Deferred Compensation Management Council Meeting

October 11, 2018

Meeting to be held at 3:00 p.m. at the Hall of Records, Room 301, 2281 Tulare Street, Fresno, CA 93721

Click here at 3:00 p.m. on Thursday, October 11, 2018 to listen to the meeting live

• Meeting Agenda - October 11, 2018

• Item 1 - Call to Order.

• Item 2 - Public Comment.

• Item 3 - Approve the October 11, 2018 Agenda.

• Item 4 - Approve the Action Summary Minutes from the June 14, 2018 meeting.

• Item 5 - Receive a Verbal Report on the 2018 National Association of Government Defined Contribution Administrators Conference from Member Nerland, staff and Northwest Capital Management.

• Item 6 - Receive and File and Approve Actions related to the County of Fresno Deferred Compensation Plan Budget

  • a. Receive and File the 2017-18 Fiscal Year-End Deferred Compensation Plan Budget Report, prepared by County staff;

  • b. Approve a pro rata distribution of $115,614 to current Deferred Compensation Plan participants based on each participant's percentage of Deferred Compensation Plan assets as of June 30, 2018.

• Item 7 - Approve the proposed Amended and Restated County of Fresno 457(b) Deferred Compensation Plan Document and direct staff to submit the Plan Document to the Board of Supervisors for approval.

• Item 8 - Receive and File the Deferred Compensation Plan Investment Review as of June 30, 2018, prepared by Northwest Capital Management.

• Item 9 - Receive and File Reports and Approve Actions related to the County of Fresno Stable Value Fund.

  • a. Receive and File a Stable Value Fund Manager report prepared by Northwest Capital Management;

  • b. Approve the incumbent manager, Great-West Financial, as the Stable Value Fund Manager.

• Item 10 - Receive and File the Deferred Compensation Plan Review as of June 30, 2018, prepared by Nationwide Retirement Solutions.