Pension Fund

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Roofers Union Local 20

Roofers Union Local 20 was established in 1966 as a multiemployer defined-benefit plan serving the roofing and waterproofing trades across Kansas and Missouri.

Roofers Union Local 20 logo

Roofers Union Local 20

Roofers Union Local 20 was established in 1966 as a multiemployer defined-benefit plan serving the roofing and waterproofing trades across Kansas and Missouri. The fund operates under the United Union of Roofers, Waterproofers, and Allied Workers, with Joseph Wiederkehr serving as Business Manager and fiduciary alongside President Mike Louis and Secretary Treasurer Jake Hummel. Signatory contractors from the Associated Roofing Contractors group fund the plan through collective-bargaining contributions. The plan allocates to private markets through a strategy concentrated in buyout funds and secondaries, a departure from the direct real estate bias common among building-trades pensions. Its property portfolio includes the Local 20 union hall on Blue Ridge Boulevard and a historical stake in Kansas City's United Labor Building, though the fund does not disclose manager names or partnership interests publicly. The investment approach reflects the constrained liquidity needs of a mature defined-benefit pool with a declining active-worker base relative to retirees. The fund runs an estimated $94 million in total assets, a figure derived from Form 5500 filings and plan-level actuarial data rather than any marketing disclosure. Governance sits with a board of trustees drawn jointly from union leadership and the Associated Roofing Contractors. The fund's regional footprint is concentrated in the Kansas City metropolitan area, with no satellite offices. Adjacent structures include the Roofers Local 20 Training Fund, a separate labor-management entity that provides apprenticeship and continuing education for the local's active membership. What distinguishes the Local 20 plan from its Taft-Hartley peers is its movement into secondaries as a core allocation sleeve — a structural posture more common among larger state funds than among local union pensions with sub-$100M in assets. The training fund operates independently from retirement assets, creating a rare institutional separation between workforce development capital and pension liabilities for a plan of this size.

General information

Firm type

Pension Fund

Year founded

1966

Location

Region

North America

Country

United States

City

Raytown

Corporate office

6321 Blue Ridge Boulevard, Raytown, MO 64133, United States

Principals

Joseph Wiederkehr

Business Manager

Mike Louis

President

Jake Hummel

Secretary Treasurer

James Dixon

Executive Board Member

Sector focus

Real EstatePrivate EquitySecondaries & Special Situations

Frequently asked questions

Who oversees investment decisions for the Roofers Union Local 20 pension?

A board of trustees governs the fund, with representation from both the union — Business Manager Joseph Wiederkehr, President Mike Louis, and Secretary Treasurer Jake Hummel — and the Associated Roofing Contractors, the signatory employer group. Specific delegation to an investment consultant or outsourced CIO has not been publicly disclosed.

How is the Roofers Local 20 pension funded?

The plan is funded through collective-bargaining contributions from roofing and waterproofing contractors bound by agreements with Local 20. Employer contribution rates are negotiated as part of the union's master labor agreements covering Kansas and Missouri jurisdictions, directly with the Associated Roofing Contractors.

What asset classes does the Local 20 fund allocate to?

The fund's alternative-asset portfolio concentrates on private equity buyout strategies and secondaries, a relatively lean mix for a plan of its size. Real estate holdings include the union hall at 6321 Blue Ridge Boulevard and a historical interest in Kansas City's United Labor Building, reflecting the direct-property foundation common among building-trades pensions.

Is the fund in a healthy funding position?

Specific funding ratios are not publicly disclosed by the plan, though multiemployer roofing-industry plans nationwide have faced demographic headwinds as active-worker counts decline relative to retiree rolls. The fund's estimated $94 million asset base and its secondaries allocation suggest a posture focused on liquidity management and mature-plan capital preservation.

How is the training fund separated from pension assets?

The Roofers Local 20 Training Fund operates as a distinct labor-management trust, funded through separate contributions that may not be commingled with pension assets under ERISA. It provides apprenticeship programs and continuing education for active union members, not retirement or disability benefits.

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