United Food & Commercial Workers, Local #1546

United Food & Commercial Workers, Local #1546

UFCW Local #1546 established its Pension Fund to provide retirement benefits for union members employed in grocery stores, food processing plants, and related industries across the Chicago metropolitan area. The fund is overseen by a board of labor and employer trustees, with Kenneth R. Boyd serving as Managing Director and Administrator. Robert O'Toole, also International Vice President of UFCW, acts as President of the local, while Jeff Jayko holds the Secretary-Treasurer role. The fund's investment strategy centers on secondaries and special situations, augmented by allocations to private credit, real estate, and infrastructure. It does not maintain a publicly disclosed direct company portfolio, but its office holdings include the union headquarters at 1649 West Adams Street in Chicago, a Health & Welfare Fund office in Oak Brook, and a Food Handlers Welfare Fund office in Mokena. Geographic exposure is concentrated in Illinois, with no disclosed international deployment. The fund operates three distinct investment pools: the UFCW Local 1546 Pension Fund Assets, the Health & Welfare Fund Assets, and the General Fund Assets. It maintains a partnership with the March of Dimes as a charitable beneficiary and is affiliated with the AFL-CIO and UFCW International. Team size and total AUM are not publicly disclosed. No recent operational events—such as a funding round or manager hire—have been reported in the last 24 months (public record). The fund's structural differentiator is its multi-employer status, where investment policy is shaped by collective bargaining agreements and federal pension regulations. This limits flexibility relative to single-employer plans but provides pooled scale for secondary market participation. The fund's governance structure separates pension assets from health and general funds, creating distinct fiduciary layers.