Page 13 - DCAC February 2023 Files

COUNTY OF SAN MATEO
DEFERRED COMPENSATION ADVISORY COMMITTEE Minutes from December 12, 2022

4. Next Steps in Investment Menu Analysis (Innovest)

A. ESG Alternatives (Brett Minnick)
B. Review of HRA Plan Fees (Kyli Soto)

The DCAC accepted this presentation.
Action: Provide review and evaluation of PIMCO Total Return for DCAC’s consideration
as another ESG option (Innovest)
Action: Add appropriate questions to annual participant survey regarding desire/need
for ESG options (Empower)
Action: Write article to accompany matrix of CSM plan options’ ESG characteristics for
employee newsletter (after discussion of PIMCO Total Return) (Innovest)
Action: Align HRA investment options with other defined contribution plans (Innovest)

5. Develop 2023 Goals & Objectives (Wendy Dominguez)

A. Introduction & Background
B. Best Practice at Other Agencies
C. DCAC Discussion
D. Next Steps

The DCAC accepted this presentation.
Action: Draft goals, standards for DCAC’s consideration before developing next steps
(Innovest)

6. Participant Distributions: Review of Checklist (Brett Minnick, Patrick
Washington)

The DCAC accepted this presentation.

7. Appoint Ad Hoc Committee Members for RHRA Request for Proposals (Jay
Castellano)

The following DCAC members volunteered to serve on the ad hoc committee:
• Lisa Okada
• Rob Raw
• Gina Wilson
Action: Coordinate the Kick-Off meeting with DCAC members and Benefits Committee
members (Staff, Innovest)

ADJOURNMENT

The meeting was adjourned at 3:00pm.

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