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HomeMy WebLinkAbout05.c. (Handout 1) ICMA-RC Presentation from meeting Item 5.c. (Handout) ' icmA RC BUILDING PUBLIC SECTOR RETIREMENT SECURITY 2020 Plan Review 1 Central Contra Costa Sanitary District Date: March 23,2021 Presented by: ICMA-RC AC:50528-0121 l 1 Real izeRetirement° Building better outcomes ENGAGE BUILD �rr REALIZE 2 1 � . . �~ � . »Mla,r. \ !. - ƒ� f - /:�§» � . � W 2020 plan review Plan participation 100% Featured Initiatives 457 Plan Enrollments fa+nRC Start Your Journey Campaign 'c�® .......................ov ++Rl..rna..,.rr. upo..lwaam.d Virtual New Employee Meetings a� 2019 versus 2020 5 5 Plan saving 3% �0 Featured Initiatives increase in savings rate* SAVING DOESN'T HAVE TO BE STRESSFUL Saving More Campaign :-0GA(HARRS mj5.,np"'fo vs hcnefn8i6n°dvY ®edeodgeme. 0.fQW[Ca oWu,. Online Deferrals OL°gRkYwv w,wnlA n..i,��.gi�mL-��"r'" lo,�eYw.,mMEulum. ICAM� W5.K M14tt4Pp 2019 versus 2020 6 6 3 Plan engagement 120% Featured Initiativesincrease in participant _ account log ins* 1� Managing Your Retirement T Account Access Tips MANAGhNG YOUR RETIREMENT IS A CLICK AWAY! 33% icMnRC mobile log-ins* 2019 versus 2020 7 Plan retention 75% Featured Initiatives decrease in plan rollouts* AWY We Continue Working for JI You Campaign ICMA-RC Continues Working for You ry FM wtr�ptuniE.�wr�eYeYeW b Wwmlp wn ► Managed Accounts ► Retirement Plans Specialist Appointments *2019 versus 2020 a g 4 2020 education results REALIZE RETIREM ENT® . . . Building better outcomes 9 401(a) Enrollments 9 457 Enrollments (S', 115 Participant Meetings ` 2 Central San Specific CFP Webinars 15 CFP Consultations REALIZE 50 Webinar Attendees 9 Managed account utilization 45 $10.7 Million Participants Total Assets 10 10 5 CARES Act communications & education CLW Mr. Y Washington Plan Sponsor Brainshark video Live webinars Perspective and Participant overview Resource Centers 11 CARES Act system enhancements & actions Suspended RMDs Updated systems Developed CRD and communicated to allow Coronavirus- forms and RMD waiver Related Distributions related materials (CRDs) 12 6 CARES Act-related distributions 1 $75,000 Total Distributions Total DollarAmount 13 13 7