# New Orleans Steamship Association / International Longshoremen's Association (ILA) Pension & Welfare Funds

New Orleans Steamship Association / International Longshoremen's Association (ILA) Pension & Welfare Funds is a Pension Fund based in New Orleans, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** New Orleans, United States
- **Region:** North America
- **Address:** New Orleans, LA, United States
- **Founded:** 1950
- **Assets under management:** $100M – $499M (Altss estimate)

## Regulatory record

- **Reports private funds:** No

## About

The New Orleans Steamship Association is based at 2020 St. Charles Avenue, New Orleans, LA 70130. Founded by the International Longshoremen's Association (ILA), the organization focuses on ensuring tourism benefits all New Orleans residents. Its investment areas include the tourism industry, visitor spending, cultural preservation, job creation, and tax revenues.

## Sectors

- Infrastructure
- Private Credit
- Corporate Bonds

## People

- Nick Jumonville — Employer Co-Chairman and Trustee (representing MidGulf Association of Stevedores)
- Dwayne Boudreaux — Union Co-Chairman and Trustee (representing ILA Local 2036)
- Thomas Daniel — Plan Administrator for the Pension and Welfare Funds

## Questions

### Who are the trustees of the New Orleans Steamship Association / ILA Pension Fund?

The fund is jointly trusted. Employer trustees are appointed by the MidGulf Association of Stevedores (successor to the New Orleans Steamship Association) with Nick Jumonville serving as Employer Co-Chairman. Union trustees represent ILA Locals 2036 and 3000, with Dwayne Boudreaux as Union Co-Chairman (per the plan's Form 5500 filings).

### Why is the fund relatively small compared to other Taft-Hartley plans?

The Port of New Orleans is a mid-sized container port relative to Gulf Coast peers like Houston or Mobile. Covered employment fluctuates with shipping volumes, and the plan covers only ILA Locals 2036 and 3000 rather than the entire port workforce. Combined with a conservative investment strategy, the fund's asset base has grown slowly.

### Does the fund offer defined contribution plans in addition to the pension?

The publicly filed Form 5500 covers only the defined benefit pension plan. The New Orleans Stevedoring industry also maintains a separate welfare fund providing health and other benefits, but there is no publicly disclosed 401(k) or DC plan for the covered group.

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

Canonical page: https://altss.com/profile/new-orleans-steamship-association-international-longshoremens-association-ila

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