Central Pennsylvania Teamsters

What Central Pennsylvania Teamsters does

Central Pennsylvania Teamsters is a privately held, non-profit, multi-employer Taft-Hartley benefit fund that delivers health and welfare benefits and defined benefit pension services to Teamster union members and their families throughout Pennsylvania. The fund operates through collective bargaining agreements with nine named local unions (Locals 229, 107, 401, 429, 77, 764, 771, 773, and 776) and is jointly administered by an equal-representation Board of Trustees comprising union trustees chaired by William M. Shappell and employer trustees with Daniel W. Schmidt as Secretary.

The organization's product architecture is a two-fund platform-plus-modules design. The Pension Fund delivers defined benefit retirement payments supported by a Pension Calculator self-service portal, beneficiary management, and a diversified set of institutional investment managers (Northern Trust as custodian, plus Boyd Watterson, Causeway, Corbin, GoldenTree, Great Lakes Advisors, Grosvenor, Hamilton Lane, Intercontinental Real Estate, Loomis Sayles, Mesirow, Segall Bryant & Hamill, Sierra, Siguler Guff, Washington Capital, and Westfield). The Health & Welfare Fund delivers medical (Highmark Blue Cross Blue Shield), dental (Delta Dental), vision (Davis Vision), prescription drug coverage (Global Prescription Benefits), and $0-copay telemedicine (Teladoc), with a 340B FQHC partnership at Alliance Community Healthcare adding $0 medical and brand-name pharmacy access. Member-facing technology consists of MemberXG portal (launched July 2022) for claims, demographics, deductibles, and HRA, and E-Bill Express (launched February 2025) for online premium payments via ACH, debit, or credit card.

Revenue is generated almost entirely from employer contributions remitted under collective bargaining agreements into both the Pension Fund and the Health & Welfare Fund, with rates negotiated per CBA rather than commercially priced. The fund does not publish financial results, and revenue is not publicly disclosed; the operating model is closer to a joint trusteeship administering pooled benefit dollars than a commercial company pursuing market share. Distribution is employer-based by design, with member acquisition occurring automatically through union-CBA participation rather than through sales or marketing, and all activity is confined to a single state (Pennsylvania) served from the Wyomissing fund office.

Name

Central Pennsylvania Teamsters

Legal name

Central Pennsylvania Teamsters Health and Welfare Fund

Website

https://centralpateamsters.com

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

1–10 employees

Short description

Central Pennsylvania Teamsters is a multi-employer Taft-Hartley benefit fund that administers health, welfare, and defined benefit pension coverage for members of nine Teamsters Local Unions across Pennsylvania under jointly trusteed collective bargaining agreements.

Ownership category

akta.pro rank

Product category

Multi-Employer Benefit Fund Administration

NAICS

Health and Welfare Funds (525120), Insurance and Employee Benefit Funds (5251), Pension Funds (525110)

SIC

Hospital & Medical Service Plans (6324), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

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

akta.pro secondary industries

Ancillary Employer Benefits (Life/Disability/Accident/Critical Illness) (HLAEAAAK), Large Group Health Insurance (Mid-Market & National Accounts) (FSAIAFAE)

Keywords

• Multiemployer benefit funds
• Health welfare benefits
• Pension fund administration
• Union member benefits
• Taft-Hartley funds

Headquarters

HQ city

Reading

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Employer Contributions: Revenue is derived from employer contributions made pursuant to collective bargaining agreements with local Teamsters unions. Employers contribute to the Pension Fund and Health & Welfare Fund based on negotiated rates.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Central Pennsylvania Teamsters is a jointly trusteed multi-employer Taft-Hartley benefit fund that provides a defined benefit Pension Fund and a Health & Welfare Fund to Teamster union members throughout Pennsylvania. Health benefits include medical, dental, vision, prescription drug, telemedicine, AD&D, and retiree coverage, funded by employer contributions negotiated through collective bargaining agreements with multiple local Teamsters unions.

Product overview

Central Pennsylvania Teamsters operates as a multi-fund health benefits and pension organization providing a platform-plus-modules architecture for Teamster members throughout Pennsylvania. The core offerings consist of the Pension Fund and Health & Welfare Fund, which work together to provide comprehensive retirement and health coverage. The Health & Welfare Fund includes multiple benefit modules including medical coverage through Highmark, dental through Delta Dental, vision through Davis Vision, prescription drugs through Global Prescription Benefits, and telehealth through Teladoc. Additional digital modules include the MemberXG member portal and E-Bill Express payment system. The fund also offers retiree-specific plans (Plan R7, Plan R7-65) and active member plans (Plan 13, Plan 14, Plan 16) with varying coverage levels.

Differentiator

Problem solved

Functional benefit

Brands

• MemberXG: Online member portal allowing participants to review demographics, health claims, deductibles, and HRA balances
• MemberXG Portal

Products and services

• Pension Fund

Quantifiable outcome

• Dental maximum increased to $2,000 for Core A Plans effective January 1, 2024
• +3 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature3 records

Partnerships

30 partnerships are on record, tiered core.

• Keystone 74 Benefits & Admin., LLCcoreTechnology or IntegrationServes as actuary and consultant for the Central Pennsylvania Teamsters Pension Fund, providing actuarial calculations and benefit consulting services.
• Morgan LewiscoreOthersProvides legal counsel services for the Pension Fund as co-counsel alongside Willig, Williams, & Davidson.
• Willig, Williams, & DavidsoncoreOthersProvides legal counsel services for the Pension Fund as co-counsel alongside Morgan Lewis.
• Novak Francella, LLCcoreOthersServes as certified public accountants for the Pension Fund providing audit and accounting services.
• Foster & FostercoreTechnology or IntegrationServes as actuary and consultant for the Health & Welfare Fund, providing actuarial calculations and benefit consulting services.
• HighmarkcoreTechnology or IntegrationServes as Medical Advisor for the Health & Welfare Fund. Also provides Blue365 member discount program and medical network access through Blue Cross Blue Shield.
• Delta DentalcoreTechnology or IntegrationExclusive dental network provider for the Health & Welfare Fund. Members can access dental services using name, birth date, and SSN without needing an ID card. Digital ID cards available through deltadentalins.com.
• Davis VisioncoreTechnology or IntegrationVision benefit provider for the Health & Welfare Fund. Provides eye examinations, spectacle lenses, frames, and contact lenses. Members access benefits through davisvision.com/member portal.
• TeladoccoreTechnology or IntegrationTelemedicine provider offering $0 copay access to U.S. board-certified doctors for diagnosis, treatment, and prescriptions for flu, allergies, rashes, and other conditions. Available 24/7 via phone or video.
• Global Pharmaceutical BenefitscoreTechnology or IntegrationPrescription benefit manager for the Health & Welfare Fund. Provides pharmacy network access including Walmart (effective 7/1/2018). Members can locate pharmacies by calling 1-800-341-2234.
• Northern TrustcoreTechnology or IntegrationInvestment custodian for the Pension Fund, providing secure custody and administration of fund assets.
• Investment Performance ServicescoreTechnology or IntegrationInvestment consultant providing performance measurement and reporting for the Pension Fund investment program.
• Boyd Watterson Asset Management, LLCcoreTechnology or IntegrationInvestment manager for the Pension Fund, one of multiple institutional investment managers overseeing fund assets.
• Causeway Capital Management, LLCcoreTechnology or IntegrationInvestment manager for the Pension Fund, one of multiple institutional investment managers overseeing fund assets.
• Corbin Capital Partners, LPcoreTechnology or IntegrationInvestment manager for the Pension Fund, one of multiple institutional investment managers overseeing fund assets.
• Golden Tree Asset ManagementcoreTechnology or IntegrationInvestment manager for the Pension Fund, one of multiple institutional investment managers overseeing fund assets.
• Great Lakes AdvisorscoreTechnology or IntegrationInvestment manager for the Pension Fund, one of multiple institutional investment managers overseeing fund assets.
• Grosvenor Capital Management, LPcoreTechnology or IntegrationInvestment manager for the Pension Fund, one of multiple institutional investment managers overseeing fund assets.
• Hamilton Lane AdvisorscoreTechnology or IntegrationInvestment manager for the Pension Fund, one of multiple institutional investment managers overseeing fund assets.
• Intercontinental Real Estate Corp.coreTechnology or IntegrationInvestment manager for the Pension Fund, providing real estate investment management services.
• Loomis, Sayles & CompanycoreTechnology or IntegrationInvestment manager for the Pension Fund, one of multiple institutional investment managers overseeing fund assets.
• Mesirow Financial Services, InccoreTechnology or IntegrationInvestment manager for the Pension Fund, one of multiple institutional investment managers overseeing fund assets.
• Northern Trust Investments InccoreTechnology or IntegrationInvestment manager for both the Pension Fund and Health Welfare Fund, providing investment management services.
• Segall Bryant & HamillcoreTechnology or IntegrationInvestment manager for the Pension Fund, one of multiple institutional investment managers overseeing fund assets.
• Sierra Investment Partners, InccoreTechnology or IntegrationInvestment manager for the Pension Fund, one of multiple institutional investment managers overseeing fund assets.
• Siguler Guff & Company, LPcoreTechnology or IntegrationInvestment manager for the Pension Fund, one of multiple institutional investment managers overseeing fund assets.
• Washington Capital ManagementcoreTechnology or IntegrationInvestment manager for the Pension Fund, one of multiple institutional investment managers overseeing fund assets.
• Westfield Capital Management Co., LLCcoreTechnology or IntegrationInvestment manager for the Pension Fund, one of multiple institutional investment managers overseeing fund assets.
• Chartwell Investment PartnerscoreTechnology or IntegrationInvestment manager for the Health Welfare Fund, providing investment management services for the fund's reserves.
• E-Bill ExpresscoreTechnology or IntegrationOnline payment platform enabling members to pay health insurance premiums via ACH, debit card, or credit card with optional Quick Pay enrollment for recurring payments.

Recent moves4 records

Expansion highlights3 records

Direct peers

• Central States, Southeast and Southwest Areas Health and Welfare Fund: One of the largest multi-employer Teamster health and welfare funds in the US, providing medical, dental, vision, and ancillary benefits to Teamster members across multiple states. Directly comparable in Taft-Hartley structure, member-funded model, and benefit-stack composition.
• Western Conference of Teamsters Pension Plan: Large multi-employer defined benefit pension plan covering Teamster members across the western United States. Directly comparable as a jointly trusteed Taft-Hartley Teamster pension fund with institutional investment manager structure.
• New York State Teamsters Council Pension and Benefit Funds: Multi-employer Taft-Hartley benefit organization providing pension, health, and welfare benefits to New York State Teamster members. Comparable in jointly trusteed governance, multi-local membership base, and combined pension + health fund structure.
• Building Service 32BJ Benefit Funds: Major Taft-Hartley multi-employer benefit fund covering property service workers represented by 32BJ SEIU. Comparable as a jointly trusteed multi-employer plan offering health, pension, and ancillary benefits at meaningful scale, though serving a different labor union vertical.

Emerging players

• SAG-AFTRA Health Plan: Taft-Hartley multi-employer health and welfare plan for SAG-AFTRA members in entertainment. Comparable in jointly trusteed governance and multi-employer benefit delivery, but covers a distinct industry vertical and serves a more episodic workforce.
• IATSE National Health & Welfare Fund: Taft-Hartley multi-employer benefit fund for IATSE entertainment industry workers. Comparable in jointly trusteed governance, multi-employer model, and delivery of medical, dental, and vision benefits, though narrower in industry focus.
• IBEW Local 313 Health and Welfare Fund: Multi-employer Taft-Hartley benefit fund serving electrical workers in the Delaware Valley / Pennsylvania region. Comparable in regional Pennsylvania presence and jointly trusteed health and welfare delivery, but covers a different trade.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

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 Central Pennsylvania Teamsters