IATSE National Benefit Funds

What IATSE National Benefit Funds does

IATSE National Benefit Funds is a Taft-Hartley multi-employer benefit trust fund jointly governed by equal numbers of IATSE (labor) and employer trustees, providing health, pension, annuity, and vacation benefits to entertainment industry workers covered by Collective Bargaining Agreements. The Funds serve workers in live theatre, motion picture, television, commercials, music videos, and trade shows, and are organized into four core product lines: Health & Welfare (Plan A for live theatre since 1973 and Plan C for motion picture/TV/commercials since 1994, with sub-tiers C1–C4 and a CAPP individual account system), defined benefit Pension (Plan B since 1957 and Plan C since 2002), a defined contribution Annuity Fund with a 401(k) component administered by Principal Financial, and a Vacation Fund that issues annual payments. Core technology is a multi-fund trust administration platform with a participant portal (scportal.iatsenbf.org), claims processing workflows, and integrations with carriers including Anthem Blue Cross Blue Shield, CarelonRx, Delta Dental, Anthem Blue View Vision, MetLife, Triple-S (Puerto Rico), and Mount Sinai Health System. Revenue mechanics are not commercial: the Funds are financed entirely by employer contributions made pursuant to CBAs, with Plan A using a six-month eligibility block model and Plan C using a CAPP quarterly rate model, and a 2–5% tiered administrative fee on MRP claims processing.

Name

IATSE National Benefit Funds

Legal name

I.A.T.S.E. National Benefit Funds

Website

https://iatsenbf.org

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

1–10 employees

Short description

IATSE National Benefit Funds is a Taft-Hartley multi-employer trust providing health, pension, annuity, and vacation benefits to IATSE-covered entertainment industry workers in live theatre, motion picture, television, and related production.

Ownership category

akta.pro rank

Product category

Multi-Employer Benefit Fund Administration

NAICS

Health and Welfare Funds (525120), Pension Funds (525110)

SIC

Hospital & Medical Service Plans (6324), Accident & Health Insurance (6321)

akta.pro primary industry

Taft-Hartley / Union Multiemployer Group Health Plans (FSAIAFAG)

akta.pro secondary industries

Taft-Hartley / Labor Union & Public Sector Retirement Systems (FSAAAGAK), Flexible Benefits Administration (FSA/HSA/HRA) (HLAEALAK)

Keywords

• Multi-employer benefit funds
• Health welfare benefits
• Pension administration
• Annuity retirement savings
• Taft-hartley trust funds

Headquarters

HQ city

Manhattan

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Others

Revenue model

1. Employer Contributions: IATSE National Benefit Funds are funded entirely through employer contributions made pursuant to Collective Bargaining Agreements with IATSE or affiliated local unions. Contributing employers in entertainment industries (live theatre, motion picture, television, commercials, music videos, trade shows) make contributions on behalf of covered employees to support Health & Welfare, Pension, Annuity, and Vacation benefits.

Pricing tiers

Distribution channels3 records

Marketing channels5 records

Core offering

The IATSE National Benefit Funds are Taft-Hartley multi-employer trust funds established by the International Alliance of Theatrical Stage Employees (IATSE) through collective bargaining with entertainment industry employers. They administer four core benefit funds — Health & Welfare, Pension, Annuity, and Vacation — providing hospital/medical coverage, prescription drugs, dental and vision, defined benefit pensions, 401(k) annuity savings, and vacation pay to eligible entertainment industry workers (live theatre, motion picture, television, commercials, music videos, trade shows). The Funds are jointly governed by equal numbers of labor (IATSE) and management (employer) trustees.

Product overview

IATSE National Benefit Funds is a Taft-Hartley multi-employer trust providing comprehensive benefit plans for entertainment industry workers. The organization operates four core funds: Health & Welfare (Plan A and Plan C with multiple coverage tiers including C1-C4, MRP, and R-MRP options), Pension (Plan B and Plan C defined benefit plans), Annuity (individual account-based retirement savings with optional 401(k) deferrals administered through Principal Financial), and Vacation (annual employer-contributed vacation payments). Plan A covers live theatre workers while Plan C serves motion picture, television, and commercial production workers. All funds are jointly governed by equal numbers of IATSE union and employer trustees.

Differentiator

Problem solved

Functional benefit

Products and services

• Health & Welfare Fund — Plan A
• Health & Welfare Fund — Plan C
• Medical Reimbursement Program (MRP)
• Retiree Medical Reimbursement Program (R-MRP)
• COBRA Continuation Coverage
• Pension Fund — Plan B
• Pension Fund — Plan C
• Annuity Fund
• Annuity 401(k)
• Vacation Fund

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Partnerships

Eight partnerships are on record, tiered core, supporting and regional.

• Anthem Blue Cross Blue ShieldcoreTechnology or IntegrationPrimary hospital and medical insurance carrier for IATSE National Health & Welfare Fund. Provides coverage for Plan A and Plan C participants. Recent three-year agreement through 2028 with Mt. Sinai for New York region coverage.
• CarelonRxcoreTechnology or IntegrationPrescription drug benefit provider for IATSE Health & Welfare Fund Plan A and Plan C. Formerly part of Anthem ecosystem.
• Delta DentalcoreTechnology or IntegrationDental benefits provider for Plan C participants through preferred provider organization.
• Anthem Blue View VisioncoreTechnology or IntegrationVision services provider for Plan A and Plan C participants.
• Principal FinancialcoreTechnology or IntegrationAnnuity and 401(k) plan administrator for IATSE Annuity Fund. Issues quarterly statements and provides online account access for participants.
• A.S.O./S.I.D.S.supportingTechnology or IntegrationSelf-Insured Dental Services (S.I.D.S.) alternative dental benefits administrator for Plan A participants.
• Triple-SregionalTechnology or IntegrationPreferred provider organization for IATSE Health & Welfare Fund participants in Puerto Rico. Provides medical, hospital, and prescription drug benefits as alternative to Anthem and Carelon for Plan C participants.
• Entertainment Community FundsupportingOthersPartner organization providing additional resources for entertainment industry professionals including health insurance resource center services.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Others

• Milliman: Milliman is a leading actuarial and benefits consulting firm that advises multi-employer pension and health funds on funding, design, and risk. Adjacent ecosystem participant providing actuarial and consulting services analogous to those used by multi-employer Taft-Hartley benefit trusts.
• Mercer Health & Benefits (Marsh McLennan): Mercer is a major benefits consulting and third-party administration firm serving multi-employer trusts and Taft-Hartley funds. Relevant as a potential TPA/administrative services provider and consulting counterpart for funds of similar structure.
• Principal Financial Group: Principal Financial administers the IATSE Annuity Fund and 401(k) component, providing participant account access, quarterly statements, and distribution services. A core infrastructure partner rather than a competitor — directly tied to annuity fund operations.
• Anthem Blue Cross Blue Shield: Anthem is the primary hospital and medical insurance carrier for IATSE NBF Plan A and Plan C, and a recent three-year agreement with Mt. Sinai through 2028 anchors in-network access. Listed as a peer because it is a core operational counterpart and ecosystem partner — though it is not a competitor, it is the most operationally intertwined adjacent entity.

Broad incumbents

• UAW Retiree Medical Benefits Trust: The UAW Retiree Medical Benefits Trust (VEBA) is a large multi-employer trust providing health benefits to retired autoworkers and dependents. Comparable as a Taft-Hartley-style benefit trust with retiree health reimbursement features similar to IATSE NBF's Retiree MRP.
• Central Pension Fund of the International Brotherhood of Teamsters: The Central Pension Fund is a major Taft-Hartley multi-employer defined contribution pension fund covering Teamsters members and their families across multiple industries. Comparable as a longstanding union multi-employer benefit trust, though much larger and broader in scope than IATSE NBF.

Direct peers

• SAG-AFTRA Health Plan: The SAG-AFTRA Health Plan is a multi-employer Taft-Hartley trust providing health and welfare benefits to performers and media professionals under collective bargaining. It is the most direct entertainment-industry peer to IATSE National Benefit Funds, sharing the same Taft-Hartley governance model, multi-fund structure, and reliance on employer contributions across film/TV.
• Writers Guild-Industry Health Plan: The WGA-Industry Health Plan provides health benefits to writers and certain entertainment industry professionals under multi-employer CBAs. Directly comparable as a union-sponsored entertainment health fund with employer-contribution financing and Taft-Hartley governance.
• Directors Guild of America – Producer Pension and Health Plans: DGA Plans administers pension, health, and supplemental benefits for directors, unit production managers, and related crew under multi-employer CBAs in the entertainment industry. It is a direct peer in scale, structure, and entertainment vertical, operating a similar trust-based health and pension fund for a unionized entertainment workforce.
• Actors' Equity Association Health Benefits Trust: Actors' Equity administers health and pension benefits for stage actors and舞台 managers under collective bargaining in the live theatre and live performance industry, directly overlapping with IATSE National Benefit Funds' Plan A (live theatre industry). Same Taft-Hartley structure and union-managed trust model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/i.a.t.s.e.-national-benefit-funds

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IATSE National Benefit Funds