About Us
Wilson-McShane Corporation is a Certified Employee-Owned financial services company headquartered in Bloomington, Minnesota. The firm was founded in 1969 by Pat McShane and John Wilson. Wilson-McShane Corporation specializes in providing stable, high-quality, and responsible third-party administration for Taft-Hartley Multiemployer benefit funds. The firm administers over 100 Taft-Hartley Multiemployer Funds, committed to offering exceptional customer service to plan participants.
These funds are trust benefit funds jointly managed by labor and management trustees, rather than union or company funds. Trustees hire Wilson-McShane to perform various administrative functions, including receiving employer contributions, determining participant eligibility, paying healthcare claims and pension benefits, and handling day-to-day recordkeeping activities. In 2021, Wilson-McShane Corporation became employee-owned when they implemented an Employee Stock Ownership Plan (ESOP).