Investments and fees
The Members Retirement Program has selected a full range of investment options that gives you access to a wide range of asset classes, from conservative to aggressive, and the ability to choose from a variety of investment strategies and styles from well-known investment firms.
Administrative fees and program costs are covered through reasonable, ongoing deductions from your account. You pay absolutely no sales fees or back-end charges.
- Program investments
- Program fees
- IRA investments and fees
The program offers three investment strategies for participants to choose from. Each method provides the necessary diversification to help reduce risk while meeting your long-term investment objectives. Keep in mind that diversification does not guarantee a profit or protection against loss. The three investment strategies are asset allocation age-based, asset allocation risk-based and choose your own investment mix.
To learn more about these investment options, review the documents in the chart below. For a better understanding of the investment terms used in these documents, refer to this glossary.
Option 1 - Asset allocation age-based
| Fund Fact Sheet | Summary Prospectus |
| American Funds IS 2010 Target Date Fund |  | |
| American Funds IS 2015 Target Date Fund | | |
| American Funds IS 2020 Target Date Fund | | |
| American Funds IS 2025 Target Date Fund | | |
| American Funds IS 2030 Target Date Fund | | |
| American Funds IS 2035 Target Date Fund | | |
| American Funds IS 2040 Target Date Fund | | |
| American Funds IS 2045 Target Date Fund | | |
| American Funds IS 2050 Target Date Fund | | |
| American Funds IS 2055 Target Date Fund | | |
| American Funds IS 2060 Target Date Fund | | |
| American Funds IS 2065 Target Date Fund | | |
| American Funds IS 2070 Target Date Fund | | |
Option 2 - Asset allocation risk-based
| Fund Fact Sheet | Summary Prospectus |
| Equitable Conservative Growth MF/ETF | | |
| Alliance Bernstein Balanced | | N/A |
| EQ/Aggressive Allocation | | |
| EQ/All Asset Growth Allocation | | |
| EQ/Conservative Allocation | | |
| EQ/Conservative Plus Allocation | | |
| EQ/Moderate Allocation | | |
| EQ/Moderate Plus Allocation | | |
Option 3 - Choose your own investment mix
Cash Equivalents | Fund Fact Sheet | Summary Prospectus |
| Guaranteed Interest Option* | N/A | N/A |
| EQ/Money Market | | |
Bonds | Fund Fact Sheet | Summary Prospectus |
| EQ/Core Plus Bond | | |
| EQ/Intermediate Government Bond | | |
| EQ/PIMCO Global Real Return | | |
| EQ/PIMCO Ultra Short Bond | | |
| Multimanager Core Bond | | |
| Vanguard VIF Total Bond Market Index | | |
Sector/Specialty | Fund Fact Sheet | Summary Prospectus |
| 1290 VT GAMCO Mergers & Acquisitions | | |
| 1290 VT Socially Responsible | | |
| Multimanager Technology | | |
Large Cap Growth | Fund Fact Sheet | Summary Prospectus |
| EQ/Clear Bridge Large Cap Growth ESG | | |
| EQ/Large Cap Growth Index | | |
| EQ/Large Cap Growth Managed Volatility | | |
| EQ/JP Morgan Growth Stock | | |
| Alliance Bernstein Growth Equity | | N/A |
| 1290 Avantis® U.S. Large Cap Growth | | |
Large Cap Blend | Fund Fact Sheet | Summary Prospectus |
| EQ/Capital Group Research | | |
| EQ/Equity 500 Index | | |
| Vanguard VIF Total Stock Market Index | | |
Large Cap Value | Fund Fact Sheet | Summary Prospectus |
| 1290 VT Equity Income | | |
| EQ/Large Cap Value Managed Volatility | | |
Mid Cap Growth | Fund Fact Sheet | Summary Prospectus |
| Alliance Bernstein Mid Cap Growth | | N/A |
| EQ/Janus Enterprise | | |
Mid Cap Blend | Fund Fact Sheet | Summary Prospectus |
| EQ/Mid Cap Index | | |
Mid Cap Value | Fund Fact Sheet | Summary Prospectus |
| EQ/Mid Cap Value Managed Volatility | | |
Small Cap Growth | Fund Fact Sheet | Summary Prospectus |
| EQ/AB Small Cap Growth | | |
Small Cap Blend | Fund Fact Sheet | Summary Prospectus |
| EQ/Small Company Index | | |
Small Cap Value | Fund Fact Sheet | Summary Prospectus |
| 1290 VT GAMCO Small Company Value | | |
International/Global | Fund Fact Sheet | Summary Prospectus |
| EQ/Global Equity Managed Volatility | | |
| EQ/International Core Managed Volatility | | |
| EQ/International Equity Index | | |
| EQ/MFS International Growth | | |
* See the program prospectus for more details on the Guaranteed Interest Option and the Alliance Bernstein Growth Equity Fund.
Investment Portfolios are subject to market risk, including loss of principal. For the Retirement Fund and Asset Allocation Portfolios you will incur higher costs with these portfolios than if you were to invest directly in the underlying portfolios. However, not all of the underlying portfolios may be available as an investment option in the group annuity contract. An investor investing directly in the underlying portfolios would not receive the asset allocation and rebalancing services provided by Equitable. The Retirement Fund Allocation Portfolios are not guaranteed at any time including the target date. Your account value may be less than your original account value at the target date.
For complete information including risks, charges and expenses, review the Members Retirement Program Prospectus. Read it carefully before you invest or send money.
The Members Retirement Program is funded by a group variable annuity contract issued and distributed by Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY). A group variable annuity is a long-term financial product designed for retirement purposes. In essence, a group variable annuity is a contractual agreement in which payments(s) are made to an insurance company on behalf of retirement plan participants, which agrees to pay out an income or a lump sum amount at a later date to those participants. There are contract limitations and fees and charges associated with group variable annuities, which include, but are not limited to administrative fees and charges for investment management. Contact a Retirement Program Specialist for costs and complete details.
Equitable Financial Life Insurance Company and its affiliates do not provide tax, accounting or legal advice or services. You should consult your own tax and legal advisors regarding your particular circumstances.
To learn more about fees and expenses associated with the program and the investment options offered, click on the following documents.
To learn more about IRA investment options, fees and other important information, click on the following documents.