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Reports - 2020.04.30 - 33504
For Plan Sponsor or Consultant Use Only PLANSUMMARYOakland County Retirement PlansPresented by: Stephanie Biddle, Vice President, Key AccountsAs of: June 30, 2020Report contains information up through the last business day of 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.Historical Plan Statistics*Includes RolloversHistorical Plan Statistics3/31/20204/30/20205/31/20206/30/20203/31/20204/30/20205/31/20206/30/2020Total Participants Balances$568,215,406$618,783,579$648,285,680$664,923,007Contributions*$2,779,943$2,812,031$4,183,056$2,626,674Distributions*($1,481,002)($1,621,873)($1,519,593)($2,263,128)Cash Flow$1,298,942$1,190,159$2,663,464$363,546Account BalancesAverage Participant Balance$106,687$116,400$122,019$125,221Participation / DeferralsParticipation Rate12.5%12.7%12.7%12.8%Average Contribution Rate (%)4.5%4.5%4.5%4.6%Total Participants with a Balance5,3265,3165,3135,310Asset Allocation% of Plan Assets in Stable Value12.4%11.4%10.8%10.7%% of Plan Assets for GoalMaker Participants17.7%17.5%17.6%17.7%Participation Rate in GoalMaker10.8%11.0%11.0%11.1%Number of Participants in GoalMaker577582585588Number of Participants in One Fund1,4401,4331,4381,436Number of Participants in Four or More Funds1,9541,9671,9571,959DistributionsTotal Number of All Withdrawals*179165150170 Termination$866,972$1,283,331$998,979$1,750,104 Hardship$0$0$0$0 In Service$7,000$71$211,465$6,415 Coronavirus-Related Withdrawal$0$0$0$0 Subtotal of Termination, Hardship, Inservice, Coronavirus-Related Withdrawal$873,972$1,283,402$1,210,444$1,756,519Amount of Distributions Representing Rollovers$114,623$1,108,821$778,278$1,530,772% of Assets Distributed*0.3%0.3%0.2%0.3%LoansNumber of New Loans22 91522Number of Outstanding Active Loans1,0721,0581,0521,058Average Loan Balance$7,511$7,422$7,469$7,3725 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 Summary3/31/2020 1/1/20201/1/2020-3/31/20204/1/2020-6/30/2020Total Participants* 5,326 5,310 Active Participants 3,592 3,574 Terminated Participants 1,632 1,611 Other Participants** 99 122 Multiple Status Participants*** 3 3Average Participant Balance $106,687 $125,221 Average Account Balance for Active Participants $120,748 $143,296Median Participant Balance $35,682 $43,899 Median Participant Balance for Active Participants $56,183 $68,520Participants Age 50 and Over 2,368 2,382 Total Assets for Participants Age 50 and Over $368,635,432 $429,562,059Total (Contributions + Rollovers In) $8,982,679 $9,621,762 Employee Contributions $2,208,871 $2,800,147 Employer Contributions $6,390,662 $6,786,121 Rollovers In $383,147 $35,493Total Distributions ($7,641,852) ($5,404,594)Percentage of Assets Distributed 1.3% 0.8%Market Value Gain / Loss**** ($90,291,272) $92,525,928Total Participant Balances $568,215,406 $664,923,007*** 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.6 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 FeaturesGoalMaker3/31/2020 6/30/2020Plan Assets for Participants in GoalMaker $100,304,219 $117,469,719% of Plan Assets for GoalMaker Participants 17.7% 17.7%# of Participants in GoalMaker577 588 Participation Rate in GoalMaker 10.8% 11.1% Prudential % of Participants in GoalMaker - As of 12/31/2019IncomeFlex3/31/2020 6/30/2020% of Plan Assets Invested in IncomeFlex Funds for IncomeFlex Participants 50.4% 49.6%# of Participants in IncomeFlex 103 101 Participation Rate in IncomeFlex 1.9% 1.9%Prudential % of Participants in IncomeFlex - As of 12/31/2019Stable Value3/31/2020 6/30/2020Participation Rate in Stable Value 24.8% 24.9%% of Plan Assets in Stable Value 12.4% 10.7%Prudential % of Plan Assets in Stable Value - As of 12/31/201952.3%7.3%22.1%Participant Activity Call Center1/1/2020 - 3/31/20204/1/2020 - 6/30/2020Total Call Volume651 408Loans1/1/2020 - 3/31/20204/1/2020 - 6/30/2020Amount of New Loans Taken $787,571 $487,441# of New Loans83 46# of Outstanding Active Loans 1,072 1,058% of Participants have Outstanding Active Loans 11.0% 10.8%Prudential % of Participants have Outstanding Active Loans - As of 12/31/201913.6%Transaction SummaryTransactions1/1/2020 - 3/31/20204/1/2020 - 6/30/2020Total Enrollees* 49 26 Contribution Rate Increases for Active Participants** 43 33 Contribution Rate Decreases for Active Participants** 46 14Total Contribution Rate Changes** 89 47Number of Participants with Transfers 1,745 1,402Loan Initiations 83 46Distributions 577 485**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.7 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 8 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$125,221$73,876$89,180$102,586$103,108Median Account Balance$43,899$70,895$67,239$77,204$79,970% of Plan Assets in Stable Value10.7%22.1%0.0%NANAAverage # of Funds Held4.75.36.75.56.3% of 55+ Participants Utilizing IncomeFlex®4.2%9.5%0.0%NANA% of Participants Utilizing GoalMaker®11.1%52.3%0.0%NANA% of Participants have Outstanding Active Loans10.8%13.6%18.3%13.5%14.2%Average Loan Balance$7,372$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.9 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 AgeApril 1, 2020 to June 30, 2020Less than 25 25-3435-4445-5455-6465+TotalTotal Participant Balances$779,408 $23,832,732 $100,037,766 $236,646,169 $176,941,595 $126,685,339 $664,923,007% Assets0.1%3.6%15.0%35.6%26.6%19.1%100.0%Average Contribution Rate ($)$0$0$0$0$62$0$62Average Contribution Rate (%)4.0%4.1%4.1%4.8%5.4%6.6%4.6%Prudential Avg. Contribution Rate (%) as of 12/31/20195.0%6.0%6.8%8.0%9.6%11.3%7.6% Contributions$164,632 $1,761,074 $2,364,739 $3,239,045 $1,688,042 $368,736 $9,586,269 Rollovers In*$634 $32,120$0$2,739$0$0$35,493Total (Contributions + Rollovers In)$165,266 $1,793,194 $2,364,739 $3,241,784 $1,688,042 $368,736 $9,621,762 Cash Distributions$0 ($13,514) ($55,523) ($158,413) ($574,458) ($1,184,815) ($1,986,724) Rollovers Out$0 ($35,348) ($151,497) ($134,946) ($2,308,309) ($787,771) ($3,417,870)Total (Cash Distributions + Rollovers Out)$0 ($48,862) ($207,020)($293,359) ($2,882,767) ($1,972,586) ($5,404,594)Net Activity$165,266 $1,744,332 $2,157,720 $2,948,425 ($1,194,724) ($1,603,850) $4,217,168Total Participants**1029341,1661,4331,0706075,312Average Account Balance$7,641 $25,517 $85,796 $165,140 $165,366 $208,707 $125,174Prudential Avg. Account Balance as of 12/31/2019$3,645 $16,118 $46,246 $89,262 $123,641 $125,460$73,876Median Account Balance$4,805 $18,653 $48,963 $112,872 $70,277 $63,644$43,899Prudential Median Account Balance as of 12/31/2019$4,531 $11,969 $31,729 $52,216 $78,108 $116,384$70,895High Balance$44,615 $195,710 $652,992 $1,130,235 $1,454,815 $2,761,960Low Balance$184$2$2$0.01$7$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 June 30, 2020Years of Service0-5 6-10 11-15 16-20 21-25 26-30 31-35 36-40 41-45 46-5051-55 56-60Average Account Balance* $21,764 $60,582 $112,867 $191,314 $264,065 $319,782 $349,326 $467,923 $519,089 $1,018,337 $0 $2,761,960* Active Employees10 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.11 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 6/30/2020<=44 45-54 55-64 65+ Grand TotalParticipants Enrolled in IncomeFlex 10 21 34 36 101IncomeFlex AssetsAs of 6/30/2020, the participants invested in IncomeFlex have 49.6% of their total plan assets in these funds, with an average balance of $172,632.IncomeFlex UtilizationDuring the period of 4/1/2020 to 6/30/2020, 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 OPTIONS1/1/2020 - 3/31/2020 % 4/1/2020 - 6/30/2020 %Change%TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$701,8208.2%$733,7917.7%$31,9714.6%TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$570,4286.6%$688,7927.2%$118,36320.7%TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$578,5996.7%$677,1227.1%$98,52417.0%TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$589,1216.9%$665,3596.9%$76,23812.9%TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$523,9716.1%$581,3076.1%$57,33610.9%TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$443,2145.2%$545,1265.7%$101,91223.0%GUARANTEED INCOME FUND$415,6404.8%$493,2995.2%$77,65918.7%JPMORGAN EQUITY INCOME FUND CLASS R5$405,3334.7%$447,5254.7%$42,19210.4%TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$428,0455.0%$431,8044.5%$3,7590.9%TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$419,4874.9%$429,6814.5%$10,1942.4%MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$366,7894.3%$394,3004.1%$27,5117.5%LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$136,3511.6%$332,8113.5%$196,460144.1%FIDELITY 500 INDEX FUND$288,0023.4%$326,4613.4%$38,45913.4%FIDELITY GROWTH COMPANY K6 FUND$00.0%$311,0883.3%$311,088n/aT. ROWE PRICE NEW HORIZONS FUND$265,8833.1%$291,9923.1%$26,1099.8%PGIM TOTAL RETURN BOND FUND -CLASS Z$237,1112.8%$268,8772.8%$31,76613.4%EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$217,5382.5%$238,7232.5%$21,1849.7%TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$177,1112.1%$224,2572.3%$47,14626.6%TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$179,4442.1%$174,0591.8%($5,385)-3.0%FIDELITY EMERGING MARKETS INDEX FUND$147,7811.7%$156,1521.6%$8,3725.7%FIDELITY GROWTH COMPANY$401,9834.7%$129,9661.4%($272,018) -67.7%VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$117,2591.4%$127,9731.3%$10,7159.1%FIDELITY SMALL CAP INDEX FUND$107,8541.3%$119,9111.3%$12,05711.2%FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$108,8231.3%$116,4371.2%$7,6147.0%BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$40,2980.5%$96,3181.0%$56,019139.0%AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$83,7721.0%$95,9591.0%$12,18714.5%AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$32,2840.4%$77,6910.8%$45,407140.7%TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$65,2730.8%$61,6180.6%($3,655)-5.6%PIMCO INCOME FUND CLASS A$49,9700.6%$52,7200.6%$2,7495.5%COHEN & STEERS REALTY SHARES FUND CLASS L$18,0850.2%$42,7310.5%$24,646136.3%FIDELITY PURITAN FUND$40,5320.5%$40,2940.4%($238)-0.6%PGIM HIGH YIELD FUND- CLASS Z$33,1230.4%$36,9570.4%$3,83411.6%PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$32,7670.4%$33,9270.4%$1,1613.5%FIDELITY MID CAP INDEX FUND$32,0830.4%$33,1190.4%$1,0363.2%FIDELITY INTERNATIONAL INDEX FUND$22,7250.3%$27,3880.3%$4,66320.5%FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$19,9390.2%$26,2430.3%$6,30431.6%DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$15,0850.2%$19,5200.2%$4,43629.4%BNY MELLON NATURAL RESOURCES FUND CLASS I$12,1960.1%$13,3710.1%$1,1769.6%TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$10,2920.1%$8,1890.1%($2,103) -20.4%GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$5,8900.1%$5,7960.1%($94)-1.6%COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$1,9210.0%$3,4780.0%$1,55881.1%COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$3,2820.0%$3,3210.0%$391.2%VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$780.0%$8150.0%$737939.8%FIDELITY CONTRAFUND FUND$147,4591.7%$00.0%($147,459) -100.0%BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I$46,9820.6%$00.0%($46,982) -100.0%AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-6$35,2280.4%$00.0%($35,228) -100.0%COHEN & STEERS INSTITUTIONAL REALTY SHARES$20,5820.2%$00.0%($20,582) -100.0%INVESCO OPPENHEIMER SENIOR FLOATING RATE FUND CLASS Y$2,1000.0%$00.0%($2,100) -100.0%Total Assets Contributed$8,599,532100.0%$9,586,269100.0%$986,73611.5%Contributions by FundOakland County 401(A) Employees Retirement SystemPlan Summary14 INVESTMENT OPTIONSINOUTNETFIDELITY GROWTH COMPANY K6 FUND$31,558,963 ($1,317,389) $30,241,574GUARANTEED INCOME FUND$5,633,892 ($4,224,809) $1,409,083PGIM TOTAL RETURN BOND FUND -CLASS Z$928,590 ($315,570) $613,021FIDELITY 500 INDEX FUND$944,145 ($419,085) $525,060TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$413,134($72,868) $340,266T. ROWE PRICE NEW HORIZONS FUND$1,270,406 ($956,910) $313,496FIDELITY PURITAN FUND$442,166 ($136,829) $305,337COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$278,408($27,576) $250,832PIMCO INCOME FUND CLASS A$225,704($5,221) $220,484TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$212,135($17,493) $194,642TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$141,269$0$141,269VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$53,400($102)$53,298PGIM HIGH YIELD FUND- CLASS Z$150,893 ($121,984)$28,909GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$6,418$0$6,418BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$80,637($79,126)$1,511AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$46,312($51,342)($5,030)TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$642,660 ($654,140)($11,480)BNY MELLON NATURAL RESOURCES FUND CLASS I$546,302 ($569,683)($23,381)FIDELITY INTERNATIONAL INDEX FUND$2,258($36,016)($33,758)SELF DIRECTED BROKERAGE ACCOUNT$230,899 ($267,000)($36,101)TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$0($39,688)($39,688)TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$432,574 ($473,536)($40,962)COHEN & STEERS REALTY SHARES FUND CLASS L$9,300($58,364)($49,064)FIDELITY EMERGING MARKETS INDEX FUND$71,629 ($129,329)($57,699)VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$53,478 ($111,250)($57,772)FIDELITY MID CAP INDEX FUND$99,599 ($168,686)($69,087)AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$1,744 ($107,250) ($105,506)TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$147,758 ($254,719) ($106,961)FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$59,428 ($178,073) ($118,645)FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$705,675 ($830,559) ($124,884)COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$0 ($132,228) ($132,228)TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$252,808 ($404,346) ($151,538)TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$173,093 ($334,090) ($160,997)MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$186,026 ($367,850) ($181,824)LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$1,059,177 ($1,250,436) ($191,260)JPMORGAN EQUITY INCOME FUND CLASS R5$248,333 ($467,041) ($218,708)FIDELITY SMALL CAP INDEX FUND$117,945 ($357,794) ($239,848)EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$352,650 ($609,160) ($256,510)TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$0 ($306,441) ($306,441)DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$1,104 ($345,436) ($344,332)TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$47,767 ($660,338) ($612,570)PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$1,305($829,844) ($828,539)FIDELITY GROWTH COMPANY$619,617 ($30,760,003) ($30,140,385)TOTAL$48,449,602 ($48,449,602)$04/1/2020 to 6/30/2020For 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 Taken1/1/2020 - 4/1/2020 -1/1/2020 - 4/1/2020 -Distribution Type3/31/2020 6/30/2020 Change % Change 3/31/2020 6/30/2020 Change % ChangeTermination$4,002,420 $4,032,414 $29,9941%15588(67)-43%Death Distribution$2,252,586 $138,774 ($2,113,812)-94%1412(2)-14%Installment Payment$961,028 $979,519 $18,4902%360373134%In-Service Withdrawal$154,486 $217,951 $63,46541%307(23)-77%QDRO$80,024 $35,936 ($44,088)-55%5500%Required Minimum Distribution$191,307$0 ($191,307)-100%130(13)-100%Grand Total$7,641,852 $5,404,594 ($2,237,258)-29%577485(92)-16%# of WithdrawalsTermination - 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.QDRO - Distribution taken by the recipient of a QDRO. 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.Distribution Sub-TypeAge < 50 Age >= 50 TotalAge < 50 Age >= 50 TotalRollover$295,033 $3,122,837 $3,417,87061622Cash$121,253 $1,865,471 $1,986,72416447463Grand Total$416,286 $4,988,308 $5,404,59422463485Amount of Withdrawals Taken# of Withdrawals4/1/2020 - 6/30/202016 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 PptsRollover InstitutionRollover Distribution Amount# of PptsRollover InstitutionRollover Distribution Amount# of PptsRollover InstitutionRollover Distribution Amount# of PptsPershing$1,211,965 3 Charles Schwab$1,056,208 2 RBC Capital Markets$2,126,729 1 Merrill Lynch$833,886 2Merrill Lynch$1,153,939 2 TD Ameritrade$684,057 2 Morgan Stanley$807,491 1 TD Ameritrade$748,522 2Jackson National$807,922 3 JP Morgan$657,105 4 Fidelity$196,424 2 Raymond James$551,066 1Equity Trust Co$471,514 1 RBC Capital Markets$293,329 1 Hilltop Securities$130,134 1 Charles Schwab$304,829 1Fidelity$243,108 4 Raymond James$164,525 3 Security Benefit$96,329 1 Fidelity$258,779 4Molloy Financial$234,507 1 Russell Family Solo 401k Plan $159,739 1 Ameriprise$93,227 1 Cetera Financial$172,665 1Charles Schwab$173,454 1 NFS$102,676 1 Prudential$38,659 3 Prudential$145,278 3State of Michigan 401k Plan $145,257 1 TIAA$77,310 1 Charles Schwab$33,840 1 Ameriprise$127,772 2Morgan Stanley$131,594 1 Fidelity$64,284 3 Merrill Lynch$19,222 1 Midland National $81,055 1AXA$127,387 2 American Equity$50,000 1 TTE Jabil 401k$17,011 1 Thrift Savings Plan$75,330 1SBLI$108,165 1 Thrift Savings Plan$41,323 2 Vanguard$11,824 2 Principal$68,381 1Edward Jones$101,021 1 Capital Bank & Trust$39,476 1 TIAA$11,520 2 Pershing$26,757 1Walled Lake School EFCU $67,182 1 Great West$23,029 1 Thrift Savings Plan$8,527 1 NFS$23,551 2LPL$60,215 2 AEIF$20,133 1 Allianz$7,756 1 Total$3,417,870 22VantagePoint Trnsfr$21,571 2 Vanguard$13,900 1 Pershing$418 1TD Ameritrade$19,935 1 State of Michigan 401k Plan $12,043 1 APEX Clearing$338 1PNC Bank$13,497 1 Edward Jones$1,411 1 Nationwide$39 1Flagstar Bank$3,994 1 Voya$938 1 Total$3,599,488 22Raymond James$3,480 1 Prudential$416 1Oakland University 403B Plan $2,297 1 Community Financial CU$362 1Vibe Credit Union$2,013 1 Total$3,462,263 30Prudential$1,316 2Total$5,105,333 3410/1/2019 - 12/31/20191/1/2020 - 3/31/20204/1/2020 - 6/30/20207/1/2019 - 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*102 934 1,166 1,433 1,070 607 5,312w/Loan3 60 177 204 104 25 5732.9%6.4%15.2%14.2%9.7%4.1%10.8%% of Participants With Withdrawal ActivityAs of 6/30/20204/1/2020 - 6/30/2020Average loan balance is $7,3720.8% initiated a new loanPrudential Book of Business Average is $7,754 as of 12/31/201910.8% of participants have outstanding active loans0.1% initiated In-Service Withdrawal13.6% Prudential Book of Business Average as of 12/31/201945.0% 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 Initiations1/1/2020-3/31/20204/1/2020-6/30/2020Change % Changeas of 3/31/2020as of 6/30/2020Change % ChangeGeneral Purpose$771,951 $424,441 ($347,510)(45%) 964952(12) (1%)Residential$15,620 $63,000 $47,380303% 108106(2) (2%)Grand Total$787,571 $487,441 ($300,130)(38%) 1,072 1,058(14) (1%)1/1/2020-3/31/20204/1/2020-6/30/2020# of Outstanding Active Loans1,072 1,058# of New Loans8346Average Loan Balance$7,511 $7,372Total Outstanding Loan Balance $8,051,828 $7,799,479Oakland County 401(A) Employees Retirement SystemPlan Summary# of Oustanding Active Loansas of 6/30/2020Participant Count1 3152 130360437531Total5731/1/2020-3/31/20204/1/2020-6/30/2020# of Deemed Loans 28 3Total Deemed Principal Loan Balance $179,966 $21,015Loan CountTotal Loan Principal Due Amount Total Loan Interest Due Amount30$266,655.71$40,122.86CARES Loan Suspension Stats as of 6/30/202019 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 - 3/31/20204/1/2020 - 6/30/2020Call CenterUnique Callers355359367240Total Call Volume576606651408Participant WebsiteUnique Web Logins2,1022,1692,2781,868Total Web Logins28,238 31,632 37,323 44,772Call Center Reason Category7/1/2019 - 9/30/201910/1/2019 - 12/31/20191/1/2020 - 3/31/20204/1/2020 - 6/30/2020Account Explanations11712913496Allocation Changes & Exchange923717Contributions1112114Disbursements211242200106Enrollments1384Forms861613Fund Information661212Hardships5223IFX4089IVR or Web Assistance22272010Loans1131088591Other20121712Payment Questions0000Plan Explanations116202Regen Reg Letter0010Status of Research6431Tax Information01211Website Processing32465627Total57660665140820 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 25-3435-4445-5455-6465+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 71 299 355 308 245 158 1,436Average # of Funds per Participant 2.2 3.1 4.0 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 0.6% 0.8% 2.4% 6.2% 14.6% 22.5% 10.7%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 June 30, 2020Oakland County 401(A) Employees Retirement SystemPlan SummaryFund Utilization By Age as of June 30, 2020Asset AllocationAsset ClassYour Plan Assets as of 6/30/2020 Your Plan % as of 6/30/2020Stable Value $71,470,030 10.8%Fixed Inc-Domestic $45,384,227 6.8%Fixed Inc-Glbl / International $9,584,712 1.4%Allocation $242,767,964 36.5%Equity - U.S. Large $154,618,405 23.3%Equity - U.S. Mid/Small $69,776,213 10.5%Equity - Glbl / International $53,543,612 8.1%Alternative / Other $17,777,845 2.7%Total Participant Balances $664,923,007 100.0%22 INVESTMENT OPTIONSBalance % Invested in Fund # of PptsPpts Using as Sole InvestmentGUARANTEED INCOME FUND$71,470,030 10.7% 1,323 104TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$63,999,7079.6%928273LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$50,441,9667.6%1,1835JPMORGAN EQUITY INCOME FUND CLASS R5$36,713,2185.5%1,3901TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$36,218,0395.4%772100FIDELITY GROWTH COMPANY K6 FUND$35,597,7925.4%1,34811FIDELITY 500 INDEX FUND$31,804,3944.8%1,05716PGIM TOTAL RETURN BOND FUND -CLASS Z$31,710,2684.8%1,1280TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$30,383,5574.6%54886MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$28,624,8574.3%1,0171EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$22,898,6643.4%1,2970TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$21,057,4163.2%57286T. ROWE PRICE NEW HORIZONS FUND$20,196,0803.0%1,20815TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$19,385,6742.9%684113TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$19,072,7302.9%987134PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$17,435,8702.6%10115SELF DIRECTED BROKERAGE ACCOUNT$14,080,3472.1%884TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$10,662,9421.6%31450FIDELITY SMALL CAP INDEX FUND$9,997,2901.5%4842BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$9,584,7121.4%6250FIDELITY EMERGING MARKETS INDEX FUND$8,902,6491.3%9290FIDELITY PURITAN FUND$8,612,6701.3%5407VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$8,478,7221.3%1,0580AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$8,313,9291.3%8451TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$6,880,9601.0%625113FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$6,258,1970.9%9490AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$5,562,4860.8%3482TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$5,339,5810.8%481158PIMCO INCOME FUND CLASS A$5,262,6420.8%3060PGIM HIGH YIELD FUND- CLASS Z$4,250,6520.6%3310COHEN & STEERS REALTY SHARES FUND CLASS L$3,099,3950.5%3232FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$2,072,7350.3%1582FIDELITY MID CAP INDEX FUND$1,947,2600.3%1220DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$1,811,4050.3%2150FIDELITY INTERNATIONAL INDEX FUND$1,694,1990.3%2190TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$1,476,2480.2%178115TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$893,5060.1%8613COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$826,9630.1%570BNY MELLON NATURAL RESOURCES FUND CLASS I$598,1040.1%1470TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$522,0990.1%717GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$445,4910.1%500COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$276,5250.0%430VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$61,0350.0%50Total$664,923,007100.0%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 June 30, 202023 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 25300060925-34512015238235-443220083511345-54202605129422055-64241349531412665+4311136138Total59211602430717588Active/Suspended Terminated Active/Suspended Terminated Active/Suspended TerminatedLess than 25$12,234$0$0$0$56,542$0 $68,77625-34$38,675 $16,612 $582,775 $3,763 $1,932,289 $33,732 $2,607,84635-44$163,467 $119,299 $2,379,575$0 $14,344,621 $197,852 $17,204,81445-54$4,262,188 $626,171 $14,762,205 $409,972 $31,265,741 $587,388 $51,913,66555-64$4,182,896 $1,787,826 $16,128,797 $1,472,628 $9,115,762 $348,904 $33,036,81365+$1,060,696 $1,148,041 $4,247,342 $4,443,253 $1,726,678 $11,796 $12,637,805Total$9,720,155 $3,697,948 $38,100,694 $6,329,616 $58,441,632 $1,179,673 $117,469,719Conservative ModerateAggressiveConservative ModerateAggressiveParticipant Age RangeTotalTotalParticipant Age Rangeaverage contribution rate (%) for active 4.1%GoalMaker participants1.3 Yearsaverage length of time GoalMakerparticipants have been enrolled in GoalMakeractively elected GoalMaker11.1%GoalMaker participation rate for those whoGoalMaker® Participationas of 6/30/20209/30/2019 12/31/2019 3/31/2020 6/30/2020Plan Assets for Participants in GoalMaker $98,205,750 $112,559,524 $100,304,219 $117,469,719# of Participants in GoalMaker 515 560 577 588Participation Rate in GoalMaker 9.8% 10.5% 10.8% 11.1%% of Plan Assets for GoalMaker Participants 15.9% 17.1% 17.7% 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 6/30/202011.4%37.8%50.8%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 Investor9/30/2019 12/31/2019 3/31/2020 6/30/2020Plan 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 Investor9/30/2019 12/31/2019 3/31/2020 6/30/2020Plan Assets for Participants In GoalMaker $98,205,750 $112,559,524 $100,304,219 $117,469,719# of Participants in GoalMaker 515 560 577 588Participation Rate in GoalMaker 9.8% 10.5% 10.8% 11.1%% of Plan Assets for GoalMaker Participants 15.9% 17.1% 17.7% 17.7%Total9/30/2019 12/31/2019 3/31/2020 6/30/2020Plan Assets for Participants In GoalMaker $98,205,750 $112,559,524 $100,304,219 $117,469,719# of Participants in GoalMaker 515 560 577 588Participation Rate in GoalMaker 9.8% 10.5% 10.8% 11.1%% of Plan Assets for GoalMaker Participants 15.9% 17.1% 17.7% 17.7%Percentage of Assets byGoalMaker® Investor -As of 6/30/20200.0%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$4,894 $188,593 $2,447,017 $14,608,075 $25,762,093 $28,459,358 $71,470,030Fixed Inc-Domestic$2,153 $244,202 $3,083,168 $16,501,106 $17,472,256 $8,081,343 $45,384,227Fixed Inc-Glbl / International$604 $38,882 $459,930 $3,261,445 $4,151,244 $1,672,608 $9,584,712Allocation$523,535 $17,106,202 $47,818,100 $75,635,846 $59,991,075 $41,693,206 $242,767,964Equity - U.S. Large$104,749 $2,668,207 $21,767,899 $64,341,624 $37,727,567 $28,008,360 $154,618,405Equity - U.S. Mid/Small$111,195 $2,262,718 $12,805,984 $29,941,607$15,591,604 $9,063,106 $69,776,213Equity - Glbl / International$32,278 $1,203,621 $9,072,907 $25,556,685 $11,841,836 $5,836,285 $53,543,612Alternative / Other$0 $120,307 $2,582,761 $6,799,782 $4,403,921 $3,871,074 $17,777,845Total Assets$779,408 $23,832,732 $100,037,766 $236,646,169 $176,941,595 $126,685,339 $664,923,007% of Assets0.1%3.6% 15.0% 35.6% 26.6% 19.1% 100.0% Active Participants86748834 1,085673151 3,577 Terminated Participants12176308325364428 1,613 Other Participants*41024233328122Total Participants**102934 1,166 1,433 1,070607 5,312Avg Account Balance$7,641 $25,517 $85,796 $165,140 $165,366 $208,707 $125,174*Participant(s) who are not active, terminated or suspended, but have an account b alance greater than $0 (e.g. b reak-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 accountwithin different age groups (decedent's date of b irth), that participant will be counted twice.Asset Allocation by Age Group as of June 30, 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 GROWTH COMPANY$0$0$0$0$0$0$0GUARANTEED INCOME FUND$4,894 $188,593 $2,447,017 $14,608,075 $25,762,093 $28,459,358 $71,470,030TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$0 $59,963 $8,621,056 $20,564,432 $18,596,159 $16,158,097 $63,999,707LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$39,029 $428,581 $5,570,339 $19,732,937 $12,180,845 $12,490,234 $50,441,966JPMORGAN EQUITY INCOME FUND CLASS R5$11,460 $629,829 $5,596,821 $14,657,198 $9,213,297 $6,604,614 $36,713,218TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$0 $32,571 $6,497,213 $26,774,214 $2,185,720 $728,321 $36,218,039FIDELITY GROWTH COMPANY K6 FUND$43,960 $1,145,001 $6,357,840 $16,888,346 $7,664,848 $3,497,798 $35,597,792FIDELITY 500 INDEX FUND$10,300 $464,598 $4,221,850 $13,030,082 $8,661,851 $5,415,713 $31,804,394PGIM TOTAL RETURN BOND FUND -CLASS Z$1,354 $134,058 $1,651,227 $11,909,586 $12,289,713 $5,724,329 $31,710,268TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$0$0 $1,406,234 $5,635,942 $16,743,842 $6,597,539 $30,383,557MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$16,745 $693,266 $4,693,021 $13,472,715 $6,160,832 $3,588,278 $28,624,857EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$4,214 $280,585$3,305,786 $10,553,838 $5,367,046 $3,387,196 $22,898,664TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$0 $53,895 $544,749 $14,484,689 $5,829,579 $144,504 $21,057,416T. ROWE PRICE NEW HORIZONS FUND$94,233 $1,490,104 $4,579,848 $8,029,393 $3,842,177 $2,160,325 $20,196,080TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$0$3,141$16,362,316 $2,970,649 $48,262$1,306 $19,385,674TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$20,610 $5,899,359 $11,862,680 $1,164,420 $69,177 $56,485 $19,072,730PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$36 $27,430 $61,961 $791,291 $4,988,004 $11,567,148 $17,435,870SELF DIRECTED BROKERAGE ACCOUNT$0 $48,078 $1,940,643 $5,037,632 $3,507,737 $3,546,257 $14,080,347TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$3,849$140$8,913 $458,751 $8,469,696 $1,721,594 $10,662,942FIDELITY SMALL CAP INDEX FUND$3,699 $113,256 $1,736,643 $3,977,541 $2,565,066 $1,601,085 $9,997,290BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$604 $38,882 $459,930 $3,261,445 $4,151,244 $1,672,608 $9,584,712FIDELITY EMERGING MARKETS INDEX FUND$6,247 $298,202 $1,947,953 $4,354,543 $1,807,640 $488,065 $8,902,649FIDELITY PURITAN FUND$0 $14,319 $710,317 $2,486,205 $1,882,120 $3,519,709 $8,612,670VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$3,673 $195,058 $1,647,971 $3,713,926 $1,824,407 $1,093,687 $8,478,722AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$1,701 $86,185 $1,307,409 $3,886,198 $2,011,666 $1,020,772 $8,313,929TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$6,912 $5,060,187 $1,630,788 $170,197 $12,876$0 $6,880,960FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$5,375 $157,906 $1,289,396 $2,929,172 $1,266,807 $609,540 $6,258,197AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$6,471 $89,258 $776,567 $2,715,567 $1,512,480 $462,145 $5,562,486TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$22,073 $5,306,320$9,135$2,053$0$0 $5,339,581PIMCO INCOME FUND CLASS A$0 $46,906 $585,098 $1,942,033 $2,032,279 $656,326 $5,262,642PGIM HIGH YIELD FUND- CLASS Z$0 $16,778 $350,412 $1,397,925 $1,531,075 $954,462 $4,250,652COHEN & STEERS REALTY SHARES FUND CLASS L$0 $62,931 $547,130 $1,529,070 $733,971 $226,292 $3,099,395FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$0 $43,268 $276,190 $639,005 $749,768 $364,504 $2,072,735FIDELITY MID CAP INDEX FUND$0 $25,808 $246,341 $737,737 $726,101 $211,272 $1,947,260DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$799$2,787 $167,710 $545,142 $728,957 $366,010 $1,811,405FIDELITY INTERNATIONAL INDEX FUND$2 $31,711 $313,053 $985,513 $275,909 $88,011 $1,694,199TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$470,054$647,999 $78,739 $52,059 $227,397$0 $1,476,248TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$0$0$0$0$184,393 $709,113 $893,506COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$0$879 $22,208 $74,457 $727,482$1,937 $826,963BNY MELLON NATURAL RESOURCES FUND CLASS I$0$9,297 $94,988$233,079 $162,213 $98,525 $598,104TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$0$0$1,792$6,487 $26,367 $487,453 $522,099GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$1,112$5,000 $34,905 $142,150 $73,309 $189,014 $445,491COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$0$405 $52,531 $67,414 $140,464 $15,712 $276,525VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$0$199 $21,049 $33,061$6,726$0 $61,035Total Assets$779,408 $23,832,732 $100,037,766 $236,646,169 $176,941,595 $126,685,339 $664,923,007% of Assets0.1%3.6%15.0%35.6%26.6%19.1% 100.0%Total Participants1029341,1661,4331,0706075,312Avg. Account Balance$7,641 $25,517 $85,796 $165,140 $165,366 $208,707 $125,174Fund Allocation by Age Group as of June 30, 202028 INVESTMENT OPTIONSLess than 25 25-3435-4445-5455-6465+TotalFIDELITY GROWTH COMPANY0000000GUARANTEED INCOME FUND4501323904263211,323TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS018216306209179928LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND6661964352891921,184JPMORGAN EQUITY INCOME FUND CLASS R5101312584983361581,391TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS021455793115772FIDELITY GROWTH COMPANY K6 FUND161242114743611631,349FIDELITY 500 INDEX FUND4501493732961861,058PGIM TOTAL RETURN BOND FUND -CLASS Z4661424223451501,129TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS00229937849548MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R391011773882261171,018EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A91132324943201301,298TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS01134001526572T. ROWE PRICE NEW HORIZONS FUND15144230427296971,209TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS0351416151684TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS74305311432987PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND136213436101SELF DIRECTED BROKERAGE ACCOUNT021636221288TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS1133320472314FIDELITY SMALL CAP INDEX FUND13110117612451484BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A3407923319972626FIDELITY EMERGING MARKETS INDEX FUND1111618535320857930FIDELITY PURITAN FUND0871191159113542VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A11116208384247931,059AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E245160332206101846TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS2476139530625FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I1110818235222274949AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5426711318927348TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS84691300481PIMCO INCOME FUND CLASS A011541388024307PGIM HIGH YIELD FUND- CLASS Z011521349144332COHEN & STEERS REALTY SHARES FUND CLASS L019671357923323FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND0813416531158FIDELITY MID CAP INDEX FUND01320413810122DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS 1 537945920216FIDELITY INTERNATIONAL INDEX FUND11733846024219TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS83864140178TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS0000117586COLUMBIA INCOME BUILDER FUND ADVISOR CLASS0162123657BNY MELLON NATURAL RESOURCES FUND CLASS I0526723311147TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS001885572GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS 1 4111814 250COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS0141321443VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL0111205Total Participants1029341,1661,4331,0706075,312Average # of Funds Per Participant2.23.14.05.95.64.64.7Plan 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.Participant Count by Fund by Age Group as of June 30, 202029 31Oakland 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.Historical Plan Statistics*Includes RolloversHistorical Plan Statistics3/31/20204/30/20205/31/20206/30/20203/31/20204/30/20205/31/20206/30/2020Total Participants Balances$258,936,631$283,799,962$298,641,234$307,850,695Contributions*$1,016,407$961,825$1,457,928$943,763Distributions*($700,087)($167,048)($778,718)($915,979)Cash Flow$316,320$794,776$679,209$27,784Account BalancesAverage Participant Balance$75,602$82,741$87,042$89,831Participation / DeferralsParticipation Rate69.1%69.2%69.1%69.1%Average Contribution Rate (%)8.2%8.2%8.4%8.6%Total Participants with a Balance3,4253,4303,4313,427Asset Allocation% of Plan Assets in Stable Value16.5%14.6%14.0%14.0%% of Plan Assets for GoalMaker Participants14.1%14.0%13.9%14.0%Participation Rate in GoalMaker18.5%18.5%18.6%18.7%Number of Participants in GoalMaker633636637640Number of Participants in One Fund1,1261,1271,1261,123Number of Participants in Four or More Funds1,7201,7321,7211,722DistributionsTotal Number of All Withdrawals*70597079 Termination$301,972$63,836$626,107$631,288 Hardship$0$0$0$0 In Service$0$0$47,000$0 Coronavirus-Related Withdrawal$0$0$0$124,478 Subtotal of Termination, Hardship, Inservice, Coronavirus-Related Withdrawal$301,972$63,836$673,107$755,766Amount of Distributions Representing Rollovers$136,307$39,944$547,892$309,664% of Assets Distributed*0.3%0.1%0.3%0.3%LoansNumber of New Loans20412Number of Outstanding Active Loans281269267276Average Loan Balance$7,241$7,245$7,184$7,48733 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 Summary3/31/2020 1/1/20201/1/2020-3/31/20204/1/2020-6/30/2020Total Participants* 3,425 3,427 Active Participants 2,610 2,594 Terminated Participants 718 737 Suspended Participants 6 6 Other Participants** 88 87 Multiple Status Participants*** 3 3Average Participant Balance $75,602 $89,831 Average Account Balance for Active Participants $62,372$74,527Median Participant Balance $18,754 $22,751 Median Participant Balance for Active Participants $14,113 $17,160Participants Age 50 and Over 1,720 1,745 Total Assets for Participants Age 50 and Over $208,518,505 $247,763,626Total (Contributions + Rollovers In) $3,014,574 $3,363,516 Employee Contributions $2,867,754 $3,320,213 Rollovers In $146,821 $43,303Total Distributions ($4,013,820) ($1,861,746)Percentage of Assets Distributed 1.6% 0.6%Market Value Gain / Loss**** ($37,772,483) $47,455,598Total Participant Balances $258,936,631 $307,850,695*** 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.34 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 FeaturesGoalMaker3/31/2020 6/30/2020Plan Assets for Participants in GoalMaker $36,602,812 $43,067,234% of Plan Assets for GoalMaker Participants 14.1% 14.0%# of Participants in GoalMaker633 640 Participation Rate in GoalMaker 18.5% 18.7% Prudential % of Participants in GoalMaker - As of 12/31/2019IncomeFlex3/31/2020 6/30/2020% of Plan Assets Invested in IncomeFlex Funds for IncomeFlex Participants 27.6% 27.0%# of Participants in IncomeFlex23 24 Participation Rate in IncomeFlex 0.7% 0.7%Prudential % of Participants in IncomeFlex - As of 12/31/2019Auto Features3/31/2020 6/30/2020 % of Contributing Participants in Contribution Accelerator 7.2% 7.2%Prudential % of Contributing Participants in Contribution Accelerator - As of 12/31/2019Stable Value3/31/2020 6/30/2020Participation Rate in Stable Value 33.1% 33.2%% of Plan Assets in Stable Value 16.5% 14.0%Prudential % of Plan Assets in Stable Value - As of 12/31/201952.3%7.3%32.5%22.1%Participant Activity Call Center1/1/2020 - 3/31/20204/1/2020 - 6/30/2020Total Call Volume305 249Loans1/1/2020 - 3/31/20204/1/2020 - 6/30/2020Amount of New Loans Taken $122,432 $244,374# of New Loans13 16# of Outstanding Active Loans 281 276% of Participants have Outstanding Active Loans 6.5% 6.4%Prudential % of Participants have Outstanding Active Loans - As of 12/31/201913.6%Transaction SummaryTransactions1/1/2020 - 3/31/20204/1/2020 - 6/30/2020Total Enrollees* 60 15 Contribution Rate Increases for Active Participants** 321 170 Contribution Rate Decreases for Active Participants** 119 53Total Contribution Rate Changes** 440 223Number of Participants w ith Transfers 1,335 1,613Loan Initiations 13 16Distributions 240 208**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 were enrolled into the plan within 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.35 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 36 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 (%)8.6%7.6%6.8%6.8%7.1%Average Account Balance$89,831$73,876$89,180$102,586$103,108Median Account Balance$22,751$70,895$67,239$77,204$79,970% of Plan Assets in Stable Value14.0%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®18.7%52.3%0.0%NANA% of Participants have Outstanding Active Loans6.4%13.6%18.3%13.5%14.2%Average Loan Balance$7,487$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.37 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 AgeApril 1, 2020 to June 30, 2020Less than 25 25-3435-4445-5455-6465+TotalTotal Participant Balances$129,578 $4,003,496 $21,269,301 $82,385,285 $108,233,135 $91,829,901 $307,850,695% Assets0.0%1.3%6.9%26.8%35.2%29.8%100.0%Average Contribution Rate ($)$62$92$134$190$239$352$178Average Contribution Rate (%)6.5%7.9%7.7%8.0%13.2%10.3%8.6%Prudential Avg. Contribution Rate (%) as of 12/31/20195.0%6.0%6.8%8.0%9.6%11.3%7.6% Contributions$26,491 $370,427 $599,117 $1,231,528 $890,648 $202,002 $3,320,213 Rollovers In*$0$0$0 $29,827$0 $13,476$43,303Total (Contributions + Rollovers In)$26,491 $370,427 $599,117 $1,261,355 $890,648 $215,478 $3,363,516 Cash Distributions$0 ($7,326) ($36,415) ($173,256) ($490,509) ($256,740) ($964,245) Rollovers Out$0 ($2,706)$0 ($72,204) ($541,952) ($280,639) ($897,501)Total (Cash Distributions + Rollovers Out)$0 ($10,032) ($36,415) ($245,460) ($1,032,462) ($537,379) ($1,861,746)Net Activity$26,491 $360,395 $562,702 $1,015,895 ($141,814) ($321,901) $1,501,770Total Participants**445066459908174273,429Average Account Balance$2,945$7,912 $32,976 $83,217 $132,476 $215,058$89,779Prudential Avg. Account Balance as of 12/31/2019$3,645 $16,118 $46,246 $89,262 $123,641 $125,460$73,876Median Account Balance$1,564$3,621 $10,008 $35,815 $56,051 $94,593$22,751Prudential Median Account Balance as of 12/31/2019$4,531 $11,969 $31,729 $52,216 $78,108 $116,384$70,895High Balance$15,797 $140,078 $476,802 $957,243 $1,755,708 $2,433,070Low Balance$65$4$2$6$0.01$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 June 30, 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* $11,529 $22,919 $36,103 $64,023 $128,180 $167,861 $157,213 $247,246 $347,525 $1,429,919 $0 $1,320,576* Active Employees38 Retirement ReadinessOakland County 457(b) Deferred Compensation PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.39 Oakland County 457(b) Deferred Compensation PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Plan SummaryParticipation Rate As of June 30, 20203/31/20206/30/2020 Total Eligible To Contribute Population3,6243,603 Contributing (A)2,5042,489 Enrolled Not Contributing (B)132127 Eligible Not Enrolled (C)9889873/31/20206/30/2020Participation Rate *69.1%69.1% Prudential Book of Business 12/31/2019 Plan Sponsor Survey 2020 - National AverageEligible Not Enrolled – An individual who meets the requirements to join the plan, but has not enrolled in the plan (as of close of business on the last business day of the period).Contributing – Count of participants who are active/eligible and have a contribution rate (%) or amount ($) 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%3.5%27.4%ContributingEnrolled Not ContributingEligible Not EnrolledDue to rounding, pie chart may not equal 100%40 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 By Employee Location as of June 30, 2020By Location NameContributingEnrolled Not ContributingEligible Not Enrolled52/1 District Court39 9 0 81.3%52/2 District Court16 6 0 72.7%52/3 District Court21 22 1 47.7%52/4 District Court15 10 1 57.7%Animal Control18 5 1 75.0%Aviation & Transportation13 6 0 68.4%Board Of Commissioners24 13 0 64.9%Children's Village79 108 3 41.6%Circuit Court205 149 16 55.4%Clerk/Register of Deeds51 29 1 63.0%Community & Home Improvement15 3 0 83.3%Community Corrections28 19 1 58.3%Compliance Office13 2 0 86.7%Corporation Counsel/Risk Management21 5 0 80.8%County Executive 28 14 0 66.7%District Court Administration1 0 0 100.0%Economic Dev & Comm Affairs5 6 0 45.5%Equalization69 8 1 88.5%Facilities 98 72 4 56.3%Health196 86 9 67.4%Homeland Security4 2 1 57.1%Human Resources38 0 2 95.0%IT99 26 6 75.6%Management & Budget/Fiscal Services72 13 2 82.8%Medical Examiner 15 5 1 71.4%LocationParticipantsParticipation Rate %6/30/2020ContributingEnrolled Not ContributingEligible Not EnrolledMSU Extension 2 4 0 33.3%Parks and Recreation52 22 3 67.5%Planning & Economic Development29 5 0 85.3%Probate Court20 21 2 46.5%Prosecuting Attorney108 50 2 67.5%Sheriff523 91 25 81.8%Sheriff/Addison6 1 1 75.0%Sheriff/Brandon13 0 1 92.9%Sheriff/Commerce34 4 1 87.2%Sheriff/Highland14 3 1 77.8%Sheriff/Independence32 1 0 97.0%Sheriff/Lyon19 3 1 82.6%Sheriff/Oakland13 1 1 86.7%Sheriff/Orion30 3 0 90.9%Sheriff/Oxford17 1 1 89.5%Sheriff/Pontiac61 18 4 73.5%Sheriff/Rochester Hills57 3 2 91.9%Sheriff/Springfield9 1 1 81.8%Support Services23 8 0 74.2%Treasurer28 4 4 77.8%Veterans Services Admin10 6 0 62.5%Water Resources Commissioner202 117 9 61.6%Workforce Development4 2 0 66.7%#N/A0 0 18 0.0%Total2,489 987 127 69.1%LocationParticipantsParticipation Rate %6/30/202041 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 By Employee Location as of June 30, 2020By Participation Rate%ContributingEnrolled Not ContributingEligible Not EnrolledDistrict Court Administration1 0 0 100.0%Sheriff/Independence32 1 0 97.0%Human Resources38 0 2 95.0%Sheriff/Brandon13 0 1 92.9%Sheriff/Rochester Hills57 3 2 91.9%Sheriff/Orion30 3 0 90.9%Sheriff/Oxford17 1 1 89.5%Equalization69 8 1 88.5%Sheriff/Commerce34 4 1 87.2%Compliance Office13 2 0 86.7%Sheriff/Oakland13 1 1 86.7%Planning & Economic Development29 5 0 85.3%Community & Home Improvement15 3 0 83.3%Management & Budget/Fiscal Services72 13 2 82.8%Sheriff/Lyon19 3 1 82.6%Sheriff523 91 25 81.8%Sheriff/Springfield9 1 1 81.8%52/1 District Court39 9 0 81.3%Corporation Counsel/Risk Management21 5 0 80.8%Sheriff/Highland14 3 1 77.8%Treasurer28 4 4 77.8%IT99 26 6 75.6%Animal Control18 5 1 75.0%Sheriff/Addison6 1 1 75.0%Support Services23 8 0 74.2%LocationParticipantsParticipation Rate %6/30/2020ContributingEnrolled Not ContributingEligible Not EnrolledSheriff/Pontiac61 18 4 73.5%52/2 District Court16 6 0 72.7%Medical Examiner 15 5 1 71.4%Aviation & Transportation13 6 0 68.4%Parks and Recreation52 22 3 67.5%Prosecuting Attorney108 50 2 67.5%Health196 86 9 67.4%County Executive 28 14 0 66.7%Workforce Development4 2 0 66.7%Board Of Commissioners24 13 0 64.9%Clerk/Register of Deeds51 29 1 63.0%Veterans Services Admin10 6 0 62.5%Water Resources Commissioner202 117 9 61.6%Community Corrections28 19 1 58.3%52/4 District Court15 10 1 57.7%Homeland Security4 2 1 57.1%Facilities 98 72 4 56.3%Circuit Court205 149 16 55.4%52/3 District Court21 22 1 47.7%Probate Court20 21 2 46.5%Economic Dev & Comm Affairs5 6 0 45.5%Children's Village79 108 3 41.6%MSU Extension 2 4 0 33.3%#N/A0 0 18 0.0%Total2,489 987 127 69.1%LocationParticipantsParticipation Rate %6/30/202042 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 Completions165Unique Completions135Contribution Rate Increase17Average Balance, RIC Participant$79,276Average Balance, Non-RIC Participant$74,548Average Contribution Rate, RIC Participant8.93%Average Contribution Rate, Non-RIC Participant7.98%Total Count of Participants with a RIC Gap1,094Average RIC Gap $3,091Total Count of Participants with a RIC Surplus410Average RIC Surplus $2,255Average Income Replacement, RIC Participant62%Average Income Replacement, Non-RIC Participant81%Note - due to market volatility and COVID, the numbers might be low er than prior quarters.Since Inception for Currently Active Participants as of 6/30/20204/1/2020 - 6/30/202043 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 6/30/2020<=44 45-54 55-64 65+ Grand TotalParticipants Enrolled in IncomeFlex 8 8 2 6 24IncomeFlex AssetsAs of 6/30/2020, the participants invested in IncomeFlex have 27.0% of their total plan assets in these funds, with an average balance of $66,235.IncomeFlex UtilizationDuring the period of 4/1/2020 to 6/30/2020, the IncomeFlex participation rate was 0.7%.44 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 June 30, 202045 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 Features4/1/2020 - 6/30/2020 Number of Participants Enrolled Into Contribution Accelerator During the Reporting Period*4 Number of Participants That Declined Contribution Accelerator During the Reporting Period25 Number of Participants Enrolled Into Contribution Accelerator During the Reporting Period and Still Remain in the Program*3 Defaulted Into Contribution Accelerator*0 Opted Into Contribution Accelerator*3 Opted Into Contribution Accelerator at 1% Contribution Increment*3 Opted Into Contribution Accelerator at >1% Contribution Increment0* Includes participants with Contribution Accelerator Increment Amounts ($) if applicable on the planContribution Accelerator46 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.47 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.INVESTMENT OPTIONS1/1/2020 - 3/31/2020 % 4/1/2020 - 6/30/2020 %Change%FIDELITY 500 INDEX FUND$267,5459.3%$320,8129.7%$53,26719.9%FIDELITY GROWTH COMPANY K6 FUND$00.0%$253,7207.6%$253,720n/aGUARANTEED INCOME FUND$204,1047.1%$237,0887.1%$32,98416.2%JPMORGAN EQUITY INCOME FUND CLASS R5$179,0356.2%$212,2186.4%$33,18318.5%MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$145,3815.1%$172,7455.2%$27,36418.8%T. ROWE PRICE NEW HORIZONS FUND$137,2824.8%$168,3715.1%$31,08822.6%TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$121,7224.2%$134,5094.1%$12,78610.5%TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$137,2954.8%$132,1434.0%($5,152)-3.8%PGIM TOTAL RETURN BOND FUND -CLASS Z$116,1794.1%$132,0964.0%$15,91713.7%TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$108,4493.8%$127,7133.9%$19,26417.8%TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$95,8403.3%$114,7313.5%$18,89119.7%FIDELITY GROWTH COMPANY$321,19311.2%$98,6143.0%($222,580) -69.3%TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$73,8282.6%$93,8922.8%$20,06527.2%TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$78,6652.7%$93,8172.8%$15,15319.3%TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$67,6482.4%$87,9252.7%$20,27630.0%FIDELITY EMERGING MARKETS INDEX FUND$73,3632.6%$86,7802.6%$13,41618.3%FIDELITY PURITAN FUND$73,5112.6%$82,2652.5%$8,75411.9%VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$69,0472.4%$79,2272.4%$10,18014.7%EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$67,2772.4%$78,2272.4%$10,95016.3%AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$65,9622.3%$77,5932.3%$11,63017.6%FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$55,6031.9%$66,0282.0%$10,42518.7%LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$26,1950.9%$62,1671.9%$35,972137.3%TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$38,9921.4%$55,1001.7%$16,10841.3%FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$40,0771.4%$45,8121.4%$5,73514.3%FIDELITY SMALL CAP INDEX FUND$40,2571.4%$44,9031.4%$4,64611.5%BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$19,3100.7%$43,3711.3%$24,061124.6%FIDELITY INTERNATIONAL INDEX FUND$24,6990.9%$29,0290.9%$4,32917.5%FIDELITY MID CAP INDEX FUND$25,5660.9%$27,8490.8%$2,2838.9%AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$10,2560.4%$25,9960.8%$15,741153.5%COHEN & STEERS REALTY SHARES FUND CLASS L$9,8780.3%$24,4760.7%$14,598147.8%TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$17,4540.6%$21,9840.7%$4,53026.0%PIMCO INCOME FUND CLASS A$16,8970.6%$15,8710.5%($1,026)-6.1%PGIM HIGH YIELD FUND- CLASS Z$13,5650.5%$15,4580.5%$1,89314.0%COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$5,0660.2%$10,8200.3%$5,755113.6%GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$8,9930.3%$9,7150.3%$7228.0%PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$5,7710.2%$6,6970.2%$92616.0%COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$7,8810.3%$6,5920.2%($1,289) -16.4%TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$6,0900.2%$6,1480.2%$570.9%TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$5,6860.2%$6,0730.2%$3876.8%TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$10,2580.4%$5,0100.2%($5,248) -51.2%DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$3,4400.1%$3,4590.1%$190.5%BNY MELLON NATURAL RESOURCES FUND CLASS I$2,5480.1%$2,8720.1%$32312.7%VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$270.0%$2980.0%$271985.2%FIDELITY CONTRAFUND FUND$25,4690.9%$00.0%($25,469) -100.0%BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I$19,0070.7%$00.0%($19,007) -100.0%COHEN & STEERS INSTITUTIONAL REALTY SHARES$10,6480.4%$00.0%($10,648) -100.0%AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-6$9,7480.3%$00.0%($9,748) -100.0%INVESCO OPPENHEIMER SENIOR FLOATING RATE FUND CLASS Y$5,0440.2%$00.0%($5,044) -100.0%Total Assets Contributed$2,867,754100.0%$3,320,213100.0%$452,46015.8%Contributions by FundOakland County 457(b) Deferred Compensation PlanPlan Summary48 INVESTMENT OPTIONSINOUTNETFIDELITY GROWTH COMPANY K6 FUND$50,201,597 ($1,618,464) $48,583,134T. ROWE PRICE NEW HORIZONS FUND$1,265,314 ($428,731) $836,583TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$561,652($10,598) $551,054FIDELITY 500 INDEX FUND$802,706 ($396,137) $406,569GUARANTEED INCOME FUND$3,398,175 ($3,037,059) $361,116LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$500,131($195,832) $304,300FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$581,723 ($408,168) $173,555SELF DIRECTED BROKERAGE ACCOUNT$218,709($48,389) $170,320FIDELITY INTERNATIONAL INDEX FUND$91,582($16,427)$75,155TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$87,597($32,017)$55,581DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$131,740 ($106,617)$25,123GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$26,163($3,868)$22,295TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$60,725($44,258)$16,467FIDELITY PURITAN FUND$254,430 ($246,511)$7,920VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$15,600($10,390)$5,210COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$10,847($6,268)$4,579TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$2,702$0$2,702PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$1,406$0$1,406FIDELITY EMERGING MARKETS INDEX FUND$33,500($37,079)($3,579)BNY MELLON NATURAL RESOURCES FUND CLASS I$20,823($28,710)($7,887)TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$0($8,953)($8,953)MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$80,908 ($103,131)($22,223)PIMCO INCOME FUND CLASS A$7,680($31,170)($23,490)PGIM HIGH YIELD FUND- CLASS Z$36,894($67,970)($31,076)FIDELITY MID CAP INDEX FUND$67,878($99,856)($31,978)AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$6,538($46,247)($39,708)TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$18,287($68,700)($50,413)COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$0($51,447)($51,447)TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$0($54,899)($54,899)TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$274,587 ($333,846)($59,259)VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$7,169($73,964)($66,796)JPMORGAN EQUITY INCOME FUND CLASS R5$89,647 ($162,974)($73,327)FIDELITY SMALL CAP INDEX FUND$103,424 ($178,267)($74,843)AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$36,626 ($116,850)($80,223)TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$92,607 ($177,444)($84,837)BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$19,036 ($123,373) ($104,337)FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$30,317 ($134,937) ($104,620)COHEN & STEERS REALTY SHARES FUND CLASS L$14,152 ($135,302) ($121,149)EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$133,896 ($357,517) ($223,622)TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$0 ($271,401) ($271,401)PGIM TOTAL RETURN BOND FUND -CLASS Z$87,205 ($723,730) ($636,526)FIDELITY GROWTH COMPANY$166,181 ($49,542,658) ($49,376,477)TOTAL$59,540,155 ($59,540,155)$04/1/2020 to 6/30/2020For 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 Transfers49 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 Taken1/1/2020 - 4/1/2020 -1/1/2020 - 4/1/2020 -Distribution Type3/31/2020 6/30/2020 Change % Change 3/31/2020 6/30/2020 Change % ChangeTermination$2,613,557 $1,321,230 ($1,292,327)-49%7439(35)-47%Death Distribution$896,302 $69,910 ($826,391)-92%107(3)-30%Installment Payment$314,936 $299,127 ($15,809)-5%14715143%Coronavirus-Related Withdrawal$0 $124,478 $124,478n/a01010n/aIn-Service Withdrawal$72,607 $47,000 ($25,607)-35%1100%Required Minimum Distribution$116,417$0 ($116,417)-100%80(8)-100%Grand Total$4,013,820 $1,861,746 ($2,152,073)-54%240208(32)-13%# of WithdrawalsTermination - 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).Coronavirus-Related Withdrawal - A distribution that is requested by a participant in which they meet certain qualifications under the CARES Act. Note, the 59 ½ early withdrawal tax penalty does not apply.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$21,806 $875,695 $897,5013811Cash$103,397 $860,849 $964,24512185197Grand Total$125,203 $1,736,543 $1,861,74615193208Amount of Withdrawals Taken# of Withdrawals4/1/2020 - 6/30/202050 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 PptsRollover InstitutionRolloevr Distribution Amount# of PptsRollover InstitutionRolloevr Distribution Amount# of PptsRollover InstitutionRolloevr Distribution Amount# of PptsMerrill Lynch$1,188,493 2 Fidelity$806,315 2 Fidelity$1,608,544 4 Charles Schwab$261,983 1Fidelity$739,584 5 TD Ameritrade$498,305 2 RBC Capital Markets$532,779 1 Raymond James$259,450 1NFS$435,136 1 JP Morgan$244,654 4 Allianz$136,307 1 LPL$203,597 1Molloy Financial$364,321 1 Pershing$205,306 1 Prudential$104,235 2 Pershing$53,104 1Morgan Stanley$314,996 2 RBC Capital Markets$124,558 1 Ameriprise$52,779 1 Equitable$50,215 1Jackson National$169,648 1 Prudential$92,874 1 TIAA$14,215 2 Fidelity$28,691 2Equity Trust Co$149,038 1 Russell Family Solo 401k Plan $76,761 1 E Trade$1,538 1 Ameriprise$21,288 2Prudential$147,666 1 Voya$27,104 1 Merrill Lynch$1,185 1 Prudential$18,656 1LPL$127,611 2 Charles Schwab$18,567 1 Total$2,451,582 13 NFS$518 1Pershing$95,003 1 NFS$14,365 1Total$897,501 11Raymond James$41,961 1 Total$2,108,809 15Charles Schwab$29,290 1PNC 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 -3/31/20204/1/2020 -6/30/20207/1/2019 - 9/30/201951 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*44 506 645 990 817 427 3,429w/Loan0 9 40 84 71 14 2180.0%1.8%6.2%8.5%8.7%3.3%6.4%% of Participants With Withdrawal ActivityAs of 6/30/20204/1/2020 - 6/30/2020Average loan balance is $7,4870.5% initiated a new loanPrudential Book of Business Average is $7,754 as of 12/31/20196.4% 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 12/31/201952 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 Initiations1/1/2020-3/31/20204/1/2020-6/30/2020Change % Changeas of 3/31/2020as of 6/30/2020Change % ChangeGeneral Purpose$122,432 $244,374 $121,942100% 248243(5) (2%)Residential$0$0$00%333300%Grand Total$122,432 $244,374 $121,942100% 281276(5) (2%)1/1/2020-3/31/20204/1/2020-6/30/2020# of Outstanding Active Loans281276# of New Loans1316Average Loan Balance$7,241 $7,487Total Outstanding Loan Balance $2,034,602 $2,066,348Oakland County 457(b) Deferred Compensation PlanPlan SummaryLoan CountTotal Loan Principal Due Amount Total Loan Interest Due Amount8$108,726.06$14,791.46CARES Loan Suspension Stats as of 6/30/2020Loan Initiation MonthTotal Loans Total Loan Amount Average Loan Amount Median Loan AmountJune1$2,494$2,494$2,494Grand Total12,4942,4942,494CARES Loan Initiation Stats1/1/2020-3/31/20204/1/2020-6/30/2020# of Deemed Loans 02Total Deemed Principal Loan Balance$0 $10,052# of Oustanding Active Loansas of 6/30/2020Participant Count119529232Total28953 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 - 3/31/20204/1/2020 - 6/30/2020Call CenterUnique Callers204198204173Total Call Volume324316305249Participant WebsiteUnique Web Logins1,9542,0362,1171,724Total Web Logins26,430 29,712 35,058 41,656Call Center Reason Category7/1/2019 - 9/30/201910/1/2019 - 12/31/20191/1/2020 - 3/31/20204/1/2020 - 6/30/2020Account Explanations51777341Allocation Changes & Exchange57811Contributions91364Disbursements14811911991Enrollments3252Forms0100Fund Information2227Hardships12616IFX0000IVR or Web Assistance3357Loans60443052Other8879Payment Questions0000Plan Explanations13104Regen Reg Letter1000Status of Research1131Tax Information0060Website Processing20303014Total32431630524954 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.55 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 25-3435-4445-5455-6465+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 18 228 234 266 241 136 1,123Average # of Funds per Participant 4.3 5.0 5.0 5.8 5.6 4.5 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 3.1% 1.7% 2.7% 6.3% 18.8% 18.3% 14.0%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 June 30, 2020Oakland County 457(b) Deferred Compensation PlanPlan SummaryFund Utilization By Age as of June 30, 2020Asset AllocationAsset ClassYour Plan Assets as of 6/30/2020 Your Plan % as of 6/30/2020Stable Value $43,018,020 14.0%Fixed Inc-Domestic $23,104,573 7.5%Fixed Inc-Glbl / International $3,935,403 1.3%Allocation $66,477,275 21.6%Equity - U.S. Large $109,935,556 35.7%Equity - U.S. Mid/Small $30,403,061 9.9%Equity - Glbl / International $20,843,068 6.8%Alternative / Other $10,133,738 3.3%Total Participant Balances $307,850,695 100.0%56 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 June 30, 2020INVESTMENT OPTIONSBalance % Invested in Fund # of PptsPpts Using as Sole InvestmentFIDELITY GROWTH COMPANY K6 FUND$57,187,530 18.6% 1,564 39GUARANTEED INCOME FUND$43,018,020 14.0% 1,138 132FIDELITY 500 INDEX FUND $31,439,699 10.2% 959 22PGIM TOTAL RETURN BOND FUND -CLASS Z$14,541,065 4.7% 1,012 2FIDELITY PURITAN FUND$14,517,149 4.7% 493 27T. ROWE PRICE NEW HORIZONS FUND$14,105,186 4.6% 1,349 26JPMORGAN EQUITY INCOME FUND CLASS R5$11,728,554 3.8% 1,200 3TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $11,666,407 3.8% 169 73LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND $9,553,181 3.1% 671 7TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $8,719,039 2.8% 142 85MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$8,124,963 2.6% 735 0SELF DIRECTED BROKERAGE ACCOUNT $8,106,355 2.6% 111 8TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $6,185,540 2.0% 200 103AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E $5,851,492 1.9%714 2EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$5,013,902 1.6% 954 2VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$4,634,507 1.5% 1,147 1TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $4,533,695 1.5% 158 98TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $4,247,396 1.4% 182 114TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $3,954,637 1.3% 60 23BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$3,935,403 1.3% 555 0TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $3,904,317 1.3% 71 16FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND $3,755,398 1.2% 2245FIDELITY EMERGING MARKETS INDEX FUND$3,331,248 1.1% 1,019 0FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$3,308,108 1.1% 1,112 0TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $2,366,014 0.8% 76 11FIDELITY SMALL CAP INDEX FUND $2,357,873 0.8% 215 0TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $2,044,384 0.7% 142 103PGIM HIGH YIELD FUND- CLASS Z $1,913,857 0.6% 204 2COHEN & STEERS REALTY SHARES FUND CLASS L $1,895,253 0.6% 174 5FIDELITY INTERNATIONAL INDEX FUND $1,828,246 0.6% 303 1PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND $1,589,643 0.5% 24 3PIMCO INCOME FUND CLASS A $1,483,364 0.5% 88 2AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5 $1,277,841 0.4% 328 1TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $1,157,837 0.4% 137 105COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS $1,013,835 0.3%83 0FIDELITY MID CAP INDEX FUND $983,486 0.3% 120 3COLUMBIA INCOME BUILDER FUND ADVISOR CLASS $794,470 0.3% 73 1TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $491,5280.2% 96 74GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS $429,278 0.1% 72 0DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS $397,055 0.1% 38 1TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $305,2200.1% 40 23BNY MELLON NATURAL RESOURCES FUND CLASS I $132,130 0.0% 57 0VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL $26,592 0.0% 2 0Total$307,850,695 100.0% 057 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%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 SummaryActive/Suspended Terminated Active/Suspended Terminated Active/Suspended TerminatedLess than 253010801225-3411127269111135-446126188112345-54190634137422755-64181042552413165+649510236Total63161681736412640Active/Suspended Terminated Active/Suspended Terminated Active/Suspended TerminatedLess than 25$3,045$0$2,224$0$27,997$0 $33,26625-34$33,329$921 $142,180 $1,067 $501,213$186 $678,89635-44$15,185 $33,079 $831,439$455 $3,785,502 $75,445 $4,741,10445-54$1,611,320$0 $5,585,315 $140,623 $12,056,774 $239,924 $19,633,95655-64$2,885,722 $1,286,937 $4,027,311 $517,561 $3,495,928 $254,525 $12,467,98365+$1,001,402 $649,985 $1,280,319 $853,405 $1,397,637 $329,281 $5,512,029Total$5,550,002 $1,970,922 $11,868,788 $1,513,110 $21,265,051 $899,361 $43,067,234Conservative ModerateAggressiveConservative ModerateAggressiveParticipant Age RangeTotalTotalParticipant Age Rangeaverage contribution rate (%) for active 8.5%GoalMaker participants1.3 Yearsaverage length of time GoalMakerparticipants have been enrolled in GoalMakeractively elected GoalMaker18.7%GoalMaker participation rate for those whoGoalMaker® Participationas of 6/30/20209/30/2019 12/31/2019 3/31/2020 6/30/2020Plan Assets for Participants in GoalMaker $34,397,845 $39,664,148 $36,602,812 $43,067,234# of Participants in GoalMaker 534 601 633 640Participation Rate in GoalMaker 16.1% 17.8% 18.5% 18.7%% of Plan Assets for GoalMaker Participants 12.3% 13.3% 14.1% 14.0%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 6/30/202017.5%31.1%51.5%ConservativeModerateAggressiveDue to rounding, pie chart may not equal 100%59 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 Investor9/30/2019 12/31/2019 3/31/2020 6/30/2020Plan 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 Investor9/30/2019 12/31/2019 3/31/2020 6/30/2020Plan Assets for Participants In GoalMaker $34,397,845 $39,664,148$36,602,812 $43,067,234# of Participants in GoalMaker 534 601 633 640Participation Rate in GoalMaker 16.1% 17.8% 18.5% 18.7%% of Plan Assets for GoalMaker Participants 12.3% 13.3% 14.1% 14.0%Total9/30/2019 12/31/2019 3/31/2020 6/30/2020Plan Assets for Participants In GoalMaker $34,397,845 $39,664,148$36,602,812 $43,067,234# of Participants in GoalMaker 534 601 633 640Participation Rate in GoalMaker 16.1% 17.8% 18.5% 18.7%% of Plan Assets for GoalMaker Participants 12.3% 13.3% 14.1% 14.0%Percentage of Assets byGoalMaker® Investor -As of 6/30/20200.0%100.0%Default InvestorNon-Default InvestorGoalMaker®Participation – Default vs Non-Default InvestorDue to rounding, pie chart may not equal 100%60 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$3,990 $67,784 $569,710 $5,217,314 $20,331,571 $16,827,652 $43,018,020Fixed Inc-Domestic$616 $139,611 $978,649 $5,766,994 $10,205,367 $6,013,336 $23,104,573Fixed Inc-Glbl / International$217 $10,111 $78,834 $1,237,494 $1,769,266 $839,481 $3,935,403Allocation$39,412 $1,381,093 $4,485,326 $14,933,122 $24,833,373 $20,804,950 $66,477,275Equity - U.S. Large$26,570 $1,272,799 $7,807,245 $31,478,550 $32,407,488 $36,942,904 $109,935,556Equity - U.S. Mid/Small$44,923 $644,230 $3,776,124 $10,627,971 $9,675,948 $5,633,866 $30,403,061Equity - Glbl / International$13,761 $472,827 $2,712,426 $8,507,902 $5,928,499 $3,207,653 $20,843,068Alternative / Other$90 $15,042 $860,986 $4,615,937 $3,081,623 $1,560,059 $10,133,738Total Assets$129,578 $4,003,496 $21,269,301 $82,385,284 $108,233,135 $91,829,901 $307,850,695% of Assets0.0%1.3%6.9% 26.8% 35.2% 29.8% 100.0% Active Participants42465574858547111 2,597 Terminated Participants23963121236278739 Suspended Participants0012126 Other Participants*0279333687Total Participants**44506645990817427 3,429Avg Account Balance$2,945 $7,912 $32,976 $83,217 $132,476 $215,058 $89,779*Participant(s) who are not active, terminated or suspended, but have an account balance greater than $0 (e.g. b reak-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 accountwithin different age groups (decedent's date of b irth), that participant will be counted twice.Asset Allocation by Age Group as of June 30, 202061 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+TotalFIDELITY GROWTH COMPANY$0$0$0$0$0$0$0FIDELITY GROWTH COMPANY K6 FUND$14,729 $444,582 $3,912,169 $16,109,440 $16,280,219 $20,426,391 $57,187,530GUARANTEED INCOME FUND$3,990 $67,784 $569,710 $5,217,314 $20,331,571 $16,827,652 $43,018,020FIDELITY 500 INDEX FUND$310 $477,637 $1,694,196 $8,591,085 $9,812,058 $10,864,413 $31,439,699PGIM TOTAL RETURN BOND FUND -CLASS Z$531 $84,500 $392,288 $3,987,767 $6,653,985 $3,421,994 $14,541,065FIDELITY PURITAN FUND$0$7,254 $317,539 $3,069,209 $5,007,406 $6,115,741 $14,517,149T. ROWE PRICE NEW HORIZONS FUND$37,053 $341,990 $1,678,505 $4,597,785 $5,118,334 $2,331,518 $14,105,186JPMORGAN EQUITY INCOME FUND CLASS R5$5,887 $244,279 $1,541,766 $4,250,007 $3,479,487 $2,207,128 $11,728,554TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$181$3,733 $52,884 $1,445,290 $5,642,685 $4,521,633 $11,666,407LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$5,643 $106,301 $648,091 $2,512,450 $2,835,724 $3,444,971 $9,553,181TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$0$0 $68,541 $840,890 $6,533,583 $1,276,025 $8,719,039MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$8,308 $174,922 $1,319,637 $4,069,271 $1,845,485 $707,339 $8,124,963SELF DIRECTED BROKERAGE ACCOUNT$0$6,266 $668,368 $3,787,012 $2,296,640 $1,348,069 $8,106,355TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$0$3,056$249,467 $3,506,245 $2,138,750 $288,022 $6,185,540AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$205 $118,085 $451,387 $1,854,978 $1,835,377 $1,591,461 $5,851,492EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$2,052 $66,638 $602,623 $2,009,599 $1,442,561 $890,430 $5,013,902VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$1,830 $102,517 $556,250 $1,717,951 $1,185,975 $1,069,985 $4,634,507TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$0 $15,380 $600,519 $2,758,026 $1,028,433 $131,337 $4,533,695TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$0 $33,117 $1,282,199 $2,135,709 $551,821 $244,550 $4,247,396TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$0$0$0 $10,453 $1,544,655 $2,399,529 $3,954,637BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$217 $10,111 $78,834$1,237,494 $1,769,266 $839,481 $3,935,403TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$0$6,146$25,830 $205,168 $816,561 $2,850,612 $3,904,317FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$0 $36,745 $339,486$457,209 $1,733,241 $1,188,718 $3,755,398FIDELITY EMERGING MARKETS INDEX FUND$3,109 $110,855 $566,895 $1,612,614 $802,553 $235,222 $3,331,248FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$1,949 $67,287 $512,214 $1,406,531 $883,510 $436,616 $3,308,108TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$0$2,437 $21,223 $133,571 $358,323 $1,850,460 $2,366,014FIDELITY SMALL CAP INDEX FUND$1,989 $47,047 $287,670 $624,882 $691,009 $705,275 $2,357,873TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$6,940 $269,388 $1,364,792 $387,806$9,650$5,807 $2,044,384PGIM HIGH YIELD FUND- CLASS Z$85$6,410 $55,425 $421,630 $728,743 $701,564 $1,913,857COHEN & STEERS REALTY SHARES FUND CLASS L$90$8,304 $175,618 $785,075 $728,047 $198,119 $1,895,253FIDELITY INTERNATIONAL INDEX FUND$9 $11,784 $188,154 $461,825 $646,170 $520,304 $1,828,246PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$0$2,418$2,657 $199,246 $451,065 $934,259 $1,589,643PIMCO INCOME FUND CLASS A$0$5,402 $147,305 $579,283 $596,249 $155,125 $1,483,364AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$2,129 $56,067 $145,006 $412,478 $591,111 $71,050 $1,277,841TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$2,460 $483,977 $452,378 $62,297 $156,723$2 $1,157,837COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$0$5,586 $10,168 $105,476 $372,181 $520,423 $1,013,835FIDELITY MID CAP INDEX FUND$50 $18,750 $138,861 $271,223 $354,560 $200,042 $983,486COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$0$0 $23,850 $141,529 $442,117 $186,974 $794,470TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$6,824 $456,626 $17,057$8,628$2,393$0 $491,528GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$0$1,114 $41,348 $96,736 $207,805 $82,276 $429,278DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$0$969 $33,977 $215,629 $120,968 $25,512 $397,055TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$23,007 $97,560$6,389 $29,055 $149,209$0 $305,220BNY MELLON NATURAL RESOURCES FUND CLASS I$0$471 $17,001 $43,851 $56,937 $13,870 $132,130VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$0$0 $11,023 $15,568$0$0 $26,592Total Assets$129,578 $4,003,496 $21,269,301 $82,385,284 $108,233,135 $91,829,901$307,850,695% of Assets0.0%1.3%6.9%26.8%35.2%29.8% 100.0%Total Participants445066459908174273,429Avg. Account Balance$2,945$7,912 $32,976 $83,217 $132,476 $215,058 $89,779Fund Allocation by Age Group as of June 30, 202062 INVESTMENT OPTIONSLess than 25 25-3435-4445-5455-6465+TotalFIDELITY GROWTH COMPANY0000000FIDELITY GROWTH COMPANY K6 FUND211772605313931831,565GUARANTEED INCOME FUND8821213013952311,138FIDELITY 500 INDEX FUND3104147315245146960PGIM TOTAL RETURN BOND FUND -CLASS Z71351513172931101,013FIDELITY PURITAN FUND1852156162116495T. ROWE PRICE NEW HORIZONS FUND20225270437306921,350JPMORGAN EQUITY INCOME FUND CLASS R517197243385270891,201TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS116337058169LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND610613020116167671TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS005269516142MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R31212113925716343735SELF DIRECTED BROKERAGE ACCOUNT0219413415111TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS01161017012200AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E410014222316977715EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A1212818733022969955VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A16201227359260851,148TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS052711692159TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS05957291182TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS0003243360BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A4506420218154555TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS0157154371FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND01522647746224FIDELITY EMERGING MARKETS INDEX FUND14196210340208511,019FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I15192226368240721,113TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS03814203176FIDELITY SMALL CAP INDEX FUND12739666022215TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS33197632142PGIM HIGH YIELD FUND- CLASS Z11530676526204COHEN & STEERS REALTY SHARES FUND CLASS L11632595115174FIDELITY INTERNATIONAL INDEX FUND16772805528303PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND04482624PIMCO INCOME FUND CLASS A05133629588AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-557675101638328TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS48141641137COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS04721331984FIDELITY MID CAP INDEX FUND11120413611120COLUMBIA INCOME BUILDER FUND ADVISOR CLASS001219321073TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS287331096GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS 0 4172123 772DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS0341414338TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS825322040BNY MELLON NATURAL RESOURCES FUND CLASS I04102017657VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL0011002Total Participants445066459908174273,429Average # of Funds Per Participant4.35.05.05.85.64.55.3Plan 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.Participant Count by Fund by Age Group as of June 30, 202063 65Oakland 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 12/31/2019.64 Section III:Oakland County 457(b) PTNE PlanPlan Summary – 940090Oakland County 457(b) PTNE PlanFor Plan Sponsor or Consultant Use Only 65 Plan Summary and Benchmark TrendsOakland County 457(b) PTNE PlanFor Plan Sponsor or Consultant Use Only 66 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.Historical Plan Statistics*Includes RolloversHistorical Plan Statistics3/31/20204/30/20205/31/20206/30/20203/31/20204/30/20205/31/20206/30/2020Total Participants Balances$9,657,510$10,456,693$10,855,711$11,111,089Contributions*$79,023$164,292$106,056$82,729Distributions*($50,858)($57,281)($36,030)($41,583)Cash Flow$28,165$107,011$70,026$41,146Account BalancesAverage Participant Balance$3,468$3,767$3,911$3,942Participation / DeferralsTotal Participants w ith a Balance2,7852,7762,7762,819Asset Allocation% of Plan Assets in Stable Value3.8%3.3%3.2%3.1%Number of Participants in One Fund1,6641,6571,6641,709Number of Participants in Four or More Funds7777DistributionsTotal Number of All Withdrawals*16212017 Termination$48,827$56,611$24,697$28,979 Hardship$0$0$0$0 In Service$0$0$0$0 Coronavirus-Related Withdraw al$0$0$0$0 Subtotal of Termination, Hardship, Inservice, Coronavirus-Related Withdrawal$48,827$56,611$24,697$28,979Amount of Distributions Representing Rollovers$3,469$2,068$11,203$18,501% of Assets Distributed*0.5%0.5%0.3%0.4%67 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 Summary3/31/2020 1/1/20201/1/2020-3/31/20204/1/2020-6/30/2020Total Participants* 2,785 2,819 Active Participants 1,764 1,764 Terminated Participants 960 991 Other Participants** 61 64Average Participant Balance $3,468 $3,942 Average Account Balance for Active Participants $3,945 $4,553Median Participant Balance $1,496 $1,733 Median Participant Balance for Active Participants $1,534 $1,817Participants Age 50 and Over1,0061,018 Total Assets for Participants Age 50 and Over$6,283,711 $7,217,585Total (Contributions + Rollovers In)$226,138 $353,077 Employee Contributions$186,940 $220,260 Employer Contributions$39,198$46,184 Rollovers In$0$86,633Total Distributions($188,063) ($134,893)Percentage of Assets Distributed1.9%1.2%Market Value Gain / Loss****($1,345,868) $1,322,029Total Participant Balances$9,657,510 $11,111,089****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.68 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 Value3/31/2020 6/30/2020Participation Rate in Stable Value1.3%1.3%% of Plan Assets in Stable Value3.8%3.1%Prudential % of Plan Assets in Stable Value - As of 12/31/201922.1%Participant Activity Call Center1/1/2020 - 3/31/20204/1/2020 - 6/30/2020Total Call Volume125 94Transaction SummaryTransactions1/1/2020 - 3/31/20204/1/2020 - 6/30/2020Total Enrollees*3558Number of Participants with Transfers123Distributions7758*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.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 SummaryAsset Allocation/Net Activity By AgeApril 1, 2020 to June 30, 2020Less than 25 25-3435-4445-5455-6465+TotalTotal Participant Balances$682,671 $1,451,063 $1,121,293 $1,458,695 $2,460,857 $3,936,510 $11,111,089% Assets6.1%13.1%10.1%13.1%22.1%35.4%100.0% Contributions$40,808 $19,127 $22,486 $38,079 $77,073 $68,869 $266,444 Rollovers In*$0$0$0$0 $86,633$0$86,633Total (Contributions + Rollovers In)$40,808 $19,127 $22,486 $38,079 $163,707 $68,869 $353,077 Cash Distributions($5,229) ($7,002) ($13,200)($678) ($35,743) ($41,271) ($103,122) Rollovers Out($5,764) ($4,249)$0 ($16,548) ($4,587)($624) ($31,771)Total (Cash Distributions + Rollovers Out)($10,993) ($11,251) ($13,200) ($17,226) ($40,330) ($41,894) ($134,893)Net Activity$29,815$7,877$9,286 $20,854 $123,377 $26,975 $218,183Total Participants8655662462734174522,819Average Account Balance$789$2,564$4,558$5,343$5,901$8,709$3,942Prudential Avg. Account Balance as of 12/31/2019$3,645 $16,118 $46,246 $89,262 $123,641 $125,460$73,876Median Account Balance$443$1,932$2,759$2,595$3,586$6,539$1,733Prudential Median Account Balance as of 12/31/2019$4,531 $11,969 $31,729 $52,216 $78,108 $116,384$70,895*Rollovers In is the total dollars credited to participant accounts w ithin the period defined that originated in other qualified retirement plan accounts.70 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.71 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 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 Completions7Unique Completions6Average Balance, RIC Participant$6,539Average Balance, Non-RIC Participant$4,361Total Count of Participants with a RIC Gap53Average RIC Gap $4,412Total Count of Participants with a RIC Surplus35Average RIC Surplus $4,019Average Income Replacement, RIC Participant83%Note - due to market volatility and COVID, the numbers might be low er than prior quarters.Since Inception for Currently Active Participants as of 6/30/20204/1/2020 - 6/30/202072 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.73 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.INVESTMENT OPTIONS1/1/2020 - 3/31/2020 % 4/1/2020 - 6/30/2020 %Change%TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$32,98014.6%$45,70517.2%$12,72538.6%TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$33,78114.9%$39,41314.8%$5,63316.7%TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$28,64112.7%$33,21912.5%$4,57916.0%TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$24,78311.0%$29,69111.1%$4,90819.8%TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$20,5999.1%$25,1359.4%$4,53622.0%TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$17,0047.5%$21,2398.0%$4,23524.9%TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$16,3967.3%$17,8996.7%$1,5039.2%TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$13,9866.2%$14,6465.5%$6614.7%TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$11,3435.0%$13,7685.2%$2,42521.4%TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$11,0394.9%$10,1293.8%($910)-8.2%TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$7,5553.3%$7,8002.9%$2453.2%TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$5,0302.2%$5,5972.1%$56711.3%GUARANTEED INCOME FUND$3,0021.3%$2,2010.8%($801) -26.7%Total Assets Contributed$226,138100.0%$266,444100.0%$40,30617.8%Contributions by FundOakland County 457(b) PTNE PlanPlan Summary74 INVESTMENT OPTIONSINOUTNETTIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$3,500$0$3,500TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$3,500$0$3,500TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$2,162($1,113)$1,049TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$2,044($2,162)($117)TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$0($164)($164)GUARANTEED INCOME FUND$5,978($7,000)($1,022)TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$0($1,880)($1,880)TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$0($4,866)($4,866)TOTAL$17,184($17,184)$04/1/2020 to 6/30/2020For 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 Transfers75 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 Taken1/1/2020 - 4/1/2020 -1/1/2020 - 4/1/2020 -Distribution Type3/31/2020 6/30/2020 Change % Change 3/31/2020 6/30/2020 Change % ChangeTermination$161,489 $110,286 ($51,202)-32%6649(17)-26%Death Distribution$19,752 $22,535 $2,78314%23150%Direct Transfer$3,791$0 ($3,791)-100%20(2)-100%Installment Payment$1,500$2,072$57238%363100%Required Minimum Distribution$1,531$0 ($1,531)-100%40(4)-100%Grand Total$188,063 $134,893 ($53,169)-28%7758(19)-25%# of WithdrawalsTermination - 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.Direct Transfer - Non-taxable transfer of participant assets from one type of tax-deferred retirement plan or account to another.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.Distribution Sub-TypeAge < 50 Age >= 50 TotalAge < 50 Age >= 50 TotalRollover$12,947 $18,824 $31,77110414Cash$25,431 $77,691 $103,122222244Grand Total$38,378 $96,515 $134,893322658Amount of Withdrawals Taken# of Withdrawals4/1/2020 - 6/30/202076 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 PptsDirect Transfer to 940080 $27,737 6 Fidelity $31,573 3 Fifth Third Bank$18,594 1 LPL$17,833 2ETC Custodian$17,352 1 Direct Transfer to 940080 $30,794 6 Prudential$12,401 2 NFS$3,235 2TD Ameritrade$16,840 1 PNC Investments$16,748 2 Charles Schwab$12,231 2 Primerica$2,251 1National Financial Services $8,546 1 Merrill Lynch$10,584 1 TD Ameritrade$6,768 2 Charles Schwab$2,184 1Merrill Lynch$7,151 1 Prudential$8,663 2 State of Michigan 401k Plan $5,845 2 E Trade$2,065 1Wells Fargo$7,045 1 Community Financial CU $7,051 1 Fidelity$4,987 2 Fidelity$1,227 2First Clearing $5,850 1 JP Morgan$4,979 1 Athene$4,427 1 TIAA$1,176 1Edward Jones$5,706 2 Morgan Stanley$3,143 1 Thrift Savings Plan$3,873 1 Prudential$624 1Transamerica$3,522 1 Genesys CU$3,104 1 Direct Transfer to 940080 $3,791 2 JP Morgan$518 1Vanguard$3,038 2 Great West$2,342 1 Merrill Lynch$3,469 2 Ally Bank$368 1JP Morgan$2,482 1 Thrift Savings Plan$2,106 1 Principal$3,244 1 Capital Bank & Trust$292 1Fidelity$2,303 2 Charles Schwab$1,360 1 USAA$2,957 1 Total$31,771 14LPL$2,202 1 First Bank$591 1 Edward Jones$1,809 1Morgan Stanley$1,896 1 Pershing$484 1 Raymond James$511 1Charles Schwab$1,602 1 Verde Capital Mgmt$44 1 Vanguard$332 1Genesys CU$1,548 1 Total$123,568 24 Total$85,238 22Citizens Bank$1,046 1Cimbas Partners Plan$556 1Total$116,422 2610/1/2019 - 12/31/20191/1/2020 - 3/31/20204/1/2020 - 6/30/20207/1/2019 - 9/30/201977 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 - 3/31/20204/1/2020 - 6/30/2020Call CenterUnique Callers1311269769Total Call Volume18418912594Participant WebsiteUnique Web Logins466461532425Total Web Logins4,0494,6715,3977,707Call Center Reason Category7/1/2019 - 9/30/201910/1/2019 - 12/31/20191/1/2020 - 3/31/20204/1/2020 - 6/30/2020Account Explanations38372222Allocation Changes & Exchange0011Contributions3310Disbursements1141238458Enrollments2010Forms0000Fund Information0002Hardships2000IFX0100IVR or Web Assistance1401Loans3331Other9624Payment Questions0000Plan Explanations0133Regen Reg Letter0000Status of Research0020Tax Information0041Website Processing121121Total1841891259478 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.79 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 25-3435-4445-5455-6465+Stable ValueAllocationLess than 25 25-34 35-44 45-54 55-64 65+ TotalParticipants Invested in Only One Fund 638 387 163 159 186 176 1,709Average # of Funds per Participant 1.3 1.4 1.3 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% 0.7% 0.5% 7.1% 3.9% 3.1%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 June 30, 2020Oakland County 457(b) PTNE PlanPlan SummaryFund Utilization By Age as of June 30, 2020Asset AllocationAsset ClassYour Plan Assets as of 6/30/2020 Your Plan % as of 6/30/2020Stable Value $346,626 3.1%Allocation $10,764,464 96.9%Total Participant Balances $11,111,089 100.0%80 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 June 30, 2020INVESTMENT OPTIONSBalance % Invested in Fund # of PptsPpts Using as Sole InvestmentTIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $1,855,905 16.7% 275 103TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $1,377,414 12.4% 294 51TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $1,102,762 9.9% 269 106TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $1,088,846 9.8% 303 73TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $1,012,224 9.1% 298 57TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $1,000,102 9.0% 391 192TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $698,9926.3% 218 102TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $686,3146.2% 196 91TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $682,0766.1% 217 107TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $510,7234.6% 320 101TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $506,2134.6% 873 621GUARANTEED INCOME FUND $346,626 3.1% 36 15TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $242,8932.2% 295 90Total$11,111,089 100.0%81 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%82 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 $2,393 $7,912 $7,823 $175,268 $153,230 $346,626Allocation$682,671 $1,448,670 $1,113,381 $1,450,872 $2,285,589 $3,783,280 $10,764,464Total Assets$682,671 $1,451,063 $1,121,293 $1,458,695 $2,460,857 $3,936,510 $11,111,089% of Assets6.1% 13.1% 10.1% 13.1% 22.1% 35.4% 100.0%Active Participants510233149183336353 1,764Terminated Participants34331485787398991Other Participants*121912128164Total Participants865566246273417452 2,819Avg Account Balance$789 $2,564 $4,558 $5,343 $5,901 $8,709 $3,942*Participant(s) who are not active, terminated or suspended, but have an account b alance greater than $0 (e.g. b reak-in-service, rehire, etc.).Asset Allocation by Age Group as of June 30, 2020 83 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$6,749$5,074$617$1,059 $46,650 $1,795,755 $1,855,905TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$0$345$2,620$485 $379,759 $994,205 $1,377,414TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$0$372$0$594,384 $393,147 $114,858 $1,102,762TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$0$363$0$207,227 $622,389 $258,868 $1,088,846TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$0$353$0$0 $641,073 $370,798 $1,012,224TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$10,657 $749,728 $130,696$831 $17,527 $90,663 $1,000,102TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$0$382 $171,649 $337,892 $125,449 $63,620 $698,992TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$0 $11,473 $455,727 $175,654$9,426 $34,034 $686,314TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$250 $203,692 $317,393 $108,053 $23,988 $28,700 $682,076TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$145,903$294,695 $30,726$6,478$4,629 $28,293 $510,723TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$416,379$66,349$3,953 $18,810$723$0 $506,213GUARANTEED INCOME FUND$0$2,393$7,912$7,823 $175,268 $153,230 $346,626TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$102,732$115,847$0$0 $20,827$3,487 $242,893Total Assets$682,671 $1,451,063 $1,121,293 $1,458,695 $2,460,857 $3,936,510 $11,111,089% of Assets6.1%13.1%10.1%13.1%22.1%35.4% 100.0%Total Participants8655662462734174522,819Avg. Account Balance$789$2,564$4,558$5,343$5,901$8,709$3,942Fund Allocation by Age Group as of June 30, 202084 INVESTMENT OPTIONSLess than 25 25-3435-4445-5455-6465+TotalTIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS 2913235223275TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS011171220294TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS01010015810269TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS0103119873303TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS0100136161298TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS20280731611391TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS0135119567218TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS03919246196TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS1691043544217TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS9519320255320TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS794711430873GUARANTEED INCOME FUND0341111736TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS1621280041295Total Participants8655662462734174522,819Average # of Funds Per Participant1.31.41.31.41.61.61.4Plan 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 Group as of June 30 , 202085 87Oakland 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 12/31/2019.86 Section IV: Forfeiture AccountOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only 87 Forfeiture Account 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.Forfeiture Account Activity – QuarterApril 1, 2020 through June 30, 2020Forfeiture Account Activity – Prior Year 2019Forfeiture Account Activity – Year to DateJanuary 1, 2020 through June 30, 2020SourceInvestmentBeginning Forfeiture BalanceAdditions ReductionsInvestment ResultsDividends / Capital GainsEnding Forfeiture Balance457B MATCHGuaranteed Income Fund 996.03 0.00 0.00 5.30 0.00 1,001.33EMPLOYER NONELECTIVE VESTING Guaranteed Income Fund 349,111.58 37,540.09 0.00 1,991.43 0.00 388,643.10 350,107.61 37,540.09 0.00 1,996.73 0.00 389,644.43Forfeiture Account 2Q2020 (4/1/20-6/30/20)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 2019SourceInvestmentBeginning Forfeiture BalanceAdditions ReductionsInvestment ResultsDividends / Capital GainsEnding Forfeiture Balance457B MATCHGuaranteed Income Fund 990.82 0.00 0.00 10.51 0.00 1,001.33EMPLOYER NONELECTIVE VESTING Guaranteed Income Fund 249,826.83 135,243.41 0.00 3,572.86 0.00 388,643.10 250,817.65 135,243.41 0.00 3,583.37 0.00 389,644.43Forfeiture Account YTD - 202088 90Oakland 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.89 Section V: Suspense AccountOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only 90 Suspense AccountOakland 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.Suspense Account Activity – QuarterApril 1, 2020 through June 30 , 2020SourceInvestmentBeginning Suspense BalanceAdditions ReductionsInvestment ResultsDividends / Capital GainsEnding Suspense BalanceEE MANDATORY PRETAXGuaranteed Income Fund 1,617.22 0.00 0.00 8.60 0.00 1,625.82EMPLOYER NONELECTIVE VESTING Guaranteed Income Fund 37,421.02 22,215.94 0.00 256.32 0.00 59,893.28 22,993.54 22,215.94 0.00 264.92 0.00 39,038.2491 93Oakland 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.92 Section VI: Service Standards GuaranteesOakland County Retirement PlansFor Plan Sponsor or Consultant Use Only 93 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 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 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% Hours of Operation: On Target Overall Service Level: 49% Overall Abandon Rate: 6.8% 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 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%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%100% 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%100% 94 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%100% Participant Satisfaction 80 percent rating of Satisfied to Highly Satisfied on a 4-point scale $1,400 per quarter Overall Customer Satisfaction: 92% Overall Customer Satisfaction: 91.22% *** Survey Data represents 10.5 weeks vs 13 weeks of data due to a technical challenge 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%100% 95 Section VII: Monthly Activity Report – Q2 2020Oakland County Retirement PlansFor Plan Sponsor or Consultant Use Only 96 Monthly Activity ReportOakland County Retirement PlansFor Plan Sponsor or Consultant Use Only Consultation OverviewMeeting ResultsMonthGroup Meetings Group Attendees Individual MeetingsTotal Participants ReachedApril0022May2234June223629Quarterly Totals4251135QuarterEnrollments Increases Beneficiary Goal Maker RolloverApril1002 1 ($17,346.07)May00 010($0)June00000 ($0)Quarterly Totals1003 1($17,346.07)97 280 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.