# Northern California Plastering Industry Pension Plan

Northern California Plastering Industry Pension Plan is a Pension Fund based in Dublin, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Dublin, United States
- **Region:** North America
- **Address:** Dublin, CA, United States
- **Founded:** 1965
- **Assets under management:** Undisclosed
- **Website:** https://plasterersbenefits.com

## Regulatory record

- **Reports private funds:** No

## About

Northern California Plastering Industry Pension Plan is a defined benefit plan serving California-based employees in the biotech and life science sectors. It operates in the United States.

## Sectors

- Real Estate
- Secondaries & Special Situations
- Private Credit

## People

- Chester Murphy — Chairman and Union Trustee
- Jim Taylor — Secretary and Employer Trustee

## Questions

### Who governs the Northern California Plastering Industry Pension Plan?

The plan is jointly trusteed under Taft-Hartley rules. Chester Murphy serves as Chairman and Union Trustee, representing participating union locals. Jim Taylor serves as Secretary and Employer Trustee, representing the signatory contractors of the Wall and Ceiling Alliance. The board structure balances labor and management interests, as required by ERISA for multi-employer defined-benefit plans.

### How does the plan invest its assets?

The plan concentrates on real estate and secondary-market fund stakes tied to union labor standards. Known commitments include the AFL-CIO Housing Investment Trust, which finances multifamily and mixed-use projects, and ULLICO's J for Jobs program, targeting commercial developments that use union workers. This approach aligns investment returns with the construction-employment mission of the participating locals.

### Which union locals participate in this pension plan?

Three Operative Plasterers' and Cement Masons' International Association locals participate: Local 66, Local 300, and Local 797. These locals represent plasterers, shophands, and cement masons across Northern California. The Wall and Ceiling Alliance serves as the employer association for signatory contractors who contribute to the plan on behalf of their union workforce.

### Is this plan's asset size publicly available?

No current Form 5500 filing or publicly released annual report provides the plan's total assets. The plan maintains no website and does not disclose AUM through press releases or trustee statements. This opacity is typical of smaller occupation-specific Taft-Hartley funds that are not subject to public-records laws and file disclosures without proactive dissemination.

### How does this plan relate to the Wall and Ceiling Alliance?

The Wall and Ceiling Alliance acts as the multi-employer bargaining group representing signatory contractors who contribute to the pension plan. These contractors employ union plasterers and cement masons across the three participating locals. The Alliance's labor agreements set the contribution rates that fund the plan's defined-benefit obligations, making it the employer-facing counterpart to the union-trustee side of plan governance.

## Related profiles

- [Northern California Electrical Workers Pension Plan](https://altss.com/profile/northern-california-electrical-workers-pension-plan)
- [Northern California Tile Industry Pension Plan](https://altss.com/profile/northern-california-tile-industry-defined-benefit-pension-plan)

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

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