Page 3 - DCAC Feb 2026 Files
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COUNTY OF SAN MATEO
DEFERRED COMPENSATION ADVISORY COMMITTEE Agenda for February 26, 2026
CALL TO ORDER 8:30am
ROLL CALL
ORDERS OF THE DAY
ANNOUNCEMENT REGARDING MEMBER ROBERT RAW
PUBLIC COMMENTS
CONSENT ITEMS 8:35am
1. Approve Minutes from November 6, 2025 (Jay Castellano)
2. Approve Minutes from December 8, 2025 (Jay Castellano)
3. Approve Annual Affirmation of Plan Document Compliance (Eric Leavitt)
OLD BUSINESS
Empower
4. Presentation of Use of Artificial Intelligence in Empower Systems (Kyle Caffey) 8:40am
TIME CERTAIN: TO BE DISCUSSED AFTER ITEM 8
5. Review Results of 2025-26 Annual Survey (Armando Llanes) 9:15am
6. Review Results of 2025 De Minimis Distributions (Eric Leavitt) 9:00am
Innovest
7. Update on Implementation of Recent Fund Changes (Rick Rodgers) 9:05am
A. Replacement of Invesco Developing Markets Fund with DFA Emerging
Markets Core Equity 2
B. Elimination of American Funds Fundamental Investors Fund and
mapping of participants to Fidelity 500 Index Fund
8. Accept Final Version of 2026 Performance Targets (Rick Rodgers) 9:10am
County
9. Update on Review of CIT and ISA Agreements (Jay Castellano) 9:30am
NEW BUSINESS
Empower
10. Presentation and Acceptance of Full Version of Quarterly Plan Review 9:35am
(Eric Leavitt)
Break 10:00am
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