Deferred Compensation Management Council Meeting

December 16, 2021

The meeting will be held at 2:00 p.m. at the Fresno County Employees Retirement Association, 7772 N. Palm Ave., Fresno, CA 93711

Click here at 2:00 p.m. on Thursday, December 16, 2021 to listen to the meeting live.

 

• Meeting Agenda - December 16, 2021

• Item 1 - Call to Order.

• Item 2 - Public Comment.

• Item 3 - Approve the December 16, 2021 Agenda.

• Item 4 - Approve the Action Summary Minutes from the September 23, 2021 meeting.

• Item 5 - Approve the 2022 Deferred Compensation Management Council meeting schedule:

  • a. Thursday, March 24 at 2:30 p.m.

  • b. Thursday, June 2 at 2:30 p.m.

  • c. Thursday, September 22 at 2:30 p.m.

  • d. Thursday, December 15 at 2:30 p.m.

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

• Item 7 - Receive and File the 2021-22 Fiscal Year First Quarter Deferred Compensation Plan Budget Report, prepared by County staff.

• Item 8 - Receive and File the Deferred Compensation Plan Review as of September 30, 2021, prepared by Nationwide Retirement Solutions.

• 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 September 30, 2021, prepared by Northwest Capital Management.

  • b. Classify Janus Henderson Small Cap Value N (JDSNX), Nicholas Limited Edition I (NCLEX), and Blackrock EAFE Equity Index Fund T (10cff5) as To Be Removed.

  • c. Add the following funds: Columbia Small Cap Value Fund II Institutional 3 (CRRYX), Alger Small Cap Focus Y (AOFYX), and Vanguard Developed Markets Index Admiral (VTMGX).

  • d. Remove the Janus Henderson Small Cap Value N (JDSNX) and map all assets to the Columbia Small Cap Value (CRRYX).

  • e. Remove the Nicholas Limited Edition I (NCLEX) and map all assets to the Alger Small Cap Focus Y (AOFYX).

  • f. Remove the Blackrock EAFE Equity Index Fund T (10cff5) and map all assets to the Vanguard Developed Markets Index Admiral (VTMGX).

  • g. Direct Northwest Capital Management to conduct a formal manager search to find a potential replacement for the Great-West Lifetime Target Date Funds.