Fox Valley Laborers Health & Welfare Fund

What Fox Valley Laborers Health & Welfare Fund does

The Fox Valley Laborers Health & Welfare Fund is a Taft-Hartley multiemployer benefit trust established in 1961 and headquartered in Aurora, Illinois. It delivers negotiated health, welfare, and pension benefits to construction laborers represented by the Laborers' International Union of North America (LiUNA) Locals 582 and 1035 across Boone, Kane, Kendall, and McHenry counties. The fund administers two core benefit vehicles — the Health & Welfare Fund (founded 1961) and the Pension Fund (added 1965) — governed by a joint Board of Trustees with equal union and employer representation.

The fund's operating model is contribution-based: covered employers remit negotiated hourly per-employee contributions to the trust pursuant to collective bargaining agreements (CBAs) negotiated between the union locals and two signatory employer associations, the Fox Valley Associated Builders & Contractors, Inc. and the Mason Contractors Association of East Central Illinois. Contributions are pooled to pay claims, vendor premiums, and administrative expenses. Benefit delivery relies entirely on third-party vendor platforms rather than proprietary technology. Member-facing administration runs on the ISIS Systems benefits platform, with Blue Cross Blue Shield PPO and HMO Illinois providing medical coverage, CVS Caremark administering pharmacy benefits, and ancillary vendors (Hello Heart for cardiovascular monitoring, AllOne Health for the Employee Assistance Program, Bone Density Testing, and HealthDynamics) layered on for preventive and ancillary services. The fund issues Summary of Material Modifications on a recurring basis to communicate plan changes to participants, reflecting standard ERISA compliance and benefit-update activity.

The fund is a small regional trust with approximately 1-10 administrative employees, no proprietary technology stack, and no disclosed financial statements in the available materials. Its strategic posture centers on benefit modernization (adding wellness, EAP, and cost-transparency tools) rather than market expansion, and its operating scope is structurally bounded by the geographic and contractual scope of its underlying CBAs.

Name

Fox Valley Laborers Health & Welfare Fund

Legal name

Fox Valley Laborers Health & Welfare Fund

Website

https://fvlab.com

Company type

Private

Founded year

1961

Operating status

Operating

Headcount range

1–10 employees

Short description

The Fox Valley Laborers Health & Welfare Fund is a Taft-Hartley multiemployer benefit trust established in 1961 that provides negotiated health, welfare, and pension benefits to LiUNA Locals 582 and 1035 construction laborers across four Illinois counties, funded by employer CBA contributions.

Ownership category

akta.pro rank

Headquarters

HQ city

Illinois City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Others

Revenue model

1. Employer Contributions: The Fund operates as a Taft-Hartley multi-employer trust funded entirely by employer contributions made pursuant to collective bargaining agreements between the Union (Laborers International Unions of North America, Locals 582 and 1035) and contributing employers (Fox Valley General Contractors Association and Illinois Road Builders Association). Contributions are based on hours worked by covered employees.

Distribution channels6 records

Marketing channels4 records

Core offering

Fox Valley Laborers Health & Welfare Fund is a Taft-Hartley multi-employer trust fund that delivers health and welfare benefits (medical, dental, vision, prescription drug, hearing, mental health, disability and member assistance) and pension benefits to eligible union construction laborers and their dependents. Benefits are funded entirely by employer contributions made under collective bargaining agreements and administered by a joint union-employer Board of Trustees. Coverage is delivered through partner networks including Blue Cross Blue Shield of Illinois, CVS Caremark, Dental Network of America, EyeMed, Epic Hearing Healthcare, AllOne Health and Hines & Associates.

Product overview

Fox Valley Laborers Health & Welfare Fund operates as a multi-benefit health and pension fund for laborers, offering two core products: the Health & Welfare Fund and the Pension Fund. The Health & Welfare Fund provides a comprehensive benefits ecosystem including Blue Cross Blue Shield PPO medical coverage, CVS/Caremark prescription drug benefits, Dental Network of America dental services, EyeMed vision care, Epic Hearing Healthcare, and the Hello Heart heart health program. Member support is enhanced through AllOne Health Member Assistance Program and Hines & Associates medical management. The Pension Fund delivers monthly retirement income based on employer contributions. Supporting tools include the i-Remit employer portal for contributions and the Participant Dashboard for members. The fund serves Laborer Locals 582 and 1035 in Boone, Kane, Kendall & McHenry Counties, Illinois.

Differentiator

Problem solved

Functional benefit

Products and services

• Health & Welfare Fund Comprehensive multi-employer health and welfare benefits plan providing medical, dental, vision, prescription drug, hearing, mental health, disability, and member assistance benefits to eligible union construction laborers and their dependents in Boone, Kane, Kendall & McHenry Counties, Illinois. Funded entirely by employer contributions under collective bargaining agreements and administered jointly by union and employer trustees.
• Pension Fund Defined benefit pension plan providing monthly retirement income to retired participants based on employer contributions made on their behalf, in addition to Social Security benefits. Administered jointly by union and employer trustees as a companion fund to the Health & Welfare Fund.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Blue Cross Blue Shield of Illinois (BCBSIL)coreTechnology or IntegrationPrimary medical insurance provider for the Fund's PPO network. Provides in-network coverage at 90% allowable charges, provider finder tools, Blue Access for Members portal, and Blue 365 discount program. The Fund's EIN (366219639) is associated with BCBSIL for machine-readable file disclosures under the Transparency in Coverage Rule.
• CVS CaremarkcoreTechnology or IntegrationPrescription drug benefit manager providing the Contract Pharmacy Network. Services include retail pharmacy network, 90-day mail order program, specialty pharmacy (866-387-2573), prior authorization, generic step therapy, and clinical management programs.
• Dental Network of America (DNoA)coreTechnology or IntegrationPreferred dental provider network offering contracted general and specialty dentists. The DNoA PRO Network provides lower out-of-pocket costs through negotiated fees. Contact: 1-866-LABOR-L-U (866-522-6758).
• EyeMed Vision CarecoreTechnology or IntegrationVision care network providing access to independent doctors and national retail chains. Covers eye exams and supplies with $300 annual maximum per person. Provider locator: 1-866-723-0514 or www.eyemed.com. Includes special offers and LASIK discounts.
• AllOne Health (Employee Resource Systems/ERS)coreTechnology or IntegrationProvides the Member Assistance Program (MAP) offering free, confidential 24/7 counseling and WorkLife services for eligible participants and families. Services include marital/family counseling, stress management, budgeting, childcare/eldercare resources. Access: 1-800-292-2780 or www.ers-eap.com (UN: laborers, PW: foxvalley).
• LiUNA Local 582coreStrategic or Co-development PartnerLaborers International Union of North America Local 582. Co-founder and co-administrator of the Fund along with Local 1035. The Fund was established October 1, 1961 through an Agreement and Declaration between Locals 582 and 1035 and employer associations.
• LiUNA Local 1035coreStrategic or Co-development PartnerLaborers International Union of North America Local 1035. Co-founder and co-administrator of the Fund along with Local 582. Together, Locals 582 and 1035 represent the union-side trustees of the Board.
• Chicago Laborers' District CouncilminorStrategic or Co-development PartnerRegional Laborers' union council affiliated with LiUNA. Listed as a partner organization providing resources and connections for members.
• Fox Valley General Contractors AssociationcoreStrategic or Co-development PartnerEmployer association representing contributing contractors. Co-founder of the Fund (October 1, 1961) and co-administrator through the Board of Trustees.
• Illinois Road Builders AssociationcoreStrategic or Co-development PartnerEmployer association representing road construction employers. Co-founder of the Fund (October 1, 1961) and co-administrator through the Board of Trustees.
• LiUNA (Laborers International Union of North America)coreStrategic or Co-development PartnerInternational union representing construction laborers. The Fund was established under the umbrella of LIUNA, and Locals 582 and 1035 are chartered members. LiUNA branding appears on Fund materials.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Market position

Weaknesses5 records

Competitive moat4 records

Customer concentration

Compliance5 records

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 Fox Valley Laborers Health & Welfare Fund