Western Conference of Teamsters Pension Plan

Chuck Mack and Rick E. Porter co-chair the board of trustees. The board sets allocation targets and approves external managers. Alan Biller & Associates and Mellon Capital Management provide ongoing advisory support.

The plan commits to commingled funds and separate accounts. Holdings include Audax Private Equity Fund VII, Greenbriar Equity Fund VI, Silver Lake Alpine II, and EnCap Energy Capital Fund XI.

Fixed income accounts for the majority of assets at approximately 34 billion dollars. Real estate and infrastructure receive dedicated separate-account mandates. Private equity and private debt each carry single-digit target weights.

The plan was created through collective bargaining with IBT local unions. The union appoints half the board of trustees. UPS remains the largest contributing employer.

Prudential Insurance Company of America manages PRISA, PRISA II, and MORISA accounts. UBS Realty Investors and Hudson Advisors also run dedicated mandates for the plan.

In May 2024 the plan attended the Fiduciary Investors Symposium at Stanford. In January 2025 it sponsored its 70th anniversary event in Seattle.

Northern Trust and BNY Mellon serve as custodians. Milliman provides actuarial services. Multiple law firms including Mondress Monaco Parr Lockwood and Trucker Huss act as counsel.