ERISA Plan Investment Vehicles

Summary

This practice note discusses common investment vehicles used in employee benefit plans governed by the Employee Retirement Income Security Act of 1974, as amended (ERISA). While there is no list of approved investments for ERISA employee benefit plans, whether they are retirement or welfare benefit plans, this practice note seeks to provide an introduction regarding four different types of common investment vehicles: (1) mutual funds, (2) collective investment trusts, (3) other non-registered private funds, and (4) separately managed accounts.