Attention: Groups posing as County of Monterey hiring managers or Human Resources personnel may target jobseekers and attempt to obtain personal financial information in order to steal money from jobseekers’ bank accounts.
If you are seeking employment with any department of the County of Monterey and are asked to provide any banking information or personal financial information, please contact Jovany Luna, Supervising Personnel Analyst, at 831-755-5395 or by email recruitmenthelp@co.monterey.ca.us to report this activity.
EMPLOYEE BENEFITS
The Right Career, Right Here
MONTEREY COUNTY DEFERRED COMPENSATION ADMINISTRATIVE COMMITTEE
The Monterey County Deferred Compensation Administrative Committee is the Plan Administrator for the Monterey County Deferred Compensation Plan. The Committee is plan fiduciary with the responsibility and discretionary authority for interpreting the terms of the Plan, for administering the Plan in accordance with its terms, for appointing or removing any Investment Manager, for entering into investment arrangements with respect to the Investment Funds, and for incurring or approving certain expenses and charging them to the Plan in accordance with the Plan Document. The committee is bound by the Plan Document and Bylaws.
The committee meets on a quarterly basis on the third Wednesday of the month in May, August and November.
UPCOMING MEETINGS
PREVIOUS MEETINGS
Agenda
March 2024 Special - Prososed Minutes
Feb 21 2024- Proposed Minutes
Paulette Clark Biography
Kevin Oakley Biography
1Q 2024 457(b) Plan Fiduciary Advisor Newsletter
1Q24 PerformanceReport
2023 Public SOC1- Final
2024 04 Monthly Commentary
2024_0227 TargetDateTE
Investment Policy Statement Redlined
Nationwide_RSGIB_SOC2_2023 - Final
2024Q1 Participation Report
2024Q1 Schwab Report
Agenda
February 15, 2023- Proposed Minutes
Participation Report 1Q 2023
Hyas Group Firm Brochure 4-10-2023
2023 Statement of Investment Guidelines
-Redlined
2023 Statement of Investment Guidelines -
Clean
2023 Fiduciary Fundamentals Training
1Q2023 457b Performance Report
1Q 2023 457 Plan Fiduciary Advisor
Newsletter
Agenda
February 8 2023 - Special Meeting Proposed
Minutes
January 11 2023 - Special Meeting Proposed
Minutes
December 15 2022 - Special Meeting Proposed
Minutes
November 16 2022 - Regular Meeting Proposed
Minutes
Bylaws of the DC Committee Proposed
Revisions 1-13-2023
Participation Report 12-31-2022
Secure Act 2.0_Key Provisions_Public
Sector
2023 HYAS Group Contract 04-1-2023 -
03-31-2024- PROPOSED
2023 Proposed Deferred Compensation Plan
Budget
4Q22 Performance Report
Exhibit A - Retainer Scope of Services
Compensation and Additional Terms
2023-2024
457 Plan Fiduciary Advisor Newsletter -
Secure Act 2.0
Agenda
November 9 2022 - Proposed
Minutes
October 12 2022 - Proposed
Minutes
September 14 2022 - Proposed
Minutes
August 17 2022 - Proposed
Minutes
Participation Report 3Q 2022
Bylaws of the Deferred Compensation
Administrative Committee
11.2.2021
3Q22 Performance Report
3Q 2022 457 Plan Fiduciary Advisor
Newsletter
Agenda
May 11 2022 - Proposed
Minutes
April 13 2022 - Proposed
Minutes
March 16 2022 - Proposed
Minutes
February 16 2022-Proposed
Minutes
Plan Participation Report
1Q22
Deferred Compensation
Committee Budget
2022
Final BPS Calculations
5-18-22
2022 Investment Plan
Statement Clean
2022 Investment Plan
Statement - Redlined
1Q22 Performance
Report
1Q 2022 457 Plan
Fiduciary Advisor
Newsletter
Agenda
HYASGroup Contract
04-1-2022 to
3-31-2023
Regular Meeting -
November 17,
2021
Regular Meeting -
December 14,
2021
Regular Meeting -
January 12,
2022
Regular Meeting -
February 9,
2022
4Q21 Performance
Report- HYAS
4Q21 Participation
Report
4Q 2021 457 Plan
Fiduciary Advisor
Newsletter
Special Meeting
Agendas
March 16- Special
Meeting
April 13- Special
Meeting
May 11- Special
Meeting
Proposed
Minutes
Regular
Meeting
-
August
18,
2021
Regular
Meeting
-
September
1,
2021
Bylaws
of
the
Deferred
Compensation
Administrative
Committee
Board
Report
Attachment
A
–
AB
361
Resolution
457
Plan
Fiduciary
Advisor
Newsletter
–
3rd
Quarter
2021
Performance
Report
–
3rd
Quarter
2021
HYAS
2021
Firm
Brochure
Managed
Account
Review
RFP
for
Auditor
Services
Results
Analysis
Plan
Participation
Report
3rd
Quarter
2021
Satisfaction
Survey
Results
Proposed Minutes
Regular Meeting - May 19, 2021
457 Plan Audit
Letter to the Admin Committee
457 Plan Fiduciary Advisor Newsletter -
2nd Quarter 2021
Performance Report - 2nd Quarter
2021
HYAS Agreement Consent Letter -
2021
457 Plan Audited Financial Statements -
2020
Auditor RFP Timeline
Participant Report - 2nd Quarter
2021
Agenda
Proposed Minutes
Regular Meeting – February 17,
2021
Special Meeting – March 4,
2021
Revised Monterey County Deferred
Compensation Committee
Bylaws
Clean Version
Redline Version
First Quarter 2021 Performance
Review
Updated Investment Policy
Statement
Legal and Regulatory
Updates
Fiduciary Newsletter
1Q2021
FHYAS Memo- Wells Fargo Asset
Management
First Quarter 2021
Participation Review
Nationwide ® Website
Enhancements
Agenda
November 18, 2020 Proposed
Minutes
PRE Audit SAS 2020
Monterey County Consultant
Analysis
Monterey County Board Report
12-31-2020
JD Power Special Report
2020
Deposit Delay Investigation
Report
Nationwide Investment Review
4Q2020
DC BYLAWS OF MONTEREY COUNTY
Proposed Revisions 11-8-16
2020 Audit Service
Agreement
Agenda
August 19, 2020 Proposed
Minutes
September 9, 2020 Proposed
Minutes
2019 Plan Audit
Adjusting Journal Entries- 2019
Audit
Hayashi and Wayland Letter for
2019 Audit
Reclassification Journal
Entries-2019 Audit
Monterey County Board Report
9-30-2020
Investment Review 3Q
Online Withdrawal Flyer
2020
Monterey County Digital
Transformation Overview
Agenda
May 20, 2020 Meeting Proposed
Minutes
457b Quarterly Report
2020
Combined Hyas Group 2020 Form
ADV Part 2
HYAS Exhibit A - Retainer Scope
of Services Compensation and
Additional Terms 2020-2021
HYAS Group Contract
10-1-2020_9-31-21
HYAS Privacy Policy 2020
Financial Statements Draft -
6.22.20 to Client
Hayashi & Wayland Service
Agreement 7.2020
HW Committee Presentation -
2018 457 Plan Audit
Post SAS Letter - 2018
Audit
Agenda
Item #2: November 20, 2019
Proposed Minutes
Item #3: Hayashi & Wayland
Plan Audit Revised Letter
Item #4: Benefits Team Time
Study
Item #5: 2020 Plan Budget
Item #6: Nationwide Quarterly
Report and Plan Statistics
Item #7: 4th Quarter 2019
Performance Review
Item #7: SECURE Act Key
Provisions
Item #7: Fees Make a
Difference
Item #7: Summary of
Recordkeeper’s Performance
Standards
Item #7: Q4 Plan Fiduciary
Advisor Newsletter
Item #7: Memorandum from Hyas
Group
Item #7: Fees and Expense
Policy
Item #9: Investment Policy
Statement
Item #11: 2020 Education
Plan
Agenda
May 15, 2019 Proposed
Minutes
May 30, 2019 Proposed
Minutes
June 20, 2019 Proposed
Minutes
Item #3: Stable Value Fund
Q2
Item #3: Plan Summary Q2
Item #3 Revenue Share
Account
Item #4 Hardship, Loan, and
Roth Utilization Report Q2
Item #5: 2017 Financial
Audit
Item #8: Hyas Service
Agreement
Item #10: 457(b) Deferred
Compensation Plan
Agenda
Monterey County, California
457(b) Deferred Compensation
Plan Request for Proposals for
Plan Administration and Record
Keeping Services, RFP No.
10693
Nationwide's Response to RFP
No. 10693
Exhibit 1
Ownership Structure
Exhibit 2
2015 NFS Financial
Statement
2016 NFS Financial
Statement
2017 NFS Financial Statement
Exhibit 3
2017 Nationwide Financial
SOC
Exhibit 4
2017 Nationwide Financial
SOC
Exhibit 5
2017 Nationwide Financial
SOC
Exhibit 6
My Investment Planner Sample
Report
Exhibit 7
Sample Participant Survey
Exhibit 8
Sample Participant
Statement
Exhibit 9
Sample AD-Hoc Reporting
Sample Gauging Success
Report
Sample Plan Sponsor
Retirement Readiness Report
Sample Plan Sponsor Statement
Exhibit 10
404(a)(5) Fee Disclosure
Exhibit 11
Legislative Update- April
'18
Legislative Update- March
'18
Strategic Advantage
Newsletter- Fall '17
Strategic Advantage Newsletter-
Spring '18
Exhibit 12
Nationwide Guaranteed Fund
Historical Returns
Exhibit 13
Nationwide Guaranteed Fund Fact
Sheet
Exhibit 14
Fund House List
Exhibit 15
Sample Schwab Participant
Statement
Exhibit 17
Monterey County Transition
Timeline
Exhibit 18
Sample Transition Communication
Plan
Transition Communication Plan
Administrative Services
Agreement for the Monterey
County Deferred Compensation
Plan
Plan Sponsor's Loan
Policy
Investment Menu
QDRO Policies
Unforeseeable Emergency
Withdrawal Policy and
Procedures
Plan Budget 2019-2021
Summary Interview