Pension Fund

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Martin Marietta Materials Defined Benefit Plans Master Retirement Trust

Martin Marietta Materials Defined Benefit Plans Master Retirement Trust is a pension fund based in Raleigh, founded 1994; the Altss profile covers its...

Martin Marietta Materials Defined Benefit Plans Master Retirement Trust logo

Martin Marietta Materials Defined Benefit Plans Master Retirement Trust

A leading supplier of construction aggregates and heavy building materials, with over 500 locations spanning 30 states, Canada and the Caribbean.

General information

Firm type

Pension Fund

Year founded

1994

Location

Region

North America

Country

United States

City

Raleigh

Corporate office

Raleigh, NC, United States

Principals

C. Howard Nye

Chairman, President, and CEO of Martin Marietta Materials, Inc.

James A. J. Nickolas

Executive Vice President and Chief Financial Officer

Craig LaTorre

Senior Vice President and Chief Human Resources Officer

Sector focus

Real EstateInfrastructurePrivate Credit

Frequently asked questions

Who is responsible for investment decisions at the trust?

Fiduciary oversight rests with the senior leadership of Martin Marietta Materials, Inc. C. Howard Nye, Chairman and CEO, and James A. J. Nickolas, CFO, are the named executive officers with proximate responsibility. The plan does not publish a dedicated CIO role or investment committee roster.

How is the trust funded and structured?

The trust is a corporate defined-benefit plan funded by contributions from Martin Marietta Materials, Inc. It operates as a single-employer plan without external limited partners. The parent company's obligation to fund the plan creates a direct link between Martin Marietta's operating performance and the trust's capitalization.

What asset classes does the trust invest in?

Known allocations include private real estate through mixed-use property investments, private infrastructure positions, and a debt securities portfolio. The trust's investment focus reflects the parent company's construction-materials industry expertise rather than a diversified multi-asset endowment model.

Is the trust active in direct private equity or venture capital?

No publicly disclosed direct private equity or venture capital commitments have been identified. The trust's known private-market exposure concentrates on real estate and infrastructure, consistent with a pension plan that favors tangible, income-generating assets.

Does the trust co-invest alongside other institutional investors?

There is no public record of a formal co-investment program or club-deal structure. The trust appears to invest directly or through fund commitments without an established practice of syndicating with peer pensions or endowments.

What is the trust's geographic investment focus?

The trust's investments are concentrated in the United States, aligning with Martin Marietta Materials' domestic operational footprint across roughly 500 quarries, rail yards, and distribution terminals. No material international allocation strategy has been publicly disclosed.

How is the trust's philanthropy separated from plan assets?

The Martin Marietta Materials, Inc. Corporate Giving Program operates as a separate entity from the defined-benefit trust. Plan assets are exclusively directed toward funding employee pension obligations, with no reported commingling with the corporate foundation.

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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