International Union of Operating Engineers Local 825
International Union of Operating Engineers Local 825 Funds Services is a Taft-Hartley multi-employer benefit fund administrator in Springfield, NJ, administering six benefit funds (welfare, pension, profit sharing, savings, SUB, and training) for 6,500+ operating engineer union members across New Jersey and lower New York, funded by employer contributions under collective bargaining agreements.
- Company typePrivate
- Founded1896
- HeadquartersSpringfield, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What International Union of Operating Engineers Local 825 does
International Union of Operating Engineers Local 825 Funds Services is a Taft-Hartley multi-employer benefit fund organization headquartered in Springfield, New Jersey, administering a six-fund benefit platform for more than 6,500 operating engineer union members across all 21 counties of New Jersey and five counties of lower New York State. The platform comprises a Welfare Fund (offering four tiered healthcare coverage levels priced from $22,512 to $26,880 per participant per year effective October 1, 2025, with medical, dental, vision, prescription, life insurance, and survivor benefits), a defined-benefit Pension Fund, a Profit Sharing Fund administered by Empower Retirement, a Savings Fund for vacation benefits, a Supplemental Unemployment Benefit (SUB) Fund paying $350/week for up to 26 weeks, and a Training Fund delivered through two state-of-the-art apprenticeship facilities spanning nearly 60 acres and more than 90 pieces of equipment. The organization is governed by a jointly-trusted Board of Trustees (four union and four employer trustees) and was founded in 1896 under the International Union of Operating Engineers parent body.
The operating technology stack is an online multi-employer benefit fund administration system featuring an employer reporting platform for contribution calculations and invoicing and a member portal (mp.iuoe825.org) for benefits access, supported by a network of institutional vendor partners: Horizon Blue Cross Blue Shield of New Jersey for medical network and claims administration, Aetna for Medicare Advantage retirement coverage, CVS Caremark for prescription drug benefits, Fidelio Dental, Davis Vision for vision benefits, Carelon Behavioral Health for mental health and EAP services, Empower Retirement for defined contribution administration, Guardian Nurses for care coordination, and ReviveHealth (SWIFT MD) for telemedicine. The fund office is staffed by a dedicated administration team (Administrator Sherry Viso, Director of Retirement Benefits Thomas Edwards, Director of Collections & Audits Eric Torbic, among others) and supported by two outside fund counsel firms (Decotiis, Fitzpatrick, Cole & Giblin and Susanin, Widman & Brennan).
Revenue mechanics derive from employer contributions remitted pursuant to collective bargaining agreements, calculated based on hours worked by covered members and routed into each of the six funds based on contract rates; contributions are not publicly disclosed and benefit levels are bargained rather than individually purchased. The GTM motion is relationship-driven on the employer side (negotiated CBA coverage) and self-serve for members via the portal, with marketing limited to the website, Instagram, email, and in-person apprentice orientation events. Geographic service area is fixed at the Northeast US (NJ and lower NY), and the organization is not publicly traded.
International Union of Operating Engineers Local 825 firmographics
Firmographics- Name
- International Union of Operating Engineers Local 825
- Legal name
- International Union of Operating Engineers Local 825 Funds Services
- Website
- https://825funds.org
- Company type
- Private
- Founded year
- 1896
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- International Union of Operating Engineers Local 825 Funds Services is a Taft-Hartley multi-employer benefit fund administrator in Springfield, NJ, administering six benefit funds (welfare, pension, profit sharing, savings, SUB, and training) for 6,500+ operating engineer union members across New Jersey and lower New York, funded by employer contributions under collective bargaining agreements.
- Ownership category
- akta.pro rank
International Union of Operating Engineers Local 825 industry classification
Industry- Product category
- Multi-Employer Taft-Hartley Benefit Fund Administration
- NAICS
- Health and Welfare Funds (525120), Pension Funds (525110), Insurance and Employee Benefit Funds (5251), Vocational Rehabilitation Services (62431)
- SIC
- Services-Membership Organizations (8600), Services-Social Services (8300)
- 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), Benefits Administration & Total Rewards Outsourcing (BPACAKAE), Benefits Administration & Enrollment Support (BPAAAIAB), Employment & Job Readiness Support Services (BPAGAEAJ)
Keywords
Where International Union of Operating Engineers Local 825 is headquartered
LocationHeadquarters
- HQ city
- Springfield
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
International Union of Operating Engineers Local 825 business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Employer Contributions: Multi-employer benefit fund supported by employer contributions made pursuant to collective bargaining agreements. Contributions fund Welfare, Pension, Profit Sharing, Savings, and Training benefits for union members.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Level 1 - Basic healthcare coverage including life insurance, survivor benefits, hospital, surgical, and physician services |
| Subscription | Monthly | Level 2 - Level 1 benefits plus vision and accident & sickness |
| Subscription | Monthly | Level 3 - Level 2 benefits plus dental |
| Subscription | Monthly | Level 4 - All-inclusive coverage including prescription drugs |
Distribution channels3 records
Marketing channels4 records
International Union of Operating Engineers Local 825 product offering
Product offeringCore offering
International Union of Operating Engineers Local 825 Funds Services administers a multi-employer Taft-Hartley benefit fund platform delivering six core benefit programs (Welfare, Pension, Profit Sharing, Savings, Supplemental Unemployment Benefits, and Training) to more than 6,500 Operating Engineers and their families in New Jersey and lower New York State. The organization also provides apprenticeship training through two state-of-the-art training facilities and supplementary services including telemedicine and nurse care coordination.
Product overview
International Union of Operating Engineers Local 825 Funds Services operates a multi-fund benefit administration platform comprising six core funds: Welfare Fund (comprehensive healthcare benefits), Pension Fund (defined benefit retirement), Profit Sharing Fund (defined contribution retirement managed by Empower Retirement), Savings Fund (vacation savings), Supplemental Unemployment Benefit (SUB) Fund, and Training Fund (apprenticeship and skills upgrade programs). The platform is supplemented by telemedicine services through ReviveHealth and care coordination through Guardian Mobile Care Coordinators. Members access benefits via a member portal with online login capabilities, while employers utilize an electronic reporting system for contribution submissions.
Differentiator
Problem solved
Functional benefit
Products and services
- Welfare Fund
- Pension Fund A qualified defined benefit plan providing lifetime monthly benefits to retired members and surviving spouses, calculated based on credited service and employer contributions. Funded by employer contributions pursuant to collective bargaining agreements.
- Profit Sharing Fund A defined contribution plan where employer contributions are recorded to individual participant accounts, managed by Empower Retirement. Provides additional financial security during retirement years with account management, investment selections, loans, and distributions.
- Savings Fund Vacation savings benefit allowing participants to accumulate employer contributions in individual accounts, distributed annually on or before the first week of December.
- Supplemental Unemployment Benefit (SUB) Fund Designed to supplement state unemployment benefits, providing $350 per week for up to 26 weeks to eligible members experiencing unemployment due to seasonal layoffs or weak economy.
- Training Fund Apprenticeship training and retraining program for operating engineers, offering four-year apprenticeship courses, skills upgrade sessions, and certification programs at two state-of-the-art training facilities in New Jersey and New York with over 90 pieces of equipment.
- ReviveHealth Telemedicine Virtual urgent care and mental health services provided through telemedicine, offering routine medical care and behavioral health visits for eligible members.
- Guardian Mobile Care Coordinator Mobile Care Coordinator providing one-on-one support to help members navigate medical issues, including accompanying members to doctor visits, identifying providers, expediting appointments, and explaining diagnoses.
Companies that use International Union of Operating Engineers Local 825
Customer profileSegments2 records
Ideal customer profiles2 records
International Union of Operating Engineers Local 825 technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
International Union of Operating Engineers Local 825 partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- Horizon Blue Cross Blue Shield of New JerseycorePrimary health insurance provider network and claims administrator since April 2018. Horizon BCBSNJ provides medical/hospital network, claims administration, and access to extensive PPO network for IUOE Local 825 Welfare Plan participants. Horizon Behavioral Health manages mental health, substance abuse, and EAP services.
- Aetna Medicare Advantage PlancoreMedicare Advantage plan provider for retired members who have Medicare, effective October 1, 2016. Aetna provides hospital, physician services, and prescription coverage for retired members. Recognized as a top-rated 2026 Medicare Advantage provider by U.S. News & World Report as a 'Best Medicare Advantage Company'.
- CVS CaremarkcorePrescription drug benefit manager providing retail pharmacy network and mail order services. Members use CVS/Caremark cards for prescription drug benefits. Customer Care: 1-833-796-4626. Specialty Pharmacy: 1-800-237-2767.
- Fidelio Dental InsurancecoreDental benefit provider for active and retired members. Provides access to dental provider network and coverage for services including enhanced sleep apnea oral device benefit through Eastern Dental offices. Member Services: 1-800-262-4949.
- Davis VisioncoreVision benefit administrator for the Horizon BCBSNJ vision benefit. Provides access to vision providers and eyewear discounts through EyeMed network including LensCrafters and Pearle Vision locations.
- Carelon Behavioral HealthcoreMental health and substance use disorder services provider. Member Services: 1-800-626-2212. Employee Assistance Program (EAP) Member Services: 1-866-843-0980. Provides virtual counseling sessions and comprehensive behavioral health coverage.
- Guardian NursescoreMobile Care Coordinator program providing one-on-one support to help members navigate medical issues. Guardian Nurses serve as personal health advocates, accompanying members to doctor appointments, expediting appointments, explaining diagnoses, and providing guidance on treatment options.
- ReviveHealth (SWIFT MD)coreTelemedicine provider offering routine medical care via virtual urgent care visits and mental health visits. Revive delivers effortless access to healthcare benefits through the member portal, allowing members to get care conveniently.
- Empower RetirementcoreThird-party administrator managing Profit Sharing Fund accounts. Handles account management, investment selections, loans, and distributions. Service Center: 833-569-2433. Website: empowermyretirement.com.
- ParentominorPartnership for Paid Maternity Leave benefit launched April 1, 2025. Provides up to 12 weeks of paid maternity leave for eligible members in the U.S. and Canada, along with parent-friendly programming, articles, and resources.
- Decotiis, Fitzpatrick, Cole & GiblincoreFund Counsel providing legal representation and counsel to the Board of Trustees. Located at Glenpointe Centre West, 500 Frank W. Burr Blvd, Teaneck, NJ 07666.
- Susanin, Widman & BrennancoreFund Counsel providing legal representation and counsel to the Board of Trustees. Located at Two Glenhardie Corporate Center, 1285 Drummers Lane, Suite 202, Wayne, PA 19087.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
International Union of Operating Engineers Local 825 competitors and assessment
Company assessmentBroad incumbents
- Mercer (Marsh McLennan): Global benefits consulting and administration firm serving large multi-employer and corporate health/welfare plans. Comparable in the TPA, actuarial, and benefits-administration services that Local 825's Funds Office either delivers in-house or sources from partners.
- TIAA: Major institutional retirement-plan administrator with deep multi-employer, Taft-Hartley, and defined-contribution expertise. Comparable as a large-scale incumbent that Local 825's Profit Sharing Fund could conceivably shift to, and as a peer in the multi-employer retirement-services ecosystem.
- Empower Retirement: One of the largest U.S. retirement-plan recordkeepers and administrators (and Local 825's Profit Sharing partner). Broad incumbent offering scale advantages, deep investment menus, and digital participant tools — competing for the same defined-contribution recordkeeping business that Local 825's Profit Sharing Fund requires.
- Horizon Blue Cross Blue Shield of New Jersey: Largest NJ-based health insurer and Local 825's core medical-network/claims-administration partner since 2018. Broad incumbent with regional scale, broad PPO network, and behavioral-health subsidiary — comparable to the Welfare Fund's role as plan administrator, but operating at vastly greater scale.
Direct peers
- Building Service 32BJ Benefit Funds: Large Taft-Hartley multi-employer benefit trust serving SEIU 32BJ property-services workers across the Northeast. Comparable multi-fund administration (Health, Pension, Legal, Training), jointly trusteed governance, and union-affiliated employer-contribution model.
- IBEW Local Union Pension Funds: International Brotherhood of Electrical Workers local pension and welfare funds operating under Taft-Hartley multi-employer arrangements for IBEW members in construction. Directly comparable jointly-trusteed multi-employer benefit administration model serving the same trades ecosystem.
- Laborers' International Union of North America (LIUNA) National Pension Fund: National multi-employer defined benefit pension fund for LIUNA members across the U.S. and Canada. Closely comparable Taft-Hartley pension-fund structure with collective-bargaining-based employer contributions and multi-employer governance.
- Northeast Carpenters Funds: Multi-employer Taft-Hartley benefit funds for union carpenters in the Northeast U.S., administering Welfare, Pension, Annuity, Training and Vacation funds. Same construction-trade multi-employer model with overlapping NJ/NY service territory and comparable benefit scope.
- 1199SEIU National Benefit Fund: Major multi-employer Taft-Hartley health and welfare fund for hospital and healthcare workers represented by 1199SEIU. Comparable employer-contribution, jointly-trusteed, multi-benefit architecture at scale, with similarly strong provider-network partnerships.
- Operating Engineers Local 3 Funds (Central Pension Fund of IUOE Local 3): Multi-employer Taft-Hartley benefit funds (Welfare, Pension, Training) for IUOE Local 3 members across Northern California, Nevada, Utah, and Hawaii. Directly comparable structure — operating engineers, jointly trusteed, multi-fund architecture — differing only by geographic jurisdiction.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
International Union of Operating Engineers Local 825 social profiles
Digital presenceInternational Union of Operating Engineers Local 825 financial estimates
Financial estimateRevenue estimate
Valuation estimate
International Union of Operating Engineers Local 825 leadership team
Management profileNumber of profiles
Profiles13 records
International Union of Operating Engineers Local 825 funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
International Union of Operating Engineers Local 825 M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about International Union of Operating Engineers Local 825
What does International Union of Operating Engineers Local 825 do?
International Union of Operating Engineers Local 825 Funds Services administers a multi-employer Taft-Hartley benefit fund platform delivering six core benefit programs (Welfare, Pension, Profit Sharing, Savings, Supplemental Unemployment Benefits, and Training) to more than 6,500 Operating Engineers and their families in New Jersey and lower New York State. The organization also provides apprenticeship training through two state-of-the-art training facilities and supplementary services including telemedicine and nurse care coordination.
Is International Union of Operating Engineers Local 825 a public or private company?
International Union of Operating Engineers Local 825 is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was International Union of Operating Engineers Local 825 founded?
International Union of Operating Engineers Local 825 was founded in 1896. It employs 5,001 to 10,000 people.
Where is International Union of Operating Engineers Local 825 based?
International Union of Operating Engineers Local 825 is headquartered in Springfield, United States, in the North America region.
How does International Union of Operating Engineers Local 825 make money?
One revenue line is on record: employer Contributions.
Who are International Union of Operating Engineers Local 825's main competitors?
Broad incumbents on record are Mercer (Marsh McLennan), TIAA, Empower Retirement and Horizon Blue Cross Blue Shield of New Jersey. Direct peers are Building Service 32BJ Benefit Funds, IBEW Local Union Pension Funds, Laborers' International Union of North America (LIUNA) National Pension Fund, Northeast Carpenters Funds, 1199SEIU National Benefit Fund and Operating Engineers Local 3 Funds (Central Pension Fund of IUOE Local 3).
Does International Union of Operating Engineers Local 825 have an API?
No public API is recorded for International Union of Operating Engineers Local 825.
What industry is International Union of Operating Engineers Local 825 in?
International Union of Operating Engineers Local 825's product category is Multi-Employer Taft-Hartley Benefit Fund Administration. Its primary akta.pro industry code is FSAIAFAG, Taft-Hartley / Union Multiemployer Group Health Plans, with a secondary code of FSAAAGAK, Taft-Hartley / Labor Union & Public Sector Retirement Systems. Its NAICS code is 525120 and its SIC code is 8600.