National Elevator Industry Benefit Plans (NEIBP) began self-administration in 1989 with the sole purpose of administrating collectively bargained employee benefits for the members and retirees of the International Union of Elevator Constructors.

Prior to 1989, these collectively bargained employee benefits were administrated by large banks and insurance companies. As technology began to mature in the 1980’s, the professionals and systems necessary to break away from the large banks and insurance companies became a cost effective desirable alternative.

In 1989 we formed our first office which was located in Philadelphia, Pennsylvania and began administrating benefits associated with the Pension fund. In 1993 our office expanded to administrate the Health & Welfare fund and moved to its current location in Newtown Square, Pennsylvania. Today, our office staff administrates benefits for over 90,000 individuals that are covered under a variety of collectively bargained employee benefits.