# Meijer Pension Plan

Meijer Pension Plan is a Pension Fund based in Grand Rapids, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Grand Rapids, United States
- **Region:** North America
- **Address:** Grand Rapids, MI, United States
- **Assets under management:** Undisclosed
- **Website:** digital.alight.com/meijer

## Regulatory record

- **Reports private funds:** No

## About

The Meijer Pension Plan operates as the defined-benefit arm of Meijer, Inc., the Grand Rapids-based supercenter chain founded in 1934. It provides lifetime retirement income to eligible team members. Governance ties directly to the parent company: Hendrik G. Meijer serves as Co-Chairman and CEO, Richard P. Keyes as President and CEO, and former Humana CEO Michael B. McCallister sits on the board of directors. The plan’s Hourly component was established through collective bargaining with the United Food and Commercial Workers union. The investment structure funnels assets through the Meijer Master Pension Trust, which concentrates on an Investment Grade Fixed Income Portfolio. This liability-driven approach reflects the plan’s defined-benefit mandate — prioritizing stable, duration-matched returns over growth-oriented equity or alternative strategies. The portfolio is U.S.-focused, consistent with the sponsor’s domestic operating footprint. The plan supplements benefits from a separate Meijer 401(k) Retirement Plan. Administrative functions are outsourced to Alight Solutions, which hosts the plan’s participant portal. No direct co-investment programs, venture allocations, or real-asset sleeves have been publicly disclosed. Recent regulatory filings provide no evidence of strategy shifts or asset-class expansions. The Meijer Pension Plan’s architecture is inseparable from its sponsor and its union relationships. Unlike public pensions subject to transparency mandates, it operates as a corporate plan with limited external disclosure. The bargaining relationship with the UFCW and the plan’s reliance on fixed-income instruments distinguish it from the endowment-style models adopted by many large private-sector retirement trusts.

## People

- Hendrik G. Meijer — Co-Chairman and CEO, Meijer, Inc.
- Richard P. Keyes — President and CEO, Meijer, Inc.
- Michael B. McCallister — Director, Meijer, Inc.

## Questions

### Who oversees investment decisions for the Meijer Pension Plan?

Investment oversight ultimately flows from Meijer, Inc.'s leadership, including Co-Chairman Hendrik G. Meijer and President Richard P. Keyes. Director Michael B. McCallister brings additional benefits and healthcare governance experience from his tenure as CEO of Humana. Day-to-day asset-management responsibilities are not publicly disclosed.

### How is the Meijer Pension Plan funded and structured?

The plan is a defined-benefit corporate pension sponsored by Meijer, Inc. and funded through the Meijer Master Pension Trust. Its Hourly component was created through collective bargaining with the United Food and Commercial Workers union. The plan operates alongside a separate Meijer 401(k) Retirement Plan.

### What investment strategy does the Meijer Pension Plan employ?

The plan follows a liability-driven approach centered on an Investment Grade Fixed Income Portfolio. The strategy is designed to match pension liabilities with stable, duration-sensitive returns. No public disclosures indicate allocations to private equity, venture capital, or real assets.

### Does the Meijer Pension Plan invest directly or through external managers?

The plan’s structure does not identify direct co-investment programs or club deals. Assets are aggregated through the Meijer Master Pension Trust. Specific external manager relationships are not publicly reported.

## Related profiles

- [Meggitt Group Pension Plan](https://altss.com/profile/meggitt-group-pension-plan)
- [Meiji Group Pension Fund](https://altss.com/profile/meiji-group-pension-fund)

---

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

Canonical page: https://altss.com/profile/meijer-pension-plan

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology