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05/09/2017 (3)
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05/09/2017 (3)
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Last modified
4/29/2025 1:34:44 PM
Creation date
6/15/2017 9:49:41 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
05/09/2017
Meeting Body
Board of County Commissioners
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Current <br />• Total Plan Assets: <br />$29.6M <br />• Total Plan Providers: <br />Nationwide <br />ICMA-RC <br />• Florida League of Cities <br />• Total Investment Options: <br />• Nationwide (37, TDF, Risk) . <br />ICMA-RC (36, TDF, Risk) <br />Florida League (16, TDF) <br />'. 2 <br />Purposes of Consolidation <br />• Leverage economies of scale to reduce recordkeeping fees <br />• Utilize best practices for fee transparency and equalization <br />• Simplify investment lineup using open architecture approach <br />and lowest net expense share classes <br />• Offer unified, comprehensive education and communication <br />program across the County <br />• Streamlining plan administration for County staff <br />PW �1 <br />
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