Treasurer-Tax Collector recommending the Board: 1) Adopt and authorize the Chair to sign Resolution 046-2025 establishing the County of El Dorado 401(a) Deferred Compensation Plan for Eligible Employees, approving the 401(a) Plan documents, authorizing the Treasurer-Tax Collector to execute documents implementing the 401(a) Plan, and directing the Auditor-Controller to implement the 401(a) Plan contributions; 2) Approve and authorize the Treasurer-Tax Collector to execute the Administrative Services Agreement 9518 with Nationwide Retirement Solutions, Inc. to provide record keeping and administrative services for the 457(b) Deferred Compensation Plan, Deferred Compensation Plan for Social Security Replacement for Part-Time, Seasonal, and Temporary Employees (OBRA Plan), and 401(a) Deferred Compensation Plan for Employer Contributions for an initial term of five (5) years from date of execution, with renewal of up to five (5) additional one-year periods for a total agreement term of ten (10) years, at the annualized compensation of 0.15% (15 basis points) of the Plans' account value to be funded out of the participants' assets in the Plans; and 3) Authorize the Treasurer-Tax Collector to execute further amendments to Administrative Services Agreement 9518, including renewal options, that do not increase the compensation or the total agreement term, contingent upon County Counsel and Risk Management approval. FUNDING: N/A
What this record is
- Held by
- Nationwide Retirement Solutions, Inc 4 records across this site
- Runs until
- March 19, 2026 already ended date calculated from a contract term stated in the record, not quoted directly
- Type
- contract
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Nationwide Retirement Solutions, Inc also holds
A resolution adopting the City of Thornton, Colorado, Post Employment Health Plan and approving the Trust, Plan Document, and Administrative Services … A resolution approving the Second Amendment to the Administrative Services Agreement for the 457(b) Deferred Compensation Plans and 401(a) Defined Con… Approve and authorize the Chairman to execute an agreement with Nationwide Retirement Solutions, Inc., to provide record-keeping and communication ser…- Committee
- Board of Supervisors
- Requested by
- Treasurer/Tax Collector
- Introduced
- March 19, 2025
- On agenda
- April 22, 2025
- Passed
- April 22, 2025
Where it was heard
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