Page 20 - DCAC August 2024 Files
P. 20
Participant-Level Calculations
• Participant book value account balances were reconstructed using historical data and the contract-level
crediting rate reconstruction
• For each participant, an adjustment was calculated, that being the difference between the reconstructed
balance and the current balance
On Record-Keeping Platform Off Record-Keeping Platform
Book value Total current on Aggregate Book value Aggregate
addition platform BV Participant addition addition Participant addition
($) ($) count ($) ($) count ($)
0 – 10 2,100,000 4,200 14,000 0 – 10 2,380 3,200
10 – 25 2,800,000 1,400 23,000 10 – 25 280 4,500
25 – 50 3,400,000 900 32,000 25 – 50 170 6,300
50 – 75 2,600,000 500 30,000 50 – 75 120 7,300
75 – 100 2,000,000 300 28,000 75 – 100 70 6,200
100+ 150,000,000 2,800 5,140,000 100+ 590 794,000
Total 163 10,100 5,267,000 Total 3,600 821,000
For use by the San Mateo County Deferred Compensation Advisory Committee only
FOR INTERNAL USE ONLY.
