# The City of Irving Supplemental Benefit Plan (SBP)

The City of Irving Supplemental Benefit Plan (SBP) is a Pension Fund based in Irving, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Irving, United States
- **Region:** North America
- **Address:** Irving, TX, United States
- **Assets under management:** Undisclosed

## Regulatory record

- **Reports private funds:** No

## About

The City of Irving Supplemental Benefit Plan (SBP) provides an additional layer of retirement benefits for municipal employees who are already members of the Texas Municipal Retirement System (TMRS). The plan is sponsored by the City of Irving, Texas, and governed by a board chaired by Andrew Bah, with Ebony Roundtree serving as vice chair. Unlike the core TMRS benefit, the SBP is a separate fiduciary structure that accumulates assets to fund supplemental payouts — a design that gives the board discretion over a dedicated pool of capital. The plan's investment strategy is concentrated in buyouts, according to Altss research. No external investment consultant or outsourced chief investment officer is disclosed. Total assets and deployment are not publicly reported. The plan carries no dedicated investment staff beyond its board and municipal officers, making it heavily reliant on fund-manager selection and monitoring by the named finance and HR leads. Structurally, the SBP is distinct from most municipal supplemental plans, which often default to 457(b) or defined-contribution architectures with participant-directed investment menus. Irving instead maintains a board-governed trust with a single-strategy allocation, concentrating fiduciary risk and opportunity in the buyout decisions of a small group of city officials. That concentration makes the plan's governance quality — specifically the board's capacity to diligence and monitor illiquid commitments — the determining factor in its long-term performance.

## Sectors

- Buyout

## People

- Andrew Bah — Board Chairman
- Ebony Roundtree — Vice Board Chairman
- Bret Starr — Chief Financial Officer
- Nyle Boyd — Human Resources Director

## Questions

### How does the SBP relate to the Texas Municipal Retirement System?

TMRS is the primary retirement system for City of Irving employees; the SBP provides supplemental benefits on top of TMRS. Employees are TMRS members first, and the SBP acts as a separate plan governed by its own board, with assets dedicated to additional retirement payouts beyond the core TMRS benefit.

### Does the plan accept external capital or co-invest alongside other LPs?

The SBP is a captive municipal plan funded by the City of Irving for its employees; it does not accept outside investor capital. Whether it co-invests directly alongside external GPs or other Texas public plans is not publicly documented.

### What is the governance structure of the plan?

The plan is governed by a board with named chair and vice chair, and administered through the city's finance and HR departments. This places fiduciary responsibility on city officers rather than a standalone investment staff or external fiduciary, a structure that concentrates decision-making in a small group of public-sector officials.

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- [The City & Guilds of London Institute](https://altss.com/profile/the-city-guilds-of-london-institute)
- [The Clore Duffield Foundation](https://altss.com/profile/the-clore-duffield-foundation)

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Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/the-city-of-irving-supplemental-benefit-plan-sbp

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