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COUNTY OF SAN MATEO
DEFERRED COMPENSATION ADVISORY COMMITTEE February 24, 2022

A motion was made to approve the 2022 Participant Communication/Education Plan.

M/S/C Raw/Okada/6-0 (Absent: Perry, Love and Wentworth) Motion approved by roll call
vote.

13. DCAC Education Plan
A. Agreement on Date for DCAC Fiduciary and Other Trainings (Jay Castellano)
B. Review of Preliminary 2022 Education Plan (Wendy Dominguez)

In the interest of time, Item 13 was deferred to the next DCAC meeting on May 26.

14. Review and Approval of 2022 Plan Survey Questionnaire (Armando Llanes)

Empower reviewed the final version of the 2022 Plan Survey Questionnaire based on
the DCAC’s input during its November 4, 2021, meeting.

A motion was made to approve the 2022 Plan Survey Questionnaire for immediate
administration so that results can be reviewed in the next DCAC meeting on May 26.

M/S/C Finnegan/Mejia/6-0 (Absent: Perry, Love and Wentworth) Motion approved by roll
call vote.

15. 2022 NAGDCA Conference
A. Discussion of Potential NAGDCA Award Nominations (Jay Castellano)
B. Discussion of Potential Attendees to Conference in Baltimore, September 18-21
(Jay Castellano)

Innovest, Empower and staff described two award nominations that will be prepared
and submitted:
• Long-term plan improvements in participation, asset growth and plan design
that have made the plan more successful
• Coordination of all of the County’s financial wellness resources into a cohesive
program

DCAC members and staff who expressed an interest in attending the NAGDCA
Conference are as follows: Chair Okada, Member Raw and Jay Castellano

16. Legislative Updates (Gordon Tewell and Bob Gleason)

The DCAC accepted this update by Innovest.

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