Employer Bulletin: Your plan administration resource

Fund updates: Three funds to be replaced in December 2021

As indicated in a letter we sent to plan sponsors in August, the following fund replacements will occur on approximately Dec. 10, 2021 (the effective date).

Summary of fund replacements
On the effective date, the following fund replacements will occur. Note that the replacement funds use “MSQ” to reflect our new MissionSquare brand:

our new MissionSquare brand

On the effective date, the VT Invesco Diversified Dividend Fund, VT LSV Small Cap Value Fund, and VT Nuveen Real Estate Fund will close. Asset balances, future contributions, and current allocations will be directed to the replacement funds as shown in the table.

After you’ve had the opportunity to accept the fund lineup changes outlined in the August letter or to designate other replacement fund(s), we’ll notify participants of the changes. The notification will include instructions on how participants with balances in the closing funds can select alternate investment options through Account Access at www.icmarc.org or by contacting our Plan Services team.

If you have questions about these fund changes, log into EZLink and use any of the Contact Us options to reach our Plan Services team.