The New York City District Council of Carpenters Benefit Funds

What The New York City District Council of Carpenters Benefit Funds does

The New York City District Council of Carpenters Benefit Funds (NYCDCCBF, dba NYCDCC Benefit Funds / NYCDCCBF / NYCDCC Funds) is a non-profit, jointly-trusteed multiemployer employee benefit fund established under the Taft-Hartley Act and governed by ERISA. The organization administers welfare (health), pension, annuity, and vacation benefits, along with supplemental programs such as the Charles Johnson Jr. Memorial Scholarship and the MEND wellness initiative, for active and retired members of the New York City District Council of Carpenters, City of New York carpenters, and administrative staff of the District Council, Fund Office, locals, CCA Metro, and affiliated employer associations.

The fund's core technology is the I-Site member portal — a password-protected, HIPAA-compliant platform that provides members and dependents access to annuity accounts, pension information, welfare benefits, and personal account management. Annuity account functionality is delivered through an integration with Empower (empowermyretirement.com), enabling members to add beneficiaries, view balances, and manage retirement savings. Additional digital surfaces include an MSK Direct portal powered by Memorial Sloan Kettering's online cancer risk assessment tool, a video library, downloadable printable flyers, and employer-facing remittance and collections tools. Operations are HIPAA-compliant and adhere to federal nondiscrimination requirements, with ERISA and HIPAA rights notices published on the organization's website.

The fund operates as a non-profit trust rather than a commercial enterprise. It does not sell products or services in a conventional sense and does not publicly disclose revenue. Funding flows through employer contributions mandated by collective bargaining agreements, with financial reporting handled through Form 5500 filings rather than income statements. The fund maintains a single primary office in New York City, employs 101–250 staff, and reaches members through a mix of in-person service, a self-serve portal, seasonal newsletters, and organic social media on Facebook and Instagram.

Name

The New York City District Council of Carpenters Benefit Funds

Legal name

The New York City District Council of Carpenters Benefit Funds

Website

https://nyccbf.org

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

101–250 employees

Short description

The New York City District Council of Carpenters Benefit Funds is a non-profit, jointly-trusteed Taft-Hartley fund that administers pension, annuity, welfare, vacation, scholarship, and wellness benefits to active and retired NYCDCC union carpenters and their dependents via the I-Site member portal.

Ownership category

akta.pro rank

Product category

Multiemployer Employee Benefit Fund Administration

NAICS

Health and Welfare Funds (52512), Pension Funds (52511), Health and Welfare Funds (525120)

SIC

Hospital & Medical Service Plans (6324), Services-Social Services (8300)

akta.pro primary industry

Contractor Benefits & Perks Administration (BPACAGAJ)

akta.pro secondary industry

Pension Master Trusts, Superannuation & Provident Funds (FSAAAGAB)

Keywords

• Multiemployer benefit fund
• Union pension administration
• Health welfare benefits
• Annuity retirement plans
• Member benefits services

Headquarters

HQ city

New City

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, Marketing or Sales, Infrastructure, Others

Distribution channels3 records

Marketing channels6 records

Core offering

The NYCDCC Benefit Funds is a jointly trusteed Taft-Hartley multiemployer benefit fund that administers welfare (health), pension, annuity, and vacation benefits to active and retired members of the New York City District Council of Carpenters and affiliated populations. It delivers these benefits through an in-house Fund Office, a password-protected I-Site member portal integrated with Empower's annuity platform, and clinical partnerships such as MSK Direct for cancer screening and care coordination.

Product overview

The New York City District Council of Carpenters Benefit Funds is a union benefits organization offering a comprehensive suite of member benefits. The core offering centers on the I-Site member portal, which provides access to three primary benefit programs: Annuity (retirement savings), Pension (defined benefit), and Welfare (health coverage including medical, dental, vision). Supporting these core benefits are add-on programs including Vacation Benefits, the Charles Johnson Jr. Memorial Scholarship, the MEND Wellness Program, a Cancer Screening Initiative, a Video Library, the Benefits Toolbox Newsletter, MSK Direct cancer care partnership, and Life Events reporting tools. The organization also provides employer-facing services for remittance and collections. The portfolio serves NYCDC Carpenters, City Carpenters, and DC/Fund Office staff across active and retired member categories.

Differentiator

Problem solved

Functional benefit

Products and services

• I-Site Member Portal

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Memorial Sloan Kettering Cancer Center (MSK Direct)coreStrategic or Co-development PartnerMemorial Sloan Kettering provides cancer screening assessment tools and healthcare coordination services. The NYCDCC Benefit Funds has a dedicated MSK Direct page linking members to MSK resources. This partnership enables the 'This Is Not A Drill' cancer screening campaign with personalized screening recommendations through MSK's online assessment tool.
• Abacus IntelminorOthersAbacus Intel handles Annual Pension Verification mailings for retirees and beneficiaries. Members receive verification materials from Abacus Intel and are instructed to contact the Fund Office at (800) 529-FUND if they have questions.
• Empower (empowermyretirement.com)coreTechnology or IntegrationEmpower provides the annuity account management platform integrated with the member portal. Members can add beneficiaries, view accounts, and manage retirement savings through the Empower platform at empowermyretirement.com.

Recent moves6 records

Expansion highlights4 records

Direct peers

• Pacific Southwest Carpenters Pension Trust Fund: Multiemployer pension and welfare trust for UBC carpenters across Southern California. Offers a similar jointly trusteed fund structure serving construction trade union members on the West Coast.
• Plumbers Local Union No. 1 Benefit Funds: NYC-based multiemployer benefit fund for UA Plumbers Local 1, administering pension, welfare, and annuity programs through joint trusteeship. Geographically and structurally comparable peer in the same NYC construction ecosystem.
• Sheet Metal Workers' National Benefit Funds: National multiemployer benefit trust for sheet metal workers providing pension, health/welfare, and annuity programs under joint labor-management trusteeship. A direct construction-trade Taft-Hartley peer to NYCDCCBF.
• Mid-America Carpenters Regional Council Benefit Trust Fund: Multiemployer benefit trust providing pension, health, and annuity benefits to UBC carpenters across the Midwest. Structurally and functionally parallel to NYCDCCBF in administering multi-state trade union benefits.
• Central Pension Fund of the International Union of Operating Engineers: Large national multiemployer pension and benefit fund for operating engineers (heavy equipment operators) under joint trusteeship. A large-scale Taft-Hartley peer with comparable fund administration model and construction-trade membership base.
• National Elevator Industry Benefit Plans: Multiemployer benefit plans covering elevator constructors nationally, jointly trusteed under ERISA with pension, health, and related programs. Comparable multiemployer Taft-Hartley fund structure for a different construction trade.
• Chicago Regional Council of Carpenters Benefit Trust Funds: Major multiemployer UBC carpenter benefit fund serving the Chicago region with pension, welfare, and annuity programs under joint trusteeship. Comparable scale and structure to NYCDCCBF for a different metropolitan construction market.
• Building Service 32BJ Benefit Funds: Large NYC-based multiemployer Taft-Hartley benefit fund for SEIU 32BJ building service workers, offering health, pension, and related benefits through joint trusteeship. Comparable in scale, NYC geography, and fund administration model, though serving a different trade.
• Empire State Carpenters Benefit Funds: UBC carpenters union benefit fund covering New York State outside NYC, providing pension, health, and annuity benefits to members via joint labor-management trusteeship. Highly comparable in structure and member profile to NYCDCCBF.
• New England Carpenters Benefit Funds: Taft-Hartley multiemployer benefit fund for UBC carpenters across New England, administering pension, health/welfare, and annuity programs through a similarly joint-trusteed structure. Directly comparable in scope, governance, and membership to NYCDCCBF.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/nycdccbf
• Xx.com/NYCDCCBF
• Facebookfacebook.com/NYCDCCBF

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 The New York City District Council of Carpenters Benefit Funds