Bpf HiBiN

What Bpf HiBiN does

Bpf HiBiN is a Dutch sector pension fund (bedrijfstakpensioenfonds) for the building materials trade (bouwmaterialenhandel), operating as a non-profit, solidarity-based entity since 1958. Membership is mandatory for employers and employees in the sector under a collective labor agreement, with the fund serving approximately 36,000 participants comprising active workers, former participants, and current pension recipients. The fund manages approximately €1.2 billion in invested assets (belegd vermogen) with a policy coverage ratio (beleidsdekkingsgraad) of 129.6% as of 30 June 2026.

The product offering centres on a pension scheme providing old-age pension (OudedomsPensioen), partner pension (Partnerpensioen), orphan pension (Wezenpensioen), and disability pension (Arbeidsongeschiktheidspensioen), supplemented by voluntary Anw-hiaat insurance to close survivor income gaps. The total pension premium is set at 25.35% of the pension base, split 2/3 employer and 1/3 employee, with monthly billing. The fund is undergoing a regulatorily mandated transformation from a middelloonregeling (average salary defined-benefit scheme) to a solidaire premieregeling (SPR) under the Wet toekomst pensioenen, planned for 1 October 2026, which introduces a temporary partner pension alongside the existing lifetime partner pension.

Operations are supported by two core technology vendors: Lumera for the pension administration platform (selected 30 March 2023, automating participant records, premium tracking, and pension calculations) and Northern Trust for equity investment management in developed and emerging markets, including ESG-aligned voting, engagement, and exclusion of tobacco, weapons, and child labour. The fund operates with 17 employees from Prinsenbeek/Etten-Leur, delivers service through the Mijn BpfHiBiN portal, semi-annual 'Bijna met Pensioen' seminars, and bookable consultations via Microsoft 365, and is governed by social partners Koninklijke Hibin, FNV, CNV, and De Unie under the supervision of DNB and AFM.

Name

Bpf HiBiN

Legal name

Bpf HiBiN (Bedrijfstakpensioenfonds voor de Bouwmaterialenhandel)

Website

https://bpfhibin.nl

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Bpf HiBiN is a Dutch mandatory sector pension fund for the building materials trade, providing old-age, partner, orphan, and disability pensions to ~36,000 participants with €1.2 billion in invested assets, transitioning to a new solidary premium scheme by October 2026.

Ownership category

akta.pro rank

Product category

Sector Pension Fund (Industry Pension Administration)

NAICS

Pension Funds (525110)

SIC

Life Insurance (6311)

akta.pro industry

PRIMARYFSAAAGAB

Pension Master Trusts, Superannuation & Provident Funds

Financial & Insurance/Asset & Wealth Management/Asset Management — Institutional (Pensions, Endowments, Sovereign)

Keywords

• Sector pension fund
• Pension administration
• Defined benefit pensions
• Survivor benefits
• ESG investing

Headquarters

HQ city

Etten-Leur

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Pricing tiers

Distribution channels2 records

Marketing channels6 records

Core offering

Bpf HiBiN is a statutory Dutch sector pension fund (bedrijfstakpensioenfonds) for the building materials trade, providing mandatory old-age, partner, orphan, and disability pensions to approximately 36,000 participants under a solidarity-based scheme. The fund administers employer-and-employee pension contributions set by collective labor agreement and invests roughly €1.2 billion in assets through Northern Trust with an ESG-aligned mandate, while preparing to transition to the new solidaire premieregeling (SPR) by 1 October 2026.

Product overview

Bpf HiBiN is a bedrijfstakpensioenfonds (industry pension fund) for the Dutch building materials trade sector. The organization provides a comprehensive pension system including old-age pension (OudedomsPensioen), partner pension (Partnerpensioen), orphan pension (Wezenpensioen), and disability pension (Arbeidsongeschiktheidspensioen). The fund operates on a solidarity principle, currently transitioning from a middelloonregeling to a solidaire premieregeling (SPR) planned for October 2026. Additional services include Anw-hiaatregeling (gap insurance for surviving partners), personalized pension consultations, and ESG-focused investment management. Participants access services through the Mijn BpfHiBiN online portal and receive information via Pensioen 1-2-3 documentation. The fund uses Lumera for pension administration and Northern Trust for investment management.

Differentiator

Problem solved

Functional benefit

Products and services

• OudedomsPensioen (Old-age Pension) Lifetime pension payments to retired participants in the Dutch building materials trade, including those who continue accruing pension before retirement.
• Partnerpensioen (Partner Pension) Pension benefits for surviving partners of deceased participants; from 1 October 2026 this includes both a lifelong partner pension and a temporary partner pension payable until the partner's AOW age.
• Wezenpensioen (Orphan Pension) Pension benefits for children of deceased participants in the building materials trade pension scheme.
• Arbeidsongeschiktheidspensioen (Disability Pension) Pension benefits for participants who become disabled, providing continued pension accrual in qualifying circumstances.
• Anw-hiaatregeling (Anw Gap Insurance) Voluntary insurance covering the income gap for surviving partners who do not qualify for government Anw benefits; premiums vary by age from €97/year (under 25) to €863/year (65+) and are paid via salary deduction.
• Persoonlijk Pensioengesprek (Personal Pension Consultation) Personal appointment service offering video calls, phone consultations, or in-person meetings at the Etten-Leur office for individual pension planning, including guidance on the new WTP/SPR pension system.
• Mijn BpfHiBiN Portal Online participant portal where participants can view their pension details, perform calculations, and manage their pension affairs digitally.
• Pensioen 1-2-3 Three-layer statutory information document explaining pension scheme details: Layer 1 (summary), Layer 2 (detailed information), Layer 3 (legal policy documents).

Quantifiable outcome

• Pension increased 5% from January 2023 (first increase since 2008)
• +1 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

Integration3 records

Feature2 records

Partnerships

Eight partnerships are on record, tiered core.

• LumeracoreTechnology or Integration · 30 March 2023Lumera provides the pension administration system for Bpf HiBiN. The system handles participant records, premium tracking, and pension calculations. It fully automates processes, enabling better service delivery and supporting the transition to the new Solidaire Premieregeling (SPR) pension system.
• Northern TrustcoreTechnology or IntegrationNorthern Trust manages Bpf HiBiN's equity investments in developed and emerging markets through investment funds. They conduct shareholder engagement and voting on behalf of Bpf HiBiN at investee companies. Northern Trust also coordinates with initiatives such as Climate Action 100+, FAIRR, GRESB, and SASB.
• Koninklijke HibincoreStrategic or Co-development PartnerKoninklijke Hibin is the employer organization in the Dutch building materials trade. Together with employee organizations (FNV, CNV, De Unie), they are the social partners that determine the pension scheme terms, premium rates, and the transition to the new Solidaire Premieregeling.
• FNVcoreStrategic or Co-development PartnerFNV is one of the main trade unions in the Netherlands and serves as a social partner in the building materials trade sector. FNV, along with CNV and De Unie, determines pension scheme terms with Koninklijke Hibin.
• CNVcoreStrategic or Co-development PartnerCNV is a Dutch trade union active in the building materials trade sector as a social partner. CNV participates in determining the pension scheme, premium rates, and new Solidaire Premieregeling transition plan.
• De UniecoreStrategic or Co-development PartnerDe Unie is a Dutch trade union serving as a social partner in the building materials trade. Together with Koninklijke Hibin, FNV, and CNV, De Unie determines pension scheme terms and the transition plan to the new pension system.
• De Nederlandsche Bank (DNB)coreOthersDNB is the Dutch central bank and financial regulator that supervises Bpf HiBiN. DNB reviews and approves Bpf HiBiN's implementation plan and invaarmelding (transition notification) for the new pension system.
• Autoriteit Financiële Markten (AFM)coreOthersAFM is the Dutch Authority for the Financial Markets, a regulator that supervises Bpf HiBiN alongside DNB. AFM reviews and approves the fund's implementation and communication plans for the new pension system.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• APG: Largest Dutch pension administrator, running operations for ABP and other funds. Comparable to the combined Lumera/Northern Trust stack that supports Bpf HiBiN, representing the most established outsourced-pension-services model in the Netherlands.
• PGGM: Dutch pension administrator and asset manager that runs the back office for PFZW and other sector funds. Comparable to the role Lumera and Northern Trust play for Bpf HiBiN, but at far larger scale and with full-service in-house capabilities versus Bpf HiBiN's outsourced model.
• PFZW (Stichting Pensioenfonds Zorg en Welzijn): Dutch sector pension fund for the healthcare and welfare sector. Functions under the same bedrijfstakpensioenfonds model as Bpf HiBiN but at much larger scale, providing a useful benchmark for governance, governance-outsourced administration, and SPR transition design.
• ABP (Stichting Pensioenfonds ABP): The largest Dutch pension fund, serving government and education employees. While far larger and public-sector-focused, ABP operates under the same Dutch pension regulatory regime and is navigating an analogous WTP transition, making it a reference point for sector-fund strategic options.

Others

• TKP: Dutch pension services provider offering administration, communication, and consulting to multiple Dutch sector pension funds. A direct functional alternative to Bpf HiBiN's Lumera partnership, illustrating competitive vendor options for small and mid-size Dutch funds.
• AZL: Pension administration and communication provider serving multiple Dutch sector pension funds. Like TKP, AZL competes in the same vendor market as Lumera for managing back-office operations at funds of Bpf HiBiN's size and structure.

Direct peers

• Bpf MITT (Stichting Bedrijfstakpensioenfonds MITT): Industry-wide pension fund covering multiple adjacent trade and industry sub-sectors. Shares Bpf HiBiN's mandatory multi-employer model, social-partner governance, and exposure to the WTP migration now in progress across all Dutch sector funds.
• Pensioenfonds Detailhandel: Dutch sector pension fund for the retail trade, structured under the same bedrijfstakpensioenfonds framework as Bpf HiBiN. Comparable in mandate (caol-determined premiums, mandatory participation) and in size, serving a defined trade-vertical workforce.
• PMT (Stichting Pensioenfonds Metaal & Techniek): Dutch sector pension fund for the metal and technology industry, with a similar industry-wide mandate, social-partner governance, and DNB/AFM supervision. Operates at a comparable scale in terms of participant base and liabilities to Bpf HiBiN.
• BpfBOUW (Stichting Bedrijfstakpensioenfonds voor de Bouw): Dutch sector pension fund (bedrijfstakpensioenfonds) for the broader construction sector. Same mandatory cao-based structure and pooled multi-employer governance model as Bpf HiBiN, making it the closest analogue for the building materials trade fund.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/bpfhibin

Compliance3 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 Bpf HiBiN