About

Plan Investment Fund (“PIF”) was formed in 1986 as an investment vehicle to invest Blue Cross Blue Shield’s (“BCBS”) liquidity assets. BCS Financial Services Corporation is the Administrator of PIF. Please contact BCS Financial Services Corporation at (800) 621-9215 for additional questions or information. More Information about BCS Financial Services Corporation can be found at BCSF.com.

Trade Cut-Off Times

Government Portfolio 3:00 PM Eastern Time
Money Market Portfolio 8:00 AM, 12:00 PM, 3:00 PM Eastern Time
Ultrashort Duration Government Portfolio 4:00 PM Eastern Time
Ultrashort Duration Bond Portfolio 4:00 PM Eastern Time

Documents Filings

 

Officers

polaroid

SUSAN PICKAR
President and Chief Executive Officer
Plan Investment Fund, Inc.

X

X

SUSAN PICKAR

Chief Financial Officer and Treasurer
BCS Financial Corporation and its subsidiaries

President and Chief Executive Officer
Plan Investment Fund, Inc.

Joining BCS in 2002, Susan is responsible for all financial reporting and accounting, management information systems, administration, cash operations, and enterprise risk management functions. Susan also oversees the investment activities for BCS and its subsidiaries. Susan previously was the head of SEC reporting for a financial services company and spent nine years with KPMG, LLP, specializing in the insurance industry. Susan earned her Bachelor of Business Administration from the University of Wisconsin-Madison and holds a CPA license in the state of Illinois.

polaroid

ALEX HUDSON
Secretary
Plan Investment Fund, Inc.

X

X

ALEX HUDSON

Director of Investments
BCS Financial Corporation

Secretary
Plan Investment Fund, Inc.

Alex is responsible for the investment strategy of BCS Financial Corporation’s assets. Additionally, in his roles for Plan Investment Fund, he leads in the development, administration and operation of the company to ensure the Fund’s investment products remain competitive investment solutions for the Blue Cross and Blue Shield Plans. Prior to joining BCS in 2013, Alex held positions at Sawdust Investment Management Corporation, a private family investment office, as well as Cambridge Associates, a global investment consulting firm. Alex earned a Bachelor of Science in Finance from Salisbury University and holds FINRA Series 6 and 63 licensees.

polaroid

CHRISTOPHER ROLEKE
Treasurer
Plan Investment Fund, Inc.

X

X

CHRISTOPHER ROLEKE

Fund Principal Financial Officer
Foreside Management Services, LLC

Treasurer
Plan Investment Fund, Inc.

Chris has served as Treasurer and Principal Financial Officer of a number of Foreside’s mutual fund clients since 2011. Prior to joining Foreside, Chris was Assistant Vice President – Financial Reporting GAAP and Quality Assurance Manager at JPMorgan Worldwide Securities Services (Boston, MA). Chris was responsible for the financial reporting control environment and regulatory change management for the JPMorgan serviced funds since August 2006. Prior to joining JPMorgan, Chris worked for ten years at Prudential Investments LLC (Newark, NJ) as Manager of Tax and Financial Reporting within the Mutual Fund Treasurer’s Office. Chris has served as Treasurer and Principal Financial Officer of Plan Investment Fund since June 2015.

polaroid

DONNA ROGERS
Chief Compliance Officer
Plan Investment Fund, Inc.

X

X

DONNA ROGERS

Fund Chief Compliance Officer
Foreside Fund Officer Services, LLC

Chief Compliance Officer
Plan Investment Fund, Inc.

Donna joined Foreside in 2011 from State Street Bank where she was a Senior Vice President overseeing the Compliance Advisory Services division. Donna serves as CCO for mutual fund/ETF complexes comprising over $12 billion in net assets. Donna has developed and executed extensive, risk-based testing programs of multiple mutual fund service providers, and has significant experience presenting to Boards of Directors/Trustees and Senior Management. Donna earned a Bachelor of Science from Boston College. Donna has served as the CCO of Plan Investment Fund since January 2013.

 


 

Portfolio Managers

Investment Advisor for the Money Market and Government Portfolios

BlackRock Advisors, LLC

polaroid

EDWARD INGOLD, CFA
Portfolio Manager
BlackRock Advisors, LLC

X

X

EDWARD INGOLD, CFA

Portfolio Manager
BlackRock Advisors, LLC

Ed is a member of the Cash Management team, within BlackRock’s Portfolio Management Group. Ed’s primary responsibility is managing U.S. Liquidity Portfolios, including retail and institutional money market funds. Ed assumed his current responsibilities in 2006. Previously, his responsibilities included managing short-term U.S. fixed income portfolios for corporate, financial, and insurance clients. Prior to joining the Cash Management Group, he was a member of BlackRock’s Trade Operations Group. Before joining BlackRock in 2001, he was with Alliance Capital Management as an account manager. Ed is a member of the New York Society of Security Analysts, the CFA Institute and the CFA Society of Philadelphia. Ed earned a BS degree in business administration from Rowan University in 1994.

polaroid

JOE MARKOWSKI
Portfolio Manager
BlackRock Advisors, LLC

X

X

JOE MARKOWSKI

Portfolio Manager
BlackRock Advisors, LLC

Joe is a member of BlackRock’s Cash Management Group, within BlackRock’s Trading & Liquidity Strategies. Joe is responsible for managing USD liquidity and short duration portfolios, with a focus on overseeing U.S. Government and Treasury strategies. Prior to moving to his current role in 2008, Joe was a member of BlackRock’s Global Rates Investment Team within BlackRock Fundamental Fixed Income portfolio management group. In this role, Joe was responsible for financing the firm’s leveraged funds and alternative products. Joe joined BlackRock in 1993 as a member of the Global Client Group, where he was responsible for marketing and sales support for the firm’s institutional liquidity business. Joe earned a BS degree in finance from Drexel University.

polaroid

RICH MEJZAK, CFA
Portfolio Manager
BlackRock Advisors, LLC

X

X

RICH MEJZAK, CFA

Portfolio Manager
BlackRock Advisors, LLC

Rich is head of Portfolio Management, Americas for the Cash Management Group, within BlackRock’s Trading & Liquidity Strategies. Rich is the chair of the non 2a-7 Investment Strategy & Risk Committee. In addition, he serves on the Cash Management Policy Oversight Committee, the Cash Management Credit Committee, the Cash Management Trade Oversight Committee, the CMG Securitized Asset Risk Committee, and the 2a-7 Investment Strategy & Risk Committee. Rich is primarily responsible for USD & CDN liquidity and short duration portfolios, including securities lending collateral, mutual funds, separate accounts, and ETFs. Rich’s service with the firm dates back to 1990, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Rich is a member of the CFA Institute and the CFA Society of Philadelphia. Rich earned a BS degree in accounting from Villanova University in 1990 and serves on the Villanova School of Business Finance Department Advisory Council.

 


 

Investment Advisor for the Ultrashort Duration Government and Bond Portfolios

Merganser Capital Management, LLC

polaroid

PETER S. KAPLAN, CFA
Portfolio Manager
Merganser Capital Management, LLC

X

X

PETER S. KAPLAN, CFA

Portfolio Manager
Merganser Capital Management, LLC

Peter joined Merganser in 1986 and is the team leader for the asset backed securities (ABS) sector. Peter is a portfolio manager for Merganser’s shorter duration strategies and also serves as the co-team leader for Merganser’s Cash Enhancement product. Prior to joining Merganser, Peter worked for SEI Corporation and managed the design, development, and implementation of investment accounting systems. Prior to SEI Corporation, Peter worked at Interactive Data Corporation, where he developed investment applications for institutional investment managers. Peter holds the Chartered Financial Analyst designation, is a member of the CFA Institute and the Boston Security Analysts Society, and is a graduate of Babson College (MBA) and the University of Massachusetts (BA).

polaroid

JENNIFER K. WYNN, CFA
Portfolio Manager
Merganser Capital Management, LLC

X

X

JENNIFER K. WYNN, CFA

Portfolio Manager
Merganser Capital Management, LLC

Jennifer joined Merganser in 2000 and is the team leader for the credit sector, as well as a portfolio manager for Merganser’s shorter duration strategies. She also serves as the co-team leader for Merganser’s Short Term Bond product and is a member of Merganser’s Management Committee. Before joining Merganser, Jennifer worked at Camp Dresser & McKee as a Water Resources Engineer. She began her career with American National Bank and Trust Company where she served as portfolio manager on Lehman Aggregate-indexed funds. In this role she was also responsible for trading government, corporate, mortgage backed, and asset backed securities. Jennifer holds the Chartered Financial Analyst designation, is a member of the CFA Institute and the Boston Security Analysts Society, and is a graduate of the University of Chicago Graduate School of Business (MBA), the Massachusetts Institute of Technology (MS), and Princeton University (BSE).

 

INVESTMENT RISKS

*Effective June 29, 2016, the Government/REPO Portfolio changed its name to Government Portfolio.

Government Portfolio: You could lose money by investing in the Portfolio. Although the Portfolio seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Portfolio is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.

Money Market Portfolio: You could lose money by investing in the Portfolio. Because the share price of the Portfolio will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The Portfolio may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the Portfolio’s liquidity falls below required minimums because of market conditions or other factors. An investment in the Portfolio is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.

Bonds offer a relatively stable level of income, although bond prices will fluctuate providing the potential for principal gain or loss. Intermediate-term, higher quality bonds generally offer less risk than longer term bonds and a lower rate of return. Generally, a fund’s fixed income securities will decrease in value if interest rates rise and vice versa.

The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the Fund, and may be obtained by calling (800) 621-9215, or visiting the website at www.pif.com. Read the prospectus carefully before investing.

The Funds are distributed by Foreside Fund Services, LLC.