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OLDC-Ohio Contractors' Association Insurance Fund
OLDC-Ohio Contractors' Association Insurance Fund is a private sector pension fund based in Westerville, Ohio. It manages approximately $179 million in assets,...
OLDC-Ohio Contractors' Association Insurance Fund
OLDC-Ohio Contractors' Association Insurance Fund is a private sector pension fund based in Westerville, Ohio. It manages approximately $179 million in assets, primarily serving the North American region.
General information
Firm type
Pension Fund
Year founded
2007
Location
Region
North America
Country
United States
City
Westerville
Corporate office
Westerville, OH, United States
Principals
William Brown
Chief Financial Officer and Controller
Joseph Igel
Trustee; Vice President at George J. Igel & Company, Inc.
Andy Leffler
Trustee; associated with Shelly and Sands, Inc.
Sector focus
Frequently asked questions
How is the fund governed, and who are the trustees?
Governance follows the Taft-Hartley model with an equal number of labor and management trustees. Labor trustees are appointed by the Ohio Laborers' District Council (LIUNA). Management trustees include Joseph Igel of George J. Igel & Company, Inc. and Andy Leffler of Shelly and Sands, Inc. Trustees jointly approve benefit plans, select service providers, and oversee the fund's actuarial soundness.
Is the OLDC-Ohio Contractors' Association Insurance Fund the same as the LDC&C Pension Fund of Ohio?
No, though they are sister funds sharing overlapping trusteeship and administration. The Insurance Fund provides health and welfare benefits; the LDC&C Pension Fund of Ohio provides defined-benefit pension payments to the same or similar pool of union laborers. They are legally distinct trusts with separate assets and obligations.
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