What is a Benefit Plan Investor?

Benefit Plan Investors are typically entities that manage money from a retirement plan or employee benefit package. A “Benefit Plan Investor” manages:

• An “employee benefit plan” (as defined in Section 3(3) of ERISA), that is subject to part 4 of Title I of ERISA, OR

• A “plan” (as defined in Section 4975(e)(1) of the Code), that is subject to Section 4975 of the Code