Page 5 - DCAC February 2023 Files

COUNTY OF SAN MATEO
DEFERRED COMPENSATION ADVISORY COMMITTEE Agenda for February 23, 2023

7. REVIEW OF RETREAT ACTION ITEMS

Present Demonstration of New Empower Platform (Maria McPhee & Matt McOsker)

Action: Ensure account-level, view-only access for DCAC members, staff. (Empower)
Action: Articulate, quantify “higher engagement” for participants in Managed Accounts
in quarterly updates (Empower)
Action: Revisit the issue of obtaining SamCERA data for the new Empower platform
(Staff, Empower)

Next Steps in Investment Menu Analysis (Innovest)

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)

Develop 2023 Goals & Objectives (Wendy Dominguez)

Action: Draft goals, standards for DCAC’s consideration before developing next steps
(Innovest)

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

Action: Coordinate the Kick-Off meeting with DCAC members and Benefits Committee
members (Staff, Innovest)

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