Page 24 - DCAC February 2023 Files

Important changes to your 457 Deferred Compensation and 401(a) Retirement Plans

The 457 Deferred Compensation and 401(a) Retirement Plans are an important part of many employees’ long-
term financial strategy. That is why the County of San Mateo regularly reviews and sometimes updates the plan’s
investment options so you may continue to select from a competitive range of investment choices.

As a result of a recent review, we are announcing the following plan changes effective
December 28, 2022:

• The following mutual funds are being added to the menu of investment options available:

o Fidelity 500 Index
o Fidelity Mid Cap Index
o Fidelity US Bond Index
o Fidelity International Index
o Fidelity Small Cap Index

• Several mutual funds are being eliminated. As a result, any balances in and/or future contribution
elections directed to the eliminated investment funds will be transferred – or mapped – to funds with
similar investment objectives.

Fund(s) Eliminated: Assets and Allocations Mapping To:
Ticker / Ticker /
Fund Name CUSIP Fund Name CUSIP

Vanguard Institutional Index Instl VINIX Fidelity 500 Index FXAIX
Vanguard Total Stock Mkt Idx Adm VTSAX Fidelity 500 Index FXAIX
American Funds Capital World G/I R6 RWIGX Fidelity 500 Index FXAIX
Invesco Real Estate R5 IARIX Fidelity Mid Cap Index FSMDX

Vanguard Mid Cap Index Ins VMCIX Fidelity Mid Cap Index FSMDX
Vanguard Total Bond Market Index Inst VBTIX Fidelity US Bond Index FXNAX
MassMutual High Yield I MPHZX Fidelity US Bond Index FXNAX
Vanguard Developed Markets Index Admiral VTMGX Fidelity International Index FSPSX
Vanguard Small Cap Index Instl VSCIX Fidelity Small Cap Index FSSNX
PIMCO Long-Term Real Return Inst PRAIX PIMCO Total Return Instl *** PTTRX
Hartford Healthcare HLS IA HIAHX American Funds Growth Fund of Amer R6 *** RGAGX
Vanguard Utilities Index Adm VUIAX American Funds American Mutual R6 *** RMFGX
*** existing funds
Investing involves risk, including possible loss of principal.