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About the Committee

The Supplemental 401(k) Plan Oversight Committee was established by the Executive Committee on September 4, 1998, in order to help MIT meet its fiduciary responsibilities to participants in response to the decision to outsource the operations of the Supplemental 401(k) Plan. The committee is responsible for the selection and monitoring of investment options and shall consist of no less than seven members, appointed from time to time by the President from among the senior officers, faculty, and staff of the Institute.

The Supplemental 401(k) Plan Oversight Committee is a Standing Institute Committee that reports to the Executive Vice President and Treasurer.