Laborers National Pension Fund

What Laborers National Pension Fund does

Laborers National Pension Fund (LNPF) is a Taft-Hartley multiemployer defined benefit pension fund established in 1970 to provide retirement income security for workers represented by the Laborers' International Union of North America (LIUNA). The fund serves participants primarily in the pipeline, building, and construction industries through affiliated local unions and district councils, with employer contributions collected under collective bargaining agreements. Since inception with 274 pensioners, the fund has scaled to serve over 20,000 pensioners and has distributed more than $3.7 billion in cumulative benefits over its operating history.

The fund's core operational technology consists of two web-based portals deployed on the ISSI Systems platform: a Member Portal that enables participants to register accounts, view earned pension credit, and access benefit information via an email-based activation code system, and an i-Remit Portal that allows employer contributors to access accounts and view remittance entry and payment information. These portals serve as the primary self-service infrastructure for both participants and contributing employers, supplementing traditional phone, email, and fax support channels.

LNPF operates as a trust rather than a traditional for-profit entity, governed by a board of trustees with equal labor-management representation as mandated by the Taft-Hartley Act. Its revenue mechanics consist of employer contributions negotiated through collective bargaining and investment returns on accumulated fund assets, with benefit levels determined by the Accrued Benefits Schedule and Plan Documents rather than market-based pricing. The fund is headquartered in Dallas, Texas, operates with a staff of 1-10 employees, and is not publicly traded.

Name

Laborers National Pension Fund

Legal name

Laborers National Pension Fund

Website

https://lnpf.org

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

1–10 employees

Short description

Laborers National Pension Fund is a Taft-Hartley multiemployer defined benefit pension fund providing retirement income security to over 20,000 workers and retirees represented by LIUNA in the construction, building, and pipeline industries, operating since 1970 with two ISSI Systems-powered self-service portals.

Ownership category

akta.pro rank

Product category

Multi-Employer Pension Fund Administration

NAICS

Pension Funds (525110), Insurance and Employee Benefit Funds (5251)

SIC

Finance Services (6199)

akta.pro primary industry

Pension Master Trusts, Superannuation & Provident Funds (FSAAAGAB)

akta.pro secondary industry

Corporate & Public Pension Funds (DB/DC Sponsors) (FSAAAGAA)

Keywords

• Multi-employer pension fund
• Defined benefit retirement
• Pension plan administration
• Construction industry benefits
• Retirement income security

Headquarters

HQ city

Dallas

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, Others

Revenue model

1. Pension Contributions: Multi-employer pension fund receiving contributions from employers on behalf of workers represented by LIUNA in the pipeline, building and construction industries. Contributions accumulate to fund retirement benefits paid out to pensioners.

Distribution channels2 records

Marketing channels4 records

Core offering

The Laborers National Pension Fund (LNPF) is a Taft-Hartley multi-employer defined benefit pension fund that collects contributions from employers on behalf of workers represented by LIUNA and affiliated Local Unions and District Councils, primarily in the pipeline, building, and construction industries. Accumulated contributions and investment returns are used to pay lifetime retirement, survivor, and disability benefits to participating workers, currently serving over 20,000 pensioners with more than $3.7 billion in cumulative benefits distributed.

Product overview

Laborers National Pension Fund (LNPF) is a single, unified pension fund offering providing retirement income security for workers represented by LIUNA and affiliated Local Unions and District Councils. The organization operates two interconnected web-based member-facing portals: the Member Portal for participants to view pension credit and account information, and the i-Remit Portal for remittance entry and payment management. Supporting services include Participant Manuals, Summary Plan Descriptions, Accrued Benefits Schedules, and Annual Funding Notices.

Differentiator

Problem solved

Functional benefit

Products and services

• Laborers National Pension Fund (Defined Benefit Pension Plan) Core Taft-Hartley multi-employer defined benefit pension plan providing retirement income security, survivor benefits, and disability benefits to workers represented by LIUNA in the pipeline, building, and construction industries. Currently serves over 20,000 pensioners.
• Member Portal Online self-service portal for pension plan participants to register accounts, log in, view earned pension credit, access statements, and obtain benefit information. Activation codes are sent by email during registration.
• i-Remit Portal Online remittance portal for employer contributors to access their accounts, view remittance entry and payment information, and manage pension contributions on behalf of workers covered by collective bargaining agreements.

Quantifiable outcome

• Grown from 274 pensioners in 1970 to over 20,000 pensioners currently
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature1 record

Partnerships

One partnership is on record.

• Laborers' International Union of North America (LIUNA)coreStrategic or Co-development PartnerLNPF is affiliated with LIUNA and serves workers represented by the union. LIUNA is one of North America's largest labor unions representing construction workers. The pension fund has been providing retirement income security for LIUNA workers for over 50 years.

Scale indicators3 records

Recent moves3 records

Expansion highlights1 record

Broad incumbents

• Plumbers and Pipe Fitters National Pension Fund: A large national multiemployer pension fund for UA plumbers and pipefitters; shares the construction-industry focus and Taft-Hartley DB structure with LNPF but covers a different skilled trade.
• National Electrical Benefit Fund (NEBF): A large multiemployer defined benefit pension fund for IBEW (electrical workers) across the U.S.; operates under the same Taft-Hartley framework but serves a different construction trade.
• Central States Pension Fund (Teamsters): One of the largest multiemployer pension funds in the U.S. covering Teamsters members; comparable in fund structure and regulatory exposure but covers transportation and warehousing rather than construction.
• Carpenters Pension Fund: A multiemployer defined benefit pension plan for union carpenters in the construction industry; operates under Taft-Hartley governance with similar regulatory and funding dynamics as LNPF.
• Operating Engineers Local 324 Pension Fund: A multiemployer pension fund for operating engineers (heavy equipment operators) in Michigan; structurally identical to LNPF but covering a different construction trade.

Direct peers

• Indiana State Council of Laborers Pension Fund: A LIUNA-affiliated multiemployer pension fund covering construction laborers in Indiana; closely comparable to LNPF in structure, contribution model, and target worker population.
• New England Laborers' Pension Fund: Multiemployer pension fund serving LIUNA construction laborers across the New England states; comparable in plan design, target demographics, and participating industries to LNPF.
• Midwest Laborers' Pension Trust Fund: Multiemployer pension plan covering LIUNA members across the Midwest; same defined benefit, Taft-Hartley model and construction-industry focus as LNPF.
• Laborers Pension Trust Fund (Detroit): A Taft-Hartley multiemployer defined benefit pension fund covering LIUNA members in the Michigan region; directly comparable to LNPF in industry served, plan structure, and target population.
• Central Laborers' Pension Fund (Illinois): An Illinois-based multiemployer pension plan for LIUNA-affiliated construction laborers; operates with the same Taft-Hartley governance and defined benefit structure as LNPF.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/laborers-national-pension-fund

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 Laborers National Pension Fund