Monday, August 3, 2020
Deferred Compensation Advisory Committee (DCAC)

Deferred Compensation Advisory Committee (DCAC)

The Deferred Compensation Advisory Committee is composed of five members including one member from: Board of Supervisors, Executive Office, Auditor-Controller, Treasurer/Tax Collector and Human Resources. The Plan is jointly administered by the County of Riverside Human Resources Director and the Deferred Compensation Advisory Committee. The Deferred Compensation Advisory Committee meets, at least annually, to review and assess the continuing compliance of the Plan’s investment options.

The general duties and responsibilities of the Deferred Compensation Advisory Committee for investment related matters are:

  • To contain overall investment related service costs.
  • To establish investment objectives and standards for the investment options (funds) offered to assure that the assets are managed in accordance with the Investment Policy.
  • To establish formal criteria to monitor and evaluate the performance results achieved by the investment fund managers.
  • To provide a formal process for reviewing and modifying the Investment Policy.
  • To meet the fiduciary responsibility of the County in regard to the Deferred Compensation Plan.
  • To recommend investment policy, approve the addition/deletion of investment options, conduct due diligence review of funds and monitor investment performance and fees.
  • To review performance reports of investment options.
  • To monitor and evaluate changes in legislation and regulations to ensure compliance regarding policies or investment matters.
  • To ensure the communication of the fund performance to all participants.

2019 Deferred Compensation Advisory Committee Agendas

Meeting Date Agenda Minutes
November 13, 2019 Agenda Minutes