# Michiana Area Electrical Workers Pension Fund

Michiana Area Electrical Workers Pension Fund is a Pension Fund based in Lansing, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Lansing, United States
- **Region:** North America
- **Address:** Lansing, MI, United States
- **Founded:** 1972
- **Assets under management:** $186M (Altss estimate)
- **Website:** ibew153benefits.org
- **LinkedIn:** http://www.ibew153benefits.org/

## Regulatory record

- **Reports private funds:** No

## About

The Michiana Area Electrical Workers Pension Fund launched in 1972 as a defined-benefit Taft-Hartley multi-employer plan, formed through agreements between IBEW Local 153 and the Northern Indiana Chapter of the National Electrical Contractors Association (NECA). Trustees are split between labor and management — Roger Dosmann of Herrman & Goetz and Eric Grounds serve as chairmen, while Corey Noland of IBEW Local 153 and Kevin Stewart act as secretaries. Participating employers, such as EMCOR Group, contribute to the pooled assets that underwrite retirement, disability, and death benefits for career electrical workers in northern Indiana and southern Michigan. The fund deploys capital across four primary sleeves: private equity through fund-of-funds and buyout strategies, commercial real estate funds, investment-grade debt instruments, and high-yield debt instruments alongside cash equivalents. Geographic exposure sits entirely within the United States. The private equity program emphasizes buyout funds, and the real estate allocation focuses on US commercial properties. No direct co-investment or SPV activity is disclosed. The plan's total assets are estimated at $186M (Altss estimate), but the fund does not publicly disclose its AUM, nor the size of its internal investment team. The board of trustees — comprised of both union and management representatives — governs all investment decisions. No separate investment committee, CIO, or dedicated internal staff is identified. The fund's only public digital presence is a basic informational site at ibew153benefits.org, which houses plan documents rather than performance or allocation detail. Structurally, this is a classic jointly-trusteed plan where fiduciary responsibility is divided between labor and management appointees. The board composition — chairs from both a signatory contractor (Herrman & Goetz) and the union, with NECA and IBEW 153 secretaries — ensures parity governance. Unlike corporate pensions that report through a CFO or risk committee, this fund's oversight lives entirely within the collective-bargaining ecosystem, tying its investment posture directly to the electrical contracting industry's fortunes in the Great Lakes region.

## Sectors

- Real Estate
- Private Equity
- Buyout
- Secondaries & Special Situations

## People

- Roger Dosmann — Chairman of the Board of Trustees
- Corey Noland — Secretary of the Board of Trustees
- Eric Grounds — Chairman of the Board of Trustees
- Kevin Stewart — Secretary of the Board of Trustees

## Questions

### Who runs investment decisions at the Michiana Area Electrical Workers Pension Fund?

The board of trustees directly governs all investment decisions. It is a jointly-trusteed body split between labor and management. Roger Dosmann of Herrman & Goetz and Eric Grounds have served as board chairmen, while Corey Noland of IBEW Local 153 and Kevin Stewart have held the secretary role. No separate investment committee or chief investment officer is disclosed.

### How does this pension fund source its capital?

Capital is pooled from hourly contributions paid by signatory electrical contractors under collective bargaining agreements. Employers such as EMCOR Group and firms affiliated with the Northern Indiana Chapter of NECA remit contributions to fund the defined-benefit plan. The fund is a Taft-Hartley multi-employer plan, meaning no single employer bears the full plan liability.

### What asset classes does the fund allocate to?

The portfolio includes commercial real estate funds, investment-grade debt instruments, high-yield debt instruments, and cash equivalents, all based in the United States. The private equity allocation is executed through fund-of-funds and buyout strategies. No venture, direct lending, or international exposures are identified.

## Related profiles

- [Healthcare Foundation of New Jersey](https://altss.com/profile/healthcare-foundation-of-new-jersey)
- [United Food and Commercial Workers Local 1546 Pension Plan](https://altss.com/profile/united-food-and-commercial-workers-local-1546-pension-plan)

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

Canonical page: https://altss.com/profile/michiana-area-electrical-workers-pension-fund

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