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UFCW Local 1776 & Participating Employers Pension Fund
The UFCW Local 1776 & Participating Employers Pension Fund is a union-negotiated, multiemployer defined-benefit plan anchored in Plymouth Meeting,...
UFCW Local 1776 & Participating Employers Pension Fund
The UFCW Local 1776 & Participating Employers Pension Fund is a union-negotiated, multiemployer defined-benefit plan anchored in Plymouth Meeting, Pennsylvania. It provides pension benefits to vested participants at retirement, with contributions bargained across multiple participating employers in the region. The plan operates under the oversight of UFCW Local 1776 Keystone State, reflecting a close institutional tie to the union's leadership and its membership base in the grocery and food industries. The fund's investment strategy is shaped by its liability profile as a Taft-Hartley plan, prioritizing capital preservation, steady income generation, and actuarial funding adequacy over high-growth venture allocation. Asset-class exposure typically spans public equities, government and corporate credit, and real assets — though no detailed portfolio breakdown is publicly disclosed. Unlike perpetual family offices, its deployment pace is governed by contribution inflow and benefit outflow dynamics, not aggressive capital accumulation. In February 2026, the fund transitioned dental benefits administration to Fidelio Dental, an operational move communicated directly by Wendell Young IV, President of UFCW Local 1776 KS. The plan's administration and trustee oversight are closely tied to the union's governance structure, with member-facing benefit updates and plan changes routed through the union's leadership and website. The fund's structural differentiator is its embeddedness in the collective bargaining ecosystem. Investment and benefit decisions are not made unilaterally by an investment committee operating in isolation but are shaped by union leadership, employer trustees, and the constraints of a jointly administered pension vehicle. This architecture places labor-market stability and employer participation rates at the center of its long-term risk calculus, more so than for a corporate or public pension plan.
General information
Firm type
Pension Fund
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Plymouth Meeting
Corporate office
Plymouth Meeting, PA, United States
Principals
Wendell Young IV
President, UFCW Local 1776 KS
Frequently asked questions
Who oversees investment decisions at the fund?
Investment and administrative oversight rests with a joint board of trustees composed of union and employer representatives. Wendell Young IV, President of UFCW Local 1776 Keystone State, plays a visible leadership role in communicating plan changes to participants, but the trustees collectively govern the fund's strategy and benefit design.
How is this fund different from a corporate or public pension plan?
It is a multiemployer, Taft-Hartley defined-benefit plan. Contributions from multiple employers are pooled under collective bargaining agreements negotiated by UFCW Local 1776. This structure ties the fund's financial health directly to union membership levels, employer participation, and contract cycles rather than to a single sponsor's corporate balance sheet or a municipal tax base.
What investment posture does the fund take?
The fund prioritizes capital preservation and stable, long-duration returns to meet actuarial funding targets and guarantee participant benefits. While specific asset allocations are not publicly disclosed, such plans typically allocate across public equities, fixed income, and real assets, with limited or no venture exposure, to match their liability-driven investment mandates.
Which union and employers does the plan cover?
The plan is sponsored by UFCW Local 1776 Keystone State, which primarily represents workers in the grocery, food-processing, and related industries in Pennsylvania. Contributions come from multiple participating employers whose names are set in collective bargaining agreements with the local.
Does the fund maintain a website with plan documents and benefit information?
Yes. The fund's public presence is at www.ufcw1776benefitfunds.org, where participants can access benefit summaries, contact information, and updates on administrative changes such as the February 2026 switch to Fidelio Dental. Investment policies and full actuarial reports are generally distributed directly to plan participants rather than posted openly.
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