The document discusses the classification of equity interests in the Access Fund as held by 'benefit plan investors' under ERISA regulations. It outlines the implications if the Access Fund's assets are deemed 'plan assets' under ERISA, including fiduciary responsibilities and potential liabilities. It also addresses reporting requirements for ERISA Plan investors on Form 5500 and considerations for governmental pension plans. The document advises fiduciaries to consult legal counsel regarding ERISA and investment decisions.
doj/DataSet10/EFTA01391723.pdf
{"document_type":"financial","document_subtype":"investment document","key_organizations":["Ironsides Asset Management","Access Fund"],"reference_numbers":["GLDUS142","DB-SDNY-0096741","SDNY_GM_00242925","EFTA01391723"]}