Texas Iron Workers' Pension Plan

Texas Iron Workers' Pension Plan

The Texas Iron Workers' Pension Plan operates as a multiemployer defined-benefit fund covering members of the Iron Workers District Council of Texas and the Mid-South States. Affiliated with the International Association of Bridge, Structural, Ornamental and Reinforcing Iron Workers, the plan functions alongside a sister health benefit fund to provide retirement security for union ironworkers. Strategy spans an unusually broad mandate for a building-trades pension. Commitments include buyout funds, direct secondaries, early-stage venture (seed through startup), expansion and late-stage capital, mezzanine debt, and fund-of-funds vehicles. Real estate exposure surfaces through a confirmed position in Cerberus Institutional Real Estate Partners V, a mixed-use vehicle focused on North America. The plan participates in IMPACT, the Ironworker Management Progressive Action Trust, a labor-management partnership that may influence sourcing or co-investment alignments. Scale and team size are not publicly detailed by TPA Zenith Administrators, which administers the plan from Sugar Land, Texas. No separate investment staff or dedicated CIO is disclosed in public filings. The plan reports no additional offices. Recent activity is not verifiable through primary sources within the last 24 months. The structural distinction lies in the plan's status as an in-house labor pension rather than a state or corporate fund. Its investment reach — from seed-stage venture through institutional real estate — diverges from the narrower, consultant-driven allocations typical of smaller Taft-Hartley plans.