ICMA-RC's Governance and Structure

The ICMA Retirement Corporation (ICMA-RC) establishes, maintains and provides administrative services to retirement and deferred compensation plans exclusively for state and local employers and their employees.

The ICMA Retirement Corporation Board of Directors sets policy for ICMA-RC, directs the President and Chief Executive Officer and makes investment policy recommendations to the VantageTrust Company. The Board’s Investment Committee approves portfolio manager changes and monitors subadvisers of the corporation-managed Vantagepoint Funds.

VantageTrust Company, through the commingled investment trust, VantageTrust, offers a range of investment funds designed for retirement plan investing. ICMA-RC is the investment adviser to the VantageTrust Company.

The VantageTrust Company Board of Director’s members are fiduciaries of the VantageTrust elected by employers. The Directors consider the interest of participants when authorizing new funds, approving investment policies and fund expenses and monitoring VantageTrust funds.

The Vantagepoint Funds, registered with the Securities and Exchange Commission (SEC), is a “series” mutual fund, offering 30 different portfolios. Individual retirement account assets of public employees and their families may be invested in the funds. ICMA-RC is the sponsor of the Vantagepoint Funds.

The Vantagepoint Funds Board of Directors is responsible for protecting the interests of fund shareholders, reviewing the performance of the Vantagepoint Investment Advisors, LLC, and reviewing the performance of the fund subadvisers.

ICMA-RC Services, LLC, the broker-dealer affiliate of ICMA-RC, is a member firm of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).