Page 11 - DCAC May 2023 Files
P. 11
COUNTY OF SAN MATEO
DEFERRED COMPENSATION ADVISORY COMMITTEE Minutes from February 23, 2023
ORDERS OF THE DAY
The order of the agenda was amended so that items 9 through 12 were heard after Consent.
PUBLIC COMMENTS
None.
CONSENT ITEMS
1. Approve Minutes from November 3, 2022 (Jay Castellano)
2. Approve Minutes from December 12, 2022 (Jay Castellano)
3. Accept Affirmation of Plan Document Compliance (Bob Gleason)
A motion was made to approve the Consent Items.
M/S/C Raw/Love/5-0
OLD BUSINESS
4. Debrief on Q4 Transition to Empower Recordkeeping Platform (Bob Gleason)
The DCAC accepted this update.
5. Debrief on Migration of Vanguard Index Funds to Fidelity Index Funds and on Changes
to Sector/Specialty Funds (Bob Gleason)
The DCAC accepted this update.
6. Oral Update on Implementation of New Empower Contract and Migration of ICMA-RC
Assets to Empower (Bob Gleason)
The DCAC accepted this update.
7. Review of Retreat Action Items (Jay Castellano)
The DCAC accepted this update.
NEW BUSINESS
Empower
8. Present Quarterly Plan Review (Bob Gleason)
The DCAC accepted this presentation.
9. Review and Select Rebranding Options (Armando Llanes)
The DCAC provided feedback on the options and direction for finalizing the branding.
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