Chicago Regional Council of Carpenters Benefit Funds

What Chicago Regional Council of Carpenters Benefit Funds does

The Chicago Regional Council of Carpenters Benefit Funds is the benefits administration entity associated with the Chicago Regional Council of Carpenters, a regional labor organization in the carpentry trade. Based on the naming convention and structural inferences typical of such entities, it functions as a Taft-Hartley multiemployer benefit trust providing health, pension, and ancillary benefits to eligible union carpenter members, their dependents, and beneficiaries within the Chicago metropolitan area. The organization operates with a small administrative staff of approximately 24 employees, consistent with a plan administration and member services operation rather than a large insurance carrier or asset manager. The official web presence is maintained at cdccbenefits.org, intended as the member-facing portal for plan information and benefits access. No source material discloses products, benefit plan design, contribution structures, service provider arrangements, technology platform, financial scale, or operational footprint beyond the headcount count. As such, deeper analysis of technology architecture, distribution, or competitive positioning is not supported by the available evidence.

Name

Chicago Regional Council of Carpenters Benefit Funds

Website

https://cdccbenefits.org

Company type

Private

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Multi-Employer Benefit Fund Administration

NAICS

Health and Welfare Funds (52512), Pension Funds (525110), Insurance and Employee Benefit Funds (5251)

SIC

Accident & Health Insurance (6321)

akta.pro primary industry

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

akta.pro secondary industries

Work Injury & Workers’ Compensation / Occupational Injury Benefits (BPAIAKAJ), Group Disability Income Insurance (Employer-Sponsored) (FSAIAIAB)

Keywords

• Multiemployer benefit plans
• Taft-Hartley fund administration
• Union health benefits
• Welfare fund management
• Pension fund administration

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Core offering

Chicago Regional Council of Carpenters Benefit Funds is a multi-employer benefit trust organization that administers health, welfare, pension, and related fringe benefits for carpenter union members covered under collective bargaining agreements in the Chicago region.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Regional players

• Cement Masons Local 502 — Welfare & Pension Trust Funds: Taft-Hartley health, welfare, and pension benefit trust for cement masons in the greater Chicago area, a single-trade union benefit fund operating under nearly identical funding and governance conventions.
• Iron Workers Local 1 — Pension and Welfare Funds: Multi-employer pension and welfare benefit plans serving iron workers in the Chicago region, a direct peer in both trade scope (construction) and geography (Chicago).
• Plumbers Local 130 U.A. of Greater Chicago — Welfare & Pension Funds: Jointly trusteed welfare and pension benefit funds for plumbers in the Chicago area, comparable as a fellow multi-employer union benefit fund administered for a single construction trade in the same local market.
• IBEW Local 134 Health and Welfare Fund: Multi-employer health and welfare trust for electricians in the Chicago region, applying the same Taft-Hartley model to a different construction trade and providing a strong regional benchmark for plan design and scale.

Direct peers

• Central Pension Fund of the International Union of Operating Engineers: Large multi-employer Taft-Hartley pension and benefit fund for operating engineers, a peer in the broader construction-trade union benefits space with the same pooled, collectively bargained funding model.
• New York City District Council of Carpenters Benefit Funds: The directly comparable multi-employer Taft-Hartley benefit fund for carpenters in the NYC region, administering health, pension, annuity, vacation, and apprenticeship benefits through the same trade council structure.
• Sheet Metal Workers' National Benefit Funds: National multi-employer benefit funds providing health, retirement, and scholarship benefits to sheet metal workers, a structurally identical Taft-Hartley trust to a carpenter-specific fund.
• Carpenters Pension Fund of Illinois: Multi-employer defined benefit pension fund serving carpenters across Illinois, providing a very close analog to the pension component of the subject fund within an overlapping geography.

Broad incumbents

• Laborers' National Pension Fund: National multi-employer defined benefit pension fund for laborers in the construction industry, illustrating a broader-scale analog of the same pooled-employer pension architecture used by trade-specific funds.
• Teamsters Central States Health & Welfare Fund: One of the largest multi-employer health and welfare funds in the U.S., providing a benchmark for scale, plan design, and the structural risks facing large pooled benefit trusts.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/chicago-regional-council-of-carpenters-benefit-funds

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Chicago Regional Council of Carpenters Benefit Funds