Deferred Compensation Management Council Meeting

September 28, 2023

The meeting will be held at 2:30 p.m. in Room 301 of the Hall of Records, 2281 Tulare Street, Fresno, CA 93721

Click here at 2:30 p.m. on Thursday, September 28, 2023 to listen to the meeting live.

 

• Meeting Agenda - September 28, 2023

• Item 1 - Call to Order.

• Item 2 - Public Comment.

• Item 3 - Approve the September 28, 2023 Agenda.

• Item 4 - Approve the Action Summary Minutes from the June 15, 2023 meeting.

• Item 5 - Receive and File the Deferred Compensation Plan participation report, prepared by County staff.

• Item 6 - Receive and File and Approve Actions related to the 457(b) Deferred Compensation Plan and 401(a) Defined Contribution Plan Budget.

  • a. Receive and File the 2022-2023 Fiscal Year-End Budget Report, prepared by County staff;

  • b. Approve a pro rata distribution of $58,131 to current 457(b) Deferred Compensation Plan participants based on each participant’s percentage of the Plans’ total assets as of June 30, 2023.

• Item 7 - Receive and File a presentation regarding the County of Fresno Stable Value Fund, prepared by Empower Investments.

• Item 8 - Receive and File the 457(b) Deferred Compensation Plan and 401(a) Defined Contribution Plan Review as of June 30, 2023, prepared by Nationwide Retirement Solutions.

• Item 9 - Receive and File Reports and Approve Actions related to the 457(b) Deferred Compensation Plan and 401(a) Defined Contribution Plan Investments.

  • a. Receive and File the 457(b) Deferred Compensation Plan and 401(a) Defined Contribution Plan Investment Reviews as of June 30, 2023, prepared by Northwest Capital Management.

  • b. Approve keeping Invesco Developing Markets R6 (ODVIX) on the watch list.

  • c. Approve adding Metropolitan West Total Return Bd Plan (MWTSX) to the watch list.