St. Louis Laborers' Benefit Office

Investment policy is set by a Board of Trustees evenly divided between union representatives from LIUNA Locals 42 and 110 and employer representatives from signatory contractors. Chairman Brandon Flinn, Business Manager of the Missouri District Council of Laborers, and Secretary/Treasurer David Gillick, Executive Director of the Site Improvement Association, lead the board. Day-to-day pension administration is handled by Pension Director Jeanette Scopino. This joint-trustee structure is standard for Taft-Hartley multi-employer plans and requires consensus between labor and management on all fiduciary decisions.

It is a Taft-Hartley multi-employer plan, meaning multiple unionized construction contractors contribute under collectively bargained agreements. Contribution rates are set through negotiation between LIUNA locals and employer associations, not through a single corporate sponsor or legislative appropriation. The trust is legally separate from both the union and the contributing employers, and its governance is shared equally between labor and management trustees, creating a built-in check that corporate and public plans lack.

The plan covers members of Laborers' International Union of North America (LIUNA) Locals 42 and 110, both based in the St. Louis metropolitan area. The benefit office also administers the Greater St. Louis Construction Laborers Welfare Fund and the St. Louis Laborers Vacation Fund from the same location on 59th Street, creating a consolidated administrative structure for the locals' benefit programs.

The trust maintains a diversified multi-asset portfolio spanning public equity, investment-grade and high-yield fixed income, private equity, real estate equity and debt, and infrastructure. The private-markets sleeve includes buyout, venture capital, mezzanine lending, distressed debt, and secondaries, accessed through both fund commitments and direct co-investments. The infrastructure allocation has a global mandate, while the remainder of the portfolio is predominantly US-focused.

Yes. The trust directly owns its headquarters building at 2357 59th Street in St. Louis as a commercial real estate asset. It also allocates to externally managed real estate debt strategies. The equity real estate portfolio is managed alongside broader private-markets commitments rather than as a standalone property operation.

Under the Taft-Hartley Act, half the trustees are appointed by the union — representing LIUNA Locals 42 and 110 — and half by the contributing employers through their contractor associations. Union trustees currently include Matt Andrews (Local 42) and Jose Gomez (Local 110). Employer trustees include Mark Murphy of Drilling Services and Doug Wachsnicht of Goodwin Brothers. This parity requirement is enforced by federal labor law.

Yes. Chairman Brandon Flinn serves simultaneously as Business Manager of the Missouri District Council of Laborers, which coordinates LIUNA activities across the state. The District Council does not control the pension trust — the trust is legally independent — but the leadership overlap means the fund's strategic direction is closely aligned with the union's regional priorities.