Deferred Compensation Management Council Meeting

May 23, 2019

Meeting to be held at 1:30 p.m. in Room 301 of the Hall of Records, 2281 Tulare Street, Fresno, CA 93721

Click here at 1:30 p.m. on Thursday, May 23, 2019 to listen to the meeting live

 

• Meeting Agenda - May 23, 2019

• Item 1 - Call to Order.

• Item 2 - Public Comment.

• Item 3 - Approve the May 23, 2019 Agenda.

• Item 4 - Approve the Action Summary Minutes from the March 21, 2019 meeting.

• Item 5 - Receive and File the 2018-19 Fiscal Year Third Quarter Deferred Compensation Plan Budget Report, prepared by County staff.

• Item 6 - Approve Actions related to the Fiscal Year 2019-20 Deferred Compensation Plan Budget.

  • a. Approve the FY 2019-20 discretionary administrative fee of 0.09%.

  • b. Approve the FY 2019-20 budget, either as submitted or with amendments.

  • c. Select up to three (3) members of the Deferred Compensation Management Council and/or County staff to represent the Deferred Compensation Plan at the 2019 National Association of Governmental Defined Contribution Administrators conference, in New Orleans, LA, September 8-11.

• Item 7 - Receive and File a Plan Outreach Report, prepared by County staff and Nationwide Retirement Solutions.

• Item 8 - Receive and File the Deferred Compensation Plan Review as of March 31, 2019, prepared by Nationwide Retirement Solutions.

• Item 9 - Receive and File the Deferred Compensation Plan Investment Review as of March 31, 2019, prepared by Northwest Capital Management.

• Item 10 - Approve and Authorize the Chair to execute the Second Amendment to the Investment Guidelines for the County of Fresno Deferred Compensation Plan Stable Asset Fund.