# United Wire Metal & Machine Pension Plan

United Wire Metal & Machine Pension Plan is a Pension Fund based in Long Island City, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Long Island City, United States
- **Region:** North America
- **Address:** Long Island City, United States
- **Founded:** 1955
- **Assets under management:** 216 (Altss estimate)
- **Website:** https://www.local810.org

## Regulatory record

- **Reports private funds:** No

## About

The United Wire Metal & Machine Pension Plan operates as a union-sponsored defined-benefit vehicle. It was established under agreements between Teamsters Local 810 and multiple employers in the wire, metal, and machine sectors. Mike Smith serves as chairman while also holding the presidency of Local 810. Lorraine Buonacore acts as fund administrator. The plan deploys capital into short-term investment funds and buyout opportunities. Contributing employers include New York University and NYU Langone Hospitals. Geographic exposure centers on New York with additional activity tied to the Special Financial Assistance program administered in New York, NY. The structure reflects standard multi-employer pension mechanics rather than direct co-investments or fund-of-funds commitments. No public data exists on total professionals or additional offices. The plan maintains ties to the International Brotherhood of Teamsters professional network. No operational events from the last 24 months appear in available records. Governance rests with the chairman and administrator under oversight from the sponsoring local and PBGC support arrangements.

## Sectors

- Buyout

## People

- Mike Smith — Chairman
- Lorraine Buonacore — Fund Administrator

## Questions

### Who runs investment decisions at United Wire Metal & Machine Pension Plan?

Mike Smith serves as chairman and Lorraine Buonacore serves as fund administrator. Decisions follow the multi-employer structure established by Teamsters Local 810.

### What asset classes does the plan use?

The plan allocates to short-term investment funds and buyout strategies.

### Which employers contribute to the plan?

New York University and NYU Langone Hospitals are named contributing employers.

### How does PBGC involvement affect the plan?

The Pension Benefit Guaranty Corporation provides Special Financial Assistance to support long-term solvency.

### Is the plan a single-employer or multi-employer vehicle?

It functions as a multi-employer pension plan created through collective bargaining with Teamsters Local 810.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/united-wire-metal-machine-pension-plan

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