The Participant Directed Investment Program provides a variety of investment vehicles to state and local public employees for their retirement or other tax-advantaged savings plans and to individuals and families in the State Sponsored Savings Plans.  

Participating Plans

 

Participant Directed Investment Program Allocation of Assets by Plan as of September 30, 2022

PDIP Allocation Pie Chart as of September 30 2022

 

  • Health Care Savings Plan  
     
  • Hennepin County Supplemental Retirement Plan (Henn Cnty Plan)  
     
  • Minnesota Deferred Compensation Plan (MNDCP)  
     
  • Public Employees Retirement Assoc. DC Plan  
     
  • Unclassified Retirement Plan (UNCL)  
     
  • Minnesota ABLE Plan 
     
  • Minnesota College Savings Plan  

Investment Vehicles

The SBI's objective in its Participant Directed Investment Program, is to offer broad asset class options at low fees that will help participants achieve their savings goals.  Participants can allocate their funds among one or more of the investment options that meet the statutory requirements and rules established by the plan.

 

Investment Vehicles available to Eligible Plans in the Participant Directed Investment Program

Plans Mutual Funds Supplemental Investment Fund  Program Manager
SIF Asset Class Pools Stable Value Fund Money Market Fund
Health Care Savings Plan      
Hennepin County Supplemental Retirement Plan    
Minnesota Deferred Compensation Plan      
Public Employees Retirement Association (PERA) Defined Contribution Plan      
Unclassified Employees Retirement Plan      
Minnesota ABLE Plan  
Minnesota College Savings Plan