The document discusses the classification of equity interests in the Access Fund as held by 'benefit plan investors' under ERISA, and the implications if the fund's assets are deemed 'plan assets.' It outlines the reporting requirements for ERISA Plan investors on Form 5500 and advises governmental pension plans to consult legal counsel before investing. The document emphasizes the need for fiduciaries to seek legal advice regarding ERISA and investment decisions.
documents/vol00010-efta01354219-pdf.pdf
{"key_people":["Henry Nicholas"],"document_type":"financial","document_subtype":"investment fund disclosure","key_organizations":["Access Fund"],"reference_numbers":["GLDUS143"]}