Zenith American Solutions® Successfully Transitions Operating Engineers Local 3 Trust Funds
Release date: 3/8/2017
Alameda, California –March 8, 2017– Zenith American Solutions, Inc. (“Zenith”) announced the successful transition of administrative services for the Operating Engineers Local 3 Trust Funds and their participants onto the Zenith technology and service platform. Zenith is the largest independent third party administrator of Taft-Hartley trust funds in the United States.
“We are extremely proud to be the new benefits administrator for the Operating Engineers Local 3 Trust Funds,” said Art Schultz, chief executive officer of Zenith. “As the new administrator, we are committed to providing the highest level of service that the members and employers of OE3 deserve. We are off to a great start and our entire team looks forward to servicing these Funds for many years come.”
“To date Zenith has done an exceptional job transitioning and implementing the Operating Engineers Local 3 Funds,” said Russ Burns, co-chairman of many of the funds. “The Operating Engineers Local 3 represents over 27 different funds and over 35,000 participants. Zenith’s attention to detail and expertise in taking on the administrator’s role ensured a seamless transition for the funds and their participants.”
Greg Trento, Vice President, led the transition from Zenith’s new Alameda, California office, in conjunction with Zenith’s highly skilled implementation team, ensuring the highest quality customer service and on time implementation.
Following a stringent competitive bid process and a thorough vetting of each bidders capabilities, Operating Engineers Local 3 Trust Funds chose Zenith as their new benefits administrator in mid-2016 based on their reputation and focus on providing the best people, services, technologies, systems and support to self-funded benefit plans.
About Operating Engineers Local 3
Operating Engineers Local 3 is the largest construction trades local in the U.S., representing over 35,000 members across our four-state jurisdiction of California, Hawaii, Nevada and Utah. From heavy equipment operators and mechanics, to surveyors, construction inspectors, highway maintenance workers, police officers and other public employees, they represent the men and women who drive this country’s economy.
About Zenith American Solutions
Zenith American Solutions, Inc. (Zenith) has been providing high quality administrative services since 1944. With more than 40 collectively bargained offices across the country, Zenith manages benefit plans as a third-party benefits administrator (TPA) serving over 700,000 health plan members and dependents, and over 800,000 retirement plan participants for Taft-Hartley trust funds, trade associations, government entities and corporate employers. Zenith is a company of Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry. For more information, visit www.zenith-american.com.