IAM National 401(k) Plan
Is the IAM National 401(k) Fund a part of the IAMAW Union?
The IAM National 401(k) Fund is a separate entity from the IAMAW Union. While the National 401(k) Plan can be negotiated into IAM Collective Bargaining Agreements, it was created for the benefit of IAM members who have negotiated the plan into their collective bargaining agreements.
Is participation in the plan limited to IAM members?
No. Companies with participating IAM members can include other collectively bargained and certain non-union or special-class employees in the plan.