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Reports - 2020.05.21 - 33229
For Plan Sponsor or Consultant Use Only Oakland County Retirement PlansPlan SummaryPresented by: Stephanie Biddle,Vice President, Key AccountsAs of: March 31, 2020Report contains information up through the last business day of the period end. Section I: Oakland County 401(A) Employees Retirement SystemPlan Summary – 940070Section II: Oakland County 457(b) Deferred Compensation PlanPlan Summary – 940080Section III: Oakland County 457(b) PTNE PlanPlan Summary – 940090Section IV: Forfeiture AccountSection V: Suspense AccountSection VI: Service Standards GuaranteesSection VII: Monthly Activity Report – Q1 2020Table Of ContentsOakland County Retirement PlansFor Plan Sponsor or Consultant Use Only 2 Section I:Oakland County 401(A) Employees RetirementSystem, Plan Summary – 940070Oakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only 3 Plan Summary and Benchmark TrendsOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only 4 Oakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Plan SummaryPlan Demographics Summary12/31/2019 10/1/201910/1/2019-12/31/20191/1/2020-3/31/2020Total Participants* 5,328 5,326 Active Participants 3,595 3,592 Terminated Participants 1,625 1,632 Other Participants** 105 99 Multiple Status Participants*** 3 3Average Participant Balance $123,414 $106,687 Average Account Balance for Active Participants $140,172 $120,748Median Participant Balance $41,114 $35,682 Median Participant Balance for Active Participants $66,074 $56,183Participants Age 50 and Over 2,345 2,368 Total Assets for Participants Age 50 and Over $417,910,187 $368,635,432Total (Contributions + Rollovers In) $8,296,544 $8,982,679 Employee Contributions $2,487,803 $2,208,871 Employer Contributions $5,768,365 $6,390,662 Rollovers In $40,375 $383,147Total Distributions ($6,243,138) ($7,641,852)Percentage of Assets Distributed 0.9% 1.3%Market Value Gain / Loss**** $37,314,391 ($90,291,272)Total Participant Balances $657,548,996 $568,215,406*** Participant(s) with an account balance greater than $0 in more than one participant status category (e.g. Active status in one subplan but Terminated status in another subplan).****This is not the equivalent of a plan level return on investment due to the timing of additions, distributions and underlying investment performance. *Participant(s) with an account balance greater than $0. **Participant(s) who are not active, terminated or suspended, but have an account balance greater than $0 (e.g. break-in-service, rehire, etc.). Rollovers In is the total dollars credited to participant accounts within the period defined that originated in other qualified retirement plan accounts.5 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 401(A) Employees Retirement SystemPlan SummaryPlan FeaturesGoalMaker12/31/2019 3/31/2020Plan Assets for Participants in GoalMaker $112,559,524 $100,304,219% of Plan Assets for GoalMaker Participants 17.1% 17.7%# of Participants in GoalMaker560 577 Participation Rate in GoalMaker 10.5% 10.8% Prudential % of Participants in GoalMaker - As of 12/31/2019IncomeFlex12/31/2019 3/31/2020% of Plan Assets Invested in IncomeFlex Funds for IncomeFlex Participants 49.4% 50.4%# of Participants in IncomeFlex 102 103 Participation Rate in IncomeFlex 1.9% 1.9%Prudential % of Participants in IncomeFlex - As of 12/31/2019Stable Value12/31/2019 3/31/2020Participation Rate in Stable Value 24.2% 24.8%% of Plan Assets in Stable Value 9.9% 12.4%Prudential % of Plan Assets in Stable Value - As of 12/31/201952.3%7.3%22.1%Participant Activity Call Center10/1/2019 - 12/31/20191/1/2020 - 3/31/2020Total Call Volume606 651Loans10/1/2019 - 12/31/20191/1/2020 - 3/31/2020Amount of New Loans Taken $981,691 $787,571# of New Loans96 83# of Outstanding Active Loans 1,083 1,072% of Participants have Outstanding Active Loans 10.8% 11.0%Prudential % of Participants have Outstanding Active Loans - As of 12/31/201913.6%Transaction SummaryTransactions10/1/2019 - 12/31/20191/1/2020 - 3/31/2020Total Enrollees* 104 49 Contribution Rate Increases for Active Participants** 51 43 Contribution Rate Decreases for Active Participants** 31 46Total Contribution Rate Changes** 82 89Number of Participants with Transfers 896 1,745Loan Initiations 96 83Distributions 639 577**Sum of month over month contribution rate (% and $) changes are for active participants during the reporting period. This excludes any terminations, enrollments or auto enrollments(if applicable on the plan) during the respective months in which contribution rate changes occurred.*Number of participants that w ere enrolled into the plan w ithin the reporting period. This can include those individuals w ho self enrolled or auto enrolled, if applicable on the plan. Rehires may not be included if their original enrollment date falls outside the reporting period.6 For Plan Sponsor or Consultant Use OnlyPlan SummaryOakland County 401(A) Employees Retirement SystemBenchmark Trends – Plan FeaturesPlan FeaturesYour PlanPrudential Book ofBusinessIndustryAverage*Plan Sponsor Survey 2019**Plan Sponsor Survey 2020***GoalMaker®Yes67.0%0.0%NANAInvestment Options43.013.525.324.922.9IncomeFlex®Yes25.3%13.3%9.9%9.2%LoansYes63.5%74.4%91.6%82.0%Plan Allows Catch-Up Contributions (Administered Through Prudential)No48.1%NANANA **2019 Annual Survey, 2019 (Overall) ***2020 Annual Survey, 2020 (Overall) *Annual Survey, 2020 (Industry Specific Results) – Government Municipal This information should not be considered an offer or solicitation of securities, insurance products or services. No offer is intended nor should this material be construed as an offer of any product. The information is being presented by us solely in our role as the plan’s service provider and/or record keeper.© 2020 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol and Bring Your Challenges are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.Prudential’s Book of Business averages are as of 12/31/2019External Benchmark Source: PLANSPONSOR Defined Contribution Annual Survey 7 For Plan Sponsor or Consultant Use OnlyPlan SummaryOakland County 401(A) Employees Retirement SystemBenchmark Trends – Participant BehaviorPlan FeaturesYour PlanPrudential Book ofBusinessIndustryAverage*Plan Sponsor Survey 2019**Plan Sponsor Survey 2020***Average Account Balance$106,687$73,876$89,180$102,586$103,108Median Account Balance$35,682$70,895$67,239$77,204$79,970% of Plan Assets in Stable Value12.4%22.1%0.0%NANAAverage # of Funds Held4.75.36.75.56.3% of 55+ Participants Utilizing IncomeFlex®4.3%9.5%0.0%NANA% of Participants Utilizing GoalMaker®10.8%52.3%0.0%NANA% of Participants have Outstanding Active Loans11.0%13.6%18.3%13.5%14.2%Average Loan Balance$7,511$7,754$9,939$10,257$10,121 **2019 Annual Survey, 2019 (Overall) ***2020 Annual Survey, 2020 (Overall)Prudential’s Book of Business averages are as of 12/31/2019External Benchmark Source: PLANSPONSOR Defined Contribution Annual Survey *Annual Survey, 2020 (Industry Specific Results) – Government Municipal This information should not be considered an offer or solicitation of securities, insurance products or services. No offer is intended nor should this material be construed as an offer of any product. The information is being presented by us solely in our role as the plan’s service provider and/or record keeper.© 2020 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol and Bring Your Challenges are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.8 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 401(A) Employees Retirement SystemPlan SummaryAsset Allocation/Net Activity By AgeJanuary 1, 2020 to March 31, 2020Less than 25 25-3435-4445-5455-6465+TotalTotal Participant Balances$548,340 $18,937,801 $86,323,179 $196,221,925 $155,674,503 $110,509,657 $568,215,406% Assets0.1%3.3%15.2%34.5%27.4%19.4%100.0%Average Contribution Rate ($)$0$0$0$0$62$0$62Average Contribution Rate (%)4.4%4.1%4.1%4.8%5.5%6.0%4.5%Prudential Avg. Contribution Rate (%) as of 12/31/20195.0%6.0%6.8%8.0%9.6%11.3%7.6% Contributions$130,808 $1,526,987 $2,128,264 $2,929,743 $1,537,766 $345,965 $8,599,532 Rollovers In*$0 $64,202 $155,828 $138,166$3,373 $21,578 $383,147Total (Contributions + Rollovers In)$130,808 $1,591,189 $2,284,092 $3,067,910 $1,541,138 $367,542 $8,982,679 Cash Distributions$0 ($36,170) ($259,559) ($281,072) ($1,073,787) ($2,391,776) ($4,042,363) Rollovers Out$0 ($108,831) ($9,721)($377) ($1,018,244) ($2,462,315) ($3,599,488)Total (Cash Distributions + Rollovers Out)$0 ($145,001) ($269,280) ($281,449) ($2,092,031) ($4,854,091) ($7,641,852)Net Activity$130,808 $1,446,189 $2,014,812 $2,786,460 ($550,893) ($4,486,549) $1,340,827Total Participants**1059441,1891,4251,0695965,328Average Account Balance$5,222 $20,061 $72,601 $137,700 $145,626 $185,419 $106,647Prudential Avg. Account Balance as of 12/31/2019$3,645 $16,118 $46,246 $89,262 $123,641 $125,460$73,876Median Account Balance$2,806 $14,558 $41,137 $95,317 $60,641 $56,966$35,682Prudential Median Account Balance as of 12/31/2019$4,531 $11,969 $31,729 $52,216 $78,108 $116,384$70,895High Balance$30,647 $146,714 $504,490 $947,128 $1,334,199 $2,515,136Low Balance$162$0.05$1$0.01$1$0.01*Rollovers In is the total dollars credited to participant accounts w ithin the period defined that originated in other qualified retirement plan accounts.**Total column for participant count is a sum of participants across each age group. E.g. If a participant has both a main account and beneficiary account w ithin different age groups (decedent's date of birth), that participant will be counted twice.Average Balance By Years of Service as of March 31, 2020Years of Service0-5 6-10 11-15 16-20 21-25 26-30 31-35 36-40 41-45 46-50 56-60Average Account Balance* $17,804 $49,407 $97,072 $167,027 $220,470 $274,293 $295,318 $436,047 $379,493 $880,222 $2,515,136* Active Employees9 Retirement ReadinessOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.10 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 401(A) Employees Retirement SystemPlan SummaryRetirement Income Calculator (RIC) AnalysisTotal Retirement Income Calculator Completions - Number of RIC completions for the given time period. If a single participant completed the RIC multiple times within the given time period, they would be counted multiple times.Unique Completions: Total number of unique active/eligibles that completed the retirement income calculator during the reporting periodContribution Rate Increases: Total number of active/eligibles that completed the retirement income calculator and increased their contribution rate.Average Balance RIC Participant - For participants who have a balance greater than $0 that have previously completed the RIC - The total balance of active participants divided by the total count of active participantsAverage Balance Non-RIC Participant - For participants who have a balance greater than $0 that have NOT previously completed the RIC - The total balance of active participants divided by the total count of active participantsAverage Contribution Rate RIC Participant - For participants who have completed the RIC - The total of all contribution rates (%) for active participants who have completed the RIC divided by the number of active participants that have completed the RIC who have non-zero contribution rates.Average Contribution Rate Non RIC Participant - For participants who have NOT completed the RIC - The total of all contribution rates (%) for active participants who have completed the RIC divided by the number of active participants that have completed the RIC who have non-zero contribution rates.Average Income Replacement, RIC Participant - Calculated by summing the income replacement percentages of all active, eligible & suspended participants who have completed the RIC divided by the total count of all those active, eligible & suspended participants that have completed the RIC. Individuals not enrolled in the plan are excluded from the calculation.Average Income Replacement, Non- RIC Participant - Calculated by summing the income replacement percentages of all active, eligible & suspended participants who have not completed the RIC divided by the total count of all those active, eligible & suspended participants that have completed the RIC. Individuals not enrolled in the plan are excluded from the calculation.Participant - An individual who has enrolled in the plan and has a non-zero account balance.Total Retirement Income Calculator Completions356Unique Completions290Contribution Rate Increase15Average Balance, RIC Participant$150,149Average Balance, Non-RIC Participant$91,340Average Contribution Rate, RIC Participant4.35%Average Contribution Rate, Non-RIC Participant4.82%Total Count of Participants with a RIC Gap1,168Average RIC Gap $3,226Total Count of Participants with a RIC Surplus339Average RIC Surplus $2,039Average Income Replacement, RIC Participant0%Average Income Replacement, Non-RIC Participant0%Since Inception for Currently Active Participants as of 3/31/20201/1/2020 - 3/31/202011 IncomeFlex ParticipationFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 401(A) Employees Retirement SystemPlan SummaryAs Of 3/31/2020<=44 45-54 55-64 65+ Grand TotalParticipants Enrolled in IncomeFlex 10 21 38 34 103IncomeFlex AssetsAs of 3/31/2020, the participants invested in IncomeFlex have 50.4% of their total plan assets in these funds, with an average balance of $156,454.IncomeFlex UtilizationDuring the period of 1/1/2020 to 3/31/2020, the IncomeFlex participation rate was 1.9%.12 Plan ActivityOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.13 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.INVESTMENT OPTIONS10/1/2019 - 12/31/2019 % 1/1/2020 - 3/31/2020 %Change%TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$655,9517.9%$701,8208.2%$45,8697.0%TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$579,6817.0%$589,1216.9%$9,4401.6%TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$588,9077.1%$578,5996.7%($10,309)-1.8%TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$557,4546.8%$570,4286.6%$12,9742.3%TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$491,4406.0%$523,9716.1%$32,5326.6%TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$513,5096.2%$443,2145.2%($70,295) -13.7%TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$366,1744.4%$428,0455.0%$61,87116.9%TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$389,6154.7%$419,4874.9%$29,8727.7%GUARANTEED INCOME FUND$389,7924.7%$415,6404.8%$25,8486.6%JPMORGAN EQUITY INCOME FUND CLASS R5$380,7034.6%$405,3334.7%$24,6306.5%FIDELITY GROWTH COMPANY$330,3354.0%$401,9834.7%$71,64821.7%MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$330,6424.0%$366,7894.3%$36,14710.9%FIDELITY 500 INDEX FUND$299,3173.6%$288,0023.4%($11,314)-3.8%T. ROWE PRICE NEW HORIZONS FUND$238,8092.9%$265,8833.1%$27,07411.3%PGIM TOTAL RETURN BOND FUND -CLASS Z$230,4982.8%$237,1112.8%$6,6122.9%EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$226,0832.7%$217,5382.5%($8,544)-3.8%TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$155,6231.9%$179,4442.1%$23,82115.3%TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$150,7751.8%$177,1112.1%$26,33517.5%FIDELITY EMERGING MARKETS INDEX FUND$134,0431.6%$147,7811.7%$13,73810.2%FIDELITY CONTRAFUND FUND$312,7253.8%$147,4591.7%($165,267) -52.8%LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$00.0%$136,3511.6%$136,351n/aVICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$111,4661.4%$117,2591.4%$5,7935.2%FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$98,3091.2%$108,8231.3%$10,51410.7%FIDELITY SMALL CAP INDEX FUND$111,7591.4%$107,8541.3%($3,905)-3.5%AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$95,1191.2%$83,7721.0%($11,347) -11.9%TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$56,1570.7%$65,2730.8%$9,11616.2%PIMCO INCOME FUND CLASS A$51,2750.6%$49,9700.6%($1,305)-2.5%BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I$80,5161.0%$46,9820.6%($33,534) -41.6%FIDELITY PURITAN FUND$39,6580.5%$40,5320.5%$8742.2%BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$00.0%$40,2980.5%$40,298n/aAMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-6$68,8000.8%$35,2280.4%($33,572) -48.8%PGIM HIGH YIELD FUND- CLASS Z$36,4220.4%$33,1230.4%($3,299)-9.1%PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$31,4100.4%$32,7670.4%$1,3574.3%AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$00.0%$32,2840.4%$32,284n/aFIDELITY MID CAP INDEX FUND$28,0750.3%$32,0830.4%$4,00814.3%FIDELITY INTERNATIONAL INDEX FUND$24,3940.3%$22,7250.3%($1,669)-6.8%COHEN & STEERS INSTITUTIONAL REALTY SHARES$40,6020.5%$20,5820.2%($20,020) -49.3%FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$11,4560.1%$19,9390.2%$8,48374.0%COHEN & STEERS REALTY SHARES FUND CLASS L$00.0%$18,0850.2%$18,085n/aDFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$4,6780.1%$15,0850.2%$10,407222.5%BNY MELLON NATURAL RESOURCES FUND CLASS I$13,4980.2%$12,1960.1%($1,303)-9.7%TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$6,3150.1%$10,2920.1%$3,97763.0%GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$1,3920.0%$5,8900.1%$4,498323.1%COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$2,7720.0%$3,2820.0%$51018.4%INVESCO OPPENHEIMER SENIOR FLOATING RATE FUND CLASS Y$4,3860.1%$2,1000.0%($2,286) -52.1%COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$00.0%$1,9210.0%$1,921n/aVANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$00.0%$780.0%$78n/aPIMCO REAL RETURN FUND CLASS A$11,7020.1%$00.0%($11,702) -100.0%VANGUARD INTERNATIONAL EXPLORER FUND INVESTOR SHARES$3,9320.1%$00.0%($3,932) -100.0%Total Assets Contributed$8,256,169100.0%$8,599,532100.0%$343,3644.2%Contributions by FundOakland County 401(A) Employees Retirement SystemPlan Summary14 INVESTMENT OPTIONSINOUTNETLARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$48,341,003 ($2,353,799) $45,987,204BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$9,611,065 ($186,954) $9,424,111GUARANTEED INCOME FUND$10,366,770 ($4,104,489) $6,262,281AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$5,802,254 ($153,244) $5,649,011COHEN & STEERS REALTY SHARES FUND CLASS L$3,848,957($91,498) $3,757,459FIDELITY GROWTH COMPANY$2,891,437 ($1,326,964) $1,564,473FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$1,256,575 ($191,715) $1,064,860DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$1,037,569 ($488,389) $549,180COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$824,385 ($314,005) $510,380PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$338,904$0$338,904SELF DIRECTED BROKERAGE ACCOUNT$601,870 ($269,479) $332,392TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$709,909 ($516,185) $193,725TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$515,577 ($335,756) $179,821TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$133,964($1,436) $132,527FIDELITY MID CAP INDEX FUND$189,863($81,298) $108,565PGIM TOTAL RETURN BOND FUND -CLASS Z$1,233,441 ($1,153,679)$79,763TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$49,081($645)$48,436VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$76,927($67,221)$9,706GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$27,750($21,835)$5,914COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$2,959($1,750)$1,209TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$4,956($6,514)($1,558)FIDELITY EMERGING MARKETS INDEX FUND$288,086 ($290,898)($2,812)FIDELITY INTERNATIONAL INDEX FUND$93,424 ($104,755)($11,331)MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$562,416 ($578,050)($15,634)TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$217,608 ($250,343)($32,736)BNY MELLON NATURAL RESOURCES FUND CLASS I$29,424($68,651)($39,226)TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$212,449 ($260,395)($47,946)FIDELITY PURITAN FUND$289,945 ($368,309)($78,364)PIMCO INCOME FUND CLASS A$183,250 ($261,817)($78,567)TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$49,731 ($129,302)($79,570)VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$308,831 ($406,307)($97,476)PGIM HIGH YIELD FUND- CLASS Z$257,488 ($393,796) ($136,307)FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$241,514 ($441,676) ($200,162)TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$106,723 ($361,608) ($254,885)JPMORGAN EQUITY INCOME FUND CLASS R5$845,235 ($1,219,554) ($374,319)AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$86,861 ($505,986) ($419,125)INVESCO OPPENHEIMER SENIOR FLOATING RATE FUND CLASS Y$11,286 ($497,728) ($486,443)TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$39,606 ($600,302) ($560,695)FIDELITY SMALL CAP INDEX FUND$351,881 ($996,022) ($644,141)TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$110,070 ($825,541) ($715,471)T. ROWE PRICE NEW HORIZONS FUND$1,635,288 ($2,463,862) ($828,575)FIDELITY 500 INDEX FUND$1,217,372 ($2,908,678) ($1,691,306)EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$138,574 ($1,852,871) ($1,714,298)COHEN & STEERS INSTITUTIONAL REALTY SHARES$7,626 ($3,948,138) ($3,940,512)AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-6$19,194 ($5,810,698) ($5,791,504)BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I$144,997 ($9,529,314) ($9,384,317)FIDELITY CONTRAFUND FUND$393,728 ($48,966,367) ($48,572,640)TOTAL$95,707,823 ($95,707,823)$01/1/2020 to 3/31/2020For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Plan SummaryOakland County 401(A) Employees Retirement SystemInterfund Transfers15 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Participant Distribution StatisticsOakland County 401(A) Employees Retirement SystemPlan SummaryTotalAmount of Withdrawals Taken10/1/2019 - 1/1/2020 -10/1/2019 - 1/1/2020 -Distribution Type12/31/2019 3/31/2020 Change % Change 12/31/2019 3/31/2020 Change % ChangeTermination$4,412,456 $4,002,420 ($410,035)-9%15015553%Death Distribution$496,642 $2,252,586 $1,755,944354%2414(10)-42%Installment Payment$890,092 $961,028 $70,9368%35236082%In-Service Withdraw al$124,344 $154,486 $30,14224%20301050%Required Minimum Distribution$256,824 $191,307 ($65,517)-26%8713(74)-85%QDRO$62,500 $80,024 $17,52428%5500%Gross Adjustment$280$0($280)-100%10(1)-100%Grand Total$6,243,138 $7,641,852 $1,398,71422%639577(62)-10%# of WithdrawalsQDRO - Distribution taken by the recipient of a QDRO. This could include required minimum distributions, installment payments, etc.Gross Adjustment - The total of all adjustments made to an account or plan in absolute terms, regardless of whether or not the adjustments were positive or negative. Termination - A withdraw al that is taken when the participant is active and terminating from employment or is already in a 'Terminated' status.Death Distribution - Distribution taken by a beneficiary. This could include required minimum distributions, installment payments, etc.Installment Payment - An Installment distribution is a payment option that disburses funds over time (i.e. monthly, quarterly, yearly).In-Service Withdrawal - A distribution that is taken while the participant is still active, before termination from employment.Required Minimum Distribution - Minimum amounts that a participant must withdraw annually upon reaching a certain age or retirement. This would exclude any beneficiary or QDRO accounts.Distribution Sub-TypeAge < 50 Age >= 50 TotalAge < 50 Age >= 50 TotalRollover$118,551 $3,480,937 $3,599,48881422Cash$460,350 $3,582,014 $4,042,36348507555Grand Total$578,901 $7,062,951 $7,641,85256521577Amount of Withdrawals Taken# of Withdrawals1/1/2020 - 3/31/202016 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Rollover Distributions StatisticsOakland County 401(A) Employees Retirement SystemPlan SummaryRollover InstitutionRollover Distribution Amount# of Ppts Rollover InstitutionRollover Distribution Amount# of Ppts Rollover InstitutionRollover Distribution Amount# of Ppts Rollover InstitutionRollover Distribution Amount# of PptsPershing $2,188,875 4 Pershing $1,211,965 3 Charles Schwab $1,056,208 2 RBC Capital Markets$2,126,729 1Wells Fargo$696,636 1 Merrill Lynch$1,153,939 2 TD Ameritrade$684,057 2 Morgan Stanley$807,491 1TD Ameritrade$490,702 2 Jackson National$807,922 3 JP Morgan$657,105 4 Fidelity$196,424 2LPL$344,086 2 Equity Trust Co$471,514 1 RBC Capital Markets$293,3291 Hilltop Securities$130,134 1Sw eet Escape Ventures $312,207 1 Fidelity$243,108 4 Raymond James$164,525 3 Security Benefit$96,329 1VantagePoint Trnsfr$150,632 3 Molloy Financial$234,507 1 Russell Family Solo 401k Plan $159,739 1 Ameriprise$93,227 1Thrivent Financial$147,399 1 Charles Schw ab$173,454 1 NFS$102,676 1 Prudential$38,659 3Flagstar Bank$139,021 1 State of Michigan 401k Plan $145,257 1 TIAA$77,310 1 Charles Schwab$33,840 1State of Michigan 401k Plan $83,411 1 Morgan Stanley$131,594 1 Fidelity$64,284 3 Merrill Lynch$19,222 1Edward Jones$76,511 3 AXA$127,387 2 American Equity$50,000 1 TTE Jabil 401k$17,011 1Nationwide$40,998 2 SBLI$108,165 1 Thrift Savings Plan$41,323 2 Vanguard$11,824 2Morgan Stanley$22,024 1 Edward Jones$101,021 1 Capital Bank & Trust$39,476 1 TIAA$11,520 2Raymond James$10,942 1 Walled Lake School EFCU $67,182 1 Great West$23,029 1 Thrift Savings Plan$8,527 1Fifth Third Bank$8,236 1 LPL$60,215 2 AEIF$20,133 1 Allianz$7,756 1Vanguard$7,925 1 VantagePoint Trnsfr$21,571 2 Vanguard$13,900 1 Pershing$418 1Thrift Savings Plan$3,110 1 TD Ameritrade$19,935 1 State of Michigan 401k Plan $12,043 1 APEX Clearing$338 1Ameriprise$2,785 2 PNC Bank$13,497 1 Edw ard Jones$1,411 1 Nationw ide$39 1NFS$2,557 1 Flagstar Bank$3,994 1 Voya$938 1 Total$3,599,488 22Ascensus Trust$1,491 1 Raymond James$3,480 1 Prudential$416 1USAA$1,305 1 Oakland University 403B Plan $2,297 1 Community Financial CU$362 1Chemical Bank$1,190 1 Vibe Credit Union$2,013 1 Total$3,462,263 30Merrill Lynch$500 1 Prudential$1,316 2Charles Schwab$273 1 Total$5,105,333 34Total$4,732,816 3410/1/2019 - 12/31/20191/1/2020 - 3/31/20204/1/2019 - 6/30/20197/1/2019 - 9/30/201917 Loan ActivityFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 401(A) Employees Retirement SystemPlan SummaryLoan Utilization By Participant Age*Includes all participant statuses with balance > $0. <25 25-34 35-44 45-54 55-64 65+ OverallParticipants*105 944 1,189 1,425 1,069 596 5,328w/Loan3 64 182 206 105 23 5832.9%6.8%15.3%14.5%9.8%3.9%10.9%% of Participants With Withdrawal ActivityAs of 3/31/20201/1/2020 - 3/31/2020Average loan balance is $7,5111.4% initiated a new loanPrudential Book of Business Average is $7,754 as of 12/31/201910.9% of participants have outstanding active loans0.6% initiated In-Service Withdrawal13.6% Prudential Book of Business Average as of 12/31/201943.7% of participants with loans that have multiple loans28.6% Prudential Book of Business Average as of 12/31/201918 Participant Loan StatisticsFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers. Amount of Loans Taken # of Active LoansLoan Initiations10/1/2019-12/31/20191/1/2020-3/31/2020Change % Changeas of 12/31/2019as of 3/31/2020Change % ChangeGeneral Purpose $918,261 $771,951 ($146,310) (16%) 973 964 (9) (1%)Residential $63,430 $15,620 ($47,810) (75%) 110 108 (2) (2%)Grand Total $981,691 $787,571 ($194,120) (20%) 1,083 1,072 (11) (1%)10/1/2019-12/31/20191/1/2020-3/31/2020# of Outstanding Active Loans1,083 1,072# of New Loans9683Average Loan Balance$7,580 $7,511Total Outstanding Loan Balance $8,209,064 $8,051,828Oakland County 401(A) Employees Retirement SystemPlan Summary# of Oustanding Active LoansParticipant Count1 3282 121366436532Total58319 Participant Transaction StatisticsFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 401(A) Employees Retirement SystemPlan SummaryDefinitions:Unique Callers – The number of individuals that spoke to a Participant Service Center Representative during the reporting period (e.g., If thesame individual called five times during the reporting period, they would only be counted once). Total Call Volume – The number of calls to a Participant Service Center Representative during the reporting period (e.g., If the same individual called five times during the reporting period, they would be counted five times). 7/1/2019 - 9/30/201910/1/2019 - 12/31/20191/1/2020 - 3/31/2020Call CenterUnique Callers355359367Total Call Volume576606651Participant WebsiteUnique Web Logins2,1022,1692,278Total Web Logins28,238 31,632 37,323Call Center Reason Category7/1/2019 - 9/30/201910/1/2019 - 12/31/20191/1/2020 - 3/31/2020Account Explanations117129134Allocation Changes & Exchange9237Contributions111211Disbursements211242200Enrollments138Forms8616Fund Information6612Hardships522IFX408IVR or Web Assistance222720Loans11310885Other201217Payment Questions000Plan Explanations11620Regen Reg Letter001Status of Research643Tax Information0121Website Processing324656Total57660665120 Investment DiversificationOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.21 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.0%10%20%30%40%50%60%70%80%90%100%Less than 25 25-34 35-44 45-54 55-64 65+Stable ValueFixed Inc-DomesticFixed Inc-Glbl / InternationalAllocationEquity - U.S. LargeEquity - U.S. Mid/SmallEquity - Glbl / InternationalAlternative / OtherLess than 25 25-34 35-44 45-54 55-64 65+ TotalParticipants Invested in Only One Fund 74 293 359 308 250 156 1,440Average # of Funds per Participant 2.1 3.2 4.1 5.9 5.6 4.6 4.7Prudential Participants Avg. # of Funds per Participant as of 12/31/2019 5.5 5.5 5.5 5.5 5.3 4.2 5.3% of Plan Assets in Stable Value 0.3% 0.9% 3.3% 7.4% 16.5% 24.6% 12.4%Prudential % of Plan Assets in Stable Value as of 12/31/2019 9.0% 8.2% 10.3% 14.8% 25.3% 41.4% 22.1%Assets by Asset Class and Age as of March 31, 2020Oakland County 401(A) Employees Retirement SystemPlan SummaryFund Utilization By Age as of March 31, 2020Asset AllocationAsset ClassYour Plan Assets as of 3/31/2020 Your Plan % as of 3/31/2020Stable Value $70,444,417 12.4%Fixed Inc-Domestic $42,494,603 7.5%Fixed Inc-Glbl / International $9,065,744 1.6%Allocation $210,512,948 37.1%Equity - U.S. Large $120,422,672 21.2%Equity - U.S. Mid/Small $55,108,267 9.7%Equity - Glbl / International $45,028,445 7.9%Alternative / Other $15,138,308 2.7%Total Participant Balances $568,215,406 100.0%22 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.The funds in boldtype denote inclusion in the GoalMaker®product.Oakland County 401(A) Employees Retirement SystemPlan SummaryUtilization by Fund as of March 31, 2020INVESTMENT OPTIONSBalance % Invested in Fund # of PptsPpts Using as Sole InvestmentGUARANTEED INCOME FUND$70,444,417 12.4% 1,321 105TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $58,465,646 10.3% 946 283LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$36,943,1976.5%1,1905JPMORGAN EQUITY INCOME FUND CLASS R5$32,504,9195.7%1,3751TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$30,774,2185.4%78198PGIM TOTAL RETURN BOND FUND -CLASS Z$29,212,6085.1%1,1200TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$26,651,4304.7%55886FIDELITY 500 INDEX FUND$25,782,3664.5%1,05518FIDELITY GROWTH COMPANY$25,186,9814.4%1,32111MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$24,484,4614.3%1,0021EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$18,801,2633.3%1,2900TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$18,034,2613.2%57786TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$16,166,0572.8%685111PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$16,114,7802.8%10316TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$16,046,0502.8%997136T. ROWE PRICE NEW HORIZONS FUND$14,213,1022.5%1,19314SELF DIRECTED BROKERAGE ACCOUNT$11,892,6322.1%823TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$9,194,6641.6%31850BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$9,065,7441.6%6180FIDELITY SMALL CAP INDEX FUND$8,107,5251.4%4922FIDELITY EMERGING MARKETS INDEX FUND$7,445,9231.3%9240FIDELITY PURITAN FUND$7,199,8831.3%5418VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$7,000,9971.2%1,0540AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$6,826,7441.2%8531TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$5,465,1341.0%630112FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$5,346,4720.9%9380PIMCO INCOME FUND CLASS A$4,796,1720.8%3050AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$4,448,2090.8%3432TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$3,891,1100.7%481153PGIM HIGH YIELD FUND- CLASS Z$3,826,9270.7%3310COHEN & STEERS REALTY SHARES FUND CLASS L$2,781,4690.5%3202FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$2,161,7880.4%1552DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$2,084,5930.4%2170FIDELITY MID CAP INDEX FUND$1,638,9090.3%1190FIDELITY INTERNATIONAL INDEX FUND$1,469,5200.3%2230TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$876,9820.2%174113TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$622,8120.1%8613COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$535,7290.1%561TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$474,1940.1%727BNY MELLON NATURAL RESOURCES FUND CLASS I$464,2070.1%1500COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$412,5160.1%460GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$353,5880.1%490VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$5,2080.0%20Total$568,215,405100.0%23 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 401(A) Employees Retirement SystemPlan SummaryInvestment UtilizationDue to rounding, bar graph may not equal 100%24 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 401(A) Employees Retirement SystemPlan SummaryActive/Suspended Terminated Active/Suspended Terminated Active/Suspended TerminatedLess than 25300060925-34512105148235-444122083411445-54202575127121255-64221250731512765+438135033Total58191582530314577Active/Suspended Terminated Active/Suspended Terminated Active/Suspended TerminatedLess than 25$6,661$0$0$0$37,286$0 $43,94725-34$25,876 $14,223 $434,189$0 $1,486,328 $30,558 $1,991,17435-44$178,100 $55,693 $2,374,237$0 $11,790,762 $151,647 $14,550,44045-54$3,713,144 $562,977 $12,653,597 $265,591 $25,676,026$368 $42,871,70455-64$3,390,850 $1,700,080 $15,116,811 $2,149,427 $8,369,795 $316,892 $31,043,85465+$980,382 $1,070,991 $2,921,331 $4,091,702 $738,694$0 $9,803,101Total$8,295,013 $3,403,965 $33,500,165 $6,506,720 $48,098,892 $499,465 $100,304,219Conservative ModerateAggressiveConservative ModerateAggressiveParticipant Age RangeTotalTotalParticipant Age Rangeaverage contribution rate (%) for active 4.1%GoalMaker participants1.1 Yearsaverage length of time GoalMakerparticipants have been enrolled in GoalMakeractively elected GoalMaker10.8%GoalMaker participation rate for those whoGoalMaker® Participationas of 3/31/20206/30/2019 9/30/2019 12/31/2019 3/31/2020Plan Assets for Participants in GoalMaker $85,616,405 $98,205,750$112,559,524 $100,304,219# of Participants in GoalMaker 433 515 560 577Participation Rate in GoalMaker 8.2% 9.8% 10.5% 10.8%% of Plan Assets for GoalMaker Participants 13.9% 15.9% 17.1% 17.7%Prudential Book of Business For Plans Offering GoalMaker – As of 12/31/2019The participation rate in GoalMaker is 52.3%.The percentage of plan assets for GoalMaker participants is 21.7%. Percentage of Assets by GoalMaker® Participation Portfolio - As of 3/31/202011.7%39.9%48.5%ConservativeModerateAggressiveDue to rounding, pie chart may not equal 100%25 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 401(A) Employees Retirement SystemPlan SummaryDefault Investor6/30/2019 9/30/2019 12/31/2019 3/31/2020Plan Assets for Participants in GoalMaker $0 $0 $0 $0# of Participants in GoalMaker 0 0 0 0 Participation Rate in GoalMaker0.0% 0.0% 0.0%0.0%% of Plan Assets for GoalMaker Participants0.0% 0.0% 0.0%0.0%Non-Default Investor6/30/2019 9/30/2019 12/31/2019 3/31/2020Plan Assets for Participants In GoalMaker $85,616,405 $98,205,750$112,559,524 $100,304,219# of Participants in GoalMaker 433 515 560 577Participation Rate in GoalMaker 8.2% 9.8% 10.5% 10.8%% of Plan Assets for GoalMaker Participants 13.9% 15.9% 17.1% 17.7%Total6/30/2019 9/30/2019 12/31/2019 3/31/2020Plan Assets for Participants In GoalMaker $85,616,405 $98,205,750$112,559,524 $100,304,219# of Participants in GoalMaker 433 515 560 577Participation Rate in GoalMaker 8.2% 9.8% 10.5% 10.8%% of Plan Assets for GoalMaker Participants 13.9% 15.9% 17.1% 17.7%Percentage of Assets byGoalMaker® Investor -As of 3/31/20200.0%100.0%Default InvestorNon-Default InvestorGoalMaker®Participation – Default vs Non-Default InvestorDue to rounding, pie chart may not equal 100%26 Plan SummaryOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Asset ClassLess than 25 25-34 35-44 45-54 55-6465+TotalStable Value$1,764 $169,028 $2,861,974 $14,611,773 $25,654,398 $27,145,480 $70,444,417Fixed Inc-Domestic$1,445 $215,482 $3,106,998 $15,342,181 $16,382,896 $7,445,601 $42,494,603Fixed Inc-Glbl / International$369 $33,657 $455,043 $3,042,399 $4,121,079 $1,413,198 $9,065,744Allocation$386,642 $13,923,813 $41,360,226 $65,437,085 $51,911,579 $37,493,603 $210,512,948Equity - U.S. Large$64,497 $1,907,249 $17,816,902 $48,545,884 $30,306,508 $21,781,632 $120,422,672Equity - U.S. Mid/Small$74,312 $1,599,306 $10,276,795 $22,845,275 $13,184,680 $7,127,900 $55,108,267Equity - Glbl / International$19,312 $982,437 $8,354,707 $20,557,195 $10,420,878 $4,693,916 $45,028,445Alternative / Other$0 $106,829 $2,090,535 $5,840,132 $3,692,484 $3,408,328 $15,138,308Total Assets$548,340 $18,937,801 $86,323,179 $196,221,925 $155,674,503 $110,509,657 $568,215,405% of Assets0.1%3.3% 15.2% 34.5% 27.4% 19.4% 100.0% Active Participants87759852 1,081668148 3,595 Terminated Participants17180318325371423 1,634 Other Participants*151919302599Total Participants**105944 1,189 1,425 1,069596 5,328Avg Account Balance$5,222 $20,061 $72,601 $137,700 $145,626 $185,419 $106,647**Total column for participant count is a sum of participants across each age group. E.g. If a participant has both a main account and beneficiary account within different age groups (decedent's date of birth), that participant will be counted twice.*Participant(s) who are not active, terminated or suspended, but have an account balance greater than $0 (e.g. break-in-service, rehire, etc.).Asset Allocation by Age Group as of March 31, 202027 Plan SummaryOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.INVESTMENT OPTIONSLess than 25 25-3435-4445-5455-6465+TotalFIDELITY CONTRAFUND FUND$0$0$0$0$0$0$0GUARANTEED INCOME FUND$1,764 $169,028 $2,861,974 $14,611,773 $25,654,398 $27,145,480 $70,444,417TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$0 $50,599 $8,505,241 $18,084,387 $16,903,172 $14,922,247 $58,465,646LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$25,645 $269,335 $4,420,348 $14,112,477$8,786,755 $9,328,638 $36,943,197JPMORGAN EQUITY INCOME FUND CLASS R5$7,673 $522,891 $5,078,626 $12,660,122 $8,541,538 $5,694,069 $32,504,919TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$0 $24,750 $6,118,229 $22,212,148 $1,791,775 $627,316 $30,774,218PGIM TOTAL RETURN BOND FUND -CLASS Z$830 $118,653 $1,591,066 $11,048,741 $11,180,566 $5,272,752 $29,212,608TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$0$0 $1,241,681 $5,260,513 $14,473,609 $5,675,627 $26,651,430BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I$0$0$0$0$0$0$0FIDELITY 500 INDEX FUND$5,872 $376,170 $3,647,843 $10,220,339 $7,127,684 $4,404,457 $25,782,366FIDELITY GROWTH COMPANY$25,307$738,852 $4,670,085 $11,552,946 $5,845,323 $2,354,469 $25,186,981MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$11,428 $566,809 $4,471,745 $10,987,889 $5,566,936 $2,879,654 $24,484,461AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-6$0$0$0$0$0$0$0EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$2,616 $212,239$2,948,056 $8,276,527 $4,578,747 $2,783,078 $18,801,263TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$0 $42,868 $473,452 $13,107,149 $4,252,958 $157,833 $18,034,261TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$0$2,103$13,974,625 $2,147,042 $41,173$1,114 $16,166,057PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$32 $23,058 $53,230 $694,747 $4,489,468 $10,854,244 $16,114,780TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$24,213 $5,318,778 $9,256,657 $969,984$428,808 $47,608 $16,046,050T. ROWE PRICE NEW HORIZONS FUND$66,089 $1,005,736 $3,024,315 $5,590,439 $2,979,569 $1,546,955 $14,213,102COHEN & STEERS INSTITUTIONAL REALTY SHARES$0$0$0$0$0$0$0SELF DIRECTED BROKERAGE ACCOUNT$0 $46,965 $1,506,387 $4,271,405 $2,946,407 $3,121,468 $11,892,632TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$2,031$98$7,994 $740,450 $7,348,453 $1,095,637 $9,194,664BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$369 $33,657 $455,043 $3,042,399 $4,121,079 $1,413,198 $9,065,744FIDELITY SMALL CAP INDEX FUND$0 $86,242 $1,500,387 $3,079,386 $2,174,359 $1,267,151 $8,107,525FIDELITY EMERGING MARKETS INDEX FUND$3,981 $237,442 $1,726,512 $3,496,193 $1,626,639 $355,156 $7,445,923FIDELITY PURITAN FUND$0 $61,808 $679,104 $1,965,986 $1,410,179 $3,082,805 $7,199,883VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$2,247 $156,296 $1,463,199 $2,918,155 $1,588,003 $873,098 $7,000,997AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$1,389 $76,130 $1,215,003 $2,991,526 $1,701,772 $840,924 $6,826,744TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$7,553 $4,107,260 $971,943 $140,560 $237,818$0 $5,465,134FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$3,360 $121,575 $1,125,051 $2,419,338 $1,187,706 $489,443 $5,346,472PIMCO INCOME FUND CLASS A$0 $40,609 $577,996 $1,763,070 $1,837,539 $576,957 $4,796,172AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$1,809 $72,339 $643,975 $2,128,822 $1,202,123 $399,142 $4,448,209TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$22,291 $3,857,043$0$1,725 $10,051$0 $3,891,110PGIM HIGH YIELD FUND- CLASS Z$0 $14,312 $339,545 $1,234,039 $1,317,307 $921,723 $3,826,927COHEN & STEERS REALTY SHARES FUND CLASS L$0 $52,939 $511,223 $1,384,688 $626,176 $206,442 $2,781,469FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$0 $39,284 $356,458$586,085 $872,048 $307,912 $2,161,788DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$615$2,341 $193,130 $617,880 $918,450 $352,176 $2,084,593FIDELITY MID CAP INDEX FUND$0 $17,218 $215,787 $561,432 $676,296 $168,175 $1,638,909INVESCO OPPENHEIMER SENIOR FLOATING RATE FUND CLASS Y$0$0$0$0$0$0$0FIDELITY INTERNATIONAL INDEX FUND$2 $25,885 $262,936 $843,730 $268,133 $68,834 $1,469,520TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$330,521$434,828 $57,248 $39,860 $14,525$0 $876,982TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$0$0$0$0$40,619 $582,193 $622,812COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$0$620 $19,082 $66,725 $445,118$4,185 $535,729TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$0$0$1,739$5,810 $23,853 $442,792 $474,194BNY MELLON NATURAL RESOURCES FUND CLASS I$0$6,925 $72,925 $184,040 $119,901 $80,417 $464,207COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$0$282 $48,803 $92,365 $256,986 $14,080 $412,516GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$703$3,833 $34,536 $109,035 $55,275 $150,207 $353,588VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$0$0$0$0$5,208$0$5,208Total Assets$548,340 $18,937,801 $86,323,179$196,221,925 $155,674,503 $110,509,657 $568,215,406% of Assets0.1%3.3%15.2%34.5%27.4%19.4% 100.0%Total Participants1059441,1891,4251,0695965,328Avg. Account Balance$5,222 $20,061 $72,601 $137,700 $145,626 $185,419 $106,647Fund Allocation by Age Group as of March 31, 202028 INVESTMENT OPTIONSLess than 25 25-3435-4445-5455-6465+TotalFIDELITY CONTRAFUND FUND0000000GUARANTEED INCOME FUND4501413824293151,321TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS018234303213178946LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND5682074262951901,191JPMORGAN EQUITY INCOME FUND CLASS R5101332544923361511,376TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS021575763115781PGIM TOTAL RETURN BOND FUND -CLASS Z4671484153461411,121TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS002310837948558BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I0000000FIDELITY 500 INDEX FUND3511513742951821,056FIDELITY GROWTH COMPANY131222094653561571,322MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R391021763802281081,003AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-60000000EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A91132374853261211,291TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS01144211347577TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS0253813951685PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND136213834103TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS84495201442997T. ROWE PRICE NEW HORIZONS FUND14144232415296931,194COHEN & STEERS INSTITUTIONAL REALTY SHARES0000000SELF DIRECTED BROKERAGE ACCOUNT021533201282TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS1133421168318BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A3408322520266619FIDELITY SMALL CAP INDEX FUND03310417812651492FIDELITY EMERGING MARKETS INDEX FUND1011818834721052925FIDELITY PURITAN FUND0977188155114543VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A10120211377249881,055AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E250170322209101854TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS3499119540630FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I1111018134622169938PIMCO INCOME FUND CLASS A011591328024306AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5228691288828343TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS114660310481PGIM HIGH YIELD FUND- CLASS Z011551309145332COHEN & STEERS REALTY SHARES FUND CLASS L020691327623320FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND0715396430155DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS 1 442935919218FIDELITY MID CAP INDEX FUND012213938 9119INVESCO OPPENHEIMER SENIOR FLOATING RATE FUND CLASS Y0000000FIDELITY INTERNATIONAL INDEX FUND11734856224223TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS88803120174TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS0000107686COLUMBIA INCOME BUILDER FUND ADVISOR CLASS0171922756TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS002785673BNY MELLON NATURAL RESOURCES FUND CLASS I0529713411150COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS0151422446GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS 1 4111813 249VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL0000202Total Participants1059441,1891,4251,0695965,328Average # of Funds Per Participant2.13.24.15.95.64.64.7Plan SummaryOakland County 401(A) Employees Retirement SystemParticipant Count by Fund by Age Group as of March 31, 2020For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.29 30Oakland County 401(A) Employees Retirement SystemPlan SummaryFor Plan Sponsor or Consultant Use OnlyAssets and contributions reflect actual participant account balances and do not include outstanding loan balances, forfeitures, and / or expense account assets.Customer should promptly report any inaccuracy or discrepancy to the brokerage firm(s).All oral communications should be re-confirmed in writing to protect the customer’s legal rights, including rights under the Securities Investor Protection act (SIPA).This information should not be considered an offer or solicitation of securities, insurance products or services. No offer is intended nor should this material be construed as an offer of any product. The information is being presented by us solely in our role as the plan’s service provider and or record keeper. Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company, Hartford, CT, or its affiliates.© 2020 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol and Bring Your Challenges are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.Prudential’s Book of Business averages are as of 12/31/2019.30 Section II:Oakland County 457(b) Deferred Compensation PlanPlan Summary – 940080Oakland County 457(b) Deferred Compensation PlanFor Plan Sponsor or Consultant Use Only 31 Plan Summary and Benchmark TrendsOakland County 457(b) Deferred Compensation PlanFor Plan Sponsor or Consultant Use Only 32 Oakland County 457(b) Deferred Compensation PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Plan SummaryPlan Demographics Summary12/31/2019 10/1/201910/1/2019-12/31/20191/1/2020-3/31/2020Total Participants* 3,380 3,425 Active Participants 2,565 2,610 Terminated Participants 715 718 Suspended Participants 7 6 Other Participants** 90 88 Multiple Status Participants*** 3 3Average Participant Balance $88,123 $75,602 Average Account Balance for Active Participants $74,079$62,372Median Participant Balance $22,342 $18,754 Median Participant Balance for Active Participants $17,470 $14,113Participants Age 50 and Over 1,695 1,720 Total Assets for Participants Age 50 and Over $237,027,855 $208,518,505Total (Contributions + Rollovers In) $3,782,551 $3,014,574 Employee Contributions $2,938,048 $2,867,754 Rollovers In $844,504 $146,821Total Distributions ($3,716,809) ($4,013,820)Percentage of Assets Distributed 1.2% 1.6%Market Value Gain / Loss**** $20,063,262 ($37,772,483)Total Participant Balances $297,855,179 $258,936,631*** Participant(s) with an account balance greater than $0 in more than one participant status category (e.g. Active status in one subplan but Terminated status in another subplan).****This is not the equivalent of a plan level return on investment due to the timing of additions, distributions and underlying investment performance. *Participant(s) with an account balance greater than $0. **Participant(s) who are not active, terminated or suspended, but have an account balance greater than $0 (e.g. break-in-service, rehire, etc.). Rollovers In is the total dollars credited to participant accounts within the period defined that originated in other qualified retirement plan accounts.33 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryPlan FeaturesGoalMaker12/31/2019 3/31/2020Plan Assets for Participants in GoalMaker $39,664,148 $36,602,812% of Plan Assets for GoalMaker Participants 13.3% 14.1%# of Participants in GoalMaker601 633 Participation Rate in GoalMaker 17.8% 18.5% Prudential % of Participants in GoalMaker - As of 12/31/2019IncomeFlex12/31/2019 3/31/2020% of Plan Assets Invested in IncomeFlex Funds for IncomeFlex Participants 23.0% 27.6%# of Participants in IncomeFlex21 23 Participation Rate in IncomeFlex 0.6% 0.7%Prudential % of Participants in IncomeFlex - As of 12/31/2019Auto Features12/31/2019 3/31/2020 % of Contributing Participants in Contribution Accelerator 6.7% 7.2%Prudential % of Contributing Participants in Contribution Accelerator - As of 12/31/2019Stable Value12/31/2019 3/31/2020Participation Rate in Stable Value 32.3% 33.1%% of Plan Assets in Stable Value 12.7% 16.5%Prudential % of Plan Assets in Stable Value - As of 12/31/201952.3%7.3%32.5%22.1%Participant Activity Call Center10/1/2019 - 12/31/20191/1/2020 - 3/31/2020Total Call Volume316 305Loans10/1/2019 - 12/31/20191/1/2020 - 3/31/2020Amount of New Loans Taken $234,825 $122,432# of New Loans19 13# of Outstanding Active Loans 281 281% of Participants have Outstanding Active Loans 6.6% 6.5%Prudential % of Participants have Outstanding Active Loans - As of 12/31/201913.6%Transaction SummaryTransactions10/1/2019 - 12/31/20191/1/2020 - 3/31/2020Total Enrollees* 84 60 Contribution Rate Increases for Active Participants** 445 321 Contribution Rate Decreases for Active Participants** 109 119Total Contribution Rate Changes** 554 440Number of Participants with Transfers 769 1,335Loan Initiations 19 13Distributions 318 240**Sum of month over month contribution rate (% and $) changes are for active participants during the reporting period. This excludes any terminations, enrollments or auto enrollments(if applicable on the plan) during the respective months in which contribution rate changes occurred.*Number of participants that w ere enrolled into the plan w ithin the reporting period. This can include those individuals w ho self enrolled or auto enrolled, if applicable on the plan. Rehires may not be included if their original enrollment date falls outside the reporting period.34 For Plan Sponsor or Consultant Use OnlyPlan SummaryOakland County 457(b) Deferred Compensation PlanBenchmark Trends – Plan FeaturesPlan FeaturesYour PlanPrudential Book ofBusinessIndustryAverage*Plan Sponsor Survey 2019**Plan Sponsor Survey 2020***Auto Enrollment (Administered Through Prudential)No53.2%27.9%46.3%48.2%Auto Enrollment Default RateNA3% (44.4% of Plans)18.2%38.9%39.5%Contribution Accelerator (Administered Through Prudential)Yes51.9%25.0%37.8%40.0%GoalMaker®Yes67.0%0.0%NANAInvestment Options43.013.525.324.922.9IncomeFlex®Yes25.3%13.3%9.9%9.2%LoansYes63.5%74.4%91.6%82.0%Plan Allows RothNo32.8%66.7%71.8%76.9%Plan Allows Catch-Up Contributions (Administered Through Prudential)Yes48.1%NANANA **2019 Annual Survey, 2019 (Overall) ***2020 Annual Survey, 2020 (Overall) *Annual Survey, 2020 (Industry Specific Results) – Government Municipal This information should not be considered an offer or solicitation of securities, insurance products or services. No offer is intended nor should this material be construed as an offer of any product. The information is being presented by us solely in our role as the plan’s service provider and/or record keeper.© 2020 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol and Bring Your Challenges are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.Prudential’s Book of Business averages are as of 12/31/2019External Benchmark Source: PLANSPONSOR Defined Contribution Annual Survey 35 For Plan Sponsor or Consultant Use OnlyPlan SummaryOakland County 457(b) Deferred Compensation PlanBenchmark Trends – Participant BehaviorPlan FeaturesYour PlanPrudential Book ofBusinessIndustryAverage*Plan Sponsor Survey 2019**Plan Sponsor Survey 2020***Participation Rate69.1%70.5%76.6%79.2%78.9%Average Contribution Rate (%)8.2%7.6%6.8%6.8%7.1%Average Account Balance$75,602$73,876$89,180$102,586$103,108Median Account Balance$18,754$70,895$67,239$77,204$79,970% of Plan Assets in Stable Value16.5%22.1%0.0%NANAAverage # of Funds Held5.35.36.75.56.3% of 55+ Participants Utilizing IncomeFlex®0.6%9.5%0.0%NANA% of Participants Utilizing GoalMaker®18.5%52.3%0.0%NANA% of Participants have Outstanding Active Loans6.5%13.6%18.3%13.5%14.2%Average Loan Balance$7,241$7,754$9,939$10,257$10,121 **2019 Annual Survey, 2019 (Overall) ***2020 Annual Survey, 2020 (Overall)Prudential’s Book of Business averages are as of 12/31/2019External Benchmark Source: PLANSPONSOR Defined Contribution Annual Survey *Annual Survey, 2020 (Industry Specific Results) – Government Municipal This information should not be considered an offer or solicitation of securities, insurance products or services. No offer is intended nor should this material be construed as an offer of any product. The information is being presented by us solely in our role as the plan’s service provider and/or record keeper.© 2020 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol and Bring Your Challenges are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.36 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryAsset Allocation/Net Activity By AgeJanuary 1, 2020 to March 31, 2020Less than 25 25-3435-4445-5455-6465+TotalTotal Participant Balances$81,713 $3,035,601 $18,444,672 $67,819,227 $93,274,608 $76,280,809 $258,936,631% Assets0.0%1.2%7.1%26.2%36.0%29.5%100.0%Average Contribution Rate ($)$62$86$135$182$235$348$173Average Contribution Rate (%)6.9%7.0%7.7%7.9%12.2%11.1%8.2%Prudential Avg. Contribution Rate (%) as of 12/31/20195.0%6.0%6.8%8.0%9.6%11.3%7.6% Contributions$18,340 $287,905 $534,991 $1,028,351 $776,543 $221,624 $2,867,754 Rollovers In*$7,643 $21,581 $29,345 $57,780 $30,471$0 $146,821Total (Contributions + Rollovers In)$25,983 $309,486 $564,336 $1,086,131 $807,014 $221,624 $3,014,574 Cash Distributions$0($988) ($28,680) ($175,232) ($931,450) ($425,888) ($1,562,237) Rollovers Out$0 ($3,771) ($1,538)$0 ($197,397) ($2,248,876) ($2,451,582)Total (Cash Distributions + Rollovers Out)$0 ($4,759) ($30,218) ($175,232) ($1,128,847) ($2,674,764) ($4,013,820)Net Activity$25,983 $304,727 $534,119 $910,899 ($321,833) ($2,453,140) ($999,245)Total Participants**435186519888134143,427Average Account Balance$1,900$5,860 $28,333 $68,643 $114,729 $184,253$75,558Prudential Avg. Account Balance as of 12/31/2019$3,645 $16,118 $46,246 $89,262 $123,641 $125,460$73,876Median Account Balance$761$2,667$8,095 $29,957 $48,896 $84,796$18,754Prudential Median Account Balance as of 12/31/2019$4,531 $11,969 $31,729 $52,216 $78,108 $116,384$70,895High Balance $10,598 $111,587 $386,920 $736,288 $1,440,403 $1,740,904Low Balance$44$11$4$12$0.01$0.01**Total column for participant count is a sum of participants across each age group. E.g. If a participant has both a main account and beneficiary account w ithin different age groups (decedent's date of birth), that participant will be counted twice.*Rollovers In is the total dollars credited to participant accounts w ithin the period defined that originated in other qualified retirement plan accounts.Average Balance By Years of Service as of March 31, 2020Years of Service 0 - 5 6 - 10 11 - 15 16 - 20 21 - 25 26 - 30 31 - 35 36 - 40 41 - 45 46 - 50 51 -55 56-60Average Account Balance* $9,968 $17,136 $30,730 $55,574 $108,409 $145,903 $125,733 $247,304 $270,682 $894,128 $0 $1,205,024* Active Employees37 Retirement ReadinessOakland County 457(b) Deferred Compensation PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.38 Oakland County 457(b) Deferred Compensation PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Plan SummaryParticipation Rate As of March 31, 202012/31/20193/31/2020 Total Eligible To Contribute Population3,5973,624 Contributing (A)2,4752,504 Enrolled Not Contributing (B)126132 Eligible Not Enrolled (C)99698812/31/20193/31/2020Participation Rate *68.8%69.1% Prudential Book of Business 12/31/2019 Plan Sponsor Survey 2020 - National AverageEligible Not Enrolled – An individual who meets the requirements to join the plan, but has not enrolled in the plan (as of close of business on the last business day of the period).Contributing – Count of participants who are active/eligible and have a contribution rate (%) or amount ($) greater than zero (as of close of business on the last business day of the period).Enrolled Not Contributing – An individual who is enrolled in the plan, but does not have a contribution rate (%, $) greater than zero (as of close of business on the last business day of the period).Definitions:70.5%78.9%* Participation Rate is calculated by A/(A+B+C)69.1%3.6%27.3%ContributingEnrolled Not ContributingEligible Not EnrolledDue to rounding, pie chart may not equal 100%39 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryParticipation Rate By Employee Location as of March 31, 2020By Location NameContributingEnrolled Not ContributingEligible Not Enrolled52/1 District Court40 0 7 85.1%52/2 District Court17 0 6 73.9%52/3 District Court21 1 22 47.7%52/4 District Court14 1 11 53.8%Animal Control19 0 5 79.2%Aviation & Transportation13 0 6 68.4%Board Of Commissioners23 0 15 60.5%Children's Village78 3 108 41.3%Circuit Court204 16 147 55.6%Clerk/Register of Deeds54 1 28 65.1%Community & Home Improvement15 0 3 83.3%Community Corrections28 1 19 58.3%Compliance Office13 0 2 86.7%Corporation Counsel/Risk Management22 0 5 81.5%County Executive 28 0 15 65.1%District Court Administration1 0 0 100.0%Economic Dev & Comm Affairs5 0 6 45.5%Equalization69 1 8 88.5%Facilities 101 4 71 57.4%Health196 10 86 67.1%Homeland Security4 1 2 57.1%Human Resources38 2 0 95.0%IT100 6 25 76.3%Management & Budget/Fiscal Services71 3 15 79.8%Medical Examiner 15 1 4 75.0%LocationParticipantsParticipation Rate %3/31/20209ContributingEnrolled Not ContributingEligible Not EnrolledMSU Extension 2 0 4 33.3%Parks and Recreation52 3 22 67.5%Planning & Economic Development29 0 6 82.9%Probate Court21 2 22 46.7%Prosecuting Attorney107 2 50 67.3%Sheriff534 22 89 82.8%Sheriff/Addison6 2 0 75.0%Sheriff/Brandon13 1 0 92.9%Sheriff/Commerce34 3 3 85.0%Sheriff/Highland15 0 2 88.2%Sheriff/Independence31 1 2 91.2%Sheriff/Lyon18 1 3 81.8%Sheriff/Oakland13 1 1 86.7%Sheriff/Orion29 0 5 85.3%Sheriff/Oxford17 1 1 89.5%Sheriff/Pontiac64 5 16 75.3%Sheriff/Rochester Hills55 3 6 85.9%Sheriff/Springfield8 1 2 72.7%Support Services23 0 8 74.2%Treasurer30 5 4 76.9%Veterans Services Admin10 0 5 66.7%Water Resources Commissioner200 10 119 60.8%Workforce Development4 0 2 66.7%#N/A0 18 0 0.0%Total2,504 132 988 69.1%LocationParticipantsParticipation Rate %3/31/2020940 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryParticipation Rate By Employee Location as of March 31, 2020By Participation Rate%ContributingEnrolled Not ContributingEligible Not EnrolledDistrict Court Administration1 0 0 100.0%Human Resources38 2 0 95.0%Sheriff/Brandon13 1 0 92.9%Sheriff/Independence31 1 2 91.2%Sheriff/Oxford17 1 1 89.5%Equalization69 1 8 88.5%Sheriff/Highland15 0 2 88.2%Compliance Office13 0 2 86.7%Sheriff/Oakland13 1 1 86.7%Sheriff/Rochester Hills55 3 6 85.9%Sheriff/Orion29 0 5 85.3%52/1 District Court40 0 7 85.1%Sheriff/Commerce34 3 3 85.0%Community & Home Improvement15 0 3 83.3%Planning & Economic Development29 0 6 82.9%Sheriff534 22 89 82.8%Sheriff/Lyon18 1 3 81.8%Corporation Counsel/Risk Management22 0 5 81.5%Management & Budget/Fiscal Services71 3 15 79.8%Animal Control19 0 5 79.2%Treasurer30 5 4 76.9%IT100 6 25 76.3%Sheriff/Pontiac64 5 16 75.3%Medical Examiner 15 1 4 75.0%Sheriff/Addison6 2 0 75.0%LocationParticipantsParticipation Rate %3/31/2020ContributingEnrolled Not ContributingEligible Not EnrolledSupport Services23 0 8 74.2%52/2 District Court17 0 6 73.9%Sheriff/Springfield8 1 2 72.7%Aviation & Transportation13 0 6 68.4%Parks and Recreation52 3 22 67.5%Prosecuting Attorney107 2 50 67.3%Health196 10 86 67.1%Veterans Services Admin10 0 5 66.7%Workforce Development4 0 2 66.7%County Executive 28 0 15 65.1%Clerk/Register of Deeds54 1 28 65.1%Water Resources Commissioner200 10 119 60.8%Board Of Commissioners23 0 15 60.5%Community Corrections28 1 19 58.3%Facilities 101 4 71 57.4%Homeland Security4 1 2 57.1%Circuit Court204 16 147 55.6%52/4 District Court14 1 11 53.8%52/3 District Court21 1 22 47.7%Probate Court21 2 22 46.7%Economic Dev & Comm Affairs5 0 6 45.5%Children's Village78 3 108 41.3%MSU Extension 2 0 4 33.3%#N/A0 18 0 0.0%Total2,504 132 988 69.1%LocationParticipantsParticipation Rate %3/31/202041 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryRetirement Income Calculator (RIC) AnalysisTotal Retirement Income Calculator Completions - Number of RIC completions for the given time period. If a single participant completed the RIC multiple times within the given time period, they would be counted multiple times.Unique Completions: Total number of unique active/eligibles that completed the retirement income calculator during the reporting periodContribution Rate Increases: Total number of active/eligibles that completed the retirement income calculator and increased their contribution rate.Average Balance RIC Participant - For participants who have a balance greater than $0 that have previously completed the RIC - The total balance of active participants divided by the total count of active participantsAverage Balance Non-RIC Participant - For participants who have a balance greater than $0 that have NOT previously completed the RIC - The total balance of active participants divided by the total count of active participantsAverage Contribution Rate RIC Participant - For participants who have completed the RIC - The total of all contribution rates (%) for active participants who have completed the RIC divided by the number of active participants that have completed the RIC who have non-zero contribution rates.Average Contribution Rate Non RIC Participant - For participants who have NOT completed the RIC - The total of all contribution rates (%) for active participants who have completed the RIC divided by the number of active participants that have completed the RIC who have non-zero contribution rates.Average Income Replacement, RIC Participant - Calculated by summing the income replacement percentages of all active, eligible & suspended participants who have completed the RIC divided by the total count of all those active, eligible & suspended participants that have completed the RIC. Individuals not enrolled in the plan are excluded from the calculation.Average Income Replacement, Non- RIC Participant - Calculated by summing the income replacement percentages of all active, eligible & suspended participants who have not completed the RIC divided by the total count of all those active, eligible & suspended participants that have completed the RIC. Individuals not enrolled in the plan are excluded from the calculation.Participant - An individual who has enrolled in the plan and has a non-zero account balance.Total Retirement Income Calculator Completions353Unique Completions284Contribution Rate Increase41Average Balance, RIC Participant$65,821Average Balance, Non-RIC Participant$62,668Average Contribution Rate, RIC Participant8.50%Average Contribution Rate, Non-RIC Participant7.73%Total Count of Participants with a RIC Gap1,159Average RIC Gap $3,225Total Count of Participants with a RIC Surplus340Average RIC Surplus $2,059Average Income Replacement, RIC Participant57%Average Income Replacement, Non-RIC Participant80%Since Inception for Currently Active Participants as of 3/31/20201/1/2020 - 3/31/202042 IncomeFlex ParticipationFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryAs Of 3/31/2020<=44 45-54 55-64 65+ Grand TotalParticipants Enrolled in IncomeFlex 8 8 2 5 23IncomeFlex AssetsAs of 3/31/2020, the participants invested in IncomeFlex have 27.6% of their total plan assets in these funds, with an average balance of $60,320.IncomeFlex UtilizationDuring the period of 1/1/2020 to 3/31/2020, the IncomeFlex participation rate was 0.7%.43 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryAuto Features (1 of 2)As of March 31, 202044 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryAuto Features (2 of 2)Number of Participants in both Auto Enrollment & Contribution Accelerator as of Reporting End Date: Total number of participants with an auto enrollment date as of end of reporting period, did not decline auto enrollment, and did not change any of their default options. In addition, these participants were enrolled or defaulted into Contribution Accelerator and still remain in the program as of the reporting end date.Number of Participants in Auto Enrollment Status: Total number of participants with an auto enrollment date as of end of reporting period, did not decline auto enrollment , and did not change any of their default options.Number of Participants That Were Auto Enrolled During the Reporting Period: Participants with an auto enrollment date between the beginning and end date of the reporting period. If a participant later declined auto enrollment or made a change to their default option(s), the participant is still included in this count because their auto enrollment date is within the reporting period.Auto Enrollment Default Options: A pre-selected set of choices made for the participant by the plan (contribution rate, investment(s), and asset allocation).Number of Auto Enrolled Participants Who Stopped Participating:Total number of individuals who were previously auto enrolled, but decided to set their contribution rate to 0% during the reporting period.Number of Auto Enrollment Declines: Total number of individuals who are active/eligible, but declined from being automatically enrolled into the Plan during the reporting period.Number of Contribution Accelerator Declines: Total number of individuals who are active/eligible, but declined from having their contribution rate automatically increased. This could include new enrollees or those who were previously enrolled in Contribution Accelerator at one time. For Opt-In Plans, this would also include participants who made a contribution rate change via Participant Website and decided not to select the “Activate” Contribution Accelerator prompt upon making their contribution rate change.Auto Features1/1/2020 - 3/31/2020 Number of Participants Enrolled Into Contribution Accelerator During the Reporting Period*20 Number of Participants That Declined Contribution Accelerator During the Reporting Period75 Number of Participants Enrolled Into Contribution Accelerator During the Reporting Period and Still Remain in the Program*20 Defaulted Into Contribution Accelerator*0 Opted Into Contribution Accelerator*20 Opted Into Contribution Accelerator at 1% Contribution Increment*18 Opted Into Contribution Accelerator at >1% Contribution Increment2* Includes participants with Contribution Accelerator Increment Amounts ($) if applicable on the planContribution Accelerator45 Plan ActivityOakland County 457(b) Deferred Compensation PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.46 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.INVESTMENT OPTIONS10/1/2019 - 12/31/2019 % 1/1/2020 - 3/31/2020 %Change%FIDELITY GROWTH COMPANY$302,62710.3%$321,19311.2%$18,5676.1%FIDELITY 500 INDEX FUND$283,2139.6%$267,5459.3%($15,668)-5.5%GUARANTEED INCOME FUND$219,5147.5%$204,1047.1%($15,410)-7.0%JPMORGAN EQUITY INCOME FUND CLASS R5$181,0416.2%$179,0356.2%($2,006)-1.1%MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$144,8504.9%$145,3815.1%$5300.4%TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$124,4344.2%$137,2954.8%$12,86110.3%T. ROWE PRICE NEW HORIZONS FUND$136,8924.7%$137,2824.8%$3900.3%TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$136,3764.6%$121,7224.2%($14,654) -10.7%PGIM TOTAL RETURN BOND FUND -CLASS Z$119,0304.1%$116,1794.1%($2,850)-2.4%TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$127,6764.4%$108,4493.8%($19,227) -15.1%TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$87,2173.0%$95,8403.3%$8,6239.9%TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$90,0763.1%$78,6652.7%($11,411) -12.7%TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$80,5302.7%$73,8282.6%($6,703)-8.3%FIDELITY PURITAN FUND$83,1412.8%$73,5112.6%($9,630) -11.6%FIDELITY EMERGING MARKETS INDEX FUND$72,7582.5%$73,3632.6%$6050.8%VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$72,0402.5%$69,0472.4%($2,994)-4.2%TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$74,9302.6%$67,6482.4%($7,282)-9.7%EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$72,0902.5%$67,2772.4%($4,812)-6.7%AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$68,9922.4%$65,9622.3%($3,030)-4.4%FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$57,8962.0%$55,6031.9%($2,293)-4.0%FIDELITY SMALL CAP INDEX FUND$39,2341.3%$40,2571.4%$1,0232.6%FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$33,4461.1%$40,0771.4%$6,63119.8%TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$33,4131.1%$38,9921.4%$5,57916.7%LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$00.0%$26,1950.9%$26,195n/aFIDELITY MID CAP INDEX FUND$28,0731.0%$25,5660.9%($2,506)-8.9%FIDELITY CONTRAFUND FUND$56,4871.9%$25,4690.9%($31,018) -54.9%FIDELITY INTERNATIONAL INDEX FUND$25,9510.9%$24,6990.9%($1,252)-4.8%BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$00.0%$19,3100.7%$19,310n/aBNY MELLON GLOBAL FIXED INCOME FUND - CLASS I$38,6201.3%$19,0070.7%($19,612) -50.8%TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$17,2230.6%$17,4540.6%$2311.3%PIMCO INCOME FUND CLASS A$15,1240.5%$16,8970.6%$1,77311.7%PGIM HIGH YIELD FUND- CLASS Z$14,1380.5%$13,5650.5%($573)-4.1%COHEN & STEERS INSTITUTIONAL REALTY SHARES$20,8360.7%$10,6480.4%($10,188) -48.9%TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$7,1140.2%$10,2580.4%$3,14544.2%AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$00.0%$10,2560.4%$10,256n/aCOHEN & STEERS REALTY SHARES FUND CLASS L$00.0%$9,8780.3%$9,878n/aAMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-6$16,7320.6%$9,7480.3%($6,984) -41.7%GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$2,7550.1%$8,9930.3%$6,237226.4%COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$7,3050.3%$7,8810.3%$5767.9%TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$7,1740.2%$6,0900.2%($1,084) -15.1%PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$8,6090.3%$5,7710.2%($2,838) -33.0%TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$6,2010.2%$5,6860.2%($516)-8.3%COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$00.0%$5,0660.2%$5,066n/aINVESCO OPPENHEIMER SENIOR FLOATING RATE FUND CLASS Y$10,5930.4%$5,0440.2%($5,549) -52.4%DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$8970.0%$3,4400.1%$2,543283.3%BNY MELLON NATURAL RESOURCES FUND CLASS I$3,3940.1%$2,5480.1%($845) -24.9%VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$00.0%$270.0%$27n/aVANGUARD INTERNATIONAL EXPLORER FUND INVESTOR SHARES$7,4150.3%$00.0%($7,415) -100.0%PIMCO REAL RETURN FUND CLASS A$1,9900.1%$00.0%($1,990) -100.0%Total Assets Contributed$2,938,048100.0%$2,867,754100.0%($70,294)-2.4%Contributions by FundOakland County 457(b) Deferred Compensation PlanPlan Summary47 INVESTMENT OPTIONSINOUTNETLARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$8,469,368 ($148,421) $8,320,947GUARANTEED INCOME FUND$7,248,163 ($2,009,647) $5,238,517BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$4,119,733 ($158,596) $3,961,137COHEN & STEERS REALTY SHARES FUND CLASS L$2,494,267 ($100,895) $2,393,372AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$1,377,291($57,260) $1,320,031COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$1,382,091 ($221,328) $1,160,763PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$545,100$0$545,100FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$718,655 ($209,662) $508,993PGIM TOTAL RETURN BOND FUND -CLASS Z$1,102,375 ($693,516) $408,859MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$508,430 ($196,263) $312,167JPMORGAN EQUITY INCOME FUND CLASS R5$555,266 ($319,775) $235,491DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$99,377($16,877)$82,500SELF DIRECTED BROKERAGE ACCOUNT$104,012($49,113)$54,900VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$172,677 ($125,679)$46,999VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$17,265($25)$17,240TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$58,821($42,917)$15,903TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$15,466$0$15,466TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$5,551$0$5,551TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$0($1,179)($1,179)COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$20,599($25,608)($5,009)TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$4,106($12,660)($8,554)GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$3,116($14,926)($11,811)TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$2,801($21,440)($18,639)BNY MELLON NATURAL RESOURCES FUND CLASS I$29,560($66,711)($37,151)FIDELITY EMERGING MARKETS INDEX FUND$122,172 ($163,687)($41,515)PIMCO INCOME FUND CLASS A$143,165 ($194,348)($51,183)FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$94,877 ($149,452)($54,575)TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$94,789 ($161,949)($67,159)FIDELITY INTERNATIONAL INDEX FUND$5,280 ($106,930) ($101,650)TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$0 ($104,926) ($104,926)TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$306,618($414,039) ($107,421)TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$57,803 ($275,139) ($217,336)EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$104,351 ($377,678) ($273,327)TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$108,542($383,227) ($274,685)PGIM HIGH YIELD FUND- CLASS Z$71,720 ($393,041) ($321,321)FIDELITY MID CAP INDEX FUND$3,823 ($368,010) ($364,187)AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$42,528 ($411,626) ($369,098)FIDELITY SMALL CAP INDEX FUND$83,198 ($487,564) ($404,366)TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$0 ($417,299) ($417,299)FIDELITY PURITAN FUND$135,213 ($736,179) ($600,965)FIDELITY 500 INDEX FUND$922,585 ($1,961,952) ($1,039,367)T. ROWE PRICE NEW HORIZONS FUND$264,922 ($1,319,330) ($1,054,408)INVESCO OPPENHEIMER SENIOR FLOATING RATE FUND CLASS Y$7,641 ($1,252,155) ($1,244,514)AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-6$12,178 ($1,362,922) ($1,350,744)FIDELITY GROWTH COMPANY$863,483 ($2,315,624) ($1,452,141)COHEN & STEERS INSTITUTIONAL REALTY SHARES$11,360 ($2,545,361) ($2,534,001)BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I$105,818 ($3,946,702) ($3,840,885)FIDELITY CONTRAFUND FUND$145,238 ($8,419,757) ($8,274,519)TOTAL$32,761,393 ($32,761,393)$01/1/2020 to 3/31/2020For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Plan SummaryOakland County 457(b) Deferred Compensation PlanInterfund Transfers48 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Participant Distribution StatisticsOakland County 457(b) Deferred Compensation PlanPlan SummaryTotalAmount of Withdrawals Taken10/1/2019 - 1/1/2020 -10/1/2019 - 1/1/2020 -Distribution Type12/31/2019 3/31/2020 Change % Change 12/31/2019 3/31/2020 Change % ChangeTermination$2,426,846 $2,613,557 $186,7118%8574(11)-13%Death Distribution$507,533 $896,302 $388,76877%1810(8)-44%Installment Payment$307,574 $314,936 $7,3622%14214754%Required Minimum Distribution$469,374 $116,417 ($352,957)-75%698(61)-88%In-Service Withdraw al-$316 $72,607 $72,923 -23111%1100%Hardship Withdrawal$5,766$0 ($5,766)-100%20(2)-100%Gross Adjustment$30$0($30)-100%10(1)-100%Grand Total$3,716,809 $4,013,820 $297,0118%318240(78)-25%# of WithdrawalsHardship Withdraw al - A distribution which is requested by a participant because of an immediate and heavy financial need that cannot be satisfied from other resources.Gross Adjustment - The total of all adjustments made to an account or plan in absolute terms, regardless of whether or not the adjustments were positive or negative. Termination - A withdraw al that is taken when the participant is active and terminating from employment or is already in a 'Terminated' status.Death Distribution - Distribution taken by a beneficiary. This could include required minimum distributions, installment payments, etc.Installment Payment - An Installment distribution is a payment option that disburses funds over time (i.e. monthly, quarterly, yearly).Required Minimum Distribution - Minimum amounts that a participant must withdraw annually upon reaching a certain age or retirement. This would exclude any beneficiary or QDRO accounts.In-Service Withdrawal - A distribution that is taken while the participant is still active, before termination from employment.Distribution Sub-TypeAge < 50 Age >= 50 TotalAge < 50 Age >= 50 TotalRollover$5,309 $2,446,273 $2,451,5824913Cash$53,229 $1,509,008 $1,562,2379218227Grand Total$58,538 $3,955,282 $4,013,82013227240Amount of Withdrawals Taken# of Withdrawals1/1/2020 - 3/31/202049 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Rollover Distribution StatisticsOakland County 457(b) Deferred Compensation PlanPlan SummaryRollover InstitutionRolloevr Distribution Amount# of Ppts Rollover InstitutionRolloevr Distribution Amount# of Ppts Rollover InstitutionRolloevr Distribution Amount# of Ppts Rollover InstitutionRolloevr Distribution Amount# of PptsTD Ameritrade $653,919 4 Merrill Lynch $1,188,493 2 Fidelity $806,315 2Fidelity $1,608,544 4Fifth Third Bank $580,746 1 Fidelity $739,584 5 TD Ameritrade $498,3052 RBC Capital Markets $532,779 1Pershing $106,587 1 NFS $435,136 1 JP Morgan $244,654 4 Allianz $136,307 1VantagePoint Trnsfr $38,305 3 Molloy Financial $364,321 1 Pershing $205,306 1 Prudential $104,235 2Thrivent Financial $24,427 1 Morgan Stanley $314,996 2 RBC Capital Markets$124,558 1 Ameriprise$52,779 1Raymond James $19,639 1 Jackson National$169,648 1 Prudential$92,8741 TIAA$14,215 2Edw ard Jones$12,102 1 Equity Trust Co$149,038 1 Russell Family Solo 401k Plan $76,761 1 E Trade$1,538 1Morgan Stanley$8,092 1 Prudential$147,666 1 Voya$27,104 1 Merrill Lynch$1,185 1AEIS$4,394 1 LPL$127,611 2 Charles Schwab$18,567 1 Total$2,451,582 13USAA$2,119 1 Pershing$95,003 1 NFS$14,365 1Ameriprise$1,331 1 Raymond James$41,961 1 Total$2,108,809 15LPL$150 1 Charles Schw ab$29,290 1Total$1,451,812 17 PNC Bank$17,819 1AXA$15,471 1VantagePoint Trnsfr$14,657 2Flagstar Bank$733 1Walled Lake School EFCU $500 1Total$3,851,925 2510/1/2019 -12/31/20191/1/2020 -3/31/20204/1/2019 - 6/30/20197/1/2019 - 9/30/201950 Loan ActivityFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryLoan Utilization By Participant Age*Includes all participant statuses with balance > $0. <25 25-34 35-44 45-54 55-64 65+ OverallParticipants*43 518 651 988 813 414 3,427w/Loan0 10418768162220.0%1.9%6.3%8.8%8.4%3.9%6.5%% of Participants With Withdrawal ActivityAs of 3/31/20201/1/2020 - 3/31/2020Average loan balance is $7,2410.4% initiated a new loanPrudential Book of Business Average is $7,754 as of 12/31/20196.5% of participants have outstanding active loans0.0% initiated In-Service Withdrawal13.6% Prudential Book of Business Average as of 12/31/201926.6% of participants with loans that have multiple loans28.6% Prudential Book of Business Average as of 12/31/201951 Participant Loan StatisticsFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers. Amount of Loans Taken # of Active LoansLoan Initiations10/1/2019-12/31/20191/1/2020-3/31/2020Change % Changeas of 12/31/2019as of 3/31/2020Change % ChangeGeneral Purpose$234,825 $122,432 ($112,393)(48%) 24724810%Residential$0$0$00%3433(1) (3%)Grand Total$234,825 $122,432 ($112,393)(48%) 28128100%10/1/2019-12/31/20191/1/2020-3/31/2020# of Outstanding Active Loans 281 281# of New Loans 19 13Average Loan Balance $7,507 $7,241Total Outstanding Loan Balance $2,109,467 $2,034,602Oakland County 457(b) Deferred Compensation PlanPlan Summary# of Oustanding Active LoansParticipant Count1 163259Total222As of 3/31/202052 Participant Transaction StatisticsFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryDefinitions:Unique Callers – The number of individuals that spoke to a Participant Service Center Representative during the reporting period (e.g., If thesame individual called five times during the reporting period, they would only be counted once). Total Call Volume – The number of calls to a Participant Service Center Representative during the reporting period (e.g., If the same individual called five times during the reporting period, they would be counted five times). 7/1/2019 - 9/30/201910/1/2019 - 12/31/20191/1/2020 - 3/31/2020Call CenterUnique Callers204198204Total Call Volume324316305Participant WebsiteUnique Web Logins1,9542,0362,117Total Web Logins26,430 29,712 35,058Call Center Reason Category7/1/2019 - 9/30/201910/1/2019 - 12/31/20191/1/2020 - 3/31/2020Account Explanations517773Allocation Changes & Exchange578Contributions9136Disbursements148119119Enrollments325Forms010Fund Information222Hardships1261IFX000IVR or Web Assistance335Loans604430Other887Payment Questions000Plan Explanations1310Regen Reg Letter100Status of Research113Tax Information006Website Processing203030Total32431630553 Investment DiversificationOakland County 457(b) Deferred Compensation PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.54 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.0%10%20%30%40%50%60%70%80%90%100%Less than 25 25-34 35-44 45-54 55-64 65+Stable ValueFixed Inc-DomesticFixed Inc-Glbl / InternationalAllocationEquity - U.S. LargeEquity - U.S. Mid/SmallEquity - Glbl / InternationalAlternative / OtherLess than 25 25-34 35-44 45-54 55-64 65+ TotalParticipants Invested in Only One Fund 19 236 235 270 238 128 1,126Average # of Funds per Participant 4.3 5.0 5.1 5.8 5.6 4.4 5.3Prudential Participants Avg. # of Funds per Participant as of 12/31/2019 5.5 5.5 5.5 5.5 5.3 4.2 5.3% of Plan Assets in Stable Value 2.3% 1.9% 3.7% 8.1% 21.5% 21.4% 16.5%Prudential % of Plan Assets in Stable Value as of 12/31/2019 9.0% 8.2% 10.3% 14.8% 25.3% 41.4% 22.1%Assets by Asset Class and Age as of March 31, 2020Oakland County 457(b) Deferred Compensation PlanPlan SummaryFund Utilization By Age as of March 31, 2020Asset AllocationAsset ClassYour Plan Assets as of 3/31/2020 Your Plan % as of 3/31/2020Stable Value $42,610,222 16.5%Fixed Inc-Domestic $22,329,341 8.6%Fixed Inc-Glbl / International $3,808,056 1.5%Allocation $57,518,790 22.2%Equity - U.S. Large $83,868,582 32.4%Equity - U.S. Mid/Small $23,082,939 8.9%Equity - Glbl / International $17,259,800 6.7%Alternative / Other $8,458,899 3.3%Total Participant Balances $258,936,631 100.0%55 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.The funds in boldtype denote inclusion in the GoalMaker®product.Oakland County 457(b) Deferred Compensation PlanPlan SummaryUtilization by Fund as of March 31, 2020INVESTMENT OPTIONSBalance % Invested in Fund # of PptsPpts Using as Sole InvestmentGUARANTEED INCOME FUND$42,610,222 16.5% 1,135 133FIDELITY GROWTH COMPANY$41,259,727 15.9% 1,554 39FIDELITY 500 INDEX FUND $25,533,164 9.9% 965 24PGIM TOTAL RETURN BOND FUND -CLASS Z$14,258,722 5.5% 1,010 2FIDELITY PURITAN FUND $12,399,846 4.8% 493 28JPMORGAN EQUITY INCOME FUND CLASS R5$10,334,833 4.0% 1,198 3TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $10,313,525 4.0% 167 72T. ROWE PRICE NEW HORIZONS FUND$9,446,151 3.6% 1,337 24TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $7,123,681 2.8% 139 86MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$6,865,690 2.7% 728 0LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND $6,723,874 2.6% 671 6SELF DIRECTED BROKERAGE ACCOUNT $6,567,787 2.5% 109 7TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $5,411,269 2.1% 199 103AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E $4,803,341 1.9%721 2EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$4,223,021 1.6% 953 2VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$3,841,943 1.5% 1,151 1BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$3,808,056 1.5% 545 0TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $3,782,020 1.5% 158 96TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $3,651,477 1.4% 61 23TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $3,590,162 1.4% 181 114TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $3,569,843 1.4% 71 16FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND $3,522,564 1.4% 2224FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$2,854,665 1.1% 1,112 0FIDELITY EMERGING MARKETS INDEX FUND$2,738,657 1.1% 1,020 0TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $2,149,903 0.8% 74 11FIDELITY SMALL CAP INDEX FUND $1,907,233 0.7% 225 1COHEN & STEERS REALTY SHARES FUND CLASS L $1,782,558 0.7% 172 6PGIM HIGH YIELD FUND- CLASS Z $1,775,074 0.7% 199 0TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $1,679,110 0.6% 146 106FIDELITY INTERNATIONAL INDEX FUND $1,486,468 0.6% 307 1PIMCO INCOME FUND CLASS A $1,420,203 0.5% 87 2PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND $1,387,349 0.5% 23 3AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5 $1,043,397 0.4% 323 1COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS $997,780 0.4% 880TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $902,6420.3% 139 107FIDELITY MID CAP INDEX FUND $809,927 0.3% 124 3COLUMBIA INCOME BUILDER FUND ADVISOR CLASS $709,040 0.3% 72 1TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $613,2990.2% 98 75DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS $354,998 0.1% 38 1GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$322,2460.1%700TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$235,6240.1%3823BNY MELLON NATURAL RESOURCES FUND CLASS I$108,5540.0%550VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$16,9850.0%20Total$258,936,631100.0%56 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryInvestment UtilizationDue to rounding, bar graph may not equal 100%57 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryActive/Suspended Terminated Active/Suspended Terminated Active/Suspended TerminatedLess than 253010901325-3411128170111235-447128290112945-54161634133121855-6419943450513065+54759131Total6116170163619633Active/Suspended Terminated Active/Suspended Terminated Active/Suspended TerminatedLess than 25$1,929$0$1,480$0$16,345$0 $19,75525-34$22,146$796 $100,624$279 $370,154$158 $494,15635-44$9,157 $28,314 $840,949 $2,054 $3,711,454 $61,205 $4,653,13445-54$1,181,886 $272,597 $5,136,838 $127,629 $9,039,513$21 $15,758,48455-64$3,212,481 $1,040,069 $3,921,154 $344,640 $2,980,843 $364,321 $11,863,50865+$535,324 $606,359 $661,616 $774,750 $1,087,166 $148,561 $3,813,776Total$4,962,923 $1,948,134 $10,662,661 $1,249,352 $17,205,475 $574,267 $36,602,812Conservative ModerateAggressiveConservative ModerateAggressiveParticipant Age RangeTotalTotalParticipant Age Rangeaverage contribution rate (%) for active 8.1%GoalMaker participants1.1 Yearsaverage length of time GoalMakerparticipants have been enrolled in GoalMakeractively elected GoalMaker18.5%GoalMaker participation rate for those whoGoalMaker® Participationas of 3/31/20206/30/2019 9/30/2019 12/31/2019 3/31/2020Plan Assets for Participants in GoalMaker $30,465,949 $34,397,845 $39,664,148 $36,602,812# of Participants in GoalMaker 449 534 601 633Participation Rate in GoalMaker 13.7% 16.1% 17.8% 18.5%% of Plan Assets for GoalMaker Participants 10.9% 12.3% 13.3% 14.1%Prudential Book of Business For Plans Offering GoalMaker – As of 12/31/2019The participation rate in GoalMaker is 52.3%.The percentage of plan assets for GoalMaker participants is 21.7%. Percentage of Assets by GoalMaker® Participation Portfolio - As of 3/31/202018.9%32.5%48.6%ConservativeModerateAggressiveDue to rounding, pie chart may not equal 100%58 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryDefault Investor6/30/2019 9/30/2019 12/31/2019 3/31/2020Plan Assets for Participants in GoalMaker $0 $0 $0 $0# of Participants in GoalMaker 0 0 0 0 Participation Rate in GoalMaker0.0% 0.0% 0.0%0.0%% of Plan Assets for GoalMaker Participants0.0% 0.0% 0.0%0.0%Non-Default Investor6/30/2019 9/30/2019 12/31/2019 3/31/2020Plan Assets for Participants In GoalMaker $30,465,949 $34,397,845$39,664,148 $36,602,812# of Participants in GoalMaker 449 534 601 633Participation Rate in GoalMaker 13.7% 16.1% 17.8% 18.5%% of Plan Assets for GoalMaker Participants 10.9% 12.3% 13.3% 14.1%Total6/30/2019 9/30/2019 12/31/2019 3/31/2020Plan Assets for Participants In GoalMaker $30,465,949 $34,397,845$39,664,148 $36,602,812# of Participants in GoalMaker 449 534 601 633Participation Rate in GoalMaker 13.7% 16.1% 17.8% 18.5%% of Plan Assets for GoalMaker Participants 10.9% 12.3% 13.3% 14.1%Percentage of Assets byGoalMaker® Investor -As of 3/31/20200.0%100.0%Default InvestorNon-Default InvestorGoalMaker®Participation – Default vs Non-Default InvestorDue to rounding, pie chart may not equal 100%59 Plan SummaryOakland County 457(b) Deferred Compensation PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Asset ClassLess than 25 25-34 35-44 45-54 55-6465+TotalStable Value$1,893 $58,128 $679,134 $5,477,764 $20,097,050 $16,296,253 $42,610,222Fixed Inc-Domestic$387 $117,233 $846,756 $5,502,908 $10,047,121 $5,814,936 $22,329,341Fixed Inc-Glbl / International$157 $8,548 $99,205 $1,155,097 $1,851,664 $693,385 $3,808,056Allocation$28,726 $1,070,211 $4,059,952 $13,032,533 $21,366,258 $17,961,110 $57,518,790Equity - U.S. Large$14,490 $942,402 $6,217,695 $24,322,701 $24,516,856 $27,854,437 $83,868,582Equity - U.S. Mid/Small$28,301 $454,141 $3,210,833 $7,829,553 $7,678,201 $3,881,911 $23,082,939Equity - Glbl / International$7,731 $372,356 $2,576,339 $6,800,689$5,053,404 $2,449,281 $17,259,800Alternative / Other$27 $12,582 $754,758 $3,697,982 $2,664,054 $1,329,496 $8,458,899Total Assets$81,713 $3,035,601 $18,444,672 $67,819,227 $93,274,608 $76,280,809 $258,936,631% of Assets0.0%1.2%7.1% 26.2% 36.0% 29.5% 100.0% Active Participants41476581862544109 2,613 Terminated Participants23962115234268720 Suspended Participants0012126 Other Participants*0379343588Total Participants**43518651988813414 3,427Avg Account Balance$1,900 $5,860 $28,333 $68,643 $114,729 $184,253 $75,558*Participant(s) who are not active, terminated or suspended, but have an account balance greater than $0 (e.g. break-in-service, rehire, etc.).**Total column for participant count is a sum of participants across each age group. E.g. If a participant has both a main account and beneficiary account within different age groups (decedent's date of birth), that participant will be counted twice.Asset Allocation by Age Group as of March 31, 202060 Plan SummaryOakland County 457(b) Deferred Compensation PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.INVESTMENT OPTIONSLess than 25 25-3435-4445-5455-6465+TotalGUARANTEED INCOME FUND$1,893 $58,128 $679,134 $5,477,764 $20,097,050 $16,296,253 $42,610,222FIDELITY GROWTH COMPANY$8,150 $283,782 $2,858,091 $11,772,768 $11,729,940 $14,606,997 $41,259,727FIDELITY 500 INDEX FUND$138 $381,169 $1,392,385 $7,189,095 $7,629,800 $8,940,577 $25,533,164FIDELITY CONTRAFUND FUND$0$0$0$0$0$0$0PGIM TOTAL RETURN BOND FUND -CLASS Z$387 $78,248 $432,625 $3,738,330 $6,570,550 $3,438,582 $14,258,722FIDELITY PURITAN FUND$200$6,941 $470,332 $2,424,255 $4,346,581 $5,151,536 $12,399,846BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I$0$0$0$0$0$0$0JPMORGAN EQUITY INCOME FUND CLASS R5$3,883 $202,341 $1,507,126 $3,600,500 $3,211,532 $1,809,450 $10,334,833TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$104$3,347 $48,838 $1,571,266 $4,993,875 $3,696,095 $10,313,525T. ROWE PRICE NEW HORIZONS FUND$24,937 $222,911 $1,351,218 $2,899,738 $3,678,209 $1,269,139 $9,446,151COHEN & STEERS INSTITUTIONAL REALTY SHARES$0$0$0$0$0$0$0TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$0$0 $60,310 $707,371 $5,246,412 $1,109,589 $7,123,681MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$5,200 $133,691 $1,339,343 $3,250,285 $1,646,395 $490,778 $6,865,690LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$2,319 $75,111 $451,353 $1,760,338 $1,937,341 $2,497,414 $6,723,874SELF DIRECTED BROKERAGE ACCOUNT$0$6,464 $559,364 $2,945,758 $1,914,762 $1,141,439 $6,567,787TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$0$1,879$221,046 $3,336,478 $1,600,363 $251,502 $5,411,269AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$133 $96,097 $379,215 $1,514,520 $1,537,064 $1,276,313 $4,803,341EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$1,176 $48,254 $533,015 $1,600,023 $1,338,573 $701,980 $4,223,021AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-6$0$0$0$0$0$0$0VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$1,060 $79,974 $493,588 $1,391,492 $1,008,931 $866,897 $3,841,943BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$157$8,548 $99,205 $1,155,097 $1,851,664 $693,385 $3,808,056TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$0 $16,918 $515,115 $2,274,752 $861,806 $113,430 $3,782,020TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$0$0$0$9,460 $1,427,155 $2,214,862 $3,651,477TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$0 $30,135 $1,170,114 $1,717,596 $463,703 $208,614 $3,590,162TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$0$4,611$22,958 $186,250 $746,637 $2,609,387 $3,569,843FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$0 $23,989 $208,823$529,431 $1,658,114 $1,102,208 $3,522,564INVESCO OPPENHEIMER SENIOR FLOATING RATE FUND CLASS Y$0$0$0$0$0$0$0FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$1,128 $51,651 $457,986 $1,206,207 $753,682 $384,010 $2,854,665FIDELITY EMERGING MARKETS INDEX FUND$1,856 $87,088 $536,088 $1,264,321 $682,490 $166,815 $2,738,657TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$0$1,412 $18,927 $118,159 $394,954 $1,616,451 $2,149,903FIDELITY SMALL CAP INDEX FUND$0 $37,024 $243,231 $523,708 $596,365 $506,905 $1,907,233COHEN & STEERS REALTY SHARES FUND CLASS L$27$5,770 $179,237 $716,314 $704,416 $176,794 $1,782,558PGIM HIGH YIELD FUND- CLASS Z$0$4,997 $46,551 $387,760 $703,991 $631,775 $1,775,074TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$5,026 $210,263 $1,135,436 $315,910$7,733$4,741 $1,679,110FIDELITY INTERNATIONAL INDEX FUND$6 $10,466 $169,343 $374,595 $513,163 $418,895 $1,486,468PIMCO INCOME FUND CLASS A$0$4,500 $135,989 $544,985 $589,624 $145,105 $1,420,203PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$0$1,728$1,896 $172,925 $394,938 $815,862 $1,387,349AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$536 $44,076 $120,485 $317,933 $511,186 $49,181 $1,043,397COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$0$5,011 $16,057 $98,063 $405,570 $473,080 $997,780TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$3,959 $363,198 $364,888 $46,357 $124,239$2 $902,642FIDELITY MID CAP INDEX FUND$0 $14,326 $131,795 $208,383 $302,441 $152,982 $809,927COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$0$0 $15,836 $123,677 $400,487 $169,039 $709,040TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$2,806 $361,783$8,979$6,563 $233,169$0 $613,299DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$0$488$6,711 $204,340 $119,273 $24,186 $354,998GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$0$939 $31,866 $79,035 $163,107 $47,300 $322,246TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$16,631 $67,996$5,278 $21,513 $124,206$0 $235,624BNY MELLON NATURAL RESOURCES FUND CLASS I$0$347 $16,157 $35,910 $44,876 $11,263 $108,554VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$0$0$8,741$0$8,244$0 $16,985Total Assets$81,713 $3,035,601 $18,444,672 $67,819,227 $93,274,608 $76,280,809 $258,936,631% of Assets0.0%1.2%7.1%26.2%36.0%29.5% 100.0%Total Participants435186519888134143,427Avg. Account Balance$1,900$5,860 $28,333 $68,643 $114,729 $184,253 $75,558Fund Allocation by Age Group as of March 31, 202061 INVESTMENT OPTIONSLess than 25 25-3435-4445-5455-6465+TotalGUARANTEED INCOME FUND7851282953962241,135FIDELITY GROWTH COMPANY201752625273961751,555FIDELITY 500 INDEX FUND2108148318243147966FIDELITY CONTRAFUND FUND0000000PGIM TOTAL RETURN BOND FUND -CLASS Z71421533122901071,011FIDELITY PURITAN FUND1954155163113495BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I0000000JPMORGAN EQUITY INCOME FUND CLASS R519204246379269821,199TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS117327155167T. ROWE PRICE NEW HORIZONS FUND20227272429303871,338COHEN & STEERS INSTITUTIONAL REALTY SHARES0000000TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS005259415139MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R31312214425016138728LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND511213120215467671SELF DIRECTED BROKERAGE ACCOUNT0220393315109TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS01181036512199AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E310814022516977722EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A1313019232522965954AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-60000000VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A16209230356260811,152BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A4506819417950545TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS062811582159TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS0003243461TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS06957091181TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS0157154371FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND01522637745222INVESCO OPPENHEIMER SENIOR FLOATING RATE FUND CLASS Y0000000FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I16197230366236681,113FIDELITY EMERGING MARKETS INDEX FUND14203215336206461,020TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS02813213074FIDELITY SMALL CAP INDEX FUND03039716322225COHEN & STEERS REALTY SHARES FUND CLASS L11733584914172PGIM HIGH YIELD FUND- CLASS Z01627686523199TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS33399632146FIDELITY INTERNATIONAL INDEX FUND17171805628307PIMCO INCOME FUND CLASS A05153527587PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND04482523AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-53817398617323COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS04822371889TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS48341551139FIDELITY MID CAP INDEX FUND01222423810124COLUMBIA INCOME BUILDER FUND ADVISOR CLASS001119321072TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS288233098DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS0331415338GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS 0 4152321 770TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS824321038BNY MELLON NATURAL RESOURCES FUND CLASS I04102015655VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL0010102Total Participants435186519888134143,427Average # of Funds Per Participant4.35.05.15.85.64.45.3Plan SummaryOakland County 457(b) Deferred Compensation PlanParticipant Count by Fund by Age Group as of March 31, 2020For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.62 63Oakland County 457(b) Deferred Compensation PlanPlan SummaryFor Plan Sponsor or Consultant Use OnlyAssets and contributions reflect actual participant account balances and do not include outstanding loan balances, forfeitures, and / or expense account assets.Customer should promptly report any inaccuracy or discrepancy to the brokerage firm(s).All oral communications should be re-confirmed in writing to protect the customer’s legal rights, including rights under the Securities Investor Protection act (SIPA).This information should not be considered an offer or solicitation of securities, insurance products or services. No offer is intended nor should this material be construed as an offer of any product. The information is being presented by us solely in our role as the plan’s service provider and or record keeper. Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company, Hartford, CT, or its affiliates.© 2020 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol and Bring Your Challenges are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.Prudential’s Book of Business averages are as of 12/31/2019.63 Section III:Oakland County 457(b) PTNE PlanPlan Summary – 940090Oakland County 457(b) PTNE PlanFor Plan Sponsor or Consultant Use Only 64 Plan SummaryOakland County 457(b) PTNE PlanFor Plan Sponsor or Consultant Use Only 65 Oakland County 457(b) PTNE PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Plan SummaryPlan Demographics Summary12/31/2019 10/1/201910/1/2019-12/31/20191/1/2020-3/31/2020Total Participants* 2,796 2,785 Active Participants 1,832 1,764 Terminated Participants 902 960 Other Participants** 62 61Average Participant Balance $3,922 $3,468 Average Account Balance for Active Participants $4,307 $3,945Median Participant Balance $1,816 $1,496 Median Participant Balance for Active Participants $1,692 $1,534Participants Age 50 and Over 1,005 1,006 Total Assets for Participants Age 50 and Over $6,836,920 $6,283,711Total Contributions $311,257 $226,138 Employee Contributions $257,306 $186,940 Employer Contributions $53,951 $39,198Total Distributions ($211,203) ($188,063)Percentage of Assets Distributed 1.9% 1.9%Market Value Gain / Loss**** $540,997 ($1,345,868)Total Participant Balances $10,965,303 $9,657,510****This is not the equivalent of a plan level return on investment due to the timing of additions, distributions and underlying investment performance. *Participant(s) with an account balance greater than $0. **Participant(s) who are not active, terminated or suspended, but have an account balance greater than $0 (e.g. break-in-service, rehire, etc.). 66 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) PTNE PlanPlan SummaryPlan FeaturesStable Value12/31/2019 3/31/2020Participation Rate in Stable Value1.2%1.3%% of Plan Assets in Stable Value2.9%3.8%Prudential % of Plan Assets in Stable Value - As of 12/31/201922.1%Participant Activity Call Center10/1/2019 - 12/31/20191/1/2020 - 3/31/2020Total Call Volume189 125Transaction SummaryTransactions10/1/2019 - 12/31/20191/1/2020 - 3/31/2020Total Enrollees*7035Number of Participants with Transfers412Distributions11677*Number of participants that w ere enrolled into the plan w ithin the reporting period. This can include those individuals w ho self enrolled or auto enrolled, if applicable on the plan. Rehires may not be included if their original enrollment date falls outside the reporting period.67 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) PTNE PlanPlan SummaryAsset Allocation/Net Activity By AgeJanuary 1, 2020 to March 31, 2020Less than 25 25-3435-4445-5455-6465+TotalTotal Participant Balances$592,122 $1,185,830 $977,702 $1,259,027 $2,153,605 $3,489,224 $9,657,510% Assets6.1%12.3%10.1%13.0%22.3%36.1%100.0% Contributions$29,131 $19,663 $20,303 $32,960 $63,649 $60,432 $226,138Total (Contributions + Rollovers In)$29,131 $19,663 $20,303 $32,960 $63,649 $60,432 $226,138 Cash Distributions($4,304) ($23,753) ($9,321) ($10,439) ($25,718) ($29,288) ($102,825) Rollovers Out($7,858) ($21,817) ($20,812)($511) ($1,021) ($33,219) ($85,238)Total (Cash Distributions + Rollovers Out)($12,162) ($45,570) ($30,134) ($10,950) ($26,740) ($62,507) ($188,063)Net Activity$16,969 ($25,907) ($9,830) $22,010 $36,909 ($2,075) $38,075Total Participants8685382462694234412,785Average Account Balance$682$2,204$3,974$4,680$5,091$7,912$3,468Prudential Avg. Account Balance as of 12/31/2019$3,645 $16,118 $46,246 $89,262 $123,641 $125,460$73,876Median Account Balance$381$1,653$2,392$2,179$3,149$5,921$1,496Prudential Median Account Balance as of 12/31/2019$4,531 $11,969 $31,729 $52,216 $78,108 $116,384$70,89568 Retirement ReadinessOakland County 457(b) PTNE PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.69 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) PTNE PlanPlan SummaryRetirement Income Calculator (RIC) AnalysisTotal Retirement Income Calculator Completions - Number of RIC completions for the given time period. If a single participant completed the RIC multiple times within the given time period, they would be counted multiple times.Unique Completions: Total number of unique active/eligibles that completed the retirement income calculator during the reporting periodAverage Balance RIC Participant - For participants who have a balance greater than $0 that have previously completed the RIC - The total balance of active participants divided by the total count of active participantsAverage Balance Non-RIC Participant - For participants who have a balance greater than $0 that have NOT previously completed the RIC - The total balance of active participants divided by the total count of active participantsAverage Income Replacement, RIC Participant - Calculated by summing the income replacement percentages of all active, eligible & suspended participants who have completed the RIC divided by the total count of all those active, eligible & suspended participants that have completed the RIC. Individuals not enrolled in the plan are excluded from the calculation.Participant - An individual who has enrolled in the plan and has a non-zero account balance.Total Retirement Income Calculator Completions24Unique Completions23Average Balance, RIC Participant$5,761Average Balance, Non-RIC Participant$3,775Total Count of Participants with a RIC Gap55Average RIC Gap $4,349Total Count of Participants with a RIC Surplus34Average RIC Surplus $4,149Average Income Replacement, RIC Participant81%Since Inception for Currently Active Participants as of 3/31/20201/1/2020 - 3/31/202070 Plan ActivityOakland County 457(b) PTNE PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.71 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.INVESTMENT OPTIONS10/1/2019 - 12/31/2019 % 1/1/2020 - 3/31/2020%Change%TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$50,10116.1%$33,78114.9%($16,321) -32.6%TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$41,37413.3%$32,98014.6%($8,394) -20.3%TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$36,40811.7%$28,64112.7%($7,768) -21.3%TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$38,31712.3%$24,78311.0%($13,534) -35.3%TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$26,9468.7%$20,5999.1%($6,346) -23.6%TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$21,7827.0%$17,0047.5%($4,778) -21.9%TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$24,7348.0%$16,3967.3%($8,338) -33.7%TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$18,6496.0%$13,9866.2%($4,664) -25.0%TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$15,8755.1%$11,3435.0%($4,532) -28.5%TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$14,4994.7%$11,0394.9%($3,460) -23.9%TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$9,9053.2%$7,5553.3%($2,350) -23.7%TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$7,1972.3%$5,0302.2%($2,168) -30.1%GUARANTEED INCOME FUND$5,4691.8%$3,0021.3%($2,467) -45.1%Total Assets Contributed$311,257100.0%$226,138100.0%($85,119) -27.3%Contributions by FundOakland County 457(b) PTNE PlanPlan Summary72 INVESTMENT OPTIONSINOUTNETGUARANTEED INCOME FUND$63,908$0$63,908TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$18,533($1,123)$17,410TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$3,890($1,297)$2,593TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$5,370($3,878)$1,491TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$1,848($2,395)($547)TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$0($1,627)($1,627)TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$0($3,653)($3,653)TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$3,261($7,813)($4,552)TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$0($5,894)($5,894)TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$1,156($7,304)($6,148)TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$0($12,828)($12,828)TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$0($16,102)($16,102)TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$0($34,050)($34,050)TOTAL$97,965($97,965)$01/1/2020 to 3/31/2020For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Plan SummaryOakland County 457(b) PTNE PlanInterfund Transfers73 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Participant Distribution StatisticsOakland County 457(b) PTNE PlanPlan SummaryTotalAmount of Withdrawals Taken10/1/2019 - 1/1/2020 -10/1/2019 - 1/1/2020 -Distribution Type12/31/2019 3/31/2020 Change % Change 12/31/2019 3/31/2020 Change % ChangeTermination$167,834 $161,489 ($6,345)-4%7866(12)-15%Direct Transfer$30,794$3,791 ($27,003)-88%62(4)-67%Death Distribution$0 $19,752 $19,752n/a022n/aRequired Minimum Distribution$11,075$1,531 ($9,544)-86%294(25)-86%Installment Payment$1,500$1,500$00%3300%Grand Total$211,203 $188,063 ($23,141)-11%11677(39)-34%# of WithdrawalsTermination - A withdraw al that is taken when the participant is active and terminating from employment or is already in a 'Terminated' status.Direct Transfer - Non-taxable transfer of participant assets from one type of tax-deferred retirement plan or account to another.Death Distribution - Distribution taken by a beneficiary. This could include required minimum distributions, installment payments, etc.Required Minimum Distribution - Minimum amounts that a participant must withdraw annually upon reaching a certain age or retirement. This would exclude any beneficiary or QDRO accounts.Installment Payment - An Installment distribution is a payment option that disburses funds over time (i.e. monthly, quarterly, yearly).Distribution Sub-TypeAge < 50 Age >= 50 TotalAge < 50 Age >= 50 TotalRollover$50,488 $34,751 $85,23816622Cash$37,378 $65,446 $102,825312455Grand Total$87,866 $100,197 $188,063473077Amount of Withdrawals Taken# of Withdrawals1/1/2020 - 3/31/202074 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Rollover Distributions StatisticsOakland County 457(b) PTNE PlanPlan SummaryRollover InstitutionRollover Distribution Amount# of Ppts Rollover InstitutionRollover Distribution Amount# of Ppts Rollover InstitutionRollover Distribution Amount# of Ppts Rollover InstitutionRollover Distribution Amount# of PptsPershing $2,188,875 4 Direct Transfer to 940080 $27,737 6 Fidelity $31,573 3 Fifth Third Bank$18,594 1Wells Fargo$696,636 1 ETC Custodian$17,352 1 Direct Transfer to 940080 $30,794 6 Prudential$12,401 2TD Ameritrade$490,702 2 TD Ameritrade$16,840 1 PNC Investments$16,748 2 Charles Schwab$12,231 2LPL$344,086 2 National Financial Services $8,546 1 Merrill Lynch$10,584 1 TD Ameritrade$6,768 2Sweet Escape Ventures $312,207 1 Merrill Lynch$7,151 1 Prudential$8,663 2 State of Michigan 401k Plan $5,845 2VantagePoint Trnsfr$150,632 3 Wells Fargo$7,045 1 Community Financial CU $7,051 1 Fidelity$4,987 2Thrivent Financial$147,399 1 First Clearing $5,850 1 JP Morgan$4,979 1 Athene$4,427 1Flagstar Bank$139,021 1 Edward Jones$5,706 2 Morgan Stanley$3,143 1 Thrift Savings Plan$3,873 1State of Michigan 401k Plan $83,411 1 Transamerica$3,522 1 Genesys CU$3,104 1 Direct Transfer to 940080 $3,791 2Edward Jones$76,511 3 Vanguard$3,038 2 Great West$2,342 1 Merrill Lynch$3,469 2Nationwide$40,998 2 JP Morgan$2,482 1 Thrift Savings Plan$2,106 1 Principal$3,244 1Morgan Stanley$22,024 1 Fidelity$2,303 2 Charles Schwab$1,360 1 USAA$2,957 1Raymond James$10,942 1 LPL$2,202 1 First Bank$591 1 Edward Jones$1,8091Fifth Third Bank$8,236 1 Morgan Stanley$1,896 1 Pershing$484 1 Raymond James$511 1Vanguard$7,925 1 Charles Schwab$1,602 1 Verde Capital Mgmt$44 1 Vanguard$332 1Thrift Savings Plan$3,110 1 Genesys CU$1,548 1 Total$123,568 24 Total$85,238 22Ameriprise$2,785 2 Citizens Bank$1,046 1NFS$2,557 1 Cimbas Partners Plan$556 1Ascensus Trust$1,491 1 Total$116,422 26USAA$1,305 1Chemical Bank$1,190 1Merrill Lynch$500 1Charles Schwab$273 1Total$4,732,816 3410/1/2019 - 12/31/20191/1/2020 - 3/31/20204/1/2019 - 6/30/20197/1/2019 - 9/30/201975 Participant Transaction StatisticsFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) PTNE PlanPlan SummaryDefinitions:Unique Callers – The number of individuals that spoke to a Participant Service Center Representative during the reporting period (e.g., If thesame individual called five times during the reporting period, they would only be counted once). Total Call Volume – The number of calls to a Participant Service Center Representative during the reporting period (e.g., If the same individual called five times during the reporting period, they would be counted five times). 7/1/2019 - 9/30/201910/1/2019 - 12/31/20191/1/2020 - 3/31/2020Call CenterUnique Callers13112697Total Call Volume184189125Participant WebsiteUnique Web Logins466461532Total Web Logins4,0494,6715,397Call Center Reason Category7/1/2019 - 9/30/201910/1/2019 - 12/31/20191/1/2020 - 3/31/2020Account Explanations383722Allocation Changes & Exchange001Contributions331Disbursements11412384Enrollments201Forms000Fund Information000Hardships200IFX010IVR or Web Assistance140Loans333Other962Payment Questions000Plan Explanations013Regen Reg Letter000Status of Research002Tax Information004Website Processing12112Total18418912576 Investment DiversificationOakland County 457(b) PTNE PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.77 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.0%10%20%30%40%50%60%70%80%90%100%Less than 25 25-34 35-44 45-54 55-64 65+Stable ValueAllocationLess than 25 25-34 35-44 45-54 55-64 65+ TotalParticipants Invested in Only One Fund 626 369 158 159 184 168 1,664Average # of Funds per Participant 1.3 1.4 1.4 1.4 1.6 1.6 1.4Prudential Participants Avg. # of Funds per Participant as of 12/31/2019 5.5 5.5 5.5 5.5 5.3 4.2 5.3% of Plan Assets in Stable Value 0.0% 0.2% 1.5% 0.6% 8.4% 4.6% 3.8%Prudential % of Plan Assets in Stable Value as of 12/31/2019 9.0% 8.2% 10.3% 14.8% 25.3% 41.4% 22.1%Assets by Asset Class and Age as of March 31, 2020Oakland County 457(b) PTNE PlanPlan SummaryFund Utilization By Age as of March 31, 2020Asset AllocationAsset ClassYour Plan Assets as of 3/31/2020 Your Plan % as of 3/31/2020Stable Value $366,422 3.8%Allocation $9,291,088 96.2%Total Participant Balances $9,657,510 100.0%78 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) PTNE PlanPlan SummaryUtilization by Fundas of March 31, 2020INVESTMENT OPTIONSBalance % Invested in Fund # of PptsPpts Using as Sole InvestmentTIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $1,698,847 17.6% 271 95TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $1,250,860 13.0% 297 51TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $946,9279.8% 265 101TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $899,8719.3% 301 55TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $875,7009.1% 302 71TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $838,0398.7% 394 193TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $590,8536.1% 196 89TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $589,8326.1% 217 101TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $584,9786.1% 216 108TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $424,9454.4% 321 100TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $391,5424.1% 850 595GUARANTEED INCOME FUND $366,422 3.8% 37 18TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $198,6942.1% 295 87Total$9,657,510 100.0%79 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) PTNE PlanPlan SummaryInvestment UtilizationDue to rounding, bar graph may not equal 100%80 Plan SummaryOakland County 457(b) PTNE PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Asset ClassLess than 25 25-34 35-44 45-54 55-6465+TotalStable Value$0 $2,379 $14,785 $7,500 $181,557 $160,201 $366,422Allocation$592,122 $1,183,451 $962,918 $1,251,527 $1,972,047 $3,329,023 $9,291,088Total Assets$592,122 $1,185,830 $977,703 $1,259,027 $2,153,605 $3,489,224 $9,657,510% of Assets6.1% 12.3% 10.1% 13.0% 22.3% 36.1% 100.0% Active Participants521 219 149 187 341 347 1,764 Terminated Participants336 301 84 72 74 93 960 Other Participants*11 18 13 10 8 1 61 Total Participants868538246269423441 2,785Avg Account Balance$682 $2,204 $3,974 $4,680 $5,091 $7,912 $3,468*Participant(s) who are not active, terminated or suspended, but have an account balance greater than $0 (e.g. break-in-service, rehire, etc.).Asset Allocation by Age Group as of March 31, 202081 Plan SummaryOakland County 457(b) PTNE PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.INVESTMENT OPTIONSLess than 25 25-3435-4445-5455-6465+TotalTIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$5,475$3,414$145$809 $40,489 $1,648,515 $1,698,847TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$0$315$2,394$445 $393,053 $854,654 $1,250,860TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$0$330$0 $526,791 $329,166 $90,639 $946,927TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$0$320$0$0 $588,991 $310,561 $899,871TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$0$326$0 $216,174 $450,597 $208,604 $875,700TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$14,701 $631,018 $102,242$703 $21,068 $68,307 $838,039TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$0$9,918 $404,356 $136,181 $11,956 $28,442 $590,853TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$0$334 $167,043 $270,395 $96,531 $55,529 $589,832TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$69$185,162 $263,831 $79,289 $19,228 $37,399 $584,978TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$144,153 $226,021 $22,907$5,040$3,379 $23,445 $424,945TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$338,503 $36,817$0 $15,700$521$0 $391,542GUARANTEED INCOME FUND$0$2,379 $14,785$7,500 $181,557 $160,201 $366,422TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$89,220 $89,478$0$0 $17,069$2,928 $198,694Total Assets$592,122 $1,185,830 $977,702 $1,259,027 $2,153,605 $3,489,224 $9,657,510% of Assets6.1%12.3%10.1%13.0%22.3%36.1% 100.0%Total Participants8685382462694234412,785Avg. Account Balance$682$2,204$3,974$4,680$5,091$7,912$3,468Fund Allocation by Age Group as of March 31, 202082 INVESTMENT OPTIONSLess than 25 25-3435-4445-5455-6465+TotalTIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS 2510125228271TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS011183211297TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS0101001568265TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS0100139161301TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS0103620164302TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS25277731711394TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS03929146196TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS0141115537217TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS1721052945216TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS11517718155321TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS787560430850GUARANTEED INCOME FUND0341121737TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS1661240041295Total Participants8685382462694234412,785Average # of Funds Per Participant1.31.41.41.41.61.61.4Plan SummaryOakland County 457(b) PTNE PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Participant Count by Fund by Age Group83 84Oakland County 457(b) PTNE PlanPlan SummaryFor Plan Sponsor or Consultant Use OnlyAssets and contributions reflect actual participant account balances and do not include outstanding loan balances, forfeitures, and / or expense account assets.Customer should promptly report any inaccuracy or discrepancy to the brokerage firm(s).All oral communications should be re-confirmed in writing to protect the customer’s legal rights, including rights under the Securities Investor Protection act (SIPA).This information should not be considered an offer or solicitation of securities, insurance products or services. No offer is intended nor should this material be construed as an offer of any product. The information is being presented by us solely in our role as the plan’s service provider and or record keeper. Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company, Hartford, CT, or its affiliates.© 2020 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol and Bring Your Challenges are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.Prudential’s Book of Business averages are as of 12/31/2019.84 Section IV: Forfeiture AccountOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only 85 Forfeiture AccountOakland County 401(A) Employees Retirement SystemForfeiture Account Activity – QuarterJanuary 1, 2020 through March 31, 2020For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Forfeiture Account Activity – Prior Year 2019SourceInvestmentBeginning Forfeiture BalanceAdditions ReductionsInvestment ResultsDividends / Capital GainsEnding Forfeiture Balance457B MATCHGuaranteed Income Fund 990.82 0.00 0.00 5.21 0.00 996.03EMPLOYER NONELECTIVE VESTING Guaranteed Income Fund 249,826.83 97,703.32 0.00 1,581.43 0.00 349,111.58 250,817.65 97,703.32 0.00 1,586.64 0.00 350,107.61Forfeiture Account 1Q2020 (1/1/20-3/31/209)SourceInvestmentBeginning Forfeiture BalanceAdditions ReductionsInvestment ResultsDividends / Capital GainsEnding Forfeiture Balance457B MATCHGuaranteed Income Fund 968.87 0.14 0.00 21.81 0.00 990.82457B MATCHTiaa-cref Lifecycle Index Retirement Income Fund Institutional Class 0.13 0.00 ( 0.14) 0.01 0.00 0.00EMPLOYER NONELECTIVE VESTING Guaranteed Income Fund 149,703.74 1,470,965.16 ( 1,393,609.72) 22,767.65 0.00 249,826.83EMPLOYER NONELECTIVE VESTING Tiaa-cref Lifecycle Index Retirement Income Fund Institutional Class 963,314.28 0.00 ( 981,179.90) 17,865.62 0.00 0.00 1,113,987.02 1,470,965.30 ( 2,374,789.76) 40,655.09 0.00 250,817.65Forfeiture Account 2019Forfeiture Account Activity – Prior Year 2018SourceInvestmentBeginning Forfeiture BalanceAdditions ReductionsInvestment ResultsDividends / Capital GainsEnding Forfeiture Balance457B MATCHGuaranteed Income Fund 0.00 965.62 0.00 3.25 0.00 968.87457B MATCHT. Rowe Price Stable Value Common Trust Fund (class A) 0.00 0.00 ( 517.71) 512.53 5.18 0.00457B MATCHTiaa-cref Lifecycle Index Retirement Income Fund Institutional Class 0.00 0.00 0.00 0.13 0.00 0.13EMPLOYER NONELECTIVE VESTING Guaranteed Income Fund 0.00 149,744.58 ( 1,183.09) 1,142.25 0.00 149,703.74EMPLOYER NONELECTIVE VESTING Tiaa-cref Lifecycle Index Retirement Income Fund Institutional Class 0.00 0.00 0.00 938,272.14 25,042.14 963,314.28 0.00 150,710.20 ( 1,700.80) 939,930.30 25,047.32 1,113,987.02Forfeiture Account 201886 87Oakland County 401(A) Employees Retirement SystemForfeiture AccountFor Plan Sponsor or Consultant Use OnlyAssets and contributions reflect actual participant account balances and do not include outstanding loan balances, forfeitures, and / or expense account assets.Customer should promptly report any inaccuracy or discrepancy to the brokerage firm(s).All oral communications should be re-confirmed in writing to protect the customer’s legal rights, including rights under the Securities Investor Protection act (SIPA).This information should not be considered an offer or solicitation of securities, insurance products or services. No offer is intended nor should this material be construed as an offer of any product. The information is being presented by us solely in our role as the plan’s service provider and or record keeper. Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company, Hartford, CT, or its affiliates.© 2020 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol and Bring Your Challenges are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.87 Section V: Suspense AccountOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only 88 Suspense AccountOakland County 401(A) Employees Retirement SystemSuspense Account ActivityJanuary 1, 2020 through March 31, 2020For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.SourceInvestmentBeginning Suspense BalanceAdditions ReductionsInvestment ResultsDividends / Capital GainsEnding Suspense BalanceEE MANDATORY PRETAXGuaranteed Income Fund 1,608.75 0.00 0.00 8.47 1,617.22EMPLOYER NONELECTIVE VESTING Guaranteed Income Fund 21,384.79 15,901.75 0.00 134.48 37,421.02 22,993.54 15,901.75 0.00 142.95 0.00 39,038.2489 90Oakland County 401(A) Employees Retirement SystemSuspense AccountFor Plan Sponsor or Consultant Use OnlyAssets and contributions reflect actual participant account balances and do not include outstanding loan balances, forfeitures, and / or expense account assets.Customer should promptly report any inaccuracy or discrepancy to the brokerage firm(s).All oral communications should be re-confirmed in writing to protect the customer’s legal rights, including rights under the Securities Investor Protection act (SIPA).This information should not be considered an offer or solicitation of securities, insurance products or services. No offer is intended nor should this material be construed as an offer of any product. The information is being presented by us solely in our role as the plan’s service provider and or record keeper. Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company, Hartford, CT, or its affiliates.© 2020 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol and Bring Your Challenges are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.90 Section VI: Service Standards GuaranteesOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only 91 Performance Incentives Plan ID Plan Name 940070 Oakland County 940080 In the event that Prudential fails to meet a performance standard with respect to a service (as set forth in the administrative Service Agreement) for any quarter, Prudential shall make responsible efforts to rectify the situation and deliver against that standard in the next quarter. In addition, in the event that Prudential failed to improve its performance regarding the previously identified service within the next calendar quarter, Prudential will provide a “Reimbursement Amount” as described in this Exhibit in the subsequent quarter. In the event a Reimbursement Amount is due, that amount shall be either (i) applied against the Plan’s administrative expenses otherwise due to Prudential, or (ii) credited toward additional administrative services to be provided by Prudential to the Plan, or (iii) credited to a Plan Expense Account in accordance with the terms outlined in the administrative agreement. Prudential and the Plan Sponsor have agreed to the performance standards set forth below. Such standards shall apply to the plan recordkeeping and other administrative services Prudential is providing on behalf of the Plan. Text29Total dollars at risk each calendar year from service shortfalls related to plan services provided by Prudential on behalf of the Plan will be capped at $40,000 for the Plan Sponsor’s plans maintained on Prudential’s recordkeeping system. 940090 Oakland County 457(b) Deferred Compensation Plan Oakland County 457(b) PTNE Plan Amount at Risk GuaranteeService Results - 1st Quarter 2020 Results - 2nd Quarter 2020 Results - 3rd Quarter 2020 Results - 4th Quarter 2020 Participant Services Phone Response Time Participant Service Representitives Available Monday Through Friday 8 am to 9 pm ET (Excluding Holidays). Scheduled days before or after holidays the participant service center will close at 5:00PM ET. 80% of calls answered within 20 seconds for live operator, and an abandonment rate of less than 2%. If call volumes exceed 10% of normal or budgeted volumes the month would be excluded. $1,500 per quarter Hours of Operation: On Target Overall Service Level: 59% Overall Abandon Rate: 4.4% Quarterly Statement Delivery 98% mailed or posted to the website within ten (10) business days after quarter close. Dependancy: Receipt of all necessary information (example, message approval) from the Plan Sponsor 3 weeks prior to the end of the quarter for which the statement period is appicable $1,500 per quarter On Target Loan Initiations 99% of loans processed within 2 business days provided the request is received in good order by 4 p.m. ET (2 p.m. ET for transactions involving company stock) $1,400 per quarter 100% Withdrawals, Hardship Withdrawals, Rollovers Out 99% withdrawals processed within 2 business days provided the request is received in good order by 4 p.m.ET ( 2 p.m. ET for transactions involving company stock) $1,400 per quarter 96.0% Contribution Posting Prudential will post 99% of contributions and repayments to participant accounts within one (1) business day of receipt of good order request. $1,400 per quarter 100% 92 Amount at Risk GuaranteeService Results - 1st Quarter 2020 Results - 2nd Quarter 2020 Results - 3rd Quarter 2020 Results - 4th Quarter 2020 Plan Sponsor Reports Data for the Preceding quarter is available on the plan sponsor website within 10 business days after the quarter end. Plan sponsors can create customized, ad hoc reports via the Online Retirement Center for Plan Sponsors website. The website allows you to select from a wide range of data fields to include in your report, and to submit the report request instantly. The Plan Sponsor can also elect to receive an e-mail notification when the report is ready, typically within 24 hours. $1,400 per quarter 100% Participant Satisfaction 80 percent rating of Satisfied to Highly Satisfied on a 4-point scale $1,400 per quarter Overall Customer Satisfaction: 92% Participant Level Investment Transfers 99% of fund transfers processed the same day if initiated by 4 p.m. ET (2 p.m. ET for transactions innvolving company stock) $1,400 per quarter 100% 93 Section VII: Monthly Activity Report – Q1 2020Oakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only 94 Oakland County Retirement PlansFor Plan Sponsor or Consultant Use Only Monthly Activity ReportConsultation OverviewMeeting ResultsMonthGroup Meetings Group Attendees Individual MeetingsTotal Participants ReachedJanuary2156479February2224870March281826Quarterly Totals64591175QuarterEnrollments Increases Beneficiary Goal Maker RolloverJanuary5201218 5 ($144,317)February9515235($33,230)March10010 ($0)Quarterly Totals15252742 10($177,547)95 280 Trumbull StreetHartford, CT 06103© 2020 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol and Bring Your Challenges are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.