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RCM Industries, Inc. Defined Benefit Pension Plan
RCM Industries, Inc. Defined Benefit Pension Plan was established in 1963 to provide retirement benefits for employees of the Illinois-based industrial...
RCM Industries, Inc. Defined Benefit Pension Plan
RCM Industries, Inc. Defined Benefit Pension Plan was established in 1963 to provide retirement benefits for employees of the Illinois-based industrial manufacturer and its subsidiaries. The plan operates under the trusteeship of Chairman Robert C. Marconi, with administrative oversight from Vernon Reizman and corporate management led by CEO Dan Twarog and CFO Robert McFarlin. RCM Industries, a privately held die-casting and metal components producer, anchors the plan's sponsor relationship — a structure typical of legacy manufacturing firms maintaining pension obligations for a defined pool of beneficiaries. The parent company is an active member of the North American Die Casting Association, reflecting its core industrial identity. The plan's investment strategy is oriented almost exclusively toward buyout vehicles, making it a focused allocator to private equity rather than a diversified multi-asset pension. As a small corporate defined benefit plan, its deployment is concentrated, reflecting the scale limitations of a sub-$50 million asset pool. The plan's known asset base includes direct industrial real estate holdings in Franklin Park, Illinois — notably, the RCM Industries headquarters at 3021 Cullerton Drive and a related entity, Sonco Real Estate LLC. These holdings suggest a bias toward hard assets and sponsor-adjacent investments, a common trait among family-founded industrial company pensions where the plan and the operating business share a physical footprint. As of mid-2026, the plan reports approximately $9 million in total assets, based on Altss research estimates drawn from Department of Labor filings. This places it in the micro-pension category, where capital stewardship is typically handled by a small trustee group without a dedicated internal investment staff. The plan is complemented by a separate RCM Industries, Inc. 401(k) and Profit Sharing Plan, offering a newer defined contribution vehicle alongside the legacy defined benefit structure. The administrative hub remains in Franklin Park, where the sponsor has operated for over six decades. What distinguishes the RCM pension from pooled institutional funds is its architecture as a single-sponsor defined benefit plan with direct real asset exposure and a buyout-only mandate. This concentration — uncommon in larger, professionally staffed pension systems — creates a binary risk posture where plan health is tightly correlated with both the sponsor's industrial performance and the illiquid private equity portfolio. The absence of liquid public market diversification makes this plan an outlier among traditional US corporate pensions, functioning more like a captive investment vehicle than a broadly diversified retirement fund.
General information
Firm type
Pension Fund
Year founded
1963
Location
Region
North America
Country
United States
City
Franklin Park
Corporate office
3021 Cullerton Drive, Franklin Park, IL 60131, United States
Principals
Robert C. Marconi
Chairman and Trustee
Dan Twarog
Chief Executive Officer
Robert McFarlin
Chief Financial Officer
Vernon Reizman
Benefits Administrator
Sector focus
Frequently asked questions
Who oversees investment decisions for the RCM Industries pension plan?
The plan operates under a trustee governance structure chaired by Robert C. Marconi, founder of RCM Industries. Administrative duties, including day-to-day management of plan operations, fall to Benefits Administrator Vernon Reizman. There is no disclosed external investment committee or outsourced chief investment officer — typical for plans of this scale, where corporate officers and trustees make allocation decisions internally.
What is the plan's investment allocation strategy?
The plan is almost singularly focused on buyout strategies, according to its reported investment positioning. Unlike larger pension funds that diversify across public equities, fixed income, and real assets, this plan channels its limited asset pool through private equity buyout vehicles. Real estate holdings tied to the sponsor's industrial operations — including the company headquarters in Franklin Park — may also factor into the plan's underlying asset base.
How large is the RCM Industries Defined Benefit Pension Plan?
Based on an analysis of Department of Labor filings, Altss estimates the plan holds approximately $9 million in total assets. The plan has not publicly disclosed assets under management. This scale is consistent with small corporate defined benefit plans sponsored by privately held manufacturing firms with a concentrated pool of covered employees and retirees.
Is the RCM pension connected to other retirement vehicles at the company?
Yes — RCM Industries also sponsors a 401(k) and Profit Sharing Plan, a defined contribution vehicle that exists alongside the legacy defined benefit pension. The defined benefit plan represents the older obligation, likely frozen or limited to a closed group of legacy employees, while the 401(k) serves the current workforce. The two plans are administratively separate but managed under the same corporate umbrella in Franklin Park.
What is the relationship between the pension plan and the sponsor's industrial real estate?
The plan's sponsor, RCM Industries, directly owns the headquarters facility at 3021 Cullerton Drive in Franklin Park, Illinois, through a related real estate entity, Sonco Real Estate LLC. While it is not publicly confirmed that the pension plan directly holds these properties, the close structural proximity between the sponsor's industrial assets and the plan's investment posture suggests potential crossover, a pattern common in small, closely held manufacturing pension trusts.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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