RS Utility Structures 401(k) Plan

RS Utility Structures 401(k) Plan

RS Utility Structures 401(k) Plan operates as a single-sponsor corporate pension vehicle for RS Technologies Inc., the composite-utility-pole manufacturer founded and chaired by David Werklund. The firm runs production out of St. George, Utah, and Humble, Texas, serving North American utility and infrastructure end-markets. Werklund is also the principal behind the Werklund Family Office and its affiliated private equity vehicle, Werklund Growth Fund L.P., which owns RS Technologies. Howard Elliott serves as CEO, with Joel Tennison leading corporate development. The plan's asset pool is limited to the retirement contributions of the firm's production and corporate workforce. Direct investment disclosures are absent from public filings. The underlying sponsor, RS Technologies, manufactures fiberglass-reinforced composite poles for transmission, distribution, and substation applications, a niche that lands it inside the US electrical-infrastructure capex cycle. Operating locations include the St. George Production Facility at 1586 E Venture Dr and the Humble Texas Facility on Kenswick Drive. There is no indication the plan participates in outside private-fund commitments, co-investments, or third-party manager searches. The Werklund group's broader architecture includes the Werklund Family Office and the Werklund Growth Fund, which functions as a private equity platform. RS Technologies sits inside that fund's portfolio, making it an operating-company asset rather than a stand-alone family office entity. The 401(k) plan's fiduciaries and recordkeeper are not publicly named. No recent AUM figure, plan-level investment-policy statement, or participant count is disclosed. The plan maintains an IndustrySelect profile under custom pole manufacturing, consistent with the sponsor's main line of business. This structure is unusual: a manufacturing company's internal pension plan that exists as a line item inside a family office's private equity portfolio. Investment decisions are likely centralized with the Werklund group's internal finance function. The plan does not operate as an allocator to external managers in any visible sense, and its regulatory footprint — a small single-employer 401(k) — limits mandatory public reporting to basic Form 5500 data, which has not been surfaced publicly.