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Reports - 2021.02.18 - 34150
PLANSUMMARYOakland County Retirement PlansPresentedby: Stephanie Biddle, Vice President, Key AccountsAs Of: December 31, 2020 Report contains information up through the last business day of end period.For Plan Sponsor or Consultant Use Only 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 – Q3 2020Section VII: CommunicationsTable Of ContentsOakland County Retirement PlansFor Plan Sponsor or Consultant Use Only 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 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Historical Plan Statistics*Includes Rollovers**External Benchmark Source: PLANSPONSOR Defined Contribution Annual SurveyHistorical Plan Statistics12/31/201812/31/201912/31/20201/1/2018 - 12/31/20181/1/2019 - 12/31/20191/1/2020 - 12/31/2020Total Participants Balances $539,247,836 $657,548,996 $791,650,616Contributions*$23,074,652 $32,546,213 $34,810,230Distributions*($29,997,097) ($29,678,877) ($25,143,229)Cash Flow($6,922,444)$2,867,336 $9,667,001Account BalancesAverage Participant Balance $102,343 $123,414 $148,946National Average Benchmark** $97,903 $102,586 $103,108Participation / DeferralsParticipation Rate10.8% 11.7% 13.5%National Average Benchmark**79.3% 79.2% 78.9%Average Contribution Rate (%)4.6% 4.6% 4.7%National Average Benchmark**6.6% 6.8% 7.1%Total Participants with a Balance 5,269 5,328 5,315Asset Allocation% of Plan Assets in Stable Value 9.8% 9.9% 10.3%Prudential % of Plan Assets in Stable Value 24.5% 25.8% 22.1%% of Plan Assets for GoalMaker Participants 7.0% 17.1% 17.5%Participation Rate in GoalMaker4.1% 10.5% 11.1%Number of Participants in GoalMaker 218 560 588Number of Participants in One Fund 1,234 1,419 1,497Number of Participants in Four or More Funds 1,789 1,947 1,958DistributionsNumber of Distributions*1,718 2,337 2,228 Termination$23,972,466 $23,014,091 $16,090,761 Hardship$0 $0 $0 In Service$1,207,216 $565,212 $1,172,496 Coronavirus-Related Withdrawal $0 $0 $0 Subtotal of Termination, Hardship, Inservice, Coronavirus-Related Withdrawal $25,179,683 $23,579,303 $17,263,257Amount of Distributions Representing Rollovers $21,541,681 $17,079,028 $12,804,575% of Assets Distributed*5.6% 4.5% 3.2%LoansNumber of New Loans376 377 297Number of Outstanding Active Loans 1,106 1,083 1,094Average Loan Balance$7,326 $7,580 $7,437Oakland County 401(A) Employees Retirement System5 Oakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Plan SummaryPlan Demographics Summary12/31/2019 1/1/20191/1/2019-12/31/20191/1/2020-12/31/2020Total Participants* 5,328 5,315 Active Participants 3,595 3,585 Terminated Participants 1,625 1,610 Other Participants** 105 117 Multiple Status Participants*** 3 3Average Participant Balance $123,414 $148,946 Average Account Balance for Active Participants $140,172 $170,950Median Participant Balance $41,114 $54,319 Median Participant Balance for Active Participants $66,074 $83,088Participants Age 50 and Over 2,345 2,422 Total Assets for Participants Age 50 and Over $417,910,187 $514,375,595Total (Contributions + Rollovers In) $32,546,213 $34,810,230 Employee Contributions $9,017,045 $9,865,711 Employer Contributions $22,342,611 $24,282,123 Rollovers In $1,186,557 $662,396Total Distributions ($29,678,877) ($25,143,229)Percentage of Assets Distributed 4.5% 3.2%Market Value Gain / Loss**** $116,620,382 $125,097,015Total Participant Balances $657,548,996 $791,650,616*** 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 FeaturesGoalMaker12/31/2019 12/31/2020Plan Assets for Participants in GoalMaker $112,559,524 $138,785,524% of Plan Assets for GoalMaker Participants17.1% 17.5%# of Participants in GoalMaker560588 Participation Rate in GoalMaker10.5% 11.1% Prudential % of Participants in GoalMaker - As of 12/31/2019IncomeFlex12/31/2019 12/31/2020% of Plan Assets Invested in IncomeFlex Funds for IncomeFlex Participants49.4% 52.1%# of Participants in IncomeFlex102101 Participation Rate in IncomeFlex1.9%1.9%Prudential % of Participants in IncomeFlex - As of 12/31/2019Stable Value12/31/2019 12/31/2020Participation Rate in Stable Value24.2% 24.9%% of Plan Assets in Stable Value9.9% 10.3%Prudential % of Plan Assets in Stable Value - As of 12/31/201952.3%7.3%22.1%Participant Activity Call Center1/1/2019 - 12/31/20191/1/2020 - 12/31/2020Total Call Volume2,667 2,141Loans1/1/2019 - 12/31/20191/1/2020 - 12/31/2020Amount of New Loans Taken $3,862,172 $3,205,141# of New Loans377 297# of Outstanding Active Loans 1,083 1,094% of Participants have Outstanding Active Loans 10.8% 11.1%Prudential % of Participants have Outstanding Active Loans - As of 12/31/2019 13.6%Transaction SummaryTransactions1/1/2019 - 12/31/20191/1/2020 - 12/31/2020Total Enrollees* 360 179 Contribution Rate Increases for Active Participants** 184 170 Contribution Rate Decreases for Active Participants** 141 117Total Contribution Rate Changes** 325 287Number of Participants with Transfers 1,116 2,261Loan Initiations 377 297Distributions 2,337 2,228**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$148,946$73,876$89,180$102,586$103,108Median Account Balance$54,319$70,895$67,239$77,204$79,970% of Plan Assets in Stable Value10.3%22.1%0.0%NANAAverage # of Funds Held4.75.36.75.56.3% of 55+ Participants Utilizing IncomeFlex®4.1%9.5%0.0%NANA% of Participants Utilizing GoalMaker®11.1%52.3%0.0%NANA% of Participants have Outstanding Active Loans11.1%13.6%18.3%13.5%14.2%Average Loan Balance$7,437$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 AgeJanuary 1, 2020 to December 31, 2020Less than 25 25-3435-4445-5455-6465+TotalTotal Participant Balances$948,425 $31,018,729 $114,703,779 $287,871,083 $206,169,691 $150,938,909 $791,650,616% Assets0.1%3.9%14.5%36.4%26.0%19.1%100.0%Average Contribution Rate ($)$0$0$0$0$331$0$331Average Contribution Rate (%)4.3%4.4%4.3%4.7%5.3%7.8%4.7%Prudential Avg. Contribution Rate (%) as of 12/31/20195.0%6.0%6.8%8.0%9.6%11.3%7.6% Contributions$545,163 $6,154,605 $8,311,026 $11,649,540 $6,088,951 $1,398,549 $34,147,834 Rollovers In*$634 $180,054 $207,481 $246,126$3,373 $24,728 $662,396Total (Contributions + Rollovers In)$545,796 $6,334,659 $8,518,507 $11,895,666 $6,092,324 $1,423,277 $34,810,230 Cash Distributions$0 ($246,919) ($862,905) ($1,558,777) ($3,408,221) ($6,261,832) ($12,338,654) Rollovers Out$0 ($201,428) ($372,231) ($1,114,297) ($5,712,958) ($5,403,661) ($12,804,575)Total (Cash Distributions + Rollovers Out)$0 ($448,347) ($1,235,136) ($2,673,074) ($9,121,180) ($11,665,493) ($25,143,229)Net Activity$545,796 $5,886,312 $7,283,371 $9,222,593 ($3,028,856) ($10,242,216) $9,667,001Total Participants**1079291,1371,4541,0606305,317Average Account Balance$8,864 $33,389 $100,883 $197,986 $194,500 $239,586 $148,890Prudential Avg. Account Balance as of 12/31/2019$3,645 $16,118 $46,246 $89,262 $123,641 $125,460$73,876Median Account Balance$7,436 $24,571 $57,754 $133,304 $84,027 $72,969$54,319Prudential Median Account Balance as of 12/31/2019$4,531 $11,969 $31,729 $52,216 $78,108 $116,384$70,895High Balance$63,289 $258,810 $753,573 $1,343,298 $1,657,530 $3,098,593Low Balance$94$3$2$0.01$0.17$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 December 31, 2020Years of Service0-5 6-10 11-15 16-20 21-25 26-30 31-35 36-40 41-45 46-50 51-55 56-60Average Account Balance* $27,071 $73,392 $129,456 $219,997 $306,888 $391,554 $402,171 $510,336 $639,987 $872,588 $0 $3,098,593* 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 12/31/2020<=44 45-54 55-64 65+ Grand TotalParticipants Enrolled in IncomeFlex 9 22 36 34 101IncomeFlex AssetsAs of 12/31/2020, the participants invested in IncomeFlex have 52.1% of their total plan assets in these funds, with an average balance of $216,147.IncomeFlex UtilizationDuring the period of 1/1/2020 to 12/31/2020, the IncomeFlex participation rate was 1.9%.12 Plan ActivityOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.13 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.INVESTMENT OPTIONS1/1/2019 - 12/31/2019 % 1/1/2020 - 12/31/2020 %Change%TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$2,634,4668.4%$2,647,1127.8%$12,6470.5%TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$2,044,6296.5%$2,381,8877.0%$337,25816.5%TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$2,256,4067.2%$2,354,9056.9%$98,4994.4%TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$2,219,3467.1%$2,337,6606.9%$118,3145.3%TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$1,962,3656.3%$2,068,0446.1%$105,6795.4%TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$2,046,4756.5%$1,909,0875.6%($137,388)-6.7%GUARANTEED INCOME FUND$1,414,7914.5%$1,715,1845.0%$300,39321.2%JPMORGAN EQUITY INCOME FUND CLASS R5$1,300,5354.2%$1,590,9984.7%$290,46222.3%TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$1,595,4295.1%$1,575,0084.6%($20,421)-1.3%TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$1,546,3664.9%$1,557,3094.6%$10,9430.7%MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$1,048,0733.3%$1,414,5344.1%$366,46135.0%FIDELITY 500 INDEX FUND$1,212,6533.9%$1,176,1303.4%($36,523)-3.0%T. ROWE PRICE NEW HORIZONS FUND$828,2092.6%$1,097,4783.2%$269,26932.5%FIDELITY GROWTH COMPANY K6 FUND$00.0%$1,095,8853.2%$1,095,885n/aLARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$00.0%$1,042,4963.1%$1,042,496n/aPGIM TOTAL RETURN BOND FUND -CLASS Z$819,7012.6%$956,4292.8%$136,72816.7%TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$510,1901.6%$775,1152.3%$264,92551.9%EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$844,5222.7%$712,6532.1%($131,869) -15.6%TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$720,7782.3%$629,6961.8%($91,082) -12.6%FIDELITY EMERGING MARKETS INDEX FUND$434,1701.4%$563,2651.7%$129,09429.7%FIDELITY GROWTH COMPANY$1,058,2353.4%$531,9491.6%($526,285) -49.7%VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$382,3961.2%$456,3001.3%$73,90519.3%FIDELITY SMALL CAP INDEX FUND$471,1321.5%$429,6511.3%($41,481)-8.8%FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$327,5781.0%$411,0911.2%$83,51325.5%AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$391,0301.3%$336,2181.0%($54,813) -14.0%BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$00.0%$300,3730.9%$300,373n/aAMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$00.0%$246,0640.7%$246,064n/aTIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$233,6280.7%$230,3370.7%($3,292)-1.4%PIMCO INCOME FUND CLASS A$207,2040.7%$194,9010.6%($12,302)-5.9%FIDELITY PURITAN FUND$183,4710.6%$157,9960.5%($25,474) -13.9%FIDELITY CONTRAFUND FUND$1,267,5474.0%$147,4590.4%($1,120,088) -88.4%PGIM HIGH YIELD FUND- CLASS Z$148,3920.5%$128,2440.4%($20,149) -13.6%PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$118,9520.4%$123,6770.4%$4,7254.0%COHEN & STEERS REALTY SHARES FUND CLASS L$00.0%$122,9570.4%$122,957n/aFIDELITY MID CAP INDEX FUND$94,0780.3%$119,5250.4%$25,44627.0%BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES$00.0%$115,4800.3%$115,480n/aFIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$26,6000.1%$96,7060.3%$70,106263.6%FIDELITY INTERNATIONAL INDEX FUND$92,2560.3%$93,9180.3%$1,6621.8%DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$4,6780.0%$69,9540.2%$65,276 1395.5%BNY MELLON NATURAL RESOURCES FUND CLASS I$59,3800.2%$48,6700.1%($10,710) -18.0%BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I$276,8790.9%$46,9820.1%($229,897) -83.0%AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-6$268,3630.9%$35,2280.1%($233,135) -86.9%TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$44,6880.1%$30,6980.1%($13,990) -31.3%GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$1,3920.0%$20,6540.1%$19,262 1383.7%COHEN & STEERS INSTITUTIONAL REALTY SHARES$145,5510.5%$20,5820.1%($124,969) -85.9%COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$11,4500.0%$11,4330.0%($17)-0.1%COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$00.0%$11,2980.0%$11,298n/aVANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$00.0%$6,5190.0%$6,519n/aINVESCO SENIOR FLOATING RATE FUND CLASS Y$18,7950.1%$2,1000.0%($16,694) -88.8%PIMCO REAL RETURN FUND CLASS A$65,8990.2%$00.0%($65,899) -100.0%VANGUARD INTERNATIONAL EXPLORER FUND INVESTOR SHARES$20,9820.1%$00.0%($20,982) -100.0%Total Assets Contributed$31,359,656100.0%$34,147,834100.0%$2,788,1788.9%Contributions by FundOakland County 401(A) Employees Retirement SystemPlan Summary14 INVESTMENT OPTIONSINOUTNETLARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$51,599,006 ($8,143,328) $43,455,679BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES$23,673,970 ($1,233,875) $22,440,095FIDELITY GROWTH COMPANY K6 FUND$35,652,955 ($13,742,016) $21,910,939GUARANTEED INCOME FUND$33,634,764 ($14,546,917) $19,087,847BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$11,244,796 ($709,555) $10,535,241AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$6,317,204 ($873,968) $5,443,236COHEN & STEERS REALTY SHARES FUND CLASS L$3,933,823 ($631,986) $3,301,837FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$4,334,550 ($1,837,578) $2,496,972PGIM TOTAL RETURN BOND FUND -CLASS Z$5,454,402 ($3,410,975) $2,043,427PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$2,371,884 ($1,103,170) $1,268,714FIDELITY PURITAN FUND$2,041,945 ($956,066) $1,085,880PIMCO INCOME FUND CLASS A$2,063,282 ($1,001,021) $1,062,261TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$1,298,299 ($497,039) $801,260SELF DIRECTED BROKERAGE ACCOUNT$1,562,328 ($806,100) $756,229JPMORGAN EQUITY INCOME FUND CLASS R5$4,953,101 ($4,249,135)$703,965DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$1,836,779 ($1,147,365)$689,414COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$1,428,074 ($1,093,012) $335,062TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$267,653($523) $267,130VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$377,263 ($139,633) $237,630TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$1,134,833 ($913,893) $220,940COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$283,505($67,369)$216,136FIDELITY MID CAP INDEX FUND$889,350 ($724,082) $165,269VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$1,289,269 ($1,228,009)$61,260TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$1,668,980 ($1,633,003)$35,976TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$4,956($6,514)($1,558)FIDELITY EMERGING MARKETS INDEX FUND$1,291,775 ($1,313,345)($21,570)GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$49,267($84,173)($34,907)BNY MELLON NATURAL RESOURCES FUND CLASS I$633,625 ($698,269)($64,644)TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$153,452 ($226,220)($72,767)FIDELITY INTERNATIONAL INDEX FUND$183,240 ($306,503) ($123,263)PGIM HIGH YIELD FUND- CLASS Z$707,818 ($963,517) ($255,699)FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$1,055,598 ($1,349,431) ($293,833)INVESCO SENIOR FLOATING RATE FUND CLASS Y$11,286 ($497,728) ($486,443)TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$265,421 ($870,014) ($604,593)MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$2,729,449 ($3,360,613) ($631,164)TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$309,432 ($1,248,934) ($939,502)AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$677,753 ($1,797,503) ($1,119,749)TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$1,336,709 ($2,518,426) ($1,181,717)T. ROWE PRICE NEW HORIZONS FUND$5,817,113 ($7,095,576) ($1,278,463)FIDELITY SMALL CAP INDEX FUND$962,782 ($2,454,245) ($1,491,463)TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$829,046 ($2,329,226) ($1,500,179)TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$198,205 ($1,846,597) ($1,648,391)TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$274,311 ($2,061,465) ($1,787,154)FIDELITY 500 INDEX FUND$4,804,050 ($7,326,565) ($2,522,515)COHEN & STEERS INSTITUTIONAL REALTY SHARES$7,626 ($3,948,138) ($3,940,512)AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-6$19,194 ($5,810,698) ($5,791,504)BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I$144,997 ($9,529,314) ($9,384,317)EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$612,240 ($26,910,179) ($26,297,940)FIDELITY GROWTH COMPANY$3,511,054 ($32,086,967) ($28,575,912)FIDELITY CONTRAFUND FUND$393,728 ($48,966,367) ($48,572,640)TOTAL$226,296,145 ($226,296,145)$01/1/2020 to 12/31/2020For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Plan SummaryOakland County 401(A) Employees Retirement SystemInterfund Transfers15 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Participant Distribution StatisticsOakland County 401(A) Employees Retirement SystemPlan SummaryTotalAmount of Withdrawals Taken1/1/2019 - 1/1/2020 -1/1/2019 - 1/1/2020 -Distribution Type12/31/2019 12/31/2020 Change % Change 12/31/2019 12/31/2020 Change % ChangeTermination$23,014,091 $16,090,761($6,923,330)-30%671512(159)-24%Installment Payment$3,556,069 $4,030,860 $474,79213%1,3711,52715611%Death Distribution$1,483,600 $2,990,620 $1,507,020102%6854(14)-21%In-Service Withdrawal$565,212 $1,172,496 $607,284107%777700%QDRO$668,743 $559,190 ($109,553)-16%2826(2)-7%Required Minimum Distribution$390,883 $299,303 ($91,580)-23%12132(89)-74%Gross Adjustment$280$0($280)-100%10(1)-100%Grand Total$29,678,877 $25,143,229 ($4,535,648)-15%2,3372,228(109)-5%# of WithdrawalsTermination - A withdraw al that is taken when the participant is active and terminating from employment or is already in a 'Terminated' status.Installment Payment - An Installment distribution is a payment option that disburses funds over time (i.e. monthly, quarterly, yearly).Death Distribution - Distribution taken by a beneficiary. This could include required minimum distributions, installment payments, etc.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.Gross Adjustment - The total of all adjustments made to an account or plan in absolute terms, regardless of whether or not the adjustments were positive or negative. Distribution Sub-TypeAge < 50 Age >= 50 TotalAge < 50 Age >= 50 TotalRollover$872,153 $11,932,422 $12,804,575346296Cash$1,828,069 $10,510,585 $12,338,6541551,9772,132Grand Total$2,700,222 $22,443,007 $25,143,2291892,0392,228Amount of Withdrawals Taken# of Withdrawals1/1/2020 - 12/31/202016 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Rollover Distributions StatisticsOakland County 401(A) Employees Retirement SystemPlan SummaryRollover InstitutionRollover Distribution Amount# of PptsPershing $3,575,624 9Fidelity $1,932,846 15Charles Schwab $1,229,935 4TD Ameritrade $1,194,694 5Merrill Lynch $1,165,708 4Jackson National $807,922 3Wells Fargo $696,636 1JP Morgan $657,105 4Equity Trust Co $471,514 1LPL $404,301 4AEIS $382,184 1FBL Financial $338,203 1Sw eet Escape Ventures $312,207 1RBC Capital Markets $293,329 1Baird $270,382 1State of Michigan 401k Plan $240,710 3Molloy Financial $234,507 1Edward Jones $221,790 8Vanguard $215,427 5VantagePoint $190,318 6Raymond James $179,513 6Local Gov't Federal CU $177,972 1Thrift Savings Plan $160,936 4Russell Family Solo 401k Plan $159,739 1Thrivent Financial $155,136 2Morgan Stanley $153,618 2Flagstar Bank $143,015 2Vibe Credit Union $131,168 3AXA $127,387 2Mutual of America $117,011 1SBLI $108,165 1NFS $105,233 2TIAA $77,310 1Walled Lake School EFCU $67,182 1American Equity $50,000 1Genisys Credit Union $49,998 1Ameriprise $48,785 3Nationwide $40,998 2Capital Bank & Trust $39,476 1Pacific Life $35,299 11/1/2019 - 12/31/2019Rollover InstitutionRollover Distribution Amount# of PptsADP $30,677 1Great West $23,029 1AEIF $20,133 1PNC Bank $13,497 1Putnam $9,134 1Fifth Third Bank $8,236 1Oakland University 403B Plan $2,297 1Prudential$1,732 3Ascensus Trust$1,491 1Alerus Financial$1,373 1USAA$1,305 1Chemical Bank$1,190 1Voya$938 1Community Financial CU$362 1Primerica$355 1Total$17,079,028 1331/1/2019 - 12/31/2019Rollover InstitutionRollover Distribution Amount# of PptsRBC Capital Markets$2,126,729 1Fidelity$1,551,941 15Merrill Lynch$1,120,382 7Raymond James$967,941 3Charles Schwab$899,675 6Morgan Stanley$893,499 2TD Ameritrade$842,667 4NFS$750,337 4Oppenheimer$699,102 1Ameriprise$571,697 5New York Life$341,327 1Edward Jones$328,900 4Prudential$204,934 7Principal$203,950 3LPL$201,465 1Cetera Financial$172,665 1Hilltop Securities$130,134 1Security Benefit$101,473 2Lincoln$86,422 1Thrift Savings Plan$83,857 2Midland$81,055 1TSP$64,636 1Flagstar Bank$54,487 1Financial Trust Co$46,438 1T Rowe Price$40,027 1Citizens Bank$37,013 1Pershing$29,537 3Mass Mutual$27,630 1PNC Bank$24,949 1TIAA$19,950 3Midland$18,692 1TTE Jabil 401k$17,011 1Mutual of Omaha$15,593 1Equity Trust Co$15,000 1Vanguard$11,824 2Allianz$7,756 1Nationwide$6,993 2Transamerica$6,547 1APEX Clearing$338 1Total$12,804,575 961/1/2020 - 12/31/202017 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*107 929 1,137 1,454 1,060 630 5,317w/Loan4 60 173 217 107 27 5883.7%6.5%15.2%14.9%10.1%4.3%11.1%% of Participants With Withdrawal ActivityAs of 12/31/20201/1/2020 - 12/31/2020Average loan balance is $7,4374.4% initiated a new loanPrudential Book of Business Average is $7,754 as of 12/31/201911.1% of participants have outstanding active loans1.3% initiated In-Service Withdrawal13.6% Prudential Book of Business Average as of 12/31/201945.7% of participants with loans that have multiple loans28.6% Prudential Book of Business Average as of 12/31/201918 Participant Loan StatisticsFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers. Amount of Loans Taken # of Active LoansLoan Initiations1/1/2019-12/31/20191/1/2020-12/31/2020Change % Changeas of 12/31/2019as of 12/31/2020Change % ChangeGeneral Purpose $3,601,962 $3,084,181 ($517,781) (14%) 973 991 18 2%Residential $260,209 $120,960 ($139,250) (54%) 110 103 (7) (6%)Grand Total $3,862,172 $3,205,141 ($657,031) (17%) 1,083 1,094 11 1%1/1/2019-12/31/20191/1/2020-12/31/2020# of Outstanding Active Loans1,083 1,094# of New Loans377297Average Loan Balance$7,580 $7,437Total Outstanding Loan Balance $8,209,064 $8,136,114Oakland County 401(A) Employees Retirement SystemPlan SummaryCARES Loan Suspension Stats as of 12/31/2020# of Oustanding Active Loansas of 12/31/2020Participant Count13192138360436535Total5881/1/2019-12/31/20191/1/2020-12/31/2020# of Deemed Loans 79 40Total Deemed Principal Loan Balance $433,845 $271,170Loan CountTotal Loan Principal Due Amount Total Loan Interest Due Amount39$375,866.76$56,881.1219 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 the same 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). 1/1/2020 - 3/31/20204/1/2020 - 6/30/20207/1/2020 - 9/30/202010/1/2020 - 12/31/2020Call CenterUnique Callers372245285334Total Call Volume663416486576Participant WebsiteUnique Web Logins2,2781,8682,0691,993Total Web Logins37,323 44,772 46,145 36,195Call Center Reason Category1/1/2020 - 3/31/20204/1/2020 - 6/30/20207/1/2020 - 9/30/202010/1/2020 - 12/31/2020Account Explanations1359990124Allocation Changes & Exchange37171423Contributions13492Disbursements205110204232Enrollments8468Forms1813512Fund Information121267Hardships2311IFX8907IVR or Web Assistance2010811Loans85929282Other1812916Payment Questions0000Plan Explanations20244Regen Reg Letter1001Status of Research3131Tax Information22140Website Processing56273145Total66341648657620 Investment DiversificationOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.21 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.0%10%20%30%40%50%60%70%80%90%100%Less than 25 25-34 35-44 45-54 55-64 65+Stable ValueFixed Inc-DomesticFixed Inc-Glbl / InternationalAllocationEquity - U.S. LargeEquity - U.S. Mid/SmallEquity - Glbl / InternationalAlternative / OtherLess than 25 25-34 35-44 45-54 55-64 65+ TotalParticipants Invested in Only One Fund 83 323 361 323 242 165 1,497Average # of Funds per Participant 2.0 3.1 4.0 5.9 5.7 4.6 4.7Prudential Participants Avg. # of Funds per Participant as of 12/31/2019 5.5 5.5 5.5 5.5 5.3 4.2 5.3% of Plan Assets in Stable Value 0.3% 0.9% 2.3% 5.9% 13.9% 21.9% 10.3%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 December 31, 2020Oakland County 401(A) Employees Retirement SystemPlan SummaryFund Utilization By Age as of December 31, 2020Asset AllocationAsset ClassYour Plan Assets as of 12/31/2020Your Plan % as of 12/31/2020Stable Value $81,528,010 10.3%Fixed Inc-Domestic $51,594,962 6.5%Fixed Inc-Glbl / International $11,124,897 1.4%Allocation $284,556,243 35.9%Equity - U.S. Large $185,539,017 23.4%Equity - U.S. Mid/Small $88,623,448 11.2%Equity - Glbl / International $65,548,601 8.3%Alternative / Other $23,135,438 2.9%Total Participant Balances $791,650,616 100.0%22 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.The funds in boldtype denote inclusion in the GoalMaker®product.Oakland County 401(A) Employees Retirement SystemPlan SummaryUtilization by Fund as of December 31, 2020INVESTMENT OPTIONSBalance % Invested in Fund # of PptsPpts Using as Sole InvestmentGUARANTEED INCOME FUND$81,528,010 10.3% 1,324 107TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$69,402,8578.8%905269LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$61,799,9547.8%1,1604JPMORGAN EQUITY INCOME FUND CLASS R5$45,408,9335.7%1,3801TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$43,215,8685.5%755102FIDELITY GROWTH COMPANY K6 FUND$40,506,0985.1%1,36712FIDELITY 500 INDEX FUND$37,513,5254.7%1,03714TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$34,775,9634.4%53787PGIM TOTAL RETURN BOND FUND -CLASS Z$34,443,7524.4%1,1310MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$34,038,1484.3%1,0310BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES$26,897,5803.4%1,2930T. ROWE PRICE NEW HORIZONS FUND$26,075,5653.3%1,24221TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$23,769,1223.0%55889TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$23,580,0923.0%670121TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$22,885,2032.9%966143PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$21,830,8892.8%10114SELF DIRECTED BROKERAGE ACCOUNT$19,280,1072.4%894FIDELITY SMALL CAP INDEX FUND$13,077,7101.7%4701TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$12,614,2301.6%30550FIDELITY EMERGING MARKETS INDEX FUND$11,758,0291.5%9290BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$11,124,8971.4%6350VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$11,098,7441.4%1,0630FIDELITY PURITAN FUND$10,921,2751.4%5417AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$10,028,5681.3%8341TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$9,136,8821.2%606113FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$8,809,6651.1%9510TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$7,551,9861.0%476164AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$7,206,4710.9%3591PIMCO INCOME FUND CLASS A$6,585,7970.8%3070PGIM HIGH YIELD FUND- CLASS Z$4,481,4580.6%3200FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$3,452,4520.4%1692COHEN & STEERS REALTY SHARES FUND CLASS L$3,060,5120.4%3172FIDELITY MID CAP INDEX FUND$2,664,1840.3%1330DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$2,367,7920.3%2180TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$2,186,1360.3%207148FIDELITY INTERNATIONAL INDEX FUND$2,009,2940.3%2100TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$1,241,9620.2%8413COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$880,3460.1%520BNY MELLON NATURAL RESOURCES FUND CLASS I$794,8190.1%1460TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$563,4310.1%667GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$508,0920.1%490VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$310,5070.0%150COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$263,7130.0%420Total$791,650,616100.0%23 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 401(A) Employees Retirement SystemPlan SummaryInvestment UtilizationDue to rounding, bar graph may not equal 100%24 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 401(A) Employees Retirement SystemPlan SummaryActive/Suspended Terminated Active/Suspended Terminated Active/Suspended TerminatedLess than 25 3 0 0 0 4 1 825-34511714947735-445121080511245-54192575133021655-64261447734613465+5514116041Total63231562430616588Active/Suspended Terminated Active/Suspended Terminated Active/Suspended TerminatedLess than 25$22,359$0$0$0$59,487 $17,429 $99,27525-34$58,837 $19,964 $721,402 $4,650 $2,561,232 $74,069 $3,440,15435-44$238,606 $78,251 $3,878,797$0 $15,896,431 $254,689 $20,346,77345-54$5,472,684 $695,087 $14,259,749 $492,748 $39,470,136$0 $60,390,40355-64$5,305,109 $1,873,432 $17,395,565 $2,336,876 $10,729,149 $1,918,597 $39,558,72965+$1,317,975 $1,592,588 $5,553,635 $4,423,232 $2,062,761$0 $14,950,191Total$12,415,569 $4,259,322 $41,809,148 $7,257,506 $70,779,195 $2,264,784 $138,785,524Conservative ModerateAggressiveConservative ModerateAggressiveParticipant Age RangeTotalTotalParticipant Age Rangeaverage contribution rate (%) for active 4.5%GoalMaker participants1.7 Yearsaverage length of time GoalMakerparticipants have been enrolled in GoalMakeractively elected GoalMaker11.1%GoalMaker participation rate for those whoGoalMaker® Participationas of 12/31/20203/31/2020 6/30/2020 9/30/2020 12/31/2020Plan Assets for Participants in GoalMaker$100,304,219 $117,469,719 $126,511,855 $138,785,524# of Participants in GoalMaker 577 588 590 588Participation Rate in GoalMaker 10.8% 11.1% 11.1% 11.1%% of Plan Assets for GoalMaker Participants 17.7% 17.7% 17.8% 17.5%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 12/31/202012.0%35.4%52.6%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 Investor3/31/2020 6/30/2020 9/30/2020 12/31/2020Plan Assets for Participants in GoalMaker $0 $0 $0 $0# of Participants in GoalMaker 0 0 0 0 Participation Rate in GoalMaker0.0% 0.0% 0.0%0.0%% of Plan Assets for GoalMaker Participants0.0% 0.0% 0.0%0.0%Non-Default Investor3/31/2020 6/30/2020 9/30/2020 12/31/2020Plan Assets for Participants In GoalMaker $100,304,219 $117,469,719 $126,511,855 $138,785,524# of Participants in GoalMaker 577 588 590 588Participation Rate in GoalMaker 10.8% 11.1% 11.1% 11.1%% of Plan Assets for GoalMaker Participants 17.7% 17.7% 17.8% 17.5%Total3/31/2020 6/30/2020 9/30/2020 12/31/2020Plan Assets for Participants In GoalMaker $100,304,219 $117,469,719 $126,511,855 $138,785,524# of Participants in GoalMaker 577 588 590 588Participation Rate in GoalMaker 10.8% 11.1% 11.1% 11.1%% of Plan Assets for GoalMaker Participants 17.7% 17.7% 17.8% 17.5%Percentage of Assets byGoalMaker® Investor -As of 12/31/20200.0%100.0%Default InvestorNon-Default InvestorGoalMaker®Participation – Default vs Non-Default InvestorDue to rounding, pie chart may not equal 100%26 Plan SummaryOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Asset ClassLess than 25 25-34 35-44 45-54 55-6465+TotalStable Value$3,114 $278,572 $2,650,432 $16,894,836 $28,642,803 $33,058,253 $81,528,010Fixed Inc-Domestic$2,483 $277,254 $3,664,380 $18,764,515 $19,047,595 $9,838,734 $51,594,962Fixed Inc-Glbl / International$1,115 $46,723 $495,331 $3,812,285 $4,758,389 $2,011,054 $11,124,897Allocation$716,328 $21,061,448 $54,242,914 $89,982,869 $68,786,487 $49,766,197 $284,556,243Equity - U.S. Large$80,814 $3,948,392 $24,026,426 $79,357,456 $44,976,517 $33,149,412 $185,539,017Equity - U.S. Mid/Small$95,084 $3,563,416 $15,533,243 $38,795,805 $19,326,338 $11,309,562 $88,623,448Equity - Glbl / International$49,487 $1,726,891 $10,941,342 $30,898,074 $14,840,957 $7,091,850 $65,548,601Alternative / Other$0 $116,034 $3,149,710 $9,365,242 $5,790,606 $4,713,846 $23,135,438Total Assets$948,425 $31,018,729 $114,703,779 $287,871,083 $206,169,691 $150,938,909 $791,650,616% of Assets0.1%3.9% 14.5% 36.4% 26.0% 19.1% 100.0% Active Participants90736819 1,112664167 3,588 Terminated Participants13181295323364436 1,612 Other Participants*41223193227117Total Participants**107929 1,137 1,454 1,060630 5,317Avg Account Balance$8,864 $33,389 $100,883 $197,986 $194,500 $239,586 $148,890Asset Allocation by Age Group as of December 31, 202027 Plan SummaryOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.INVESTMENT OPTIONSLess than 25 25-3435-4445-5455-6465+TotalFIDELITY CONTRAFUND FUND$0$0$0$0$0$0$0FIDELITY GROWTH COMPANY$0$0$0$0$0$0$0EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$0$0$0$0$0$0$0GUARANTEED INCOME FUND$3,114 $278,572 $2,650,432 $16,894,836 $28,642,803 $33,058,253 $81,528,010TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$0$69,990 $8,105,679 $23,305,019 $19,785,201 $18,136,968 $69,402,857LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$2,621 $714,361 $6,565,623 $24,249,989 $15,117,179 $15,150,181 $61,799,954JPMORGAN EQUITY INCOME FUND CLASS R5$18,161 $897,023 $6,573,468 $19,258,811 $10,747,778 $7,913,692 $45,408,933TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$0$29,585 $5,998,131 $33,879,797 $2,501,794 $806,562 $43,215,868FIDELITY GROWTH COMPANY K6 FUND$39,789 $1,594,682 $6,138,039 $20,130,646 $8,733,974 $3,868,967 $40,506,098FIDELITY 500 INDEX FUND$20,147 $734,932 $4,749,296 $15,575,727 $10,220,120 $6,213,302 $37,513,525TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$0$0 $1,467,949 $6,006,418 $19,534,036 $7,767,559 $34,775,963PGIM TOTAL RETURN BOND FUND -CLASS Z$2,483$152,890 $1,875,445 $12,819,692 $12,585,552 $7,007,690 $34,443,752MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$23,947 $953,661 $5,596,205 $15,662,486 $7,577,817 $4,224,032 $34,038,148BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES$6,532 $377,132 $3,846,974 $12,176,348 $6,574,451 $3,916,144 $26,897,580BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I$0$0$0$0$0$0$0T. ROWE PRICE NEW HORIZONS FUND$68,949 $2,345,872 $5,772,163 $10,755,899 $4,559,814 $2,572,869 $26,075,565TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$0$72,585 $405,165 $16,125,743 $6,996,899 $168,730 $23,769,122TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$0$4,984$18,774,995 $4,783,082 $15,460$1,571 $23,580,092TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$19,729 $6,312,968 $15,612,125 $784,086 $87,283 $69,011 $22,885,203PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$42$33,233 $73,249 $1,302,986 $5,876,056 $14,545,323 $21,830,889SELF DIRECTED BROKERAGE ACCOUNT$0 $30,617 $2,538,469 $7,428,852 $4,908,834 $4,373,335 $19,280,107AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-6$0$0$0$0$0$0$0COHEN & STEERS INSTITUTIONAL REALTY SHARES$0$0$0$0$0$0$0FIDELITY SMALL CAP INDEX FUND$7,792 $205,175 $1,810,717 $5,658,452 $3,158,075 $2,237,499 $13,077,710TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$6,933$0$4,976$509,571 $9,587,668 $2,505,082 $12,614,230FIDELITY EMERGING MARKETS INDEX FUND$9,506 $460,239 $2,497,657 $5,727,340 $2,433,705 $629,582 $11,758,029BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$1,115$46,723 $495,331 $3,812,285 $4,758,389 $2,011,054 $11,124,897VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$5,547$312,801 $1,960,371 $4,902,720 $2,488,408 $1,428,897 $11,098,744FIDELITY PURITAN FUND$0 $19,824 $840,816 $2,860,610 $2,892,225 $4,307,801 $10,921,275AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$2,228$103,574 $1,577,815 $4,853,782 $2,264,031 $1,227,137 $10,028,568TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$15,005 $6,011,749 $2,820,622 $273,723 $15,784$0 $9,136,882FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$6,263$275,481 $1,768,960 $4,060,051 $1,854,135 $844,775 $8,809,665TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$19,280 $7,516,449 $13,738$2,520$0$0 $7,551,986AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$13,804 $128,047 $836,110 $3,416,082 $2,124,219 $688,209 $7,206,471PIMCO INCOME FUND CLASS A$0$58,292 $679,853 $2,351,617 $2,820,165 $675,869 $6,585,797PGIM HIGH YIELD FUND- CLASS Z$0$21,488 $365,868 $1,742,568 $1,546,342 $805,191 $4,481,458FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$0 $39,353 $520,302 $1,093,775 $1,099,721 $699,300 $3,452,452COHEN & STEERS REALTY SHARES FUND CLASS L$0$69,251 $499,169 $1,566,474 $710,679 $214,939 $3,060,512FIDELITY MID CAP INDEX FUND$0 $46,956 $374,059 $1,242,335 $691,455 $309,379 $2,664,184DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$0$4,654$159,201 $682,966 $889,945 $631,026 $2,367,792TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$655,340 $988,820 $115,466 $71,821 $354,688$0 $2,186,136FIDELITY INTERNATIONAL INDEX FUND$3 $72,936 $386,875 $1,109,934 $349,889 $89,658 $2,009,294INVESCO SENIOR FLOATING RATE FUND CLASS Y$0$0$0$0$0$0$0TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$0$0$0$0$336,794 $905,168 $1,241,962COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$0$1,263$8,022$70,324 $775,719 $25,019 $880,346BNY MELLON NATURAL RESOURCES FUND CLASS I$0$16,165 $112,072 $369,916 $171,093 $125,572 $794,819TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$0$0$1,980$7,169$26,878 $527,404 $563,431GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$0$8,433$46,681 $128,450 $91,296 $233,232 $508,092VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$96$7,393$0$142,283 $157,466$3,268 $310,507COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$0$577 $63,712 $73,897 $105,869 $19,658 $263,713Total Assets$948,425 $31,018,729 $114,703,779 $287,871,083 $206,169,691 $150,938,909 $791,650,616% of Assets0.1%3.9%14.5%36.4%26.0%19.1% 100.0%Total Participants1079291,1371,4541,0606305,317Avg. Account Balance$8,864 $33,389 $100,883 $197,986 $194,500 $239,586 $148,890Fund Allocation by Age Group as of December 31, 202028 INVESTMENT OPTIONSLess than 25 25-3435-4445-5455-6465+TotalFIDELITY CONTRAFUND FUND0000000FIDELITY GROWTH COMPANY0000000EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A0000000GUARANTEED INCOME FUND3501193814373341,324TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS018192311197187905LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND3731794262851951,161JPMORGAN EQUITY INCOME FUND CLASS R591262454983361671,381TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS011165933015755FIDELITY GROWTH COMPANY K6 FUND141372044793611731,368FIDELITY 500 INDEX FUND6541343652901891,038TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS00218737752537PGIM TOTAL RETURN BOND FUND -CLASS Z4621394153501621,132MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R381031723882391221,032BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES91092214943261351,294BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I0000000T. ROWE PRICE NEW HORIZONS FUND111612314303071031,243TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS03153621726558TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS0345920341670TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS63855561432966PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND135223634101SELF DIRECTED BROKERAGE ACCOUNT021536241289AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-60000000COHEN & STEERS INSTITUTIONAL REALTY SHARES0000000FIDELITY SMALL CAP INDEX FUND2338818011651470TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS1043318087305FIDELITY EMERGING MARKETS INDEX FUND911517935021561929BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A3387623920674636VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A9112202387257971,064FIDELITY PURITAN FUND0965190160119543AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E242151330207103835TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS2423173530606FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I910518035222679951TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS64661300476AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5426711379230360PIMCO INCOME FUND CLASS A012481368428308PGIM HIGH YIELD FUND- CLASS Z011471348643321FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND0912446936170COHEN & STEERS REALTY SHARES FUND CLASS L015691337822317FIDELITY MID CAP INDEX FUND01423503710134DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS0733976022219TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS931064130207FIDELITY INTERNATIONAL INDEX FUND11734785624210INVESCO SENIOR FLOATING RATE FUND CLASS Y0000000TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS0000117384COLUMBIA INCOME BUILDER FUND ADVISOR CLASS0141921752BNY MELLON NATURAL RESOURCES FUND CLASS I0523743311146TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS001875167GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS04111615349VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL13045215COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS0141219642Total Participants1079291,1371,4541,0606305,317Average # of Funds Per Participant2.03.14.05.95.74.64.7Plan SummaryOakland County 401(A) Employees Retirement SystemParticipant Count by Fund by Age Group as of December 31, 2020For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.29 30Oakland County 401(A) Employees Retirement SystemFor 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, and the Rock symbol 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.Plan Summary30 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 Rollovers**External Benchmark Source: PLANSPONSOR Defined Contribution Annual SurveyHistorical Plan Statistics12/31/201812/31/201912/31/20201/1/2018 - 12/31/20181/1/2019 - 12/31/20191/1/2020 - 12/31/2020Total Participants Balances $243,717,083 $297,855,179 $366,367,292Contributions*$8,682,454 $12,581,854 $12,532,899Distributions*($11,461,147) ($14,690,993) ($15,269,854)Cash Flow($2,778,693) ($2,109,139) ($2,736,954)Account BalancesAverage Participant Balance$76,568 $88,123 $106,813National Average Benchmark** $97,903 $102,586 $103,108Participation / DeferralsParticipation Rate65.3% 68.8% 69.6%National Average Benchmark**79.3% 79.2% 78.9%Average Contribution Rate (%)8.8% 8.3% 8.7%National Average Benchmark**6.6% 6.8% 7.1%Total Participants with a Balance 3,183 3,380 3,430Asset Allocation% of Plan Assets in Stable Value 12.7% 12.7% 13.3%Prudential % of Plan Assets in Stable Value 24.5% 25.8% 22.1%% of Plan Assets for GoalMaker Participants 5.2% 13.3% 14.1%Participation Rate in GoalMaker7.1% 17.8% 19.1%Number of Participants in GoalMaker 226 601 654Number of Participants in One Fund 1,146 1,114 1,116Number of Participants in Four or More Funds 1,403 1,694 1,737DistributionsNumber of Distributions*737 1,006 1,014 Termination$9,424,088 $12,116,403 $10,697,670 Hardship$16,318 $21,212 $0 In Service($25,386) ($13,865) $119,607 Coronavirus-Related Withdrawal $0 $0 $1,168,348 Subtotal of Termination, Hardship, Inservice, Coronavirus-Related Withdrawal $9,415,019 $12,123,751 $11,985,625Amount of Distributions Representing Rollovers $7,969,612 $9,141,072 $8,386,280% of Assets Distributed*4.7% 4.9% 4.2%LoansNumber of New Loans72 71 63Number of Outstanding Active Loans 317 281 252Average Loan Balance$7,205 $7,507 $7,10033 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 PlanCARES Act elections:Distribution elections implemented on June 19, 2020,Loan Suspension elections implemented on May 5, 2020:•Coronavirus Related (In Service) Distributions up to $25,000•Covid Related Loan Suspensions for existing & new loansCRD‐Corona Virus Related DistributionData is as of April 2020‐December 2020, except Loan Suspensions, this is noting loans still suspended as of December 31, 2020CARES Data12/31/2020CRDs 110CARES Act Loans Initiations 1CARES Act Loan Suspensions 8CRDs by Range12/31/2020Up to $5k 50$5,001-$10k 14$10,001-$25k 46CRDs by Status 12/31/2020 CRDsPPT CountTotal CRD12/31/2020Active101$1,075,504 Average$10,621Other2$24,379 Median$7,000Termed7$68,465 Total CRDs$1,168,348Total110$1,168,348CARES Act Loans Month InitiationTotal Count Total Amount Average Amount Median AmountJun1 $2,494$2,494$2,494Grand Total1 $2,494CARES Act Loan Suspensions as of 12/31/2020Total CountTotal Principal Due AmountTotal Interest Due Amount8 $105,110.67 $14,009.43CARES Act ActivityOakland County 457(b) Deferred Compensation Plan34 Oakland County 457(b) Deferred Compensation PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Plan SummaryPlan Demographics Summary12/31/2019 1/1/20191/1/2019-12/31/20191/1/2020-12/31/2020Total Participants* 3,380 3,430 Active Participants 2,565 2,592 Terminated Participants 715 746 Suspended Participants 7 5 Other Participants** 90 84 Multiple Status Participants*** 3 3Average Participant Balance $88,123 $106,813 Average Account Balance for Active Participants $74,079 $88,115Median Participant Balance $22,342 $27,398 Median Participant Balance for Active Participants $17,470 $20,944Participants Age 50 and Over 1,695 1,782 Total Assets for Participants Age 50 and Over $237,027,855 $294,808,785Total (Contributions + Rollovers In) $12,581,854 $12,532,899 Employee Contributions $10,965,715 $12,235,858 Rollovers In $1,616,140 $297,041Total Distributions ($14,690,993) ($15,269,854)Percentage of Assets Distributed 4.9% 4.2%Market Value Gain / Loss**** $57,863,376 $71,546,108Total Participant Balances $297,855,179 $366,367,292*** 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.35 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryPlan FeaturesGoalMaker12/31/2019 12/31/2020Plan Assets for Participants in GoalMaker $39,664,148 $51,613,203% of Plan Assets for GoalMaker Participants 13.3% 14.1%# of Participants in GoalMaker601 654 Participation Rate in GoalMaker 17.8% 19.1% Prudential % of Participants in GoalMaker - As of 12/31/2019IncomeFlex12/31/2019 12/31/2020% of Plan Assets Invested in IncomeFlex Funds for IncomeFlex Participants 23.0% 35.9%# of Participants in IncomeFlex21 24 Participation Rate in IncomeFlex 0.6% 0.7%Prudential % of Participants in IncomeFlex - As of 12/31/2019Auto Features12/31/2019 12/31/2020 % of Contributing Participants in Contribution Accelerator 6.7% 7.5%Prudential % of Contributing Participants in Contribution Accelerator - As of 12/31/2019Stable Value12/31/2019 12/31/2020Participation Rate in Stable Value 32.3% 33.6%% of Plan Assets in Stable Value 12.7% 13.3%Prudential % of Plan Assets in Stable Value - As of 12/31/201952.3%7.3%32.5%22.1%Participant Activity Call Center1/1/2019 - 12/31/20191/1/2020 - 12/31/2020Total Call Volume1,372 1,139Loans1/1/2019 - 12/31/20191/1/2020 - 12/31/2020Amount of New Loans Taken $866,291 $736,951# of New Loans71 63# of Outstanding Active Loans 281 252% of Participants have Outstanding Active Loans 6.6% 6.0%Prudential % of Participants have Outstanding Active Loans - As of 12/31/2019 13.6%Transaction SummaryTransactions1/1/2019 - 12/31/20191/1/2020 - 12/31/2020Total Enrollees* 344 138 Contribution Rate Increases for Active Participants** 1,305 1,135 Contribution Rate Decreases for Active Participants** 427 327Total Contribution Rate Changes** 1,732 1,462Number of Participants with Transfers 896 2,105Loan Initiations 71 63Distributions 1,006 1,014**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.36 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 37 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 Rate69.6%70.5%76.6%79.2%78.9%Average Contribution Rate (%)8.7%7.6%6.8%6.8%7.1%Average Account Balance$106,813$73,876$89,180$102,586$103,108Median Account Balance$27,398$70,895$67,239$77,204$79,970% of Plan Assets in Stable Value13.3%22.1%0.0%NANA% of Plan Assets in Day One FundsNA1.1%0.0%NANAAverage # of Funds Held5.35.36.75.56.3% of 55+ Participants Utilizing IncomeFlex®0.7%9.5%0.0%NANA% of Participants Utilizing GoalMaker®19.1%52.3%0.0%NANA% of Participants have Outstanding Active Loans6.0%13.6%18.3%13.5%14.2%Average Loan Balance$7,100$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.38 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryAsset Allocation/Net Activity By AgeJanuary 1, 2020 to December 31, 2020Less than 25 25-3435-4445-5455-6465+TotalTotal Participant Balances$144,783 $5,498,698 $24,737,663 $98,476,027 $122,773,774 $114,736,347 $366,367,292% Assets0.0%1.5%6.8%26.9%33.5%31.3%100.0%Average Contribution Rate ($)$73$102$136$197$239$387$186Average Contribution Rate (%)7.7%6.0%8.0%8.8%12.9%16.2%8.7%Prudential Avg. Contribution Rate (%) as of 12/31/20195.0%6.0%6.8%8.0%9.6%11.3%7.6% Contributions$88,325 $1,337,525 $2,160,599 $4,512,805 $3,271,909 $864,696 $12,235,858 Rollovers In*$7,643 $50,337 $84,244 $110,870 $30,471 $13,476 $297,041Total (Contributions + Rollovers In)$95,968 $1,387,862 $2,244,843 $4,623,675 $3,302,380 $878,172 $12,532,899 Cash Distributions($11,185) ($163,538) ($333,394) ($1,292,162) ($3,222,644) ($1,860,651) ($6,883,573) Rollovers Out$0 ($7,004) ($48,250) ($389,622) ($1,676,595) ($6,264,808) ($8,386,280)Total (Cash Distributions + Rollovers Out)($11,185) ($170,542) ($381,645) ($1,681,784) ($4,899,240) ($8,125,458) ($15,269,854)Net Activity$84,783 $1,217,319 $1,863,198 $2,941,891 ($1,596,860) ($7,247,287) ($2,736,954)Total Participants**404986351,0008014583,432Average Account Balance$3,620 $11,042 $38,957 $98,476 $153,276 $250,516 $106,750Prudential Avg. Account Balance as of 12/31/2019$3,645 $16,118 $46,246 $89,262 $123,641 $125,460$73,876Median Account Balance$2,203$5,223 $11,422 $42,200 $66,236 $105,394$27,398Prudential Median Account Balance as of 12/31/2019$4,531 $11,969 $31,729 $52,216 $78,108 $116,384$70,895High Balance$22,901 $179,159 $605,110 $1,317,538 $2,148,915 $3,311,179Low Balance$150$1$1$1$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 December 31, 2020Years of Service 0 - 5 6 - 10 11 - 15 16 - 20 21 - 25 26 - 30 31 - 35 36 - 40 41 - 45 46 - 50 51 -55 56-60Average Account Balance* $14,918 $30,015 $42,840 $70,314 $150,651 $211,856 $184,725 $234,163 $335,865 $888,470 $0 $1,476,602* Active Employees39 Retirement ReadinessOakland County 457(b) Deferred Compensation PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.40 Oakland County 457(b) Deferred Compensation PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Plan SummaryParticipation Rate As of December 31, 202012/31/201912/31/2020 Total Eligible To Contribute Population3,5973,597 Contributing (A)2,4752,505 Enrolled Not Contributing (B)126122 Eligible Not Enrolled (C)99697012/31/201912/31/2020Participation Rate *68.8%69.6% Prudential Book of Business 12/31/2019 Plan Sponsor Survey 2020 - National AverageEligible Not Enrolled – An individual who meets the requirements to join the plan, but has not enrolled in the plan (as of close of business on the last business day of the period).Contributing – Count of participants who are active/eligible and have a contribution rate (%) or amount ($) 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)69.6%3.4%27.0%ContributingEnrolled Not ContributingEligible Not EnrolledDue to rounding, pie chart may not equal 100%41 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 December 31, 2020by Location NameContributingEnrolled Not ContributingEligible Not Enrolled52/1 District Court371 12 74.0%52/2 District Court180 7 72.0%52/3 District Court201 22 46.5%52/4 District Court161 10 59.3%Animal Control151 5 71.4%Aviation & Transportation120 5 70.6%Board Of Commissioners260 13 66.7%Children’s Village Admin.772 99 43.3%Children's Village0020.0%Circuit Court214 10 142 58.5%Clerk/Register of Deeds531 27 65.4%Community & Home Improvement110 4 73.3%Community Corrections271 20 56.3%Compliance Office30 0 100.0%Corporation Counsel/Risk Management200 5 80.0%County Executive 591 18 75.6%Economic Dev & Comm Affairs30 4 42.9%Equalization672 7 88.2%Facilities 935 73 54.4%Health204 9 81 69.4%Homeland Security60 2 75.0%Housing Counsel & Homeless Services10 1 50.0%Human Resources332 0 94.3%IT958 24 74.8%Management & Budget/Fiscal Services693 14 80.2%Medical Examiner 151 3 78.9%LocationParticipantsParticipation Rate %12/31/2020ContributingEnrolled Not ContributingEligible Not EnrolledMSU Extension Administration10 4 20.0%Parks and Recreation503 22 66.7%Planning & Economic Development230 5 82.1%Probate Court232 20 51.1%Prosecuting Attorney105 2 47 68.2%Purchasing80 2 80.0%Sheriff539 22 92 82.5%Sheriff/Addison50 1 83.3%Sheriff/Brandon101 1 83.3%Sheriff/Commerce331 6 82.5%Sheriff/Highland131 2 81.3%Sheriff/Independence310 1 96.9%Sheriff/Lyon171 2 85.0%Sheriff/Oakland91 4 64.3%Sheriff/Orion310 2 93.9%Sheriff/Oxford141 2 82.4%Sheriff/Pontiac682 16 79.1%Sheriff/Rochester Hills563 2 91.8%Sheriff/Springfield100 0 100.0%Support Services210 8 72.4%Treasurer284 3 80.0%Veterans Services Admin80 6 57.1%Water Resources Commissioner203 11 118 61.1%Workforce Development40 2 66.7%#N/A1 18 2 4.8%Total2,505 122 970 69.6%LocationParticipantsParticipation Rate %12/31/202042 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 December 31, 2020by Participation Rate %ContributingEnrolled Not ContributingEligible Not EnrolledCompliance Office300 100.0%Sheriff/Springfield10 00 100.0%Sheriff/Independence31 01 96.9%Human Resources33 20 94.3%Sheriff/Orion31 02 93.9%Sheriff/Rochester Hills56 32 91.8%Equalization67 27 88.2%Sheriff/Lyon17 12 85.0%Sheriff/Addison501 83.3%Sheriff/Brandon10 11 83.3%Sheriff539 22 92 82.5%Sheriff/Commerce33 16 82.5%Sheriff/Oxford14 12 82.4%Planning & Economic Development23 05 82.1%Sheriff/Highland13 12 81.3%Management & Budget/Fiscal Services69 3 14 80.2%Corporation Counsel/Risk Management20 05 80.0%Purchasing802 80.0%Treasurer28 43 80.0%Sheriff/Pontiac68 2 16 79.1%Medical Examiner 15 13 78.9%County Executive 59 1 18 75.6%Homeland Security602 75.0%IT95 8 24 74.8%52/1 District Court37 1 12 74.0%Community & Home Improvement11 04 73.3%LocationParticipantsParticipation Rate %12/31/2020ContributingEnrolled Not ContributingEligible Not EnrolledSupport Services21 08 72.4%52/2 District Court18 07 72.0%Animal Control15 15 71.4%Aviation & Transportation12 05 70.6%Health204 9 81 69.4%Prosecuting Attorney105 2 47 68.2%Board Of Commissioners26 0 13 66.7%Parks and Recreation50 3 22 66.7%Workforce Development402 66.7%Clerk/Register of Deeds53 1 27 65.4%Sheriff/Oakland914 64.3%Water Resources Commissioner203 11 118 61.1%52/4 District Court16 1 10 59.3%Circuit Court214 10 142 58.5%Veterans Services Admin806 57.1%Community Corrections27 1 20 56.3%Facilities 93 5 73 54.4%Probate Court23 2 20 51.1%Housing Counsel & Homeless Services101 50.0%52/3 District Court20 1 22 46.5%Children’s Village Admin.77 2 99 43.3%Economic Dev & Comm Affairs304 42.9%MSU Extension Administration104 20.0%#N/A1 18 2 4.8%Children's Village0020.0%Total2,505 122 970 69.6%LocationParticipantsParticipation Rate %12/31/202043 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 Completions1,107Unique Completions694Contribution Rate Increase117Average Balance, RIC Participant$94,615Average Balance, Non-RIC Participant$86,130Average Contribution Rate, RIC Participant9.06%Average Contribution Rate, Non-RIC Participant8.10%Total Count of Participants w ith a RIC Gap1,073Average RIC Gap $2,996Total Count of Participants w ith a RIC Surplus497Average RIC Surplus $2,464Average Income Replacement, RIC Participant66%Average Income Replacement, Non-RIC Participant97%Note - due to market volatility and COVID, the numbers might be low er than prior quarters.1/1/2020 - 12/31/2020Since Inception for Currently Active Participants as of 12/31/202044 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 12/31/2020<=44 45-54 55-64 65+ Grand TotalParticipants Enrolled in IncomeFlex 6 9 3 6 24IncomeFlex AssetsAs of 12/31/2020, the participants invested in IncomeFlex have 35.9% of their total plan assets in these funds, with an average balance of $110,358.IncomeFlex UtilizationDuring the period of 1/1/2020 to 12/31/2020, the IncomeFlex participation rate was 0.7%.45 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 December 31, 202046 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) Deferred Compensation PlanPlan SummaryAuto Features (2 of 2)Number of Participants in both Auto Enrollment & Contribution Accelerator as of Reporting End Date: Total number of participants with an auto enrollment date as of end of reporting period, did not decline auto enrollment, and did not change any of their default options. In addition, these participants were enrolled or defaulted into Contribution Accelerator and still remain in the program as of the reporting end date.Number of Participants in Auto Enrollment Status: Total number of participants with an auto enrollment date as of end of reporting period, did not decline auto enrollment , and did not change any of their default options.Number of Participants That Were Auto Enrolled During the Reporting Period: Participants with an auto enrollment date between the beginning and end date of the reporting period. If a participant later declined auto enrollment or made a change to their default option(s), the participant is still included in this count because their auto enrollment date is within the reporting period.Auto Enrollment Default Options: A pre-selected set of choices made for the participant by the plan (contribution rate, investment(s), and asset allocation).Number of Auto Enrolled Participants Who Stopped Participating: Total number of individuals who were previously auto enrolled, but decided to set their contribution rate to 0% during the reporting period.Number of Auto Enrollment Declines: Total number of individuals who are active/eligible, but declined from being automatically enrolled into the Plan during the reporting period.Number of Contribution Accelerator Declines: Total number of individuals who are active/eligible, but declined from having their contribution rate automatically increased. This could include new enrollees or those who were previously enrolled in Contribution Accelerator at one time. For Opt-In Plans, this would also include participants who made a contribution rate change via Participant Website and decided not to select the “Activate” Contribution Accelerator prompt upon making their contribution rate change.Auto Features1/1/2020 - 12/31/2020 Number of Participants Enrolled Into Contribution Accelerator During the Reporting Period*45 Number of Participants That Declined Contribution Accelerator During the Reporting Period159 Number of Participants Enrolled Into Contribution Accelerator During the Reporting Period and Still Remain in the Program*41 Defaulted Into Contribution Accelerator*0 Opted Into Contribution Accelerator*41 Opted Into Contribution Accelerator at 1% Contribution Increment*33 Opted Into Contribution Accelerator at >1% Contribution Increment8* Includes participants with Contribution Accelerator Increment Amounts ($) if applicable on the planContribution Accelerator47 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.48 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.INVESTMENT OPTIONS1/1/2019 - 12/31/2019 % 1/1/2020 - 12/31/2020 %Change%FIDELITY 500 INDEX FUND$1,166,12410.6%$1,140,2879.3%($25,837)-2.2%FIDELITY GROWTH COMPANY K6 FUND$00.0%$913,6987.5%$913,698n/aGUARANTEED INCOME FUND$824,1477.5%$864,9877.1%$40,8405.0%JPMORGAN EQUITY INCOME FUND CLASS R5$608,1605.6%$773,9846.3%$165,82427.3%T. ROWE PRICE NEW HORIZONS FUND$528,3284.8%$641,2505.2%$112,92221.4%MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$416,3043.8%$630,0335.2%$213,72951.3%TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$452,3854.1%$528,3514.3%$75,96716.8%TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$528,3154.8%$503,5344.1%($24,781)-4.7%TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$507,7354.6%$495,6994.1%($12,035)-2.4%PGIM TOTAL RETURN BOND FUND -CLASS Z$438,0694.0%$490,7624.0%$52,69312.0%FIDELITY GROWTH COMPANY$1,095,05610.0%$419,8073.4%($675,249) -61.7%TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$408,1523.7%$377,8093.1%($30,343)-7.4%TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$318,9192.9%$353,4272.9%$34,50710.8%TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$313,0342.9%$343,6582.8%$30,6249.8%FIDELITY EMERGING MARKETS INDEX FUND$231,9442.1%$315,6032.6%$83,65936.1%TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$239,4052.2%$310,0262.5%$70,62129.5%FIDELITY PURITAN FUND$359,3313.3%$309,9702.5%($49,361) -13.7%VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$248,8702.3%$289,2062.4%$40,33616.2%AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$294,8002.7%$278,0622.3%($16,739)-5.7%FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$202,0821.8%$238,6612.0%$36,58018.1%EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$252,4982.3%$236,3701.9%($16,128)-6.4%LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$00.0%$211,9761.7%$211,976n/aTIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$123,0381.1%$176,6031.4%$53,56543.5%FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$120,6641.1%$166,3611.4%$45,69737.9%FIDELITY SMALL CAP INDEX FUND$150,5141.4%$157,7471.3%$7,2324.8%BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$00.0%$143,8261.2%$143,826n/aFIDELITY INTERNATIONAL INDEX FUND$91,6850.8%$99,8230.8%$8,1398.9%FIDELITY MID CAP INDEX FUND$80,9160.7%$99,6440.8%$18,72823.1%AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$00.0%$89,0230.7%$89,023n/aTIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$54,1530.5%$81,3830.7%$27,23050.3%COHEN & STEERS REALTY SHARES FUND CLASS L$00.0%$76,3030.6%$76,303n/aPIMCO INCOME FUND CLASS A$51,8520.5%$65,1260.5%$13,27425.6%PGIM HIGH YIELD FUND- CLASS Z$55,0980.5%$62,0110.5%$6,91312.5%GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$2,7550.0%$39,4010.3%$36,646 1330.0%TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$26,8990.3%$38,7980.3%$11,89944.2%BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES$00.0%$38,7980.3%$38,798n/aCOLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$00.0%$35,2180.3%$35,218n/aPRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$42,0180.4%$28,7430.2%($13,275)-31.6%COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$24,2160.2%$26,0330.2%$1,8187.5%FIDELITY CONTRAFUND FUND$230,5332.1%$25,4690.2%($205,064) -89.0%TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$56,5890.5%$22,7520.2%($33,837)-59.8%TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$36,6470.3%$21,0580.2%($15,589)-42.5%BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I$129,6421.2%$19,0070.2%($110,635) -85.3%DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$8970.0%$16,6940.1%$15,796 1760.2%COHEN & STEERS INSTITUTIONAL REALTY SHARES$81,8510.8%$10,6480.1%($71,203) -87.0%BNY MELLON NATURAL RESOURCES FUND CLASS I$16,8760.2%$10,4660.1%($6,410)-38.0%AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-6$60,3940.6%$9,7480.1%($50,645)-83.9%INVESCO SENIOR FLOATING RATE FUND CLASS Y$48,5450.4%$5,0440.0%($43,501) -89.6%VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$00.0%$2,9730.0%$2,973n/aVANGUARD INTERNATIONAL EXPLORER FUND INVESTOR SHARES$37,3510.3%$00.0%($37,351) -100.0%PIMCO REAL RETURN FUND CLASS A$8,9230.1%$00.0%($8,923) -100.0%Total Assets Contributed$10,965,715100.0%$12,235,858100.0%$1,270,14411.6%Contributions by FundOakland County 457(b) Deferred Compensation PlanPlan Summary49 INVESTMENT OPTIONSINOUTNETFIDELITY GROWTH COMPANY K6 FUND$51,881,635 ($8,958,062) $42,923,573GUARANTEED INCOME FUND$19,479,935 ($7,735,626) $11,744,309LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$10,124,167 ($1,852,953) $8,271,213BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES$5,202,839 ($349,245) $4,853,593BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$4,879,794 ($645,439) $4,234,355COHEN & STEERS REALTY SHARES FUND CLASS L$2,578,596 ($551,864) $2,026,732AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$1,660,919 ($186,077) $1,474,842FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$2,690,359 ($1,263,930) $1,426,429PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$1,636,556 ($345,235) $1,291,321COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$1,476,027 ($434,939) $1,041,088JPMORGAN EQUITY INCOME FUND CLASS R5$1,923,856 ($1,356,351) $567,505DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$675,884 ($157,101) $518,783TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$1,283,644 ($902,179) $381,465TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$767,585 ($442,661) $324,925PGIM TOTAL RETURN BOND FUND -CLASS Z$2,674,441 ($2,376,645) $297,796VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$411,949 ($114,718) $297,232SELF DIRECTED BROKERAGE ACCOUNT$617,235 ($343,854) $273,381PIMCO INCOME FUND CLASS A$796,838 ($633,628) $163,210MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$1,177,978 ($1,024,584) $153,394FIDELITY EMERGING MARKETS INDEX FUND$493,261 ($453,960)$39,301GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$43,963($39,532)$4,432TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$27,119($32,094)($4,975)TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$50,261($72,517)($22,256)BNY MELLON NATURAL RESOURCES FUND CLASS I$85,153 ($108,731)($23,578)TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$254($32,604)($32,350)COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$156,237 ($197,679)($41,441)TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$340,307 ($410,828)($70,520)TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$24,067 ($128,374) ($104,307)TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$278,603 ($407,438) ($128,835)FIDELITY INTERNATIONAL INDEX FUND$153,352 ($311,027) ($157,675)TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$94,789 ($275,187) ($180,398)TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$15,466 ($280,606) ($265,140)TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$125,789 ($406,492) ($280,704)FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$406,080 ($717,160) ($311,080)FIDELITY MID CAP INDEX FUND$281,464 ($627,470) ($346,006)PGIM HIGH YIELD FUND- CLASS Z$229,098 ($651,834) ($422,736)TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$91,047 ($545,075) ($454,029)VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$467,917 ($984,301) ($516,384)FIDELITY SMALL CAP INDEX FUND$315,724 ($887,088) ($571,364)FIDELITY PURITAN FUND$968,967 ($1,722,692) ($753,725)AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$177,497 ($1,074,889) ($897,392)T. ROWE PRICE NEW HORIZONS FUND$2,465,935 ($3,643,109) ($1,177,174)INVESCO SENIOR FLOATING RATE FUND CLASS Y$7,641 ($1,252,155) ($1,244,514)AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-6$12,178 ($1,362,922) ($1,350,744)FIDELITY 500 INDEX FUND$2,536,236 ($4,266,575) ($1,730,338)COHEN & STEERS INSTITUTIONAL REALTY SHARES$11,360 ($2,545,361) ($2,534,001)BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I$105,818 ($3,946,702) ($3,840,885)EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A$299,893 ($6,043,087) ($5,743,193)FIDELITY CONTRAFUND FUND$145,238 ($8,419,757) ($8,274,519)FIDELITY GROWTH COMPANY$1,029,664 ($51,858,281) ($50,828,617)TOTAL$123,380,614 ($123,380,614)$01/1/2020 to 12/31/2020For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Plan SummaryOakland County 457(b) Deferred Compensation PlanInterfund Transfers50 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 Taken1/1/2019 - 1/1/2020 -1/1/2019 - 1/1/2020 -Distribution Type12/31/2019 12/31/2020 Change% Change 12/31/2019 12/31/2020 Change % ChangeTermination$12,116,403 $10,697,670 ($1,418,733)-12%344238(106)-31%Death Distribution$763,940 $1,778,724 $1,014,783133%3936(3)-8%Installment Payment$994,959 $1,240,753 $245,79425%5136028917%Coronavirus-Related Withdrawal$0 $1,168,348 $1,168,348n/a0110110n/aRequired Minimum Distribution$722,218 $264,752 ($457,466)-63%9725(72)-74%In-Service Withdrawal-$13,865 $119,607 $133,472-963%32(1)-33%QDRO$86,095$0 ($86,095)-100%20(2)-100%Hardship Withdrawal$21,212$0 ($21,212)-100%70(7)-100%Gross Adjustment$30$0($30)-100%1100%Grand Total$14,690,993 $15,269,854 $578,8604%1,0061,01481%# 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.Required Minimum Distribution - Minimum amounts that a participant must withdraw annually upon reaching a certain age or retirement. This would exclude any beneficiary or QDRO accounts.In-Service Withdrawal - A distribution that is taken while the participant is still active, before termination from employment.QDRO - Distribution taken by the recipient of a QDRO. This could include required minimum distributions, installment payments, etc.Hardship Withdraw al - A distribution which is requested by a participant because of an immediate and heavy financial need that cannot be satisfied from other resources.Gross Adjustment - The total of all adjustments made to an account or plan in absolute terms, regardless of whether or not the adjustments were positive or negative. Distribution Sub-TypeAge < 50 Age >= 50 TotalAge < 50 Age >= 50 TotalRollover$126,887 $8,259,394 $8,386,280123850Cash$1,013,776 $5,869,797 $6,883,573104860964Grand Total$1,140,663 $14,129,191 $15,269,8541168981,014Amount of Withdrawals Taken# of Withdrawals1/1/2020 - 12/31/202051 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 InstitutionRollover Distribution Amount# of Ppts Rollover InstitutionRollover Distribution Amount# of PptsFidelity $1,996,328 12 Fidelity $3,867,146 11Merrill Lynch $1,188,891 3 Raymond James $1,078,075 4TD Ameritrade $1,152,224 6 Oppenheimer $664,472 1Fifth Third Bank $580,746 1 RBC Capital Markets $532,779 1NFS $449,501 2 LPL $417,354 2Putnam $430,728 1 Charles Schwab $415,420 3Pershing $406,896 3 NFS $292,137 2Molloy Financial $364,321 1 Prudential $272,891 4Morgan Stanley $323,105 4 Merrill Lynch$168,136 2Thrivent Financial $255,484 2 Allianz $136,307 1JP Morgan $244,654 4 Pershing $115,311 2Prudential $240,539 2 Ameriprise $101,553 5Baird $233,460 1 Vibe CU $94,952 1Jackson National $169,648 1 Principal $52,176 2Equity Trust Co $149,038 1 Equitable $50,215 1Vibe CU $144,518 1 TSP $46,713 1LPL $127,761 3 T Rowe Price $43,063 1RBC Capital Markets $124,558 1 Edward Jones $21,628 2FBL Financial $121,332 1 TIAA $14,414 3Russell Family Solo 401k Plan $76,761 1 E Trade $1,538 1Genesys CU$69,594 1 Total $8,386,280 50Raymond James $61,720 3VantagePoint $52,962 5Charles Schwab $47,858 2Thrift Savings Plan $38,163 1Voya $27,104 1PNC Bank $17,819 1AXA $15,471 1Edward Jones $12,102 1Vanguard $8,708 1AEIS $4,394 1USAA $2,119 1Ameriprise $1,331 1Flagstar Bank $733 1Walled Lake School EFCU $500 1Total $9,141,072 731/1/2019 - 12/31/2019 1/1/2020 -12/31/202052 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*40 498 635 1,000 801 458 3,432w/Loan0 9 39 84 62 10 2040.0%1.8%6.1%8.4%7.7%2.2%5.9%% of Participants With Withdrawal ActivityAs of 12/31/20201/1/2020 - 12/31/2020Average loan balance is $7,1001.6% initiated a new loanPrudential Book of Business Average is $7,754 as of 12/31/20195.9% of participants have outstanding active loans0.1% initiated In-Service Withdrawal13.6% Prudential Book of Business Average as of 12/31/201923.5% of participants with loans that have multiple loans28.6% Prudential Book of Business Average as of 12/31/201953 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 Initiations1/1/2019-12/31/20191/1/2020-12/31/2020Change % Changeas of 12/31/2019as of 12/31/2020Change % ChangeGeneral Purpose $847,491 $731,951 ($115,540) (14%) 247 221 (26) (11%)Residential $18,800 $5,000 ($13,800) (73%) 34 31 (3) (9%)Grand Total $866,291 $736,951 ($129,340) (15%) 281 252 (29) (10%)1/1/2019-12/31/20191/1/2020-12/31/2020# of Outstanding Active Loans281252# of New Loans7163Average Loan Balance$7,507 $7,100Total Outstanding Loan Balance $2,109,467 $1,789,121Oakland County 457(b) Deferred Compensation PlanPlan Summary# of Oustanding Active Loansas of 12/31/2020Participant Count1156248Total204Deemed Loans1/1/2019-12/30/20191/1/2020-12/31/2020# of Deemed Loans 6 4Total Deemed Principal Loan Balance $42,636 $24,08954 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 the same 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). 1/1/2020 - 3/31/20204/1/2020 - 6/30/20207/1/2020 - 9/30/202010/1/2020 - 12/31/2020Call CenterUnique Callers210174174213Total Call Volume312252273302Participant WebsiteUnique Web Logins2,1171,7241,9251,850Total Web Logins35,058 41,656 43,821 33,993Call Center Reason Category1/1/2020 - 3/31/20204/1/2020 - 6/30/20207/1/2020 - 9/30/202010/1/2020 - 12/31/2020Account Explanations74434650Allocation Changes & Exchange811910Contributions8439Disbursements12092122143Enrollments52126Forms0010Fund Information2724Hardships1625IFX0020IVR or Web Assistance5741Loans31524041Other7999Payment Questions0000Plan Explanations10441Regen Reg Letter0000Status of Research3131Tax Information7000Website Processing31141422Total31225227330255 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.56 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.0%10%20%30%40%50%60%70%80%90%100%Less than 25 25-34 35-44 45-54 55-64 65+Stable ValueFixed Inc-DomesticFixed Inc-Glbl / InternationalAllocationEquity - U.S. LargeEquity - U.S. Mid/SmallEquity - Glbl / InternationalAlternative / OtherLess than 25 25-34 35-44 45-54 55-64 65+ TotalParticipants Invested in Only One Fund 16 223 231 276 224 146 1,116Average # of Funds per Participant 4.5 4.9 5.1 5.8 5.7 4.6 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 6.7% 1.3% 2.5% 6.1% 16.8% 18.5% 13.3%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 December 31, 2020Oakland County 457(b) Deferred Compensation PlanPlan SummaryFund Utilization By Age as of December 31, 2020Asset AllocationAsset ClassYour Plan Assets as of 12/31/2020Your Plan % as of 12/31/2020Stable Value $48,687,792 13.3%Fixed Inc-Domestic $25,226,926 6.9%Fixed Inc-Glbl / International $4,506,315 1.2%Allocation $77,619,422 21.2%Equity - U.S. Large $134,015,038 36.6%Equity - U.S. Mid/Small $37,466,864 10.2%Equity - Glbl / International $26,049,959 7.1%Alternative / Other $12,794,974 3.5%Total Participant Balances $366,367,292 100.0%57 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 December 31, 2020INVESTMENT OPTIONSBalance % Invested in Fund # of PptsPpts Using as Sole InvestmentFIDELITY GROWTH COMPANY K6 FUND$71,241,799 19.4% 1,574 43GUARANTEED INCOME FUND$48,687,792 13.3% 1,152 132FIDELITY 500 INDEX FUND$35,828,246 9.8% 954 24T. ROWE PRICE NEW HORIZONS FUND$17,387,081 4.7% 1,385 35FIDELITY PURITAN FUND$16,345,644 4.5% 485 25PGIM TOTAL RETURN BOND FUND -CLASS Z$15,552,237 4.2% 1,025 2JPMORGAN EQUITY INCOME FUND CLASS R5$14,667,609 4.0% 1,203 2TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $13,277,623 3.6% 165 71LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND $11,923,698 3.3% 644 7SELF DIRECTED BROKERAGE ACCOUNT$10,763,875 2.9% 111 6TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $10,149,052 2.8% 140 85MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$9,756,256 2.7% 763 0TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $7,429,934 2.0% 203 102AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E $7,156,529 2.0% 680 1BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES$5,818,047 1.6% 968 1TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $5,501,043 1.5% 159 98VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$5,324,021 1.5% 1,157 1TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $5,133,782 1.4% 180 112FIDELITY EMERGING MARKETS INDEX FUND$4,542,670 1.2% 1,030 0BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$4,506,315 1.2% 584 0FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$4,469,342 1.2% 1,116 0FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND $4,444,355 1.2% 225 4TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $4,304,958 1.2% 57 23TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $4,174,078 1.1% 69 16FIDELITY SMALL CAP INDEX FUND$3,117,059 0.9% 215 0PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND $2,648,598 0.7% 24 2TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $2,636,474 0.7% 70 9TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $2,575,499 0.7% 142 100FIDELITY INTERNATIONAL INDEX FUND$2,122,771 0.6% 292 0AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5 $1,967,906 0.5% 342 1COHEN & STEERS REALTY SHARES FUND CLASS L $1,835,805 0.5% 169 4PGIM HIGH YIELD FUND- CLASS Z$1,785,384 0.5% 202 3PIMCO INCOME FUND CLASS A$1,757,762 0.5% 91 2TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $1,561,941 0.4% 135 107FIDELITY MID CAP INDEX FUND$1,351,314 0.4% 129 3COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS $851,829 0.2% 78 0DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS $835,359 0.2% 49 0COLUMBIA INCOME BUILDER FUND ADVISOR CLASS $801,889 0.2% 64 0TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $670,043 0.2% 95 72GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS $503,826 0.1% 70 0TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $408,864 0.1% 37 23VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL $353,686 0.1% 10 0BNY MELLON NATURAL RESOURCES FUND CLASS I $195,294 0.1% 56 0Total$366,367,292 100.0% 058 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%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 SummaryActive/Suspended Terminated Active/Suspended Terminated Active/Suspended TerminatedLess than 25 4 0 1 0 6 1 1225-3410125266110535-448030193113345-54182614140022555-64191342654513965+7412710040Total6620171203698654Active/Suspended Terminated Active/Suspended Terminated Active/Suspended TerminatedLess than 25$5,830$0$3,607$0$28,945 $3,416 $41,79825-34$47,744 $1,092 $185,513 $1,289 $754,318$385 $990,34135-44$33,272$0 $760,466$548 $4,247,242 $96,407 $5,137,93545-54$1,657,264 $218,881 $5,469,009 $97,069 $16,378,159$0 $23,820,38355-64$3,298,669 $1,938,876 $3,585,783 $774,301 $4,782,723 $291,966 $14,672,31965+$1,132,285 $704,500 $2,271,547 $1,155,574 $1,686,521$0 $6,950,427Total$6,175,064 $2,863,350 $12,275,926 $2,028,781 $27,877,909 $392,174 $51,613,203Conservative ModerateAggressiveConservative ModerateAggressiveParticipant Age RangeTotalTotalParticipant Age Rangeaverage contribution rate (%) for active 8.3%GoalMaker participants1.7 Yearsaverage length of time GoalMakerparticipants have been enrolled in GoalMakeractively elected GoalMaker19.1%GoalMaker participation rate for those whoGoalMaker® Participationas of 12/31/20203/31/2020 6/30/2020 9/30/2020 12/31/2020Plan Assets for Participants in GoalMaker $36,602,812 $43,067,234 $47,394,583 $51,613,203# of Participants in GoalMaker 633 640 647 654Participation Rate in GoalMaker 18.5% 18.7% 18.9% 19.1%% of Plan Assets for GoalMaker Participants 14.1% 14.0% 14.3% 14.1%Prudential Book of Business For Plans Offering GoalMaker – As of 12/31/2019The participation rate in GoalMaker is 52.3%.The percentage of plan assets for GoalMaker participants is 21.7%. Percentage of Assets by GoalMaker® Participation Portfolio - As of 12/31/202017.5%27.7%54.8%ConservativeModerateAggressiveDue to rounding, pie chart may not equal 100%60 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 Investor3/31/2020 6/30/2020 9/30/2020 12/31/2020Plan Assets for Participants in GoalMaker $0 $0 $0 $0# of Participants in GoalMaker 0 0 0 0 Participation Rate in GoalMaker0.0% 0.0% 0.0%0.0%% of Plan Assets for GoalMaker Participants0.0% 0.0% 0.0%0.0%Non-Default Investor3/31/2020 6/30/2020 9/30/2020 12/31/2020Plan Assets for Participants In GoalMaker $36,602,812 $43,067,234 $47,394,583 $51,613,203# of Participants in GoalMaker 633 640 647 654Participation Rate in GoalMaker 18.5% 18.7% 18.9% 19.1%% of Plan Assets for GoalMaker Participants 14.1% 14.0% 14.3% 14.1%Total3/31/2020 6/30/2020 9/30/2020 12/31/2020Plan Assets for Participants In GoalMaker $36,602,812 $43,067,234 $47,394,583 $51,613,203# of Participants in GoalMaker 633 640 647 654Participation Rate in GoalMaker 18.5% 18.7% 18.9% 19.1%% of Plan Assets for GoalMaker Participants 14.1% 14.0% 14.3% 14.1%Percentage of Assets byGoalMaker® Investor -As of 12/31/20200.0%100.0%Default InvestorNon-Default InvestorGoalMaker®Participation – Default vs Non-Default InvestorDue to rounding, pie chart may not equal 100%61 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$9,680 $69,572 $615,915 $6,028,408 $20,680,664 $21,283,554 $48,687,792Fixed Inc-Domestic$1,607 $148,738 $1,155,467 $6,759,775 $10,747,677 $6,413,662 $25,226,926Fixed Inc-Glbl / International$398 $12,453 $81,500 $1,492,337 $1,922,419 $997,207 $4,506,315Allocation$48,020 $1,810,047 $5,239,539 $17,489,609 $26,922,851 $26,109,356 $77,619,422Equity - U.S. Large$26,432 $1,797,568 $8,524,269 $36,957,283 $40,944,532 $45,764,954 $134,015,038Equity - U.S. Mid/Small$37,866 $964,830 $4,687,439 $13,364,148 $10,839,136 $7,573,445 $37,466,864Equity - Glbl / International$20,558 $672,167 $3,082,856 $10,774,621 $7,097,467 $4,402,289 $26,049,959Alternative / Other$222 $23,323 $1,350,677 $5,609,846 $3,619,027 $2,191,880 $12,794,974Total Assets$144,783 $5,498,698 $24,737,663 $98,476,027 $122,773,774 $114,736,347 $366,367,292% of Assets0.0%1.5%6.8% 26.9% 33.5% 31.3% 100.0% Active Participants38456565871542123 2,595 Terminated Participants03610273783 Suspended Participants0011125 Other Participants*23963118231296749Total Participants**40498635 1,000801458 3,432Avg Account Balance$3,620 $11,042 $38,957 $98,476 $153,276 $250,516 $106,750*Participant(s) who are not active, terminated or suspended, but have an account balance greater than $0 (e.g. break-in-service, rehire, etc.).**Total column for participant count is a sum of participants across each age group. E.g. If a participant has both a main account and beneficiaryaccount within different age groups (decedent's date of birth), that participant will be counted twice.Asset Allocation by Age Group as of December 31, 202062 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 K6 FUND$13,638 $647,619 $4,065,469 $18,554,248 $21,269,842 $26,690,983 $71,241,799GUARANTEED INCOME FUND$9,680 $69,572 $615,915 $6,028,408 $20,680,664 $21,283,554 $48,687,792FIDELITY 500 INDEX FUND$799 $651,099 $1,950,791 $9,319,769 $12,142,005 $11,763,783 $35,828,246T. ROWE PRICE NEW HORIZONS FUND$26,529 $506,985 $2,176,736 $5,407,333 $5,916,886 $3,352,612 $17,387,081FIDELITY PURITAN FUND$0$8,265 $285,186 $3,594,923 $5,040,863 $7,416,407 $16,345,644PGIM TOTAL RETURN BOND FUND -CLASS Z$940 $91,949 $424,036 $4,420,051 $6,617,780 $3,997,481 $15,552,237JPMORGAN EQUITY INCOME FUND CLASS R5$8,313$348,501 $1,779,382 $5,729,125 $3,808,810 $2,993,478 $14,667,609TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$327$4,213 $50,373 $1,644,856 $5,502,634 $6,075,220 $13,277,623LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND$3,682 $150,304 $728,626 $3,267,025 $3,464,486 $4,309,575 $11,923,698SELF DIRECTED BROKERAGE ACCOUNT$0 $10,363 $1,120,811 $4,915,310 $2,823,881 $1,893,510 $10,763,875TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$0$0$27,189 $529,851 $8,025,615 $1,566,396 $10,149,052MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3$10,265 $261,809 $1,384,609 $4,943,269 $2,195,260 $961,044 $9,756,256TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$0$8,079$290,399 $3,752,679 $3,039,698 $339,079 $7,429,934AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E$340 $150,160 $633,711 $2,271,117 $2,032,971 $2,068,229 $7,156,529BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES$2,641 $102,475 $684,682 $2,578,191 $1,443,676 $1,006,384 $5,818,047TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$0$13,941 $651,559 $3,458,687 $1,221,452 $155,405 $5,501,043VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A$2,496$146,996 $578,219 $2,003,790 $1,306,277 $1,286,243 $5,324,021TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$0$44,530 $1,498,286 $2,679,761 $632,518 $278,687 $5,133,782FIDELITY EMERGING MARKETS INDEX FUND$4,187 $169,887 $676,017 $2,236,454 $1,070,245 $385,881 $4,542,670BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A$398 $12,453 $81,500 $1,492,337 $1,922,419 $997,207 $4,506,315FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I$2,720$110,609 $627,515 $2,060,120 $1,051,721 $616,656 $4,469,342FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND$0 $40,104 $427,107 $600,871 $2,135,836 $1,240,438 $4,444,355TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$0$0$0$11,669 $1,679,890 $2,613,399 $4,304,958TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$0$0$29,773 $228,478 $535,175 $3,380,652 $4,174,078FIDELITY SMALL CAP INDEX FUND$3,201 $68,701 $434,908 $864,360 $715,644 $1,030,245 $3,117,059PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND$0$751$4,694 $600,873 $159,957 $1,882,323 $2,648,598TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$0$3,209$24,609 $148,913 $396,309 $2,063,434 $2,636,474TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$1,076$317,442 $1,712,625 $524,272 $12,644$7,441 $2,575,499FIDELITY INTERNATIONAL INDEX FUND$15 $23,637 $185,071 $527,530 $635,763 $750,754 $2,122,771AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5$5,750$64,938 $153,271 $674,264 $963,565 $106,118 $1,967,906COHEN & STEERS REALTY SHARES FUND CLASS L$222 $12,621 $213,777 $636,390 $692,930 $279,865 $1,835,805PGIM HIGH YIELD FUND- CLASS Z$667$6,485 $71,699 $410,249 $811,893 $484,390 $1,785,384PIMCO INCOME FUND CLASS A$0$7,488$213,585 $783,999 $543,505 $209,186 $1,757,762TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$5,817$656,378 $605,379 $85,545 $208,820$3 $1,561,941FIDELITY MID CAP INDEX FUND$279 $29,063 $185,380 $450,354 $404,932 $281,305 $1,351,314COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS$0$2,407$15,304 $113,483 $275,801 $444,833 $851,829DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS$0$305$3,735 $431,122 $362,863 $37,334 $835,359COLUMBIA INCOME BUILDER FUND ADVISOR CLASS$0$0$20,490 $174,682 $275,806 $330,912 $801,889TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$13,701 $610,682 $30,350 $11,932$3,378$0 $670,043GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS$0$1,735$50,179 $121,987 $199,663 $130,263 $503,826TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$27,099 $142,559$8,627 $42,488 $188,092$0 $408,864VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL$0$45$0$87,116 $259,390$7,135 $353,686BNY MELLON NATURAL RESOURCES FUND CLASS I$0$339 $16,088 $58,146 $102,216 $18,505 $195,294Total Assets$144,783 $5,498,698 $24,737,663 $98,476,027 $122,773,774 $114,736,347 $366,367,292% of Assets0.0%1.5%6.8%26.9%33.5%31.3% 100.0%Total Participants404986351,0008014583,432Avg. Account Balance$3,620 $11,042 $38,957 $98,476 $153,276 $250,516 $106,750Fund Allocation by Age Group as of December 31, 202063 INVESTMENT OPTIONSLess than 25 25-3435-4445-5455-6465+TotalFIDELITY GROWTH COMPANY0000000FIDELITY GROWTH COMPANY K6 FUND181782525373902001,575GUARANTEED INCOME FUND9761232894032521,152FIDELITY 500 INDEX FUND3101135314246156955FIDELITY CONTRAFUND FUND0000000EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A0000000T. ROWE PRICE NEW HORIZONS FUND182312704523091061,386FIDELITY PURITAN FUND1745153157124487PGIM TOTAL RETURN BOND FUND -CLASS Z71311533202921231,026JPMORGAN EQUITY INCOME FUND CLASS R5161892393902691011,204TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS116346162165LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND69911719515177645SELF DIRECTED BROKERAGE ACCOUNT0218433414111BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I0000000TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS005209619140MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R31211914726617050764TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS0318967313203COHEN & STEERS INSTITUTIONAL REALTY SHARES0000000AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E29813021016081681BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES1212419133423474969TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS042612082160VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A14195228366259961,158TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS06897681180FIDELITY EMERGING MARKETS INDEX FUND13189215340215581,030BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A5487121019160585FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I14185228368243791,117FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND01326637351226TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS0003223257TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS0057114669AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-60000000INVESCO SENIOR FLOATING RATE FUND CLASS Y0000000FIDELITY SMALL CAP INDEX FUND22939665425215PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND02493624TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS02813153270TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS230931232142FIDELITY INTERNATIONAL INDEX FUND16371774832292AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5573721087411343COHEN & STEERS REALTY SHARES FUND CLASS L11432574619169PGIM HIGH YIELD FUND- CLASS Z21327676231202PIMCO INCOME FUND CLASS A05123828992TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS47842641135FIDELITY MID CAP INDEX FUND11118483715130COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS03821252178DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS0222220450COLUMBIA INCOME BUILDER FUND ADVISOR CLASS00919241264TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS286322095GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS05161922870TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS722413037VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL01062110BNY MELLON NATURAL RESOURCES FUND CLASS I03101918656Total Participants404986351,0008014583,432Average # of Funds Per Participant4.54.95.15.85.74.65.3Plan SummaryOakland County 457(b) Deferred Compensation PlanParticipant Count by Fund by Age Group as of December 31, 2020For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.64 35Oakland 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, and the Rock symbol 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 12/31/2019.65 Section III:Oakland County 457(b) PTNE PlanPlan Summary – 940090Oakland County 457(b) PTNE PlanFor Plan Sponsor or Consultant Use Only 66 Plan SummaryOakland County 457(b) PTNE PlanFor Plan Sponsor or Consultant Use Only 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.Historical Plan Statistics*Includes Rollovers**External Benchmark Source: PLANSPONSOR Defined Contribution Annual SurveyHistorical Plan Statistics12/31/201812/31/201912/31/20201/1/2018 - 12/31/20181/1/2019 - 12/31/20191/1/2020 - 12/31/2020Total Participants Balances $9,012,721 $10,965,303 $12,968,382Contributions*$1,176,194 $1,319,119 $1,145,217Distributions*($982,840) ($1,048,654) ($673,259)Cash Flow$193,355 $270,465 $471,959Account BalancesAverage Participant Balance$3,639 $3,922 $4,446National Average Benchmark** $97,903 $102,586 $103,108Participation / DeferralsTotal Participants with a Balance 2,477 2,796 2,917Asset Allocation% of Plan Assets in Stable Value 2.8% 2.9% 2.9%Prudential % of Plan Assets in Stable Value 24.5% 25.8% 22.1%Number of Participants in One Fund 1,192 1,650 1,847Number of Participants in Four or More Funds 10 8 8DistributionsNumber of Distributions*634 455 251 Termination$838,718 $929,691 $594,663 Hardship$0 $0 $0 In Service$0 $0($814) Coronavirus-Related Withdrawal $0 $0 $0 Subtotal of Termination, Hardship, Inservice, Coronavirus-Related Withdrawal $838,718 $929,691 $593,849Amount of Distributions Representing Rollovers $239,247 $392,085 $279,478% of Assets Distributed*10.9% 9.6% 5.2%68 Oakland County 457(b) PTNE PlanFor Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Plan SummaryPlan Demographics Summary12/31/2019 1/1/20191/1/2019-12/31/20191/1/2020-12/31/2020Total Participants* 2,796 2,917 Active Participants1,8321,750 Terminated Participants9021,106 Other Participants**6261Average Participant Balance$3,922$4,446 Average Account Balance for Active Participants$4,307$5,150Median Participant Balance$1,816$2,007 Median Participant Balance for Active Participants$1,692$2,132Participants Age 50 and Over1,0051,038 Total Assets for Participants Age 50 and Over$6,836,920 $8,234,418Total (Contributions + Rollovers In)$1,319,119 $1,145,217 Employee Contributions$1,090,470 $875,294 Employer Contributions$228,649 $183,290 Rollovers In$0$86,633Total Distributions($1,048,654) ($673,259)Percentage of Assets Distributed9.6%5.2%Market Value Gain / Loss****$1,682,118 $1,617,754Total Participant Balances$10,965,303 $12,968,382****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.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 SummaryPlan FeaturesStable Value12/31/2019 12/31/2020Participation Rate in Stable Value1.2%1.4%% of Plan Assets in Stable Value2.9%2.9%Prudential % of Plan Assets in Stable Value - As of 12/31/201922.1%Participant Activity Call Center1/1/2019 - 12/31/20191/1/2020 - 12/31/2020Total Call Volume728462Transaction SummaryTransactions1/1/2019 - 12/31/20191/1/2020 - 12/31/2020Total Enrollees* 601 281Number of Participants with Transfers 21 25Distributions 455 251*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.70 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Oakland County 457(b) PTNE PlanPlan SummaryAsset Allocation/Net Activity By AgeJanuary 1, 2020 to December 31, 2020Less than 25 25-3435-4445-5455-6465+TotalTotal Participant Balances$803,948 $1,814,029 $1,338,543 $1,771,259 $2,706,013 $4,534,589 $12,968,382% Assets6.2%14.0%10.3%13.7%20.9%35.0%100.0% Contributions$157,652 $90,813 $93,491 $152,503 $283,927 $280,198 $1,058,584 Rollovers In*$0$0$0$0 $86,633$0$86,633Total (Contributions + Rollovers In)$157,652 $90,813 $93,491 $152,503 $370,560 $280,198 $1,145,217 Cash Distributions($29,618) ($72,630) ($24,402) ($32,588) ($115,353) ($119,190) ($393,781) Rollovers Out($16,926) ($32,328) ($35,940) ($23,786) ($40,402) ($130,096) ($279,478)Total (Cash Distributions + Rollovers Out)($46,544) ($104,959) ($60,342) ($56,374) ($155,755) ($249,285) ($673,259)Net Activity$111,109 ($14,146) $33,149 $96,129 $214,805 $30,913 $471,959Total Participants8496242742874164672,917Average Account Balance$947$2,907$4,885$6,172$6,505$9,710$4,446Prudential Avg. Account Balance as of 12/31/2019$3,645 $16,118 $46,246 $89,262 $123,641 $125,460$73,876Median Account Balance$523$2,243$2,903$3,026$3,828$7,242$2,007Prudential 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.71 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.72 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 Completions55Unique Completions47Average Balance, RIC Participant$7,709Average Balance, Non-RIC Participant$4,920Total Count of Participants w ith a RIC Gap48Average RIC Gap $4,448Total Count of Participants w ith a RIC Surplus39Average RIC Surplus $4,084Average Income Replacement, RIC Participant93%Note - due to market volatility and COVID, the numbers might be low er than prior quarters.1/1/2020 - 12/31/2020Since Inception for Currently Active Participants as of 12/31/202073 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.74 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.INVESTMENT OPTIONS1/1/2019 - 12/31/2019 % 1/1/2020 - 12/31/2020 %Change%TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$264,61320.1%$181,71517.2%($82,898) -31.3%TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$192,96014.6%$145,31913.7%($47,641) -24.7%TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$151,16411.5%$128,23812.1%($22,926) -15.2%TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$154,12411.7%$119,24011.3%($34,884) -22.6%TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$102,1617.7%$94,0128.9%($8,149)-8.0%TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$77,7165.9%$78,3167.4%$6000.8%TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$94,8707.2%$69,0976.5%($25,773) -27.2%TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$73,7465.6%$60,8325.8%($12,914) -17.5%TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$58,3904.4%$53,6595.1%($4,730)-8.1%TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$60,1434.6%$42,7034.0%($17,440) -29.0%TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$43,8013.3%$36,9023.5%($6,900) -15.8%TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$26,5092.0%$35,9313.4%$9,42235.5%GUARANTEED INCOME FUND$18,9211.4%$12,6201.2%($6,301) -33.3%Total Assets Contributed$1,319,119100.0%$1,058,584100.0%($260,535) -19.8%Contributions by FundOakland County 457(b) PTNE PlanPlan Summary75 INVESTMENT OPTIONSINOUTNETGUARANTEED INCOME FUND$117,891($27,629)$90,262TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$30,600($3,900)$26,699TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$20,402($1,123)$19,279TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$16,337($8,006)$8,330TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$6,540($6,443)$97TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$5,370($7,072)($1,701)TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$5,146($8,241)($3,095)TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$1,156($8,857)($7,701)TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$4,813($16,658)($11,845)TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$0($14,749)($14,749)TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$0($21,153)($21,153)TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$9,154($32,100)($22,946)TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$0($61,478)($61,478)TOTAL$217,409 ($217,409)$01/1/2020 to 12/31/2020For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.Plan SummaryOakland County 457(b) PTNE PlanInterfund Transfers76 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 Taken1/1/2019 - 1/1/2020 -1/1/2019 - 1/1/2020 -Distribution Type12/31/2019 12/31/2020 Change % Change 12/31/2019 12/31/2020 Change % ChangeTermination$929,691 $594,663 ($335,028)-36%372213(159)-43%Direct Transfer$71,407$3,791 ($67,616)-95%172(15)-88%Death Distribution$22,540 $64,637 $42,097187%68233%Installment Payment$10,600$7,778 ($2,822)-27%1721424%Required Minimum Distribution$14,409$1,531 ($12,879)-89%424(38)-90%QDRO$0$1,673 $1,673n/a011n/aGross Adjustment$7$0($7)-100%10(1)-100%In-Service Withdrawal$0-$814($814)n/a022n/aGrand Total$1,048,654 $673,259 ($375,396)-36%455251(204)-45%# of WithdrawalsTermination - A withdraw al that is taken when the participant is active and terminating from employment or is already in a 'Terminated' status.Direct Transfer - Non-taxable transfer of participant assets from one type of tax-deferred retirement plan or account to another.Death Distribution - Distribution taken by a beneficiary. This could include required minimum distributions, installment payments, etc.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.QDRO - Distribution taken by the recipient of a QDRO. This could include required minimum distributions, installment payments, etc.Gross Adjustment - The total of all adjustments made to an account or plan in absolute terms, regardless of whether or not the adjustments were positive or negative. In-Service Withdrawal - A distribution that is taken while the participant is still active, before termination from employment.Distribution Sub-TypeAge < 50 Age >= 50 TotalAge < 50 Age >= 50 TotalRollover$89,806 $189,672 $279,478392968Cash$147,540 $246,241 $393,7819489183Grand Total$237,345 $435,914 $673,259133118251Amount of Withdrawals Taken# of Withdrawals1/1/2020 - 12/31/202077 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 PptsFidelity $31,573 3Direct Transfer to 940080 $30,794 6PNC Investments $16,748 2Merrill Lynch$10,584 1Prudential $8,663 2Community Financial CU $7,051 1JP Morgan $4,979 1Morgan Stanley $3,143 1Genesys CU $3,104 1Great West $2,342 1Thrift Savings Plan $2,106 1Charles Schwab $1,360 1First Bank $591 1Pershing $484 1Verde Capital Mgmt $44 1Direct Transfer to 940080 $27,737 6ETC Custodian $17,352 1TD Ameritrade $16,840 1National Financial Services $8,546 1Merrill Lynch $7,151 1Wells Fargo $7,045 1First Clearing $5,850 1Edward Jones $5,706 2Transamerica $3,522 1Vanguard $3,038 2JP Morgan $2,482 1Fidelity $2,303 2LPL $2,202 1Morgan Stanley $1,896 1Charles Schwab $1,602 1Genesys CU $1,548 1Citizens Bank $1,046 1Cimbas Partners Plan $556 1Fidelity $1,625,455 8AEIS $382,184 1FBL Financial $338,203 1Baird $270,382 1Vanguard $193,602 3Local Gov't Federal CU $177,972 1Pershing $174,784 21/1/2019 - 12/31/2019Rollover InstitutionRollover Distribution Amount# of PptsVibe Credit Union $129,155 2Mutual of America $117,011 1Thrift Savings Plan $116,503 1Genesys CU$49,998 1Ameriprise$46,000 1Edward Jones$42,846 3Pacific Life$35,299 1ADP$30,677 1VantagePoint $18,115 1Merrill Lynch$11,268 1Putnam$9,134 1Thrivent Financial$7,736 1Alerus Financial$1,373 1Raymond James$564 1Pershing$2,188,875 4Wells Fargo$696,636 1TD Ameritrade$490,702 2LPL$344,086 2Sweet Escape Ventures $312,207 1VantagePoint $150,632 3Thrivent Financial$147,399 1Flagstar Bank$139,021 1State of Michigan 401k Plan $83,411 1Edward Jones$76,511 3Nationwide$40,998 2Morgan Stanley$22,024 1Raymond James$10,942 1Fifth Third Bank$8,236 1Vanguard$7,925 1Thrift Savings Plan$3,110 1Ameriprise$2,785 2NFS$2,557 1Ascensus Trust$1,491 1USAA$1,305 1Chemical Bank$1,190 1Merrill Lynch$500 1Charles Schwab$273 1Primerica$355 1Total$8,751,422 1191/1/2019 - 12/31/2019Rollover InstitutionRollover Distribution Amount# of PptsTD Ameritrade $6,768 2State of Michigan 401k Plan $5,845 2Fidelity $4,987 2Athene $4,427 1Thrift Savings Plan $3,873 1Direct Transfer to 940080 $3,791 2Merrill Lynch $3,469 2Principal $3,244 1USAA $2,957 1Edward Jones $1,809 1Raymond James $511 1Vanguard $332 1Total $279,478 681/1/2020 - 12/31/2020Rollover InstitutionRollover Distribution Amount# of PptsAmeriprise $24,977 2LPL $12,680 1Edward Jones $12,320 3Morgan Stanley $10,685 1Pershing $9,452 2Great American $8,985 1North American Co $7,691 1Fidelity $5,317 1Assetmark $2,632 1Citizens Bank $1,827 1Raymond James $1,506 1Betterment $1,348 1TD Ameritrade $1,097 1ICMA-RC $1,058 1Charles Schwab $966 1Great West $379 1Morgan Stanley $23,090 1Charles Schwab $17,181 1Edward Jones $6,450 1Pershing $5,222 2Prudential $3,169 1Fidelity $3,154 2Michigan Education Savings Program $724 1Guideline $333 1Vibe CU $145 1State of Michigan 457 Plan $82 1LPL $17,833 2NFS $3,235 2Primerica $2,251 1Charles Schwab $2,184 1E Trade $2,065 1Fidelity $1,227 2TIAA $1,176 1Prudential $624 1JP Morgan $518 1Ally Bank $368 1Capital Bank & Trust $292 1Fifth Third Bank $18,594 1Prudential $12,401 2Charles Schwab $12,231 21/1/2020 - 12/31/202078 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 the same 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). 1/1/2020 - 3/31/20204/1/2020 - 6/30/20207/1/2020 - 9/30/202010/1/2020 - 12/31/2020Call CenterUnique Callers97697487Total Call Volume12796105134Participant WebsiteUnique Web Logins532425471420Total Web Logins5,3977,7078,2435,499Call Center Reason Category1/1/2020 - 3/31/20204/1/2020 - 6/30/20207/1/2020 - 9/30/202010/1/2020 - 12/31/2020Account Explanations23232817Allocation Changes & Exchange1120Contributions1012Disbursements855960106Enrollments1000Forms0001Fund Information0200Hardships0000IFX0000IVR or Web Assistance0110Loans3100Other2474Payment Questions0000Plan Explanations3333Regen Reg Letter0000Status of Research2010Tax Information4100Website Processing2121Total1279610513479 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.80 For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers.0%10%20%30%40%50%60%70%80%90%100%Less than 25 25-34 35-44 45-54 55-64 65+Stable ValueAllocationLess than 25 25-34 35-44 45-54 55-64 65+ TotalParticipants Invested in Only One Fund 645 440 192 177 203 190 1,847Average # of Funds per Participant 1.2 1.3 1.3 1.4 1.5 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% 0.6% 0.5% 0.6% 5.9% 4.2% 2.9%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 December 31, 2020Oakland County 457(b) PTNE PlanPlan SummaryFund Utilization By Age as of December 31, 2020Asset AllocationAsset ClassYour Plan Assets as of 12/31/2020Your Plan % as of 12/31/2020Stable Value $376,465 2.9%Allocation $12,591,917 97.1%Total Participant Balances $12,968,382 100.0%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 SummaryUtilization by Fundas of December 31, 2020INVESTMENT OPTIONSBalance % Invested in Fund # of PptsPpts Using as Sole InvestmentTIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS$2,015,86215.5%300134TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$1,500,44011.6%28149TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$1,282,5199.9%29779TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$1,275,9199.8%270112TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$1,215,7179.4%399205TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$1,123,1998.7%28960TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$845,1056.5%20195TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$841,4616.5%226110TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$837,0666.5%227119TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$728,4545.6%898655TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$624,7654.8%317109GUARANTEED INCOME FUND$376,4652.9%4017TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$301,4112.3%301103Total$12,968,382100.0%82 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%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.Asset ClassLess than 25 25-34 35-44 45-54 55-6465+TotalStable Value$0 $10,386 $6,591 $10,775 $158,319 $190,394 $376,465Allocation$803,948 $1,803,642 $1,331,953 $1,760,484 $2,547,695 $4,344,195 $12,591,917Total Assets$803,948 $1,814,029 $1,338,543 $1,771,259 $2,706,013 $4,534,589 $12,968,382% of Assets6.2% 14.0% 10.3% 13.7% 20.9% 35.0% 100.0% Active Participants467252167195319350 1,750 Terminated Participants372354968088116 1,106 Other Participants*101811129161Total Participants849624274287416467 2,917Avg Account Balance$947 $2,907 $4,885 $6,172 $6,505 $9,710 $4,446*Participant(s) who are not active, terminated or suspended, but have an account balance greater than $0 (e.g. break-in-service, rehire, etc.).Asset Allocation by Age Group as of December 31, 202084 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$10,119$8,888$1,912$9,093 $55,111 $1,930,740 $2,015,862TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS$0$380$2,885$1,083 $317,547 $1,178,545 $1,500,440TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS$0$408$20 $200,428 $724,869 $356,793 $1,282,519TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS$0$426$20 $648,944 $504,382 $122,147 $1,275,919TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS$7,991 $886,342 $188,733$7,691 $22,549 $102,411 $1,215,717TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS$0$393$0$0 $651,243 $471,563 $1,123,199TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS$0 $13,552 $538,599 $241,739 $12,325 $38,890 $845,105TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS$0$444 $131,695 $464,055 $177,290 $67,978 $841,461TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS$1,252 $201,000 $413,742 $154,403 $31,535 $35,135 $837,066TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS$548,727 $131,734$4,866 $18,807 $24,319$0 $728,454TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS$114,451 $404,686 $49,480 $14,241$6,193 $35,714 $624,765GUARANTEED INCOME FUND$0 $10,386$6,591 $10,775 $158,319 $190,394 $376,465TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS$121,408 $155,389$0$0 $20,333$4,281 $301,411Total Assets$803,948 $1,814,029 $1,338,544 $1,771,259 $2,706,013 $4,534,589 $12,968,382% of Assets6.2%14.0%10.3%13.7%20.9%35.0% 100.0%Total Participants8496242742874164672,917Avg. Account Balance$947$2,907$4,885$6,172$6,505$9,710$4,446Fund Allocation by Age Group as of December 31, 202085 INVESTMENT OPTIONSLess than 25 25-3435-4445-5455-6465+TotalTIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS38224137216300TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS011150228281TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS0112118787297TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS0119616012270TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS13279891710399TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS0100127161289TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS03929745201TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS0126119737226TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS1581144554227TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS7841081230898TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS6521328254317GUARANTEED INCOME FUND0452101940TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS1581380041301Total Participants8496242742874164672,917Average # of Funds Per Participant1.21.31.31.41.51.61.4Plan 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 December 31, 202086 21Oakland 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, and the Rock symbol 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 12/31/2019.87 Section IV: Forfeiture AccountOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only 88 Forfeiture 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.Forfeiture Account Activity – QuarterOctober 1, 2020 through December 31, 2020Forfeiture Account Activity – Year to DateJanuary 1, 2020 through December 31, 2020Forfeiture Account Activity – Prior Year 2019SourceInvestmentBeginning Forfeiture BalanceAdditions ReductionsInvestment ResultsDividends / Capital GainsEnding Forfeiture Balance457B MATCHGuaranteed Income Fund 990.82 0.00 0.00 20.05 0.00 1,010.87EE MANDATORY PRETAXGuaranteed Income Fund 0.00 141.41 0.00 1.01 0.00 142.42EMPLOYER NONELECTIVE VESTING Guaranteed Income Fund 249,826.83 331,365.03 ( 104,669.32) 7,499.21 0.00 484,021.75 250,817.65 331,506.44 ( 104,669.32) 7,520.27 0.00 485,175.04Forfeiture Account YTD - 2020SourceInvestmentBeginning 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 1,006.09 0.00 0.00 4.78 0.00 1,010.87EE MANDATORY PRETAXGuaranteed Income Fund 141.75 0.00 0.00 0.67 0.00 142.42EMPLOYER NONELECTIVE VESTING Guaranteed Income Fund 383,324.70 127,665.48 ( 29,052.93) 2,084.50 0.00 484,021.75 384,472.54 127,665.48 ( 29,052.93) 2,089.95 0.00 485,175.04Forfeiture Account 3Q2020 (10/1/20-12/31/20)89 35Oakland County 401(A) Employees Retirement SystemFor 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, and the Rock symbol 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.Forfeiture Account90 Section V: Suspense AccountOakland County 401(A) Employees Retirement SystemFor Plan Sponsor or Consultant Use Only 91 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 – QuarterOctober 1, 2020 through December 31, 2020SourceInvestmentBeginning Suspense BalanceAdditions ReductionsInvestment ResultsDividends / Capital GainsEnding Suspense BalanceEE MANDATORY PRETAXGuaranteed Income Fund 3,137.19 1,500.00 0.00 18.09 0.00 4,655.28EMPLOYER NONELECTIVE VESTING Guaranteed Income Fund 65,134.92 9,155.72 0.00 316.99 0.00 74,607.63 68,272.12 10,655.72 0.00 335.08 0.00 79,262.9292 38Oakland County 401(A) Employees Retirement SystemFor 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, and the Rock symbol 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.Suspense Account93 Section VI: Service Standards GuaranteesOakland County Retirement PlansFor Plan Sponsor or Consultant Use Only 94 Performance Incentives Plan ID Plan Name 940070 Oakland County - 401(a) In the event that Prudential fails to meet a performance standard with respect to a service (as set forth in the administrative Service Agreement) for any quarter, Prudential shall make responsible efforts to rectify the situation and deliver against that standard in the next quarter. In addition, in the event that Prudential failed to improve its performance regarding the previously identified service within the next calendar quarter, Prudential will provide a “Reimbursement Amount” as described in this Exhibit in the subsequent quarter. In the event a Reimbursement Amount is due, that amount shall be either (i) applied against the Plan’s administrative expenses otherwise due to Prudential, or (ii) credited toward additional administrative services to be provided by Prudential to the Plan, or (iii) credited to a Plan Expense Account in accordance with the terms outlined in the administrative agreement. Prudential and the Plan Sponsor have agreed to the performance standards set forth below. Such standards shall apply to the plan recordkeeping and other administrative services Prudential is providing on behalf of the Plan. Text29Total dollars at risk each calendar year from service shortfalls related to plan services provided by Prudential on behalf of the Plan will be capped at $40,000 for the Plan Sponsor’s plans maintained on Prudential’s recordkeeping system. 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% Hours of Operation: On Target; Overall Service Level 41%; Overall Abandon Rate: 9.1% Hours of Operation: On Target; Overall Service Level: 80%; Overall Abandon Rate: 1.2% 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 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%100%100% Withdrawals, Hardships and Rollover 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%100%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%100%100% 95 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%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 Overall Customer Satisfaction: 90.73% Overall Customer Satisfaction: 88% 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%100%100% 96 Performance Incentives Plan ID Plan Name 940080 Oakland County - 457(b) In the event that Prudential fails to meet a performance standard with respect to a service (as set forth in the administrative Service Agreement) for any quarter, Prudential shall make responsible efforts to rectify the situation and deliver against that standard in the next quarter. In addition, in the event that Prudential failed to improve its performance regarding the previously identified service within the next calendar quarter, Prudential will provide a “Reimbursement Amount” as described in this Exhibit in the subsequent quarter. In the event a Reimbursement Amount is due, that amount shall be either (i) applied against the Plan’s administrative expenses otherwise due to Prudential, or (ii) credited toward additional administrative services to be provided by Prudential to the Plan, or (iii) credited to a Plan Expense Account in accordance with the terms outlined in the administrative agreement. Prudential and the Plan Sponsor have agreed to the performance standards set forth below. Such standards shall apply to the plan recordkeeping and other administrative services Prudential is providing on behalf of the Plan. Text29Total dollars at risk each calendar year from service shortfalls related to plan services provided by Prudential on behalf of the Plan will be capped at $40,000 for the Plan Sponsor’s plans maintained on Prudential’s recordkeeping system. 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% Hours of Operation: On Target; Overall Service Level 41%; Overall Abandon Rate: 9.1% Hours of Operation: On Target; Overall Service Level: 80%; Overall Abandon Rate: 1.2% 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 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%100%100% Withdrawals, Hardships and Rollover 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 100%100%100%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%100%100% 97 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%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 Overall Customer Satisfaction: 90.73% Overall Customer Satisfaction: 88% 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%100%100% 98 Performance Incentives Plan ID Plan Name 940090 Oakland County - 457(b) In the event that Prudential fails to meet a performance standard with respect to a service (as set forth in the administrative Service Agreement) for any quarter, Prudential shall make responsible efforts to rectify the situation and deliver against that standard in the next quarter. In addition, in the event that Prudential failed to improve its performance regarding the previously identified service within the next calendar quarter, Prudential will provide a “Reimbursement Amount” as described in this Exhibit in the subsequent quarter. In the event a Reimbursement Amount is due, that amount shall be either (i) applied against the Plan’s administrative expenses otherwise due to Prudential, or (ii) credited toward additional administrative services to be provided by Prudential to the Plan, or (iii) credited to a Plan Expense Account in accordance with the terms outlined in the administrative agreement. Prudential and the Plan Sponsor have agreed to the performance standards set forth below. Such standards shall apply to the plan recordkeeping and other administrative services Prudential is providing on behalf of the Plan. Text29Total dollars at risk each calendar year from service shortfalls related to plan services provided by Prudential on behalf of the Plan will be capped at $40,000 for the Plan Sponsor’s plans maintained on Prudential’s recordkeeping system. 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% Hours of Operation: On Target; Overall Service Level 41%; Overall Abandon Rate: 9.1% Hours of Operation: On Target; Overall Service Level: 80%; Overall Abandon Rate: 1.2% 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 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%100%100% Withdrawals, Hardships and Rollover 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 100%100%100%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%100%100% 99 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%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 Overall Customer Satisfaction: 90.73% Overall Customer Satisfaction: 88% 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%100%100% 100 Section VII: Monthly Activity Report – Q4 2020Oakland County Retirement PlansFor Plan Sponsor or Consultant Use Only 101 Plan Summary Oakland County Retirement PlansFor Plan Sponsor or Consultant Use Only Onsite Education Results Q4 20204 Plan Enrollments16 Contribution Increases102 Section VIII: CommunicationsOakland County Retirement PlansFor Plan Sponsor or Consultant Use Only 103 Oakland County Retirement PlansFor Plan Sponsor or Consultant Use Only Oakland County Participant Engagement as of Q4 2020•Promoted virtual 1:1 sessions and webinars with Ed Bolt, Retirement Counselor •Monthly automated participant engagement campaigns yielded strong results •Developed 2021 participant engagement strategy•Website maintenanceBeneficiary Solicitation CampaignHappy Birthday and Save More campaigns yield strong result:158 actives increased their savings rate by an average of 6.63%104 280 Trumbull StreetHartford, CT 06103© 2020 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.