Deferred
Compensation Management Council Meeting
June 26, 2025
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,
June 26, 2025 to listen to the
meeting live.
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Meeting Agenda -
June 26, 2025
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Item 1 - Call to Order.
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Item 2 - Public Comment.
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Item 3 - Approve the
June 26, 2025 Agenda.
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Item 4 -
Approve the Action Summary Minutes from the April 10,
2025 meeting.
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Item 5 -
Receive and File the Deferred
Compensation Plan Participation Report, as of May 11,
2025, prepared by County staff.
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Item 6 -
Receive and File the 2024-25
Fiscal Year Third Quarter Budget Report for the 457(b)
Deferred Compensation Plan and 401(a) Defined
Contribution Plan, prepared by County staff.
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Item 7 -
Receive and File Reports and Approve Actions related to
the 457(b) Deferred Compensation Plan and 401(a) Defined
Contribution Plan Investments.
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a.
Receive and File the
457(b) Deferred Compensation Plan and 401(a) Defined
Contribution Plan Investment Reviews as of March 31,
2025, and the County of Fresno Target Date Funds
Fiduciary Review 2024, prepared by Northwest Capital
Management.
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b.
Approve the addition of
the T. Rowe Price Retirement Blend 2070 Tr-A as an
Investment Alternative.
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c.
Approve keeping Fidelity
Advisor® Real Estate Income I (FRIRX) on the watch
list.
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d.
Approve keeping Victory
Core Plus Intermediate Bond R6 (URIBX) on the watch
list
due to the recent change
in management.
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e. Approve
keeping T. Rowe Price Overseas Stock I (TROIX) on
the watch list due to
the recent change in
management.
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Item 8 - Receive and File the 457(b) Deferred
Compensation Plan and 401(a) Defined
Contribution
Plan Review as of March 31, 2025, prepared by Nationwide
Retirement
Solutions.
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