Legislation Details

File #: 2024-1447    Version: 1
Type: Executive Status: Executive Approved
File created: 7/1/2024 In control: Executive
On agenda: Final action: 7/3/2024
Title: Approve 2nd Amendment of Deferred Compensation Plan Agreement with Nationwide Retirement Solution, Inc.
Attachments: 1. Snohomish County ASA Amendment 2 FINAL 4.9.2024, 2. nationwide motion, 3. Nationwide agreement executed, 4. Snohomish County ASA Amendment 2 FINAL 4.9.2024 EXEC SIGNED
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Executive/Council Action Form (ECAF)

 

 

ITEM TITLE:

Title

Approve 2nd Amendment of Deferred Compensation Plan Agreement with Nationwide Retirement Solution, Inc.

body

DEPARTMENT:  Finance

 

ORIGINATOR:  Nathan Kennedy

 

EXECUTIVE RECOMMENDATION:  Approved

 

PURPOSE: Approve the 2nd Amendment of Deferred Compensation Plan to make fee structure more transparent to plan participants.

 

BACKGROUND: Approve the 2nd Amendment of Deferred Compensation Plan to make fee structure more transparent to plan participants.

 

FISCAL IMPLICATIONS:

EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU

CURRENT YR

2ND YR

1ST 6 YRS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

 

 

 

 

 

REVENUE: FUND, AGY, ORG, REV, SOURCE

CURRENT YR

2ND YR

1ST 6 YRS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

 

 

 

 

DEPARTMENT FISCAL IMPACT NOTES:  N/A

 

CONTRACT INFORMATION:

ORIGINAL

 

CONTRACT#

 

AMOUNT

 

AMENDMENT

2

CONTRACT#

 

AMOUNT

0.00

 

Contract Period

ORIGINAL

START

No change

END

No change

AMENDMENT

START

 

END

 

 

OTHER DEPARTMENTAL REVIEW/COMMENTS:  Click or tap here to enter text.