Deferred Compensation Management Council Meeting

June 23, 2021

Out of an abundance of caution regarding the COVID-19 virus,the meeting will be held at 2:00 p.m. via Webex teleconference.

Click here at 2:00 p.m. on Wedesday, June 23, 2021 to join the meeting.

The Access Code is 146 186 8948 and the Password is njKJ2E7QuJ8.

To join by telephone, dial 1-855-282-6330.

 

• Meeting Agenda - June 23, 2021

• Item 1 - Call to Order.

• Item 2 - Roll call to confirm Members in attendance.

• Item 3 - Public Comment.

• Item 4 - Approve the June 23, 2021 Agenda.

• Item 5 - Approve the Action Summary Minutes from the March 24, 2021 meeting.

• Item 6 - Receive and File a Deferred Compensation Plan Participation Report, prepared by County staff.

• Item 7 - Receive and File the 2020-21 Fiscal Year Third Quarter Deferred Compensation Plan Budget Report, prepared by County staff.

• Item 8 - Approve Actions related to the Fiscal Year 2021-22 Deferred Compensation Plan Budget.

  • a. Approve the Fiscal Year 2021-22 discretionary administrative fee of 0.08%.

  • b. Approve the Fiscal Year 2021-22 budget, either as recommended or with amendments.

• Item 9 - Receive and File and Approve Actions related to Deferred Compensation Plan Investments.

  • a. Receive and File the Deferred Compensation Plan Investment Review as of March 31, 2021, prepared by Northwest Capital Management.

  • b. Approve placement of the Nicholas Limited Edition I and the Columbia Dividend Income Fund Institutional 3 Class on the Watch List.

  • c. Direct Northwest Capital Management to review passive target date suites for the Plan’s qualified default investment alternative, with findings to be presented at the next Deferred Compensation Management Council meeting.

• Item 10 - Receive a Verbal Report regarding Save Today! 2021 by Nationwide Retirement Solutions.

• Item 11 - Receive and File the Deferred Compensation Plan Review as of March 31, 2021, prepared by Nationwide Retirement Solutions.