# Western Metal Industry Pension Plan

Western Metal Industry Pension Plan is a Pension Fund based in Mercer Island, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Mercer Island, United States
- **Region:** North America
- **Address:** P. O. Box 34203, Seattle, WA, United States
- **Founded:** 1960
- **Assets under management:** 1016 (Altss estimate)
- **Website:** www.wmipension.org

## Regulatory record

- **Reports private funds:** No

## About

Western Metal Industry Pension Plan was established in 1960 as a multi-employer defined benefit plan. It serves union members in the metal industry through contributions from participating employers. The plan allocates 4.63% to private equity and maintains a real assets portfolio representing approximately 5% of total assets. Fixed income holdings total 40% of the portfolio. Confirmed positions include a credit facility with Republic Services, Inc. Geographic exposure centers on the United States with additional global equity investments. Assets total $1.016 billion. The plan maintains one membership in Western States Office professional networks. No additional offices are recorded. No operational events from the last 24 months appear in available records. Administration rests with Welfare & Pension Administration Service, Inc. under joint labor-management oversight from the International Association of Machinists and Aerospace Workers. This structure ties investment decisions directly to contribution flows from employers such as PACCAR Inc.

## Sectors

- Private Equity
- Real Estate
- Fixed Income

## Questions

### Who administers the Western Metal Industry Pension Plan?

Welfare & Pension Administration Service, Inc. has served as plan administrator since 1960.

### What is the asset allocation of the Western Metal Industry Pension Plan?

Global equities represent 48%, fixed income 40%, private equity 4.63%, real assets approximately 5% and cash reserves the balance.

### Which employers contribute to the Western Metal Industry Pension Plan?

PACCAR Inc. accounts for 25-27% of contributions. Other participating employers include Port of Seattle, Pacific Power Group and Rabanco Regional Disposal Co.

### Does the Western Metal Industry Pension Plan make direct investments?

The plan holds a credit facility with Republic Services, Inc. and maintains a diversified real assets portfolio alongside fund commitments.

### Where is the Western Metal Industry Pension Plan based?

The plan is based in Seattle, Washington and serves participants across the western United States.

## Related profiles

- [ICG Enterprise Trust](https://altss.com/profile/icg-enterprise-trust)
- [Waseda University Endowment](https://altss.com/profile/waseda-university-endowment)

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Last updated: 2026-07-08T21:10:28.962Z

Canonical page: https://altss.com/profile/western-metal-industry-pension-plan

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