Deferred Compensation Management Council Meeting

September 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 Thursday, September 23, 2021 to join the meeting.

The Access Code is 2485 471 6653 and the Password is ysH5SJwPj63.

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

 

• Meeting Agenda - September 23, 2021

• Item 1 - Call to Order.

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

• Item 3 - Public Comment.

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

• Item 5 - Approve the Action Summary Minutes from the June 23, 2021 meeting.

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

• Item 7 - Receive and File and Approve Actions related to the County of Fresno Deferred Compensation Plan Budget.

  • a. Receive and File the 2020-21 Fiscal Year-End Deferred Compensation Plan Budget Report, prepared by County staff;

  • b. Approve a pro rata distribution of $99,748 to current Deferred Compensation Plan participants based on each participant’s percentage of Deferred Compensation Plan assets as of June 30, 2021.

• Item 8 - 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 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 June 30, 2021, prepared by Northwest Capital Management.

  • b. Approve placement of the Janus Henderson Small Cap Value N on the Watch List.

  • c. Direct Northwest Capital Management to conduct manager searches to find potential replacements for the Nicholas Limited Edition I, Janus Henderson Small Cap Value and BlackRock International Index fund

  • d. Provide direction to Northwest Capital Management on whether to conduct a formal manager search to find a potential replacement for the Great-West target date funds.

• Item 10 - Receive and File the Deferred Compensation Plan Review as of June 30, 2021, prepared by Nationwide Retirement Solutions.