor Multi-Asset Class Fund II. Service providers include Cheiron as investment consultant and actuary, The Bank of New York Mellon as custodian, and Arnold Newbold Sollars & Hollins as legal counsel. The plan participates in IBEW and NECA industry associations. Governance links directly to the sponsoring union and contributing employers without separate family or founder succession structures.

## People

- Kevin Smith — Fund Administrator and Business Agent

## Questions

### Who runs investment decisions at Local Union No. 124 I.B.E.W. Pension Trust Fund?

Kevin Smith serves as fund administrator. Cheiron provides investment consulting and actuarial services.

### What asset classes does the fund hold?

Holdings include common collective trusts, registered investment companies, common stocks, and corporate debt.

### Which employers contribute to the plan?

Quanta Services and MDU Resources Group are named contributing employers.

### How is the fund structured relative to the union?

It functions as the pension vehicle for I.B.E.W. Local Union No. 124 with co-sponsorship from the NECA Kansas City Chapter.

### Does the fund use external managers or vehicles?

Yes. It holds a limited partner interest in GCM Grosvenor Multi-Asset Class Fund II.

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

Canonical page: https://altss.com/profile/local-union-no-124-i-b-e-w-pension-trust-fund

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