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HomeMy WebLinkAboutReports - 2022.02.17 - 35413For Plan Sponsor use only. Not to be distributed to plan participants or the general public. Oakland County Retirement Plans Presented by: Stephanie Biddle, Vice President, Key Accounts As Of: December 31, 2021 Report contains information up through the last business day of end period. PLAN SUMMARY For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Table of Contents Section I Oakland County 401(A) Employees Retirement System Plan Summary –940070 Section II Oakland County 457(b) Deferred Compensation Plan Plan Summary –940080 Section III Oakland County 457(b) PTNE Plan Plan Summary –940090 Section IV Counselor Activity Report –Q4 2021 Section V Education and Communication Section VI Forfeiture Account Section VII Suspense Account Section VIII Service Standards Guarantees 2 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Section I: Oakland County 401(A) Employees Retirement System Plan Summary –940070 3 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. PLAN SUMMARY AND BENCHMARK TRENDS 4 Plan Summary Historical Plan Statistics 12/31/2018 12/31/2019 12/31/2020 12/31/2021 1/1/2018 - 12/31/2018 1/1/2019 - 12/31/2019 1/1/2020 - 12/31/2020 1/1/2021 - 12/31/2021 Total Participants Balances $539,247,836 $657,548,996 $791,650,616 $875,879,363 Contributions*$23,074,652 $32,546,213 $34,810,230 $37,339,864 Distributions*($29,997,097) ($29,678,877) ($25,143,229) ($54,027,113) Cash Flow ($6,922,444)$2,867,336 $9,667,001 ($16,687,250) Market Value Gain / Loss**NA $116,620,382 $125,097,015 $102,108,677 Account Balances Average Participant Balance $102,343 $123,414 $148,946 $162,924 National Average Benchmark***$97,903 $102,586 $103,108 $110,278 Participation / Deferrals Total Participants with a Balance 5,269 5,328 5,315 5,376 Asset Allocation % of Plan Assets in Stable Value 9.8%9.9%10.3%10.0% Prudential % of Plan Assets in Stable Value 24.5%25.8%22.1%20.7% % of Plan Assets for GoalMaker Participants 7.0%17.1%17.5%17.8% Participation Rate in GoalMaker 4.1%10.5%11.1%11.5% Number of Participants in GoalMaker 218 560 588 618 Number of Participants in One Fund 1,234 1,419 1,497 1,687 Number of Participants in Four or More Funds 1,789 1,947 1,958 1,951 Distributions Number of Distributions*1,718 2,337 2,228 2,527 Termination $23,972,466 $23,014,091 $16,090,761 $43,741,169 Hardship $0 $0 $0 $0 In Service $1,207,216 $565,212 $1,172,496 $477,387 Coronavirus-Related Withdrawal $0 $0 $0 $0 Amount of Distributions $29,997,097 $29,678,877 $25,143,229 $54,027,113 Amount of Distributions Representing Rollovers $21,541,681 $17,079,028 $12,804,575 $37,979,746 % of Assets Distributed*5.6%4.5%3.2%6.2% Loans Number of New Loans 376 377 297 325 Number of Outstanding Active Loans 1,106 1,083 1,094 1,062 Average Loan Balance $7,326 $7,580 $7,437 $7,723 *Includes Rollovers, Coronavirus-Related Distributions & Repayments, and Qualified Birth or Adoption Distributions & Repayments if applicable on the plan. **This is not the equivalent of a plan level return on investment due to the timing of additions, distributions and underlying investment performance. ***External Benchmark Source: PLANSPONSOR Defined Contribution Annual Survey For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers. Oakland County 5 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important not es and disclaimers. Plan Demographics Summary 12/31/2020 1/1/2020 1/1/2020- 12/31/2020 1/1/2021- 12/31/2021 Total Participants*5,315 5,376 Active Participants 3,585 3,516 Terminated Participants 1,610 1,752 Other Participants**117 107 Multiple Status Participants***3 1 Average Participant Balance $148,946 $162,924 Average Account Balance for Active Participants $170,950 $181,500 Median Participant Balance $54,319 $60,422 Median Participant Balance for Active Participants $83,088 $89,544 Participants Age 50 and Over 2,422 2,495 Total Assets for Participants Age 50 and Over $514,375,595 $579,892,450 Total (Contributions + Rollovers In)$34,810,230 $37,339,864 Employee Contributions $9,865,711 $10,372,673 Employer Contributions $24,282,123 $25,774,510 Rollovers In $662,396 $1,192,680 Total Distributions ($25,143,229) ($54,027,113) Percentage of Assets Distributed 3.2%6.2% Market Value Gain / Loss****$125,097,015 $102,108,677 Total Participant Balances $791,650,616 $875,879,363 *** 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. Oakland County 401(A) Employees Retirement System 6 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Plan Features GoalMaker 12/31/2020 12/31/2021 Plan Assets for Participants in GoalMaker $138,785,524 $156,029,556 % of Plan Assets for GoalMaker Participants 17.5%17.8% # of Participants in GoalMaker 588 618 Participation Rate in GoalMaker 11.1%11.5% Prudential % of Participants in GoalMaker - As of 12/31/2020 IncomeFlex 12/31/2020 12/31/2021 % of Plan Assets Invested in IncomeFlex Funds for IncomeFlex Participants 52.1%54.8% # of Participants in IncomeFlex 101 95 Participation Rate in IncomeFlex 1.9%1.8% Prudential % of Participants in IncomeFlex - As of 12/31/2020 Stable Value 12/31/2020 12/31/2021 Participation Rate in Stable Value 24.9%24.2% % of Plan Assets in Stable Value 10.3%10.0% Prudential % of Plan Assets in Stable Value - As of 12/31/2020 eDelivery 12/31/2020 12/31/2021 # of Participants Enrolled in eDelivery 3,142 3,314 # of Participants Affirmatively Elected eDelivery 3,142 3,296 # of Participants Defaulted into eDelivery 0 18 % of Participants in eDelivery 60.3% 62.7% Prudential % of Participants in eDelivery - As of 12/31/2020 50.4% 20.7% 52.2% 7.8% Oakland County 401(A) Employees Retirement System Transaction Summary Participant Activity 7 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important notes and disclaimers. Plan Features Your Plan Prudential Book of Business Industry Average* Plan Sponsor Survey 2020** Plan Sponsor Survey 2021*** GoalMaker®Yes 65.1%N/A N/A N/A Investment Options 44.0 13.5 26.5 22.9 22.7 IncomeFlex®Yes 26.5%26.3%9.2%11.1% Loans Yes 63.5%80.0%82.0%80.5% Plan Allows Catch-Up Contributions (Administered Through Prudential)N/A 48.1%N/A N/A N/A Default eDelivery No N/A N/A N/A N/A **2020 Annual Survey, 2020 (Overall) ***2021 Annual Survey, 2021 (Overall) *Annual Survey, 2021 (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. © 2021 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 12/31/2020 External Benchmark Source: PLANSPONSOR Defined Contribution Annual Survey Oakland County 401(A) Employees Retirement System Benchmark Trends –Plan Features 8 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Plan Features Your Plan Prudential Book of Business Industry Average* Plan Sponsor Survey 2020** Plan Sponsor Survey 2021*** Average Account Balance $162,924 $80,721 $99,973 $103,108 $110,278 Median Account Balance $60,422 $77,565 $65,359 $79,970 $83,441 % of Plan Assets in Stable Value 10.0%20.7%N/A N/A N/A Average # of Funds Held 4.7 5.2 5.1 6.3 5.0 % of 55+ Participants Utilizing IncomeFlex®4.0%9.1%N/A N/A N/A % of Participants Utilizing GoalMaker®11.5%52.2%N/A N/A N/A % of Participants have Outstanding Active Loans 10.4%12.2%10.2%14.2%12.8% Average Loan Balance $7,723 $7,891 $9,190 $10,121 $10,709 % of Participants Utilizing eDelivery 62.7%50.4%N/A N/A N/A **2020 Annual Survey, 2020 (Overall) ***2021 Annual Survey, 2021 (Overall) Prudential’s Book of Business averages are as of 12/31/2020 External Benchmark Source: PLANSPONSOR Defined Contribution Annual Survey *Annual Survey, 2021 (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. © 2021 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. Oakland County 401(A) Employees Retirement System Benchmark Trends –Participant Behavior 9 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Asset Allocation/Net Activity By Age January 1, 2021 to December 31, 2021 Less than 25 25-34 35-44 45-54 55-64 65+Total Total Participant Balances $1,047,119 $35,220,924 $125,296,788 $324,499,012 $224,920,636 $164,894,884 $875,879,363 % Assets 0.1%4.0%14.3%37.0%25.7%18.8%100.0% Average Contribution Rate ($)$0 $0 $0 $0 $331 $0 $331 Average Contribution Rate (%)5.1%4.7%4.5%4.8%5.3%7.1%4.8% Prudential Avg. Contribution Rate (%) as of 12/31/2020 5.2%6.2%7.0%8.1%9.7%11.4%7.7% Contributions $586,402 $6,605,969 $8,566,285 $12,647,161 $6,330,106 $1,411,261 $36,147,183 Rollovers In*$0 $115,846 $407,138 $623,330 $46,367 $0 $1,192,680 Total (Contributions + Rollovers In)$586,402 $6,721,814 $8,973,422 $13,270,491 $6,376,473 $1,411,261 $37,339,864 Cash Distributions ($53,280)($563,967)($1,168,524)($1,703,885)($5,354,811)($7,202,900)($16,047,367) Rollovers Out ($32,419)($445,657)($1,916,069)($3,465,674)($18,674,996)($13,444,931)($37,979,746) Total (Cash Distributions + Rollovers Out)($85,699)($1,009,624)($3,084,593)($5,169,559)($24,029,807)($20,647,832)($54,027,113) Net Activity $500,704 $5,712,190 $5,888,830 $8,100,932 ($17,653,334)($19,236,571)($16,687,250) Total Participants**125 920 1,133 1,492 1,058 649 5,377 Average Account Balance $8,377 $38,284 $110,589 $217,493 $212,590 $254,075 $162,894 Prudential Avg. Account Balance as of 12/31/2020 $3,940 $17,635 $49,972 $97,117 $136,242 $138,917 $80,721 Median Account Balance $3,754 $28,468 $64,660 $142,041 $98,393 $75,187 $60,422 Prudential Median Account Balance as of 12/31/2020 $4,404 $14,335 $34,065 $58,607 $86,341 $121,113 $77,565 High Balance $49,891 $216,851 $1,111,355 $1,371,935 $1,870,733 $3,472,389 Low Balance $67 $3 $0.10 $0.01 $19 $0 *Rollovers In is the total dollars credited to participant accounts within 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 within different age groups (decedent's date of birth), that participant will be counted twice. Oakland County 401(A) Employees Retirement System Average Balance By Years of Service as of December 31, 2021 Years of Service 0-5 6-10 11-15 16-20 21-25 26-30 31-35 36-40 41-45 46-50 51-55 56-60 Average Account Balance* $27,547 $85,979 $136,276 $240,187 $344,088 $421,752 $484,275 $423,248 $648,476 $218,579 $0 $3,472,389 * Active Employees 10 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. RETIREMENT READINESS 11 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Oakland County 401(A) Employees Retirement System IncomeFlex Participation 12 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. PLAN ACTIVITY 13 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important notes and disclaimers. INVESTMENT OPTIONS 1/1/2020 - 12/31/2020 % 1/1/2021 - 12/31/2021 %Change % TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $2,647,112 7.8%$2,886,837 8.0%$239,724 9.1% TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $2,354,905 6.9%$2,514,961 7.0%$160,056 6.8% TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $2,381,887 7.0%$2,494,531 6.9%$112,643 4.7% TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $2,337,660 6.9%$2,463,038 6.8%$125,379 5.4% TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $2,068,044 6.1%$2,270,725 6.3%$202,682 9.8% FIDELITY GROWTH COMPANY K6 FUND $1,095,885 3.2%$1,918,588 5.3%$822,703 75.1% TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $1,909,087 5.6%$1,846,783 5.1%($62,304)-3.3% GUARANTEED INCOME FUND $1,715,184 5.0%$1,807,017 5.0%$91,833 5.4% JPMORGAN EQUITY INCOME FUND CLASS R5 $1,590,998 4.7%$1,635,166 4.5%$44,168 2.8% TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $1,575,008 4.6%$1,623,771 4.5%$48,763 3.1% TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $1,557,309 4.6%$1,609,028 4.5%$51,720 3.3% MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3 $1,414,534 4.1%$1,477,430 4.1%$62,897 4.4% T. ROWE PRICE NEW HORIZONS FUND $1,097,478 3.2%$1,282,678 3.6%$185,200 16.9% FIDELITY 500 INDEX FUND $1,176,130 3.4%$1,250,916 3.5%$74,786 6.4% LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND $1,042,496 3.1%$1,113,627 3.1%$71,132 6.8% TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $775,115 2.3%$1,088,970 3.0%$313,855 40.5% PGIM TOTAL RETURN BOND FUND -CLASS Z $956,429 2.8%$961,420 2.7%$4,991 0.5% BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES $115,480 0.3%$791,906 2.2%$676,426 585.8% FIDELITY EMERGING MARKETS INDEX FUND $563,265 1.7%$609,080 1.7%$45,815 8.1% TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $629,696 1.8%$590,454 1.6%($39,242)-6.2% VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A $456,300 1.3%$483,242 1.3%$26,942 5.9% FIDELITY SMALL CAP INDEX FUND $429,651 1.3%$444,260 1.2%$14,610 3.4% FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I $411,091 1.2%$435,474 1.2%$24,383 5.9% BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A $300,373 0.9%$366,913 1.0%$66,539 22.2% AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E $336,218 1.0%$298,809 0.8%($37,409) -11.1% AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5 $246,064 0.7%$278,064 0.8%$32,000 13.0% TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $230,337 0.7%$217,717 0.6%($12,619)-5.5% PIMCO INCOME FUND CLASS A $194,901 0.6%$202,234 0.6%$7,333 3.8% FIDELITY PURITAN FUND $157,996 0.5%$180,984 0.5%$22,988 14.5% FIDELITY MID CAP INDEX FUND $119,525 0.4%$154,918 0.4%$35,394 29.6% PGIM HIGH YIELD FUND- CLASS Z $128,244 0.4%$121,843 0.3%($6,401)-5.0% FIDELITY INTERNATIONAL INDEX FUND $93,918 0.3%$113,336 0.3%$19,418 20.7% COHEN & STEERS REALTY SHARES FUND CLASS L $122,957 0.4%$112,649 0.3%($10,308)-8.4% DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS $69,954 0.2%$105,759 0.3%$35,805 51.2% Contributions by Fund Oakland County 401(A) Employees Retirement System 14 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important notes and disclaimers. INVESTMENT OPTIONS 1/1/2020 - 12/31/2020 % 1/1/2021 - 12/31/2021 %Change % FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND $96,706 0.3%$87,261 0.2%($9,445)-9.8% TIAA-CREF LIFECYCLE INDEX 2065 FUND INSTITUTIONAL CLASS $0 0.0%$80,661 0.2%$80,661 N/A PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND $123,677 0.4%$77,971 0.2%($45,707) -37.0% BNY MELLON NATURAL RESOURCES FUND CLASS I $48,670 0.1%$54,007 0.2%$5,337 11.0% TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $30,698 0.1%$30,174 0.1%($524)-1.7% VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL $6,519 0.0%$22,615 0.1%$16,097 246.9% GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS $20,654 0.1%$17,775 0.1%($2,879) -13.9% COLUMBIA INCOME BUILDER FUND ADVISOR CLASS $11,433 0.0%$12,140 0.0%$707 6.2% COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS $11,298 0.0%$11,451 0.0%$153 1.4% EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A $712,653 2.1%$0 0.0%($712,653) -100.0% FIDELITY GROWTH COMPANY $531,949 1.6%$0 0.0%($531,949) -100.0% FIDELITY CONTRAFUND FUND $147,459 0.4%$0 0.0%($147,459) -100.0% BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I $46,982 0.1%$0 0.0%($46,982) -100.0% AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-6 $35,228 0.1%$0 0.0%($35,228) -100.0% COHEN & STEERS INSTITUTIONAL REALTY SHARES $20,582 0.1%$0 0.0%($20,582) -100.0% INVESCO SENIOR FLOATING RATE FUND CLASS Y $2,100 0.0%$0 0.0%($2,100) -100.0% Total Assets Contributed $34,147,834 100.0%$36,147,183 100.0%$1,999,349 5.9% Contributions by Fund (continued) Oakland County 401(A) Employees Retirement System 15 Plan Summary INVESTMENT OPTIONS IN OUT NET GUARANTEED INCOME FUND $29,371,597 ($12,467,168) $16,904,429 PGIM TOTAL RETURN BOND FUND -CLASS Z $6,499,768 ($3,332,638) $3,167,129 BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A $3,083,830 ($1,168,075) $1,915,755 DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS $2,140,540 ($232,376) $1,908,164 PIMCO INCOME FUND CLASS A $2,186,040 ($591,998) $1,594,042 FIDELITY EMERGING MARKETS INDEX FUND $2,419,107 ($1,077,464) $1,341,643 FIDELITY MID CAP INDEX FUND $1,405,080 ($594,807) $810,273 FIDELITY INTERNATIONAL INDEX FUND $686,872 ($243,098) $443,774 FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND $2,128,082 ($1,724,497) $403,585 TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $660,964 ($370,976) $289,988 PGIM HIGH YIELD FUND- CLASS Z $1,516,834 ($1,290,029) $226,805 VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL $391,452 ($180,637) $210,815 COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS $243,045 ($52,644) $190,401 BNY MELLON NATURAL RESOURCES FUND CLASS I $711,578 ($590,891) $120,686 TIAA-CREF LIFECYCLE INDEX 2065 FUND INSTITUTIONAL CLASS $88,399 $0 $88,399 FIDELITY PURITAN FUND $1,187,762 ($1,109,717)$78,045 COLUMBIA INCOME BUILDER FUND ADVISOR CLASS $45,002 ($10,622)$34,379 AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5 $1,053,285 ($1,028,984)$24,301 TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $41,020 ($37,046)$3,973 PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND $1,063,641 ($1,093,644)($30,004) MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3 $3,091,085 ($3,159,190)($68,105) COHEN & STEERS REALTY SHARES FUND CLASS L $566,116 ($710,100) ($143,984) SELF DIRECTED BROKERAGE ACCOUNT $2,073,011 ($2,266,937) ($193,926) GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS $86,863 ($294,571) ($207,708) TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $940,590 ($1,187,014) ($246,424) TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $1,043,283 ($1,297,890) ($254,607) TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $325,298 ($661,546) ($336,248) VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A $1,791,028 ($2,197,043) ($406,015) TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $32,621 ($478,642) ($446,021) TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $137,027 ($585,570) ($448,543) FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I $3,322,735 ($3,888,458) ($565,723) FIDELITY SMALL CAP INDEX FUND $2,322,006 ($2,890,408) ($568,403) AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E $953,064 ($1,596,379) ($643,315) TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $693,028 ($1,446,545) ($753,517) TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $48,226 ($850,183) ($801,957) TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $3,020,240 ($4,182,926) ($1,162,687) FIDELITY 500 INDEX FUND $6,454,328 ($7,888,942) ($1,434,614) BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES $1,766,883 ($3,395,624) ($1,628,741) T. ROWE PRICE NEW HORIZONS FUND $2,984,854 ($5,116,087) ($2,131,233) TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $565,495 ($2,939,735) ($2,374,240) TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $212,083 ($3,090,555) ($2,878,472) FIDELITY GROWTH COMPANY K6 FUND $6,634,263 ($9,523,601) ($2,889,338) JPMORGAN EQUITY INCOME FUND CLASS R5 $3,737,909 ($6,954,764) ($3,216,855) LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND $2,244,063 ($8,169,970) ($5,925,907) TOTAL $101,969,994 ($101,969,994)$0 1/1/2021 to 12/31/2021 Interfund Transfers For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Oakland County 401(A) Employees Retirement System 16 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Participant Distribution Statistics Oakland County 401(A) Employees Retirement System 17 Plan Summary For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers. Rollover Distributions Statistics Oakland County 401(A) Employees Retirement System Rollover Institution Rollover Distribution Amount # of Ppts Rollover Institution Rollover Distribution Amount # of Ppts Rollover Institution Rollover Distribution Amount # of Ppts Pershing $3,575,624 9 RBC Capital Markets $2,126,729 1 TD Ameritrade $4,340,776 10 Fidelity $1,932,846 15 Fidelity $1,551,941 15 Morgan Stanley $3,962,448 10 Charles Schwab $1,229,935 4 Merrill Lynch $1,120,382 7 Fidelity $3,276,856 22 TD Ameritrade $1,194,694 5 Raymond James $967,941 3 Charles Schwab $3,090,543 15 Merrill Lynch $1,165,708 4 Charles Schwab $899,675 6 Merrill Lynch $2,559,667 8 Jackson National $807,922 3 Morgan Stanley $893,499 2 Pershing $2,418,713 11 Wells Fargo $696,636 1 TD Ameritrade $842,667 4 Edward Jones $2,309,552 12 JP Morgan $657,105 4 NFS $750,337 4 Prudential $1,860,905 10 Equity Trust Co $471,514 1 Oppenheimer $699,102 1 NFS $1,754,720 7 LPL $404,301 4 Ameriprise $571,697 5 Baird $1,375,252 3 AEIS $382,184 1 New York Life $341,327 1 LPL $1,108,627 5 FBL Financial $338,203 1 Edward Jones $328,900 4 Ameriprise $998,214 2 Sweet Escape Ventures $312,207 1 Prudential $204,934 7 Raymond James $937,639 6 RBC Capital Markets $293,329 1 Principal $203,950 3 Wells Fargo $876,466 2 Baird $270,382 1 LPL $201,465 1 Jackson National $869,505 3 State of Michigan 401k Plan $240,710 3 Cetera Financial $172,665 1 ATC $815,344 1 Molloy Financial $234,507 1 Hilltop Securities $130,134 1 Thrivent Financial $814,189 1 Edward Jones $221,790 8 Security Benefit $101,473 2 UBS $620,531 2 Vanguard $215,427 5 Lincoln $86,422 1 Allianz $587,027 3 VantagePoint $190,318 6 Thrift Savings Plan $83,857 2 SEI $400,005 2 Raymond James $179,513 6 Midland $81,055 1 Pipes 963 Enterprises 401k Plan $382,860 1 Local Gov't Federal CU $177,972 1 TSP $64,636 1 Vanguard $329,044 4 Thrift Savings Plan $160,936 4 Flagstar Bank $54,487 1 Nationwide $278,344 4 Russell Family Solo 401k Plan $159,739 1 Financial Trust Co $46,438 1 Brighthouse $247,030 1 Thrivent Financial $155,136 2 T Rowe Price $40,027 1 American Equity $200,000 1 Morgan Stanley $153,618 2 Citizens Bank $37,013 1 JP Morgan $189,829 2 Flagstar Bank $143,015 2 Pershing $29,537 3 Pacific Life $174,104 1 Vibe Credit Union $131,168 3 Mass Mutual $27,630 1 VantagePoint Trnsfr $162,225 1 AXA $127,387 2 PNC Bank $24,949 1 FMTC $161,154 1 Mutual of America $117,011 1 TIAA $19,950 3 Primerica $144,000 1 SBLI $108,165 1 Midland $18,692 1 Equitable $111,449 1 NFS $105,233 2 TTE Jabil 401k $17,011 1 Fifth Third Bank $110,564 1 TIAA $77,310 1 Mutual of Omaha $15,593 1 Alerus Financial $81,031 2 Walled Lake School EFCU $67,182 1 Equity Trust Co $15,000 1 John Hancock $72,075 1 American Equity $50,000 1 Vanguard $11,824 2 Great West $41,276 2 Genisys Credit Union $49,998 1 Allianz $7,756 1 T Rowe Price $38,824 1 Ameriprise $48,785 3 Nationwide $6,993 2 Assetmark $35,096 1 Nationwide $40,998 2 Transamerica $6,547 1 Ohio Deferred Compensation Plan $31,270 2 Capital Bank & Trust $39,476 1 APEX Clearing $338 1 Northern Trust $28,070 1 Pacific Life $35,299 1 Total $12,804,575 96 E Trade $27,799 1 ADP $30,677 1 PNC Bank $27,676 2 Great West $23,029 1 US Bank $26,830 1 AEIF $20,133 1 Stifel $26,380 1 PNC Bank $13,497 1 State of Michigan 401k Plan $23,350 3 Putnam $9,134 1 American Funds $13,507 1 Fifth Third Bank $8,236 1 Vibe Credit Union $12,527 1 Oakland University 403B Plan $2,297 1 ISTO $11,134 1 Prudential $1,732 3 Lincoln Investments $7,547 1 Ascensus Trust $1,491 1 Walmart 401k Plan $2,772 1 Alerus Financial $1,373 1 Thrift Savings Plan $2,715 1 USAA $1,305 1 Principal $1,244 1 Chemical Bank $1,190 1 Capital Bank & Trust $980 1 Voya $938 1 Frankenmuth CU $58 1 Community Financial CU $362 1 Benefit Trust $3 1 Primerica $355 1 Total $37,979,746 182 Total $17,079,028 133 1/1/2019 - 12/31/2019 1/1/2020 - 12/31/2020 1/1/2021 - 12/31/2021 18 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Loan Activity Loan Utilization By Participant Age *Includes all participant statuses with balance > $0. % of Participants With Withdrawal Activity Oakland County 401(A) Employees Retirement System 19 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Participant Loan Statistics Oakland County 401(A) Employees Retirement System # of Oustanding Active Loans as of 12/31/2021 Participant Count 1 306 2 122 3 52 4 39 5 40 Total 559 1/1/2020- 12/31/2020 1/1/2021- 12/31/2021 # of Deemed Loans 40 40 Total Deemed Principal Loan Balance $271,170 $231,351 20 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Definitions: 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). Registered Participants -The total number of individuals that established an account as of the reporting end date, for which they can access their ret irement plan via the Participant Website. Participant Transaction Statistics Oakland County 401(A) Employees Retirement System 21 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. INVESTMENT DIVERSIFICATION 22 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | 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 Value Fixed Inc-Domestic Fixed Inc-Glbl / International Allocation Equity - U.S. Large Equity - U.S. Mid/Small Equity - Glbl / International Alternative / Other Less than 25 25-34 35-44 45-54 55-64 65+Total Participants Invested in Only One Fund 113 401 390 373 233 177 1,687 Average # of Funds per Participant 1.5 3.0 3.8 5.9 5.7 4.7 4.7 Prudential Participants Avg. # of Funds per Participant as of 12/31/2020 5.1 5.3 5.4 5.4 5.2 4.2 5.2 % of Plan Assets in Stable Value 0.3% 0.9% 2.1% 6.2% 13.7% 20.5% 10.0% Prudential % of Plan Assets in Stable Value as of 12/31/2020 7.4% 6.7% 9.0% 13.8% 24.0% 38.3% 20.7% Self Directed Brokerage Account # of Participants 0 3 17 38 27 13 98 Oakland County 401(A) Employees Retirement System Fund Utilization By Age As of December 31, 2021 Assets by Asset Class and Age As of December 31, 2021 Asset Allocation 23 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important notes and disclaimers. The funds in bold type denote inclusion in the GoalMaker®product. INVESTMENT OPTIONS Balance % Invested in Fund # of Ppts Ppts Using as Sole Investment GUARANTEED INCOME FUND $87,526,657 10.0% 1,299 99 TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $70,109,193 8.0%842 246 LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND $65,022,933 7.4% 1,069 6 JPMORGAN EQUITY INCOME FUND CLASS R5 $52,003,530 5.9% 1,410 1 TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $50,164,263 5.7%751 126 FIDELITY GROWTH COMPANY K6 FUND $46,022,621 5.3% 1,389 10 FIDELITY 500 INDEX FUND $45,176,921 5.2%982 15 MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3 $37,384,070 4.3% 1,067 0 TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $36,492,541 4.2%503 91 PGIM TOTAL RETURN BOND FUND -CLASS Z $34,527,110 3.9% 1,138 0 BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES $28,500,804 3.3% 1,302 0 TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $28,475,417 3.3%665 138 TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $27,927,551 3.2%921 165 T. ROWE PRICE NEW HORIZONS FUND $26,437,193 3.0% 1,276 18 TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $25,424,731 2.9%546 104 PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND $24,180,400 2.8%95 15 SELF DIRECTED BROKERAGE ACCOUNT $22,223,950 2.5%98 5 FIDELITY SMALL CAP INDEX FUND $14,283,596 1.6%467 1 VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A $14,154,448 1.6% 1,107 0 FIDELITY EMERGING MARKETS INDEX FUND $12,813,624 1.5%955 0 TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $12,508,949 1.4%593 140 TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $12,350,302 1.4%279 49 BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A $11,996,853 1.4%681 0 FIDELITY PURITAN FUND $11,871,254 1.4%525 7 FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I $11,639,387 1.3% 1,007 0 TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $10,663,912 1.2%474 191 AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E $9,467,642 1.1%785 1 AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5 $8,311,687 0.9%363 1 PIMCO INCOME FUND CLASS A $7,449,396 0.9%324 0 PGIM HIGH YIELD FUND- CLASS Z $4,963,391 0.6%303 0 COHEN & STEERS REALTY SHARES FUND CLASS L $4,119,161 0.5%318 2 FIDELITY MID CAP INDEX FUND $4,042,009 0.5%162 0 DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS $3,758,314 0.4%226 1 TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $3,078,902 0.4%262 204 FIDELITY INTERNATIONAL INDEX FUND $2,785,332 0.3%210 0 FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND $2,689,587 0.3%160 2 BNY MELLON NATURAL RESOURCES FUND CLASS I $1,280,076 0.1%140 0 TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $1,142,317 0.1%74 14 COLUMBIA INCOME BUILDER FUND ADVISOR CLASS $961,192 0.1%48 0 VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL $680,498 0.1%30 1 COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS $455,878 0.1%42 0 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS $358,054 0.0%49 0 TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $279,530 0.0%59 5 TIAA-CREF LIFECYCLE INDEX 2065 FUND INSTITUTIONAL CLASS $174,186 0.0%31 29 Total $875,879,363 100.0%0 Oakland County 401(A) Employees Retirement System Utilization by Fund as of December 31, 2021 24 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Due to rounding, bar graph may not equal 100% Investment Utilization Oakland County 401(A) Employees Retirement System 25 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Due to rounding, pie chart may not equal 100% Oakland County 401(A) Employees Retirement System 26 Plan Summary For Plan Sponsor Use Only.Not to be distributed to plan participants or the general public | Please refer to the end of this section for important notes and disclaimers. Default Investor 3/31/2021 6/30/2021 9/30/2021 12/31/2021 Plan Assets for Participants in GoalMaker $0 $0 $0 $0 # of Participants in GoalMaker 0 0 0 0 Participation Rate in GoalMaker 0.0% 0.0% 0.0%0.0% % of Plan Assets for GoalMaker Participants 0.0% 0.0% 0.0%0.0% Non-Default Investor 3/31/2021 6/30/2021 9/30/2021 12/31/2021 Plan Assets for Participants In GoalMaker $147,233,035 $157,361,572 $152,725,395 $156,029,556 # of Participants in GoalMaker 613 624 617 618 Participation Rate in GoalMaker 11.5% 11.7% 11.6% 11.5% % of Plan Assets for GoalMaker Participants 18.3% 18.6% 18.1% 17.8% Total 3/31/2021 6/30/2021 9/30/2021 12/31/2021 Plan Assets for Participants In GoalMaker $147,233,035 $157,361,572 $152,725,395 $156,029,556 # of Participants in GoalMaker 613 624 617 618 Participation Rate in GoalMaker 11.5% 11.7% 11.6% 11.5% % of Plan Assets for GoalMaker Participants 18.3% 18.6% 18.1% 17.8% Percentage of Assets by GoalMaker® Investor As of 12/31/2021 0.0% 100.0% Default Investor Non-Default Investor Due to rounding, pie chart may not equal 100% GoalMaker® Participation –Default vs Non-Default Investor Oakland County 401(A) Employees Retirement System 27 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Asset Class Less than 25 25-34 35-44 45-54 55-64 65+Total Stable Value $3,182 $321,570 $2,646,333 $20,023,210 $30,746,258 $33,786,104 $87,526,657 Fixed Inc-Domestic $2,491 $201,629 $3,412,980 $21,315,070 $19,814,579 $9,096,927 $53,843,677 Fixed Inc-Glbl / International $1,339 $41,426 $570,289 $4,252,221 $4,836,428 $2,295,150 $11,996,853 Allocation $859,897 $23,722,905 $61,477,882 $101,152,822 $74,591,094 $54,000,041 $315,804,640 Equity - U.S. Large $106,628 $4,951,469 $26,167,903 $89,420,483 $50,495,391 $37,764,629 $208,906,503 Equity - U.S. Mid/Small $48,297 $3,803,157 $16,246,104 $43,553,581 $22,339,298 $13,067,001 $99,057,437 Equity - Glbl / International $25,285 $2,091,435 $11,297,698 $33,868,345 $15,341,595 $8,496,050 $71,120,409 Alternative / Other $0 $87,332 $3,477,599 $10,913,280 $6,755,994 $6,388,982 $27,623,187 Total Assets $1,047,119 $35,220,924 $125,296,788 $324,499,012 $224,920,635 $164,894,884 $875,879,363 % of Assets 0.1%4.0%14.3%37.0%25.7%18.8%100.0% Active Participants 105 709 824 1,121 625 134 3,518 Terminated Participants 18 200 289 352 408 485 1,752 Other Participants*2 11 20 19 25 30 107 Total Participants**125 920 1,133 1,492 1,058 649 5,377 Avg Account Balance $8,377 $38,284 $110,589 $217,493 $212,590 $254,075 $162,894 *Participant(s) who are not active, terminated or suspended, but have an account b alance greater than $0 (e.g. b reak-in-service, rehire, etc.). **Total column for participant count is a sum of participants across each age group. E.g. If a participant has both a main account and beneficiary account within different age groups (decedent's date of birth), that participant will be counted twice. Oakland County 401(A) Employees Retirement System Asset Allocation by Age Group as of December 31, 2021 28 Plan Summary INVESTMENT OPTIONS Less than 25 25-34 35-44 45-54 55-64 65+Total GUARANTEED INCOME FUND $3,182 $321,570 $2,646,333 $20,023,210 $30,746,258 $33,786,104 $87,526,657 TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $0 $57,819 $6,830,182 $24,191,219 $19,779,258 $19,250,715 $70,109,193 LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND $3,573 $899,358 $6,665,698 $25,699,469 $15,498,064 $16,256,771 $65,022,933 JPMORGAN EQUITY INCOME FUND CLASS R5 $13,772 $1,158,365 $6,800,385 $22,664,308 $12,802,205 $8,564,494 $52,003,530 TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $0 $39,477 $4,300,504 $39,637,608 $4,793,574 $1,393,101 $50,164,263 FIDELITY GROWTH COMPANY K6 FUND $48,172 $1,983,300 $7,492,192 $23,114,603 $9,442,165 $3,942,189 $46,022,621 FIDELITY 500 INDEX FUND $39,802 $880,851 $5,019,346 $17,791,023 $12,465,126 $8,980,774 $45,176,921 MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3 $17,415 $1,154,348 $6,007,849 $17,455,858 $8,278,620 $4,469,981 $37,384,070 TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $0 $0 $1,058,313 $5,865,729 $21,291,492 $8,277,006 $36,492,541 PGIM TOTAL RETURN BOND FUND -CLASS Z $2,491 $137,286 $1,768,066 $13,479,420 $12,253,638 $6,886,209 $34,527,110 BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES $4,772 $458,385 $3,857,205 $12,668,782 $6,967,945 $4,543,715 $28,500,804 TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $0 $1,241 $19,634,326 $8,784,483 $53,777 $1,590 $28,475,417 TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $18,350 $5,094,818 $21,614,525 $967,172 $60,016 $172,671 $27,927,551 T. ROWE PRICE NEW HORIZONS FUND $27,295 $2,217,437 $6,235,257 $11,069,066 $4,670,560 $2,217,578 $26,437,193 TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $0 $103,573 $417,825 $15,266,773 $9,450,444 $186,117 $25,424,731 PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND $47 $37,418 $87,662 $1,795,444 $6,209,363 $16,050,466 $24,180,400 SELF DIRECTED BROKERAGE ACCOUNT $0 $51,438 $2,910,113 $8,143,101 $5,150,388 $5,968,909 $22,223,950 FIDELITY SMALL CAP INDEX FUND $6,994 $241,041 $1,471,564 $6,587,367 $3,416,720 $2,559,909 $14,283,596 VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A $4,146 $420,987 $2,260,273 $6,102,397 $3,277,609 $2,089,037 $14,154,448 FIDELITY EMERGING MARKETS INDEX FUND $6,665 $530,706 $2,496,405 $6,306,177 $2,463,030 $1,010,640 $12,813,624 TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $8,690 $5,646,590 $6,516,419 $328,795 $8,455 $0 $12,508,949 TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $13,136 $0 $7,226 $653,331 $8,677,537 $2,999,072 $12,350,302 BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A $1,339 $41,426 $570,289 $4,252,221 $4,836,428 $2,295,150 $11,996,853 FIDELITY PURITAN FUND $0 $35,821 $838,631 $3,419,293 $3,385,772 $4,191,738 $11,871,254 FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I $4,865 $376,750 $1,955,688 $5,402,039 $2,900,343 $999,702 $11,639,387 TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $5,963 $10,620,857 $34,137 $2,955 $0 $0 $10,663,912 AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E $0 $94,041 $1,167,661 $4,600,580 $2,024,156 $1,581,204 $9,467,642 AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5 $1,205 $213,065 $990,327 $3,903,022 $2,180,310 $1,023,757 $8,311,687 PIMCO INCOME FUND CLASS A $0 $22,607 $672,914 $2,980,194 $3,144,792 $628,890 $7,449,396 PGIM HIGH YIELD FUND- CLASS Z $0 $7,138 $367,326 $1,845,661 $1,914,839 $828,427 $4,963,391 COHEN & STEERS REALTY SHARES FUND CLASS L $0 $32,898 $458,764 $2,290,155 $1,044,487 $292,857 $4,119,161 FIDELITY MID CAP INDEX FUND $225 $88,557 $466,118 $1,723,929 $1,106,121 $657,060 $4,042,009 DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS $0 $7,221 $294,308 $1,487,898 $1,554,000 $414,887 $3,758,314 TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $663,296 $2,085,291 $127,090 $152,885 $50,340 $0 $3,078,902 FIDELITY INTERNATIONAL INDEX FUND $0 $90,403 $584,473 $1,459,441 $286,241 $364,773 $2,785,332 FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND $0 $27,378 $251,309 $1,431,631 $707,872 $271,398 $2,689,587 BNY MELLON NATURAL RESOURCES FUND CLASS I $0 $2,995 $108,722 $480,024 $561,119 $127,216 $1,280,076 TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $0 $0 $0 $0 $96,120 $1,046,198 $1,142,317 COLUMBIA INCOME BUILDER FUND ADVISOR CLASS $0 $0 $11,042 $76,453 $680,228 $193,468 $961,192 VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL $1,310 $29,596 $190,281 $151,080 $287,831 $20,400 $680,498 COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS $0 $0 $59,057 $90,266 $239,438 $67,117 $455,878 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS $0 $8,871 $50,982 $143,267 $109,238 $45,696 $358,054 TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $0 $0 $0 $10,682 $30,948 $237,899 $279,530 TIAA-CREF LIFECYCLE INDEX 2065 FUND INSTITUTIONAL CLASS $150,415 $0 $0 $0 $23,771 $0 $174,186 Total Assets $1,047,119 $35,220,924 $125,296,788 $324,499,012 $224,920,635 $164,894,884 $875,879,363 % of Assets 0.1%4.0%14.3%37.0%25.7%18.8%100.0% Total Participants 125 920 1,133 1,492 1,058 649 5,377 Avg. Account Balance $8,377 $38,284 $110,589 $217,493 $212,590 $254,075 $162,894 Fund Allocation by Age Group as of December 31, 2021 Oakland County 401(A) Employees Retirement System For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers.29 Plan Summary INVESTMENT OPTIONS Less than 25 25-34 35-44 45-54 55-64 65+Total GUARANTEED INCOME FUND 2 45 109 393 408 342 1,299 TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS 0 16 155 301 183 187 842 LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND 1 65 150 417 259 177 1,069 JPMORGAN EQUITY INCOME FUND CLASS R5 5 135 233 518 346 173 1,410 TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS 0 1 61 634 42 13 751 FIDELITY GROWTH COMPANY K6 FUND 8 144 206 490 359 182 1,389 FIDELITY 500 INDEX FUND 3 47 117 348 278 189 982 MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3 4 106 163 414 253 127 1,067 TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS 0 0 14 56 381 52 503 PGIM TOTAL RETURN BOND FUND -CLASS Z 2 58 133 429 344 172 1,138 BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES 5 117 204 501 329 146 1,302 TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS 0 1 379 279 5 1 665 TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS 2 289 609 14 4 3 921 T. ROWE PRICE NEW HORIZONS FUND 7 162 234 447 310 116 1,276 TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS 0 4 9 289 237 7 546 PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND 1 2 5 18 35 34 95 SELF DIRECTED BROKERAGE ACCOUNT 0 3 17 38 27 13 98 FIDELITY SMALL CAP INDEX FUND 2 37 79 187 107 55 467 VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A 4 122 195 407 268 111 1,107 FIDELITY EMERGING MARKETS INDEX FUND 4 115 168 370 222 76 955 TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS 1 328 257 5 2 0 593 TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS 1 0 4 29 143 102 279 BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A 3 40 75 263 215 85 681 FIDELITY PURITAN FUND 0 10 57 192 155 112 526 FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I 5 112 176 377 245 92 1,007 TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS 2 468 2 2 0 0 474 AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E 0 36 127 324 192 106 785 AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5 1 29 71 140 88 34 363 PIMCO INCOME FUND CLASS A 0 8 42 154 91 29 324 PGIM HIGH YIELD FUND- CLASS Z 0 7 43 128 84 41 303 COHEN & STEERS REALTY SHARES FUND CLASS L 0 13 58 144 78 25 318 FIDELITY MID CAP INDEX FUND 1 16 26 59 44 16 162 DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS 0 7 26 110 61 22 226 TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS 89 164 3 2 4 0 262 FIDELITY INTERNATIONAL INDEX FUND 0 17 35 84 50 24 210 FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND 0 5 10 52 60 33 160 BNY MELLON NATURAL RESOURCES FUND CLASS I 0 5 19 70 36 10 140 TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS 0 0 0 0 8 66 74 COLUMBIA INCOME BUILDER FUND ADVISOR CLASS 0 0 4 19 18 7 48 VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL 1 6 4 6 10 3 30 COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS 0 0 3 13 18 8 42 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS 0 3 7 22 14 3 49 TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS 0 0 0 10 7 43 60 TIAA-CREF LIFECYCLE INDEX 2065 FUND INSTITUTIONAL CLASS 29 0 0 0 2 0 31 Total Participants 125 920 1,133 1,492 1,058 649 5,377 Average # of Funds Per Participant 1.5 3.0 3.8 5.9 5.7 4.7 4.7 For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Participant Count by Fund by Age Group as of December 31, 2021 Oakland County 401(A) Employees Retirement System 30 Plan Summary 31 For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public Assets and contributions reflect actual participant account balances and do not include outstanding loan balances, forfeiture s, 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 i s 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 provi der and or record keeper. Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company, Hartford, CT, or its af filiates. Securities products and services are offered through Prudential Investment Management Services LLC (PIMS), Newark, NJ, a Prud ential Financial company. Prudential Retirement's registered representatives are registered with Prudential Investment Management Services, LLC, Newark , NJ. A Prudential Financial Company. In providing this information Prudential Retirement is not undertaking to provide impartial investment advice, or to give advice in a fiduciary capacity. Prudential Retirement may benefit from advisory and other fees paid to it or its affiliates for managing, selling, or settling of the Pr udential mutual funds and other investment products or securities offered by Prudential Retirement or its affiliates. Investment vehicles sponsored or manage d by a Prudential Retirement affiliate generate more revenue for the Prudential enterprise than non -proprietary investment vehicles. Prudential Retirement's sales personnel generally receive greater compensation if plan assets are invested in proprietary investment vehicles. Prudential Retirement may benefit direct ly from the difference between investment earnings of Prudential Retirement's stable value funds and the amount credited to deposits in those funds. Prudent ial Retirement may also benefit from broker-dealer or other entities’ co-sponsorship of Prudential conferences. Prudential Retirement's separate accounts are available under group variable annuity contracts issued by Prudential Retiremen t Insurance and Annuity Company (PRIAC), Hartford, CT. PRIAC is a Prudential Financial company. © 2021 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 12/31/2020 . Oakland County 401(A) Employees Retirement System 31 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Section II: Oakland County 457(b) Deferred Compensation Plan Plan Summary –940080 32 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. PLAN SUMMARY AND BENCHMARK TRENDS 33 Plan Summary Historical Plan Statistics 12/31/2018 12/31/2019 12/31/2020 12/31/2021 1/1/2018 - 12/31/2018 1/1/2019 - 12/31/2019 1/1/2020 - 12/31/2020 1/1/2021 - 12/31/2021 Total Participants Balances $243,717,083 $297,855,179 $366,367,292 $407,399,864 Contributions*$8,682,454 $12,581,854 $12,532,899 $14,754,164 Distributions*($11,461,147) ($14,690,993) ($15,269,854) ($27,146,307) Cash Flow ($2,778,693) ($2,109,139) ($2,736,954) ($12,392,143) Market Value Gain / Loss**NA $57,863,376 $71,546,108 $54,416,289 Account Balances Average Participant Balance $76,568 $88,123 $106,813 $116,767 National Average Benchmark**$97,903 $102,586 $103,108 $110,278 Participation / Deferrals Participation Rate 65.3%68.8%69.6%69.2% National Average Benchmark***79.3%79.2%78.9%79.0% Average Contribution Rate (%)8.8%8.3%8.7%9.1% National Average Benchmark***6.6%6.8%7.1%7.5% Total Participants with a Balance 3,183 3,380 3,430 3,489 Asset Allocation % of Plan Assets in Stable Value 12.7%12.7%13.3%12.5% Prudential % of Plan Assets in Stable Value 24.5%25.8%22.1%20.7% % of Plan Assets for GoalMaker Participants 5.2%13.3%14.1%15.1% Participation Rate in GoalMaker 7.1%17.8%19.1%20.6% Number of Participants in GoalMaker 226 601 654 718 Number of Participants in One Fund 1,146 1,114 1,116 1,151 Number of Participants in Four or More Funds 1,403 1,694 1,737 1,788 Distributions Number of Distributions*737 1,006 1,014 1,161 Termination $9,424,088 $12,116,403 $10,697,670 $21,621,305 Hardship $16,318 $21,212 $0 $5,712 In Service ($25,386)($13,865)$119,607 $33,003 Coronavirus-Related Withdrawal $0 $0 $1,168,348 $0 Amount of Distributions $11,461,147 $14,690,993 $15,269,854 $27,146,307 Amount of Distributions Representing Rollovers $7,969,612 $9,141,072 $8,386,280 $18,703,764 % of Assets Distributed*4.7%4.9%4.2%6.7% Loans Number of New Loans 72 71 63 59 Number of Outstanding Active Loans 317 281 252 213 Average Loan Balance $7,205 $7,507 $7,100 $6,356 *Includes Rollovers, Coronavirus-Related Distributions & Repayments, and Qualified Birth or Adoption Distributions & Repayments if applicable on the plan. **This is not the equivalent of a plan level return on investment due to the timing of additions, distributions and underlying investment performance. ***External Benchmark Source: PLANSPONSOR Defined Contribution Annual Survey For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers. Oakland County 34 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important not es and disclaimers. Plan Demographics Summary 12/31/2020 1/1/2020 1/1/2020- 12/31/2020 1/1/2021- 12/31/2021 Total Participants*3,430 3,489 Active Participants 2,592 2,520 Terminated Participants 746 885 Suspended Participants 5 3 Other Participants**84 80 Multiple Status Participants***3 1 Average Participant Balance $106,813 $116,767 Average Account Balance for Active Participants $88,115 $91,664 Median Participant Balance $27,398 $29,608 Median Participant Balance for Active Participants $20,944 $22,724 Participants Age 50 and Over 1,782 1,845 Total Assets for Participants Age 50 and Over $294,808,785 $332,774,647 Total (Contributions + Rollovers In)$12,532,899 $14,754,164 Employee Contributions $12,235,858 $13,762,590 Rollovers In $297,041 $991,573 Total Distributions ($15,269,854) ($27,146,307) Percentage of Assets Distributed 4.2%6.7% Market Value Gain / Loss****$71,546,108 $54,416,289 Total Participant Balances $366,367,292 $407,399,864 *** 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. Oakland County 457(b) Deferred Compensation Plan 35 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Plan Features GoalMaker 12/31/2020 12/31/2021 Plan Assets for Participants in GoalMaker $51,613,203 $61,503,382 % of Plan Assets for GoalMaker Participants 14.1%15.1% # of Participants in GoalMaker 654 718 Participation Rate in GoalMaker 19.1%20.6% Prudential % of Participants in GoalMaker - As of 12/31/2020 IncomeFlex 12/31/2020 12/31/2021 % of Plan Assets Invested in IncomeFlex Funds for IncomeFlex Participants 35.9%45.3% # of Participants in IncomeFlex 24 25 Participation Rate in IncomeFlex 0.7%0.7% Prudential % of Participants in IncomeFlex - As of 12/31/2020 Auto Features 12/31/2020 12/31/2021 % of Contributing Participants in Contribution Accelerator 7.5%8.2% Prudential % of Contributing Participants in Contribution Accelerator - As of 12/31/2020 Stable Value 12/31/2020 12/31/2021 Participation Rate in Stable Value 33.6%33.6% % of Plan Assets in Stable Value 13.1%12.5% Prudential % of Plan Assets in Stable Value - As of 12/31/2020 eDelivery 12/31/2020 12/31/2021 # of Participants Enrolled in eDelivery 2,441 2,561 # of Participants Affirmatively Elected eDelivery 2,441 2,552 # of Participants Defaulted into eDelivery 0 9 % of Participants in eDelivery 72.3% 74.2% Prudential % of Participants in eDelivery - As of 12/31/2020 50.4% 20.7% 52.2% 7.8% 30.4% Oakland County 457(b) Deferred Compensation Plan Transaction Summary Participant Activity 36 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important notes and disclaimers. Oakland County 457(b) Deferred Compensation Plan Benchmark Trends –Plan Features 37 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Plan Features Your Plan Prudential Book of Business Industry Average* Plan Sponsor Survey 2020** Plan Sponsor Survey 2021*** Participation Rate 69.2%70.5%66.9%78.9%79.0% Average Contribution Rate (%)9.1%7.7%7.1%7.1%7.5% Average Account Balance $116,767 $80,721 $99,973 $103,108 $110,278 Median Account Balance $29,608 $77,565 $65,359 $79,970 $83,441 % of Plan Assets in Stable Value 12.5%20.7%N/A N/A N/A Average # of Funds Held 5.4 5.2 5.1 6.3 5.0 % of 55+ Participants Utilizing IncomeFlex®0.8%9.1%N/A N/A N/A % of Participants Utilizing GoalMaker®20.6%52.2%N/A N/A N/A % of Participants have Outstanding Active Loans 5.2%12.2%10.2%14.2%12.8% Average Loan Balance $6,356 $7,891 $9,190 $10,121 $10,709 % of Participants Utilizing eDelivery 74.2%50.4%N/A N/A N/A **2020 Annual Survey, 2020 (Overall) ***2021 Annual Survey, 2021 (Overall) Prudential’s Book of Business averages are as of 12/31/2020 External Benchmark Source: PLANSPONSOR Defined Contribution Annual Survey *Annual Survey, 2021 (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. © 2021 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. Oakland County 457(b) Deferred Compensation Plan Benchmark Trends –Participant Behavior 38 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Asset Allocation/Net Activity By Age January 1, 2021 to December 31, 2021 Less than 25 25-34 35-44 45-54 55-64 65+Total Total Participant Balances $147,058 $6,693,562 $26,619,929 $112,106,693 $131,570,673 $130,261,949 $407,399,864 % Assets 0.0%1.6%6.5%27.5%32.3%32.0%100.0% Average Contribution Rate ($)$82 $113 $153 $221 $257 $457 $204 Average Contribution Rate (%)7.7%7.3%8.0%9.5%13.0%14.3%9.1% Prudential Avg. Contribution Rate (%) as of 12/31/2020 5.2%6.2%7.0%8.1%9.7%11.4%7.7% Contributions $88,462 $1,531,646 $2,450,509 $5,113,778 $3,592,797 $985,398 $13,762,590 Rollovers In*$0 $130,899 $42,898 $641,939 $37,036 $138,802 $991,573 Total (Contributions + Rollovers In)$88,462 $1,662,545 $2,493,407 $5,755,717 $3,629,833 $1,124,200 $14,754,164 Cash Distributions ($1,426)($140,737)($104,920)($841,642)($4,128,909)($3,224,908)($8,442,543) Rollovers Out ($2,005)($118,000)($310,880)($1,212,652)($7,388,038)($9,672,188)($18,703,764) Total (Cash Distributions + Rollovers Out)($3,432)($258,737)($415,800)($2,054,295)($11,516,947)($12,897,096)($27,146,307) Net Activity $85,031 $1,403,808 $2,077,607 $3,701,423 ($7,887,115)($11,772,897)($12,392,143) Total Participants**42 496 649 1,031 790 482 3,490 Average Account Balance $3,501 $13,495 $41,017 $108,736 $166,545 $270,253 $116,733 Prudential Avg. Account Balance as of 12/31/2020 $3,940 $17,635 $49,972 $97,117 $136,242 $138,917 $80,721 Median Account Balance $1,770 $7,077 $13,270 $45,192 $69,957 $108,695 $29,608 Prudential Median Account Balance as of 12/31/2020 $4,404 $14,335 $34,065 $58,607 $86,341 $121,113 $77,565 High Balance $17,044 $221,019 $609,171 $1,094,312 $2,471,655 $4,057,494 Low Balance $80 $17 $27 $23 $0.01 $0.01 *Rollovers In is the total dollars credited to participant accounts within 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 within different age groups (decedent's date of birth), that participant will be counted twice. Oakland County 457(b) Deferred Compensation Plan Average Balance by Years of Service as of December 31, 2021 Years of Service 0 - 5 6 - 10 11 - 15 16 - 20 21 - 25 26 - 30 31 - 35 36 - 40 41 - 45 46 - 50 51 -55 56-60 Average Account Balance* $16,600 $34,712 $44,117 $73,913 $151,519 $220,356 $241,657 $176,957 $500,118 $59,205 $0 $1,642,693 * Active Employees 39 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. RETIREMENT READINESS 40 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Due to rounding, pie chart may not equal 100% Oakland County 457(b) Deferred Compensation Plan 41 Plan Summary For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers. by Location Name Participation Rate By Employee Location as of December 31, 2021 Oakland County 457(b) Deferred Compensation Plan Contributing Enrolled Not Contributing Eligible Not Enrolled 52/1 District Court 36 0 13 73.5% 52/2 District Court 15 0 10 60.0% 52/3 District Court 19 1 23 44.2% 52/4 District Court 13 0 13 50.0% Animal Control 16 0 7 69.6% Aviation & Transportation 13 0 4 76.5% Board Of Commissioners 21 1 18 52.5% Bus Dev Admin.3 0 1 75.0% Bus Dev/Business Retention & Expansion 4 0 0 100.0% Bus Dev/Emerging Growth & Innovation 1 0 1 50.0% Business Development/Financial Services 3 0 0 100.0% Children’s Village 0 0 2 0.0% Children’s Village Admin.67 2 89 42.4% Circuit Court 210 10 141 58.2% Clerk/Register of Deeds 53 1 30 63.1% Community & Home Improvement 9 0 8 52.9% Community Corrections 25 1 20 54.3% Corporation Counsel/Risk Management 16 0 5 76.2% County Executive 55 1 18 74.3% Dept. of Communications Marketing & Communications Unit 1 0 1 50.0% Dept. of Public Communications Creative Operations Unit 4 0 0 100.0% Economic Dev & Comm Affairs 2 0 3 40.0% Emergency Management and Homeland Security 4 0 2 66.7% Emergency Management and Homeland Security/Building Safety 16 1 7 66.7% Equalization 68 2 6 89.5% Facilities 72 4 63 51.8% Health 204 4 70 73.4% Health Business Admin Services 4 0 1 80.0% Homeland Security 2 0 1 66.7% Housing Counsel & Homeless Services 2 0 1 66.7% Human Resources 23 1 2 88.5% Location Participants Participation Rate % 12/31/2021 Contributing Enrolled Not Contributing Eligible Not Enrolled IT 95 5 24 76.6% Management & Budget/Fiscal Services 70 4 10 83.3% Medical Examiner 14 0 4 77.8% MSU Extension Administration 1 0 3 25.0% National & International Bus Attraction 1 1 1 33.3% Parks and Recreation 48 2 28 61.5% Planning & Economic Development 12 0 2 85.7% Probate Court 36 2 7 80.0% Prosecuting Attorney 93 4 60 59.2% Purchasing 8 0 1 88.9% Sheriff 514 16 96 82.1% Sheriff/Addison 6 0 1 85.7% Sheriff/Brandon 11 1 1 84.6% Sheriff/Commerce 32 2 5 82.1% Sheriff/Highland 15 0 2 88.2% Sheriff/Independence 31 1 1 93.9% Sheriff/Lyon 17 1 1 89.5% Sheriff/Oakland 11 1 2 78.6% Sheriff/Orion 33 0 1 97.1% Sheriff/Oxford 18 0 0 100.0% Sheriff/Pontiac 67 4 20 73.6% Sheriff/Rochester Hills 58 1 3 93.5% Sheriff/Springfield 9 0 1 90.0% Support Services 23 0 7 76.7% Treasurer 24 5 5 70.6% Veterans Services 6 0 7 46.2% Water Resources Commissioner 200 13 104 63.1% Workforce Development 5 0 1 83.3% #N/A 2 29 7 5.3% Total 2,441 121 965 69.2% Location Participants Participation Rate % 12/31/2021 42 Plan Summary For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers. by Participation Rate % Participation Rate By Employee Location as of December 31, 2021 Oakland County 457(b) Deferred Compensation Plan Contributing Enrolled Not Contributing Eligible Not Enrolled Bus Dev/Business Retention & Expansion 4 0 0 100.0% Business Development/Financial Services 3 0 0 100.0% Dept. of Public Communications Creative Operations Unit 4 0 0 100.0% Sheriff/Oxford 18 0 0 100.0% Sheriff/Orion 33 0 1 97.1% Sheriff/Independence 31 1 1 93.9% Sheriff/Rochester Hills 58 1 3 93.5% Sheriff/Springfield 9 0 1 90.0% Equalization 68 2 6 89.5% Sheriff/Lyon 17 1 1 89.5% Purchasing 8 0 1 88.9% Human Resources 23 1 2 88.5% Sheriff/Highland 15 0 2 88.2% Planning & Economic Development 12 0 2 85.7% Sheriff/Addison 6 0 1 85.7% Sheriff/Brandon 11 1 1 84.6% Management & Budget/Fiscal Services 70 4 10 83.3% Workforce Development 5 0 1 83.3% Sheriff 514 16 96 82.1% Sheriff/Commerce 32 2 5 82.1% Health Business Admin Services 4 0 1 80.0% Probate Court 36 2 7 80.0% Sheriff/Oakland 11 1 2 78.6% Medical Examiner 14 0 4 77.8% Support Services 23 0 7 76.7% IT 95 5 24 76.6% Aviation & Transportation 13 0 4 76.5% Corporation Counsel/Risk Management 16 0 5 76.2% Bus Dev Admin.3 0 1 75.0% County Executive 55 1 18 74.3% Sheriff/Pontiac 67 4 20 73.6% Location Participants Participation Rate % 12/31/2021 Contributing Enrolled Not Contributing Eligible Not Enrolled 52/1 District Court 36 0 13 73.5% Health 204 4 70 73.4% Treasurer 24 5 5 70.6% Animal Control 16 0 7 69.6% Emergency Management and Homeland Security 4 0 2 66.7% Emergency Management and Homeland Security/Building Safety 16 1 7 66.7% Homeland Security 2 0 1 66.7% Housing Counsel & Homeless Services 2 0 1 66.7% Clerk/Register of Deeds 53 1 30 63.1% Water Resources Commissioner 200 13 104 63.1% Parks and Recreation 48 2 28 61.5% 52/2 District Court 15 0 10 60.0% Prosecuting Attorney 93 4 60 59.2% Circuit Court 210 10 141 58.2% Community Corrections 25 1 20 54.3% Community & Home Improvement 9 0 8 52.9% Board Of Commissioners 21 1 18 52.5% Facilities 72 4 63 51.8% 52/4 District Court 13 0 13 50.0% Bus Dev/Emerging Growth & Innovation 1 0 1 50.0% Dept. of Communications Marketing & Communications Unit 1 0 1 50.0% Veterans Services 6 0 7 46.2% 52/3 District Court 19 1 23 44.2% Children’s Village Admin.67 2 89 42.4% Economic Dev & Comm Affairs 2 0 3 40.0% National & International Bus Attraction 1 1 1 33.3% MSU Extension Administration 1 0 3 25.0% #N/A 2 29 7 5.3% Children’s Village 0 0 2 0.0% Total 2,441 121 965 69.2% Location Participants Participation Rate % 12/31/2021 43 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Total Retirement Income Calculator Completions -Number of RIC completions for the given time period. If a single participant completed the RIC multiple times within the giv en 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 period Contribution 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 participants Average 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 participants Average 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 t he 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 comple ted the RIC divided by the total count of all those active, eligible & suspended participants that have completed the RIC. Individuals no t 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. Oakland County 457(b) Deferred Compensation Plan Retirement Income Calculator (RIC) Analysis Total Retirement Income Calculator Completions 970 Unique Completions 560 Contribution Rate Increase 110 Average Balance, RIC Participant $103,218 Average Balance, Non-RIC Participant $83,723 Average Contribution Rate, RIC Participant 9.53% Average Contribution Rate, Non-RIC Participant 8.52% Total Count of Participants with a RIC Gap 1,010 Average RIC Gap $2,840 Total Count of Participants with a RIC Surplus 505 Average RIC Surplus $2,348 Average Income Replacement, RIC Participant 67% Average Income Replacement, Non-RIC Participant 136% Note - due to market volatility and COVID, the numbers might be lower than prior quarters. 1/1/2021 - 12/31/2021 Since Inception for Currently Active Participants as of 12/31/2021 44 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Oakland County 457(b) Deferred Compensation Plan IncomeFlex Participation 45 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. # of Participants % of Contributing Participants Prudential % of Contributing Participants* Number of Participants in Contribution Accelerator program as of Reporting End Date**199 8.2%30.4% Contribution Increment of 1%166 6.8%N/A Contribution Increment of 2%21 0.9%N/A Contribution Increment of >= 3%12 0.5%N/A *Prudential Book of Business as of 12/31/2020 ** Includes participants with Contribution Accelerator Increment Amounts ($) if applicable on the plan for participants in Contribution Accelerator for participants not in Contribution Accelerator 9.3% average contribution rate(%) Auto Features As of 12/31/2021 As of : 8.7% average contribution rate(%) 1 42 53 80 22 1 0 10 20 30 40 50 60 70 80 90 Less than 25 25-34 35-44 45-54 55-64 65+ # of Participants in Contribution Accelerator # of Participants in Contribution Accelerator As of December 31, 2021 Oakland County 457(b) Deferred Compensation Plan Auto Features (1 of 2) 46 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. 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 we re 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 Features 1/1/2021 - 12/31/2021 Number of Participants Enrolled Into Contribution Accelerator During the Reporting Period*46 Number of Participants That Declined Contribution Accelerator During the Reporting Period 105 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*36 Opted Into Contribution Accelerator at >1% Contribution Increment 5 * Includes participants with Contribution Accelerator Increment Amounts ($) if applicable on the plan Contribution Accelerator Oakland County 457(b) Deferred Compensation Plan Auto Features (2 of 2) 47 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. PLAN ACTIVITY 48 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important notes and disclaimers. INVESTMENT OPTIONS 1/1/2020 - 12/31/2020 % 1/1/2021 - 12/31/2021 %Change % FIDELITY GROWTH COMPANY K6 FUND $913,698 7.5%$1,436,483 10.4%$522,786 57.2% FIDELITY 500 INDEX FUND $1,140,287 9.3%$1,209,749 8.8%$69,462 6.1% GUARANTEED INCOME FUND $864,987 7.1%$1,166,643 8.5%$301,656 34.9% JPMORGAN EQUITY INCOME FUND CLASS R5 $773,984 6.3%$916,064 6.7%$142,080 18.4% MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3 $630,033 5.2%$774,906 5.6%$144,873 23.0% T. ROWE PRICE NEW HORIZONS FUND $641,250 5.2%$736,381 5.4%$95,131 14.8% TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $528,351 4.3%$608,242 4.4%$79,890 15.1% PGIM TOTAL RETURN BOND FUND -CLASS Z $490,762 4.0%$567,237 4.1%$76,475 15.6% TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $503,534 4.1%$533,491 3.9%$29,957 5.9% TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $495,699 4.1%$497,604 3.6%$1,905 0.4% TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $353,427 2.9%$419,578 3.1%$66,152 18.7% TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $343,658 2.8%$396,453 2.9%$52,796 15.4% FIDELITY EMERGING MARKETS INDEX FUND $315,603 2.6%$380,414 2.8%$64,811 20.5% TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $310,026 2.5%$364,169 2.7%$54,143 17.5% VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A $289,206 2.4%$328,544 2.4%$39,338 13.6% LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND $211,976 1.7%$303,499 2.2%$91,523 43.2% FIDELITY PURITAN FUND $309,970 2.5%$302,662 2.2%($7,308)-2.4% BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES $38,798 0.3%$294,187 2.1%$255,390 658.3% TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $377,809 3.1%$293,037 2.1%($84,772) -22.4% FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I $238,661 2.0%$292,635 2.1%$53,974 22.6% AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E $278,062 2.3%$281,954 2.1%$3,893 1.4% BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A $143,826 1.2%$201,327 1.5%$57,501 40.0% TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $176,603 1.4%$192,264 1.4%$15,661 8.9% FIDELITY SMALL CAP INDEX FUND $157,747 1.3%$186,610 1.4%$28,863 18.3% FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND $166,361 1.4%$135,257 1.0%($31,105) -18.7% AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5 $89,023 0.7%$117,243 0.9%$28,220 31.7% Contributions by Fund Oakland County 457(b) Deferred Compensation Plan 49 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important notes and disclaimers. Contributions by Fund (Continued) Oakland County 457(b) Deferred Compensation Plan INVESTMENT OPTIONS 1/1/2020 - 12/31/2020 % 1/1/2021 - 12/31/2021 %Change % TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $81,383 0.7%$116,152 0.8%$34,769 42.7% FIDELITY INTERNATIONAL INDEX FUND $99,823 0.8%$109,677 0.8%$9,853 9.9% FIDELITY MID CAP INDEX FUND $99,644 0.8%$99,994 0.7%$350 0.4% COHEN & STEERS REALTY SHARES FUND CLASS L $76,303 0.6%$83,537 0.6%$7,234 9.5% PIMCO INCOME FUND CLASS A $65,126 0.5%$81,342 0.6%$16,216 24.9% PGIM HIGH YIELD FUND- CLASS Z $62,011 0.5%$66,593 0.5%$4,582 7.4% DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS $16,694 0.1%$51,104 0.4%$34,410 206.1% GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS $39,401 0.3%$38,438 0.3%($963)-2.4% COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS $35,218 0.3%$33,843 0.3%($1,375)-3.9% TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $38,798 0.3%$27,807 0.2%($10,990) -28.3% TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $21,058 0.2%$27,184 0.2%$6,126 29.1% VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL $2,973 0.0%$25,771 0.2%$22,799 767.0% PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND $28,743 0.2%$22,569 0.2%($6,174) -21.5% COLUMBIA INCOME BUILDER FUND ADVISOR CLASS $26,033 0.2%$15,615 0.1%($10,418) -40.0% BNY MELLON NATURAL RESOURCES FUND CLASS I $10,466 0.1%$12,126 0.1%$1,660 15.9% TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $22,752 0.2%$11,274 0.1%($11,478) -50.4% TIAA-CREF LIFECYCLE INDEX 2065 FUND INSTITUTIONAL CLASS $0 0.0%$2,931 0.0%$2,931 N/A FIDELITY GROWTH COMPANY $419,807 3.4%$0 0.0%($419,807) -100.0% EATON VANCE ATLANTA CAPITAL SMID-CAP FUND CLASS A $236,370 1.9%$0 0.0%($236,370) -100.0% FIDELITY CONTRAFUND FUND $25,469 0.2%$0 0.0%($25,469) -100.0% BNY MELLON GLOBAL FIXED INCOME FUND - CLASS I $19,007 0.2%$0 0.0%($19,007) -100.0% COHEN & STEERS INSTITUTIONAL REALTY SHARES $10,648 0.1%$0 0.0%($10,648) -100.0% AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-6 $9,748 0.1%$0 0.0%($9,748) -100.0% INVESCO SENIOR FLOATING RATE FUND CLASS Y $5,044 0.0%$0 0.0%($5,044) -100.0% Total Assets Contributed $12,235,858 100.0%$13,762,590 100.0%$1,526,732 12.5% 50 Plan Summary INVESTMENT OPTIONS IN OUT NET GUARANTEED INCOME FUND $12,750,917 ($6,983,210) $5,767,707 PGIM TOTAL RETURN BOND FUND -CLASS Z $3,120,163 ($1,555,513) $1,564,650 BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A $1,484,833 ($510,494) $974,339 MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3 $1,495,165 ($914,885) $580,280 FIDELITY EMERGING MARKETS INDEX FUND $1,043,964 ($465,500) $578,463 DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS $848,559 ($289,844) $558,716 PIMCO INCOME FUND CLASS A $1,030,008 ($480,119) $549,889 FIDELITY MID CAP INDEX FUND $758,769 ($234,944) $523,824 PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND $773,403 ($320,187) $453,216 AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5 $582,072 ($187,384) $394,688 FIDELITY SMALL CAP INDEX FUND $934,178 ($565,710) $368,468 FIDELITY INTERNATIONAL INDEX FUND $476,399 ($123,909) $352,490 JPMORGAN EQUITY INCOME FUND CLASS R5 $2,282,448 ($2,021,889) $260,560 TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $543,181 ($308,462) $234,719 BNY MELLON NATURAL RESOURCES FUND CLASS I $293,073 ($79,476) $213,596 VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL $556,862 ($400,147) $156,715 COLUMBIA INCOME BUILDER FUND ADVISOR CLASS $301,879 ($175,898) $125,981 COHEN & STEERS REALTY SHARES FUND CLASS L $553,733 ($428,878) $124,855 TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $1,487,592 ($1,374,238) $113,354 BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES $787,154 ($735,470)$51,684 TIAA-CREF LIFECYCLE INDEX 2065 FUND INSTITUTIONAL CLASS $27,039 $0 $27,039 TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $273,581 ($250,279)$23,302 TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $2,008 ($1,015)$993 TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $445 ($6,768)($6,322) COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS $103,249 ($131,806)($28,557) GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS $51,076 ($80,558)($29,482) TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $146,605 ($180,542)($33,937) SELF DIRECTED BROKERAGE ACCOUNT $608,302 ($673,449)($65,147) TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $20,045 ($88,994)($68,949) PGIM HIGH YIELD FUND- CLASS Z $358,517 ($430,536)($72,019) FIDELITY 500 INDEX FUND $3,999,992 ($4,078,903)($78,911) TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $0 ($80,615)($80,615) VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A $1,237,897 ($1,356,047) ($118,149) TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $41,529 ($174,545) ($133,016) FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I $1,309,559 ($1,552,929) ($243,370) FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND $815,220 ($1,076,607) ($261,387) TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $25,000 ($312,140) ($287,140) LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND $956,673 ($1,315,228) ($358,555) AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E $186,063 ($550,847) ($364,784) FIDELITY PURITAN FUND $1,050,123 ($1,517,509) ($467,386) TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $58,760 ($1,026,719) ($967,959) TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $529,068 ($1,568,546) ($1,039,478) T. ROWE PRICE NEW HORIZONS FUND $1,847,907 ($3,039,982) ($1,192,074) FIDELITY GROWTH COMPANY K6 FUND $2,755,921 ($10,858,212) ($8,102,291) TOTAL $48,508,933 ($48,508,933)$0 1/1/2021 to 12/31/2021 Interfund Transfers For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Oakland County 457(b) Deferred Compensation Plan 51 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Participant Distribution Statistics Oakland County 457(b) Deferred Compensation Plan 52 Plan Summary For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers. Rollover Distributions Statistics Oakland County 457(b) Deferred Compensation Plan Rollover Institution Rollover Distribution Amount # of Ppts Rollover Institution Rollover Distribution Amount # of Ppts Rollover Institution Rollover Distribution Amount # of Ppts Fidelity $1,996,328 12 Fidelity $3,867,146 11 Charles Schwab $2,178,680 8 Merrill Lynch $1,188,891 3 Raymond James $1,078,075 4 TD Ameritrade $1,814,435 3 TD Ameritrade $1,152,224 6 Oppenheimer $664,472 1 Morgan Stanley $1,709,099 7 Fifth Third Bank $580,746 1 RBC Capital Markets $532,779 1 Fidelity $1,591,365 10 NFS $449,501 2 LPL $417,354 2 Raymond James $1,498,096 5 Putnam $430,728 1 Charles Schwab $415,420 3 Stifel $1,399,860 1 Pershing $406,896 3 NFS $292,137 2 NFS $1,202,450 7 Molloy Financial $364,321 1 Prudential $272,891 4 ATC $803,985 1 Morgan Stanley $323,105 4 Merrill Lynch $168,136 2 Pershing $772,109 7 Thrivent Financial $255,484 2 Allianz $136,307 1 Ameriprise $707,667 2 JP Morgan $244,654 4 Pershing $115,311 2 Assetmark $621,982 1 Prudential $240,539 2 Ameriprise $101,553 5 Wells Fargo $504,749 2 Baird $233,460 1 Vibe CU $94,952 1 Jackson National $452,470 2 Jackson National $169,648 1 Principal $52,176 2 LPL $440,649 3 Equity Trust Co $149,038 1 Equitable $50,215 1 Merrill Lynch $370,353 4 Vibe CU $144,518 1 TSP $46,713 1 Baird $357,035 2 LPL $127,761 3 T Rowe Price $43,063 1 Thrivent Financial $315,931 1 RBC Capital Markets $124,558 1 Edward Jones $21,628 2 Edward Jones $307,930 4 FBL Financial $121,332 1 TIAA $14,414 3 Prudential $270,204 3 Russell Family Solo 401k Plan $76,761 1 E Trade $1,538 1 Pipes 963 Enterprises 401k Plan $234,586 1 Genesys CU $69,594 1 Total $8,386,280 50 Lincoln Investments $203,258 1 Raymond James $61,720 3 USB $153,644 1 VantagePoint $52,962 5 PNC Bank $148,921 1 Charles Schwab $47,858 2 Vanguard $129,344 3 Thrift Savings Plan $38,163 1 VantagePoint Trnsfr $103,072 1 Voya $27,104 1 Vibe Credit Union $88,360 1 PNC Bank $17,819 1 Allianz $64,601 2 AXA $15,471 1 SEI $59,116 1 Edward Jones $12,102 1 Brighthouse $43,732 1 Vanguard $8,708 1 JP Morgan $35,721 1 AEIS $4,394 1 Equitable $34,320 1 USAA $2,119 1 Sammons $26,773 1 Ameriprise $1,331 1 John Hancock $25,956 1 Flagstar Bank $733 1 T Rowe Price $20,961 1 Walled Lake School EFCU $500 1 Nationwide $5,957 2 Total $9,141,072 73 Citizens Bank $3,737 1 Frankenmuth CU $1,282 1 Alerus Financial $972 1 Walmart 401k Plan $404 1 Total $18,703,764 97 1/1/2019 - 12/31/2019 1/1/2020 -12/31/2020 1/1/2021 - 12/31/2021 53 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Loan Activity Loan Utilization By Participant Age *Includes all participant statuses with balance > $0. % of Participants With Withdrawal Activity Oakland County 457(b) Deferred Compensation Plan 54 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Participant Loan Statistics Oakland County 457(b) Deferred Compensation Plan # of Oustanding Active Loans as of 12/31/2021 Participant Count 1 151 2 31 Total 182 Deemed Loans 1/1/2020- 12/31/2020 1/1/2021- 12/31/2021 # of Deemed Loans 4 6 Total Deemed Principal Loan Balance $24,089 $23,820 55 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Definitions: 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). Registered Participants -The total number of individuals that established an account as of the reporting end date, for which they can access their ret irement plan via the Participant Website. Participant Transaction Statistics Oakland County 457(b) Deferred Compensation Plan 56 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. INVESTMENT DIVERSIFICATION 57 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | 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 Value Fixed Inc-Domestic Fixed Inc-Glbl / International Allocation Equity - U.S. Large Equity - U.S. Mid/Small Equity - Glbl / International Alternative / Other Less than 25 25-34 35-44 45-54 55-64 65+Total Participants Invested in Only One Fund 22 220 250 288 225 146 1,151 Average # of Funds per Participant 4.0 4.8 5.1 6.0 5.9 4.8 5.4 Prudential Participants Avg. # of Funds per Participant as of 12/31/2020 5.1 5.3 5.4 5.4 5.2 4.2 5.2 % of Plan Assets in Stable Value 13.3% 1.4% 2.2% 5.8% 15.7% 17.6% 12.5% Prudential % of Plan Assets in Stable Value as of 12/31/2020 7.4% 6.7% 9.0% 13.8% 24.0% 38.3% 20.7% Self Directed Brokerage Account # of Participants 0 2 17 43 35 17 114 Oakland County 457(b) Deferred Compensation Plan Fund Utilization By Age As of December 31, 2021 Assets by Asset Class and Age As of December 31, 2021 Asset Allocation 58 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important notes and disclaimers. The funds in bold type denote inclusion in the GoalMaker®product. INVESTMENT OPTIONS Balance % Invested in Fund # of Ppts Ppts Using as Sole Investment FIDELITY GROWTH COMPANY K6 FUND $75,879,924 18.6%1,608 41 GUARANTEED INCOME FUND $50,815,133 12.5%1,171 126 FIDELITY 500 INDEX FUND $44,840,587 11.0%934 29 JPMORGAN EQUITY INCOME FUND CLASS R5 $18,408,959 4.5%1,285 2 FIDELITY PURITAN FUND $18,192,004 4.5%484 25 T. ROWE PRICE NEW HORIZONS FUND $17,830,689 4.4%1,457 30 PGIM TOTAL RETURN BOND FUND -CLASS Z $15,878,809 3.9%1,063 2 LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND $13,336,265 3.3%619 6 SELF DIRECTED BROKERAGE ACCOUNT $12,766,405 3.1%114 11 MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3 $11,614,003 2.9%863 0 TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $11,298,218 2.8%145 58 TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $10,332,637 2.5%127 75 TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $9,060,094 2.2%204 103 TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $6,870,517 1.7%162 100 BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES $6,726,334 1.7%1,047 1 VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A $6,713,228 1.6%1,222 1 AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E $6,650,289 1.6%631 1 TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $6,129,741 1.5%188 125 FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I $5,969,775 1.5%1,191 0 BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A $5,107,341 1.3%649 0 FIDELITY EMERGING MARKETS INDEX FUND $5,061,827 1.2%1,084 0 TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $4,270,841 1.0%64 16 TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $4,222,807 1.0%53 23 FIDELITY SMALL CAP INDEX FUND $4,014,595 1.0%233 0 FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND $3,830,501 0.9%218 4 TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $3,463,781 0.9%154 112 PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND $3,104,906 0.8%25 2 FIDELITY INTERNATIONAL INDEX FUND $2,816,491 0.7%286 0 COHEN & STEERS REALTY SHARES FUND CLASS L $2,813,998 0.7%179 4 AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5 $2,705,876 0.7%345 1 FIDELITY MID CAP INDEX FUND $2,237,499 0.5%151 3 TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $2,205,168 0.5%137 112 PIMCO INCOME FUND CLASS A $2,186,545 0.5%126 1 PGIM HIGH YIELD FUND- CLASS Z $1,791,850 0.4%194 2 TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $1,776,338 0.4%68 9 DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS $1,447,360 0.4%68 1 COLUMBIA INCOME BUILDER FUND ADVISOR CLASS $964,762 0.2%62 0 TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $896,998 0.2%102 83 COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS $809,444 0.2%67 0 VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL $669,111 0.2%24 0 TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $595,938 0.1%55 38 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS $564,354 0.1%65 0 BNY MELLON NATURAL RESOURCES FUND CLASS I $497,901 0.1%59 0 TIAA-CREF LIFECYCLE INDEX 2065 FUND INSTITUTIONAL CLASS $30,023 0.0%5 4 Total $407,399,864 100.0%0 Oakland County 457(b) Deferred Compensation Plan Utilization by Fund as of December 31, 2021 59 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Due to rounding, bar graph may not equal 100% Investment Utilization Oakland County 457(b) Deferred Compensation Plan 60 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Due to rounding, pie chart may not equal 100% Oakland County 457(b) Deferred Compensation Plan 61 Plan Summary For Plan Sponsor Use Only.Not to be distributed to plan participants or the general public | Please refer to the end of this section for important notes and disclaimers. Default Investor 3/31/2021 6/30/2021 9/30/2021 12/31/2021 Plan Assets for Participants in GoalMaker $0 $0 $0 $0 # of Participants in GoalMaker 0 0 0 0 Participation Rate in GoalMaker 0.0% 0.0% 0.0%0.0% % of Plan Assets for GoalMaker Participants 0.0% 0.0% 0.0%0.0% Non-Default Investor 3/31/2021 6/30/2021 9/30/2021 12/31/2021 Plan Assets for Participants In GoalMaker $54,986,501 $58,972,390 $60,348,141 $61,503,382 # of Participants in GoalMaker 701 710 718 718 Participation Rate in GoalMaker 20.3% 20.6% 20.8% 20.6% % of Plan Assets for GoalMaker Participants 14.8% 14.9% 15.3% 15.1% Total 3/31/2021 6/30/2021 9/30/2021 12/31/2021 Plan Assets for Participants In GoalMaker $54,986,501 $58,972,390 $60,348,141 $61,503,382 # of Participants in GoalMaker 701 710 718 718 Participation Rate in GoalMaker 20.3% 20.6% 20.8% 20.6% % of Plan Assets for GoalMaker Participants 14.8% 14.9% 15.3% 15.1% Percentage of Assets by GoalMaker® Investor As of 12/31/2021 0.0% 100.0% Default Investor Non-Default Investor Due to rounding, pie chart may not equal 100% GoalMaker® Participation –Default vs Non-Default Investor Oakland County 457(b) Deferred Compensation Plan 62 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Oakland County 457(b) Deferred Compensation Plan Asset Allocation by Age Group as of December 31, 2021 Asset Class Less than 25 25-34 35-44 45-54 55-64 65+Total Stable Value $19,613 $94,969 $579,480 $6,520,699 $20,659,194 $22,941,179 $50,815,133 Fixed Inc-Domestic $3,373 $114,359 $818,735 $7,440,524 $10,323,688 $7,243,829 $25,944,508 Fixed Inc-Glbl / International $573 $14,691 $89,350 $1,640,811 $2,006,697 $1,355,219 $5,107,341 Allocation $52,875 $2,276,860 $6,068,059 $21,520,612 $26,678,301 $26,818,064 $83,414,770 Equity - U.S. Large $34,704 $2,068,713 $9,509,142 $41,677,902 $46,685,025 $53,159,362 $153,134,847 Equity - U.S. Mid/Small $17,545 $1,199,710 $4,867,157 $15,291,695 $12,593,765 $9,522,248 $43,492,120 Equity - Glbl / International $18,343 $855,860 $3,121,707 $12,002,716 $8,033,778 $5,380,435 $29,412,840 Alternative / Other $32 $68,399 $1,566,299 $6,011,734 $4,590,226 $3,841,613 $16,078,304 Total Assets $147,058 $6,693,562 $26,619,929 $112,106,693 $131,570,673 $130,261,949 $407,399,865 % of Assets 0.0%1.6%6.5%27.5%32.3%32.0%100.0% Active Participants 40 441 571 880 500 89 2,521 Terminated Participants 2 52 73 142 267 350 886 Suspended Participants 0 0 1 0 1 1 3 Other Participants*0 3 4 9 22 42 80 Total Participants**42 496 649 1,031 790 482 3,490 Avg Account Balance $3,501 $13,495 $41,017 $108,736 $166,545 $270,253 $116,733 *Participant(s) who are not active, terminated or suspended, but have an account b alance greater than $0 (e.g. b reak-in-service, rehire, etc.). **Total column for participant count is a sum of participants across each age group. E.g. If a participant has both a main account and beneficiary account within different age groups (decedent's date of birth), that participant will be counted twice. 63 Plan Summary INVESTMENT OPTIONS Less than 25 25-34 35-44 45-54 55-64 65+Total FIDELITY GROWTH COMPANY K6 FUND $14,248 $681,808 $4,475,376 $18,676,741 $23,287,248 $28,744,504 $75,879,924 GUARANTEED INCOME FUND $19,613 $94,969 $579,480 $6,520,699 $20,659,194 $22,941,179 $50,815,133 FIDELITY 500 INDEX FUND $985 $675,250 $2,501,818 $12,135,798 $14,430,862 $15,095,874 $44,840,587 JPMORGAN EQUITY INCOME FUND CLASS R5 $8,116 $461,380 $1,666,360 $7,230,119 $4,742,040 $4,300,945 $18,408,959 FIDELITY PURITAN FUND $421 $9,982 $298,469 $4,320,265 $5,351,854 $8,211,012 $18,192,004 T. ROWE PRICE NEW HORIZONS FUND $5,256 $580,659 $2,028,210 $5,794,444 $5,841,972 $3,580,148 $17,830,689 PGIM TOTAL RETURN BOND FUND -CLASS Z $1,262 $91,239 $351,674 $4,506,598 $6,187,964 $4,740,072 $15,878,809 LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND $11,286 $246,621 $838,184 $3,549,810 $3,700,315 $4,990,049 $13,336,265 SELF DIRECTED BROKERAGE ACCOUNT $0 $34,058 $1,401,680 $4,954,325 $3,076,776 $3,299,567 $12,766,405 MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3 $10,615 $388,771 $1,440,873 $5,687,671 $2,792,809 $1,293,264 $11,614,003 TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $2,962 $4,588 $58,051 $1,617,635 $4,617,553 $4,997,429 $11,298,218 TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $0 $0 $25,336 $658,275 $7,589,308 $2,059,718 $10,332,637 TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $0 $13,778 $217,362 $4,028,015 $4,219,055 $581,884 $9,060,094 TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $0 $8,121 $393,062 $4,813,271 $1,440,370 $215,693 $6,870,517 BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES $2,805 $138,695 $735,955 $2,585,532 $1,898,246 $1,365,102 $6,726,334 VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A $2,496 $195,703 $706,100 $2,310,787 $1,914,818 $1,583,324 $6,713,228 AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E $14 $135,433 $525,782 $2,097,497 $1,990,899 $1,900,664 $6,650,289 TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $0 $48,252 $1,709,640 $3,501,220 $682,102 $188,527 $6,129,741 FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I $2,801 $158,450 $722,789 $2,540,781 $1,499,484 $1,045,469 $5,969,775 BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A $573 $14,691 $89,350 $1,640,811 $2,006,697 $1,355,219 $5,107,341 FIDELITY EMERGING MARKETS INDEX FUND $4,353 $205,904 $673,659 $2,424,947 $1,106,898 $646,067 $5,061,827 TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $0 $0 $2,723 $269,925 $353,755 $3,644,439 $4,270,841 TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $0 $0 $0 $9,568 $848,298 $3,364,941 $4,222,807 FIDELITY SMALL CAP INDEX FUND $3,368 $89,669 $466,287 $1,205,825 $875,811 $1,373,634 $4,014,595 FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND $0 $16,223 $198,523 $657,175 $1,908,103 $1,050,477 $3,830,501 TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $1,946 $278,612 $2,253,852 $853,264 $61,714 $14,392 $3,463,781 PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND $0 $851 $8,020 $820,286 $516,167 $1,759,582 $3,104,906 FIDELITY INTERNATIONAL INDEX FUND $0 $33,168 $212,087 $666,757 $802,964 $1,101,515 $2,816,491 COHEN & STEERS REALTY SHARES FUND CLASS L $0 $33,754 $141,484 $963,340 $1,260,476 $414,945 $2,813,998 AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5 $3,362 $91,180 $200,084 $988,545 $1,116,523 $306,182 $2,705,876 FIDELITY MID CAP INDEX FUND $819 $36,534 $207,816 $854,326 $563,434 $574,570 $2,237,499 TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $9,604 $795,747 $1,023,577 $124,319 $246,831 $5,090 $2,205,168 PIMCO INCOME FUND CLASS A $24 $956 $120,297 $1,145,730 $703,619 $215,920 $2,186,545 PGIM HIGH YIELD FUND- CLASS Z $2,063 $4,911 $60,147 $458,387 $748,405 $517,936 $1,791,850 TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $0 $6,784 $5,869 $168,846 $158,899 $1,435,941 $1,776,338 DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS $24 $423 $72,771 $606,608 $567,608 $199,924 $1,447,360 COLUMBIA INCOME BUILDER FUND ADVISOR CLASS $0 $0 $18,764 $250,135 $356,446 $339,417 $964,762 TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $4,982 $827,508 $43,181 $16,797 $4,530 $0 $896,998 COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS $0 $607 $15,323 $66,026 $207,989 $519,499 $809,444 VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL $68 $3,655 $27,404 $85,433 $524,560 $27,991 $669,111 TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $29,543 $256,033 $10,151 $68,792 $231,419 $0 $595,938 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS $0 $1,404 $69,222 $137,298 $223,685 $132,744 $564,354 BNY MELLON NATURAL RESOURCES FUND CLASS I $32 $588 $23,135 $94,069 $252,975 $127,102 $497,901 TIAA-CREF LIFECYCLE INDEX 2065 FUND INSTITUTIONAL CLASS $3,418 $26,605 $0 $0 $0 $0 $30,023 Total Assets $147,058 $6,693,562 $26,619,929 $112,106,693 $131,570,673 $130,261,949 $407,399,864 % of Assets 0.0%1.6%6.5%27.5%32.3%32.0%100.0% Total Participants 42 496 649 1,031 790 482 3,490 Avg. Account Balance $3,501 $13,495 $41,017 $108,736 $166,545 $270,253 $116,733 Fund Allocation by Age Group as of December 31, 2021 Oakland County 457(b) Deferred Compensation Plan For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers.64 Plan Summary INVESTMENT OPTIONS Less than 25 25-34 35-44 45-54 55-64 65+Total FIDELITY GROWTH COMPANY K6 FUND 17 182 267 550 380 212 1,608 GUARANTEED INCOME FUND 9 74 130 311 378 269 1,171 FIDELITY 500 INDEX FUND 1 89 126 309 248 161 934 JPMORGAN EQUITY INCOME FUND CLASS R5 12 194 254 420 289 116 1,285 FIDELITY PURITAN FUND 1 11 40 158 150 125 485 T. ROWE PRICE NEW HORIZONS FUND 16 226 281 487 325 122 1,457 PGIM TOTAL RETURN BOND FUND -CLASS Z 6 117 163 345 293 139 1,063 LARGE CAP GROWTH / JP MORGAN INVESTMENT MANAGEMENT FUND 4 84 109 195 147 80 619 SELF DIRECTED BROKERAGE ACCOUNT 0 2 17 43 35 17 114 MFS INTERNATIONAL INTRINSIC VALUE FUND CLASS R3 11 129 169 299 194 61 863 TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS 2 1 6 28 45 63 145 TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS 0 0 3 17 89 18 127 TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS 0 3 12 82 92 15 204 TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS 0 2 19 126 12 4 163 BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO INSTITUTIONAL SHARES 12 138 204 361 242 90 1,047 VICTORY SYCAMORE ESTABLISHED VALUE FUND CLASS A 11 192 240 392 276 111 1,222 AMERICAN FUNDS EUROPACIFIC GROWTH FUND CLASS R-5E 1 77 123 197 150 83 631 TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS 0 6 75 99 7 1 188 FIDELITY ADVISOR SMALL CAP VALUE FUND CLASS I 11 186 240 397 260 97 1,191 BNY MELLON GLOBAL FIXED INCOME FUND - CLASS A 5 50 84 236 201 73 649 FIDELITY EMERGING MARKETS INDEX FUND 13 182 229 361 224 75 1,084 TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS 0 0 2 8 8 46 64 TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS 0 0 0 2 15 36 53 FIDELITY SMALL CAP INDEX FUND 3 29 43 76 55 27 233 FIDELITY INTERMEDIATE TREASURY BOND INDEX FUND 0 13 24 65 66 50 218 TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS 1 23 109 14 4 3 154 PRUDENTIAL INCOMEFLEX TARGET VANGUARD BALANCED INDEX FUND 0 1 5 9 4 6 25 FIDELITY INTERNATIONAL INDEX FUND 0 54 67 80 53 32 286 COHEN & STEERS REALTY SHARES FUND CLASS L 1 13 28 66 52 19 179 AMERICAN FUNDS NEW PERSPECTIVE FUND CLASS R-5 4 65 69 117 73 17 345 FIDELITY MID CAP INDEX FUND 1 12 19 59 45 15 151 TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS 4 67 56 6 3 1 137 PIMCO INCOME FUND CLASS A 1 3 15 54 41 12 126 PGIM HIGH YIELD FUND- CLASS Z 3 12 26 63 60 30 194 TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS 0 2 5 14 12 35 68 DFA INFLATION-PROTECTED SECURITIES PORTFOLIO INSTITUTIONAL CLASS 1 2 6 28 26 5 68 COLUMBIA INCOME BUILDER FUND ADVISOR CLASS 0 0 9 18 26 9 62 TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS 4 91 5 1 1 0 102 COLUMBIA FLOATING RATE FUND INSTITUTIONAL 3 CLASS 0 2 6 16 20 23 67 VANGUARD FTSE SOCIAL INDEX FUND ADMIRAL 1 5 4 6 6 2 24 TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS 10 37 3 2 3 0 55 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INVESTOR CLASS 0 6 13 20 18 8 65 BNY MELLON NATURAL RESOURCES FUND CLASS I 1 3 8 20 19 8 59 TIAA-CREF LIFECYCLE INDEX 2065 FUND INSTITUTIONAL CLASS 3 2 0 0 0 0 5 Total Participants 42 496 649 1,031 790 482 3,490 Average # of Funds Per Participant 4.0 4.8 5.1 6.0 5.9 4.8 5.4 For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Participant Count by Fund by Age Group as of December 31, 2021 Oakland County 457(b) Deferred Compensation Plan 65 Plan Summary 66 For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public Assets and contributions reflect actual participant account balances and do not include outstanding loan balances, forfeiture s, 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 i s 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 provi der and or record keeper. Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company, Hartford, CT, or its af filiates. Securities products and services are offered through Prudential Investment Management Services LLC (PIMS), Newark, NJ, a Prud ential Financial company. Prudential Retirement's registered representatives are registered with Prudential Investment Management Services, LLC, Newark , NJ. A Prudential Financial Company. In providing this information Prudential Retirement is not undertaking to provide impartial investment advice, or to give advice in a fiduciary capacity. Prudential Retirement may benefit from advisory and other fees paid to it or its affiliates for managing, selling, or settling of the Pr udential mutual funds and other investment products or securities offered by Prudential Retirement or its affiliates. Investment vehicles sponsored or manage d by a Prudential Retirement affiliate generate more revenue for the Prudential enterprise than non -proprietary investment vehicles. Prudential Retirement's sales personnel generally receive greater compensation if plan assets are invested in proprietary investment vehicles. Prudential Retirement may benefit direct ly from the difference between investment earnings of Prudential Retirement's stable value funds and the amount credited to deposits in those funds. Prudent ial Retirement may also benefit from broker-dealer or other entities’ co-sponsorship of Prudential conferences. Prudential Retirement's separate accounts are available under group variable annuity contracts issued by Prudential Retiremen t Insurance and Annuity Company (PRIAC), Hartford, CT. PRIAC is a Prudential Financial company. © 2021 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 12/31/2020 . Oakland County 457(b) Deferred Compensation Plan 66 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Section III: Oakland County 457(b) PTNE Plan Plan Summary –940090 67 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. PLAN SUMMARY AND BENCHMARK TRENDS 68 Plan Summary Historical Plan Statistics 12/31/2018 12/31/2019 12/31/2020 12/31/2021 1/1/2018 - 12/31/2018 1/1/2019 - 12/31/2019 1/1/2020 - 12/31/2020 1/1/2021 - 12/31/2021 Total Participants Balances $9,012,721 $10,965,303 $12,968,382 $14,690,383 Contributions*$1,176,194 $1,319,119 $1,145,217 $1,482,131 Distributions*($982,840) ($1,048,654)($673,259) ($1,134,156) Cash Flow $193,355 $270,465 $471,959 $347,975 Market Value Gain / Loss**NA $1,682,118 $1,617,754 $1,676,165 Account Balances Average Participant Balance $3,639 $3,922 $4,446 $4,798 National Average Benchmark**$97,903 $102,586 $103,108 $110,278 Participation / Deferrals Participation Rate 79.9%81.2%71.4%71.5% National Average Benchmark***79.3%79.2%78.9%79.0% Total Participants with a Balance 2,477 2,796 2,917 3,062 Asset Allocation % of Plan Assets in Stable Value 2.8%2.9%2.9%1.5% Prudential % of Plan Assets in Stable Value 24.5%25.8%22.1%20.7% Number of Participants in One Fund 1,192 1,650 1,847 2,138 Number of Participants in Four or More Funds 10 8 8 7 Distributions Number of Distributions*634 455 251 333 Termination $838,718 $929,691 $594,663 $1,053,514 Hardship $0 $0 $0 $0 In Service $0 $0 ($814)$0 Coronavirus-Related Withdrawal $0 $0 $0 $0 Amount of Distributions $982,840 $1,048,654 $673,259 $1,134,156 Amount of Distributions Representing Rollovers $239,247 $392,085 $279,478 $625,079 % of Assets Distributed*10.9%9.6%5.2%7.7% *Includes Rollovers, Coronavirus-Related Distributions & Repayments, and Qualified Birth or Adoption Distributions & Repayments if applicable on the plan. **This is not the equivalent of a plan level return on investment due to the timing of additions, distributions and underlying investment performance. ***External Benchmark Source: PLANSPONSOR Defined Contribution Annual Survey For Plan Sponsor or Consultant Use Only | Please refer to the end of this section for important notes and disclaimers. Oakland County 69 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important not es and disclaimers. Plan Demographics Summary 12/31/2020 1/1/2020 1/1/2020- 12/31/2020 1/1/2021- 12/31/2021 Total Participants*2,917 3,062 Active Participants 1,750 1,586 Terminated Participants 1,106 1,419 Other Participants**61 57 Average Participant Balance $4,446 $4,798 Average Account Balance for Active Participants $5,150 $6,191 Median Participant Balance $2,007 $2,082 Median Participant Balance for Active Participants $2,132 $2,540 Participants Age 50 and Over 1,038 1,067 Total Assets for Participants Age 50 and Over $8,234,418 $9,376,028 Total (Contributions + Rollovers In)$1,145,217 $1,482,131 Employee Contributions $875,294 $975,761 Employer Contributions $183,290 $204,230 Rollovers In $86,633 $302,140 Total Distributions ($673,259) ($1,134,156) Percentage of Assets Distributed 5.2%7.7% Market Value Gain / Loss****$1,617,754 $1,676,165 Total Participant Balances $12,968,382 $14,690,383 ****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. Oakland County 457(b) PTNE Plan 70 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Plan Features Stable Value 12/31/2020 12/31/2021 Participation Rate in Stable Value 1.4%1.2% % of Plan Assets in Stable Value 2.9%1.5% Prudential % of Plan Assets in Stable Value - As of 12/31/2020 eDelivery 12/31/2020 12/31/2021 # of Participants Enrolled in eDelivery 809 940 # of Participants Affirmatively Elected eDelivery 809 932 # of Participants Defaulted into eDelivery 0 8 % of Participants in eDelivery 28.0% 30.9% Prudential % of Participants in eDelivery - As of 12/31/2020 50.4% 20.7% Oakland County 457(b) PTNE Plan Transactions 1/1/2020 - 12/31/2020 1/1/2021 - 12/31/2021 Total Enrollees*281 398 Number of Participants with Transfers 25 518 Distributions 251 333 eDelivery by Document Type 12/31/2020 12/31/2021 Statements 802 926 Confirms 807 936 Tax Forms 798 924 Plan Related Documents N/A 934 *Number of participants that were enrolled into the plan within the reporting period. This can include those individuals who 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. Transaction Summary Call Center 1/1/2020 - 12/31/2020 1/1/2021 - 12/31/2021 Total Call Volume 462 571 Participant Activity 71 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Asset Allocation/Net Activity By Age January 1, 2021 to December 31, 2021 Less than 25 25-34 35-44 45-54 55-64 65+Total Total Participant Balances $852,226 $2,093,071 $1,524,826 $2,261,195 $2,684,966 $5,274,098 $14,690,382 % Assets 5.8%14.2%10.4%15.4%18.3%35.9%100.0% Contributions $181,567 $99,233 $110,986 $171,470 $295,048 $321,688 $1,179,992 Rollovers In*$0 $0 $6,724 $291,630 $3,786 $0 $302,140 Total (Contributions + Rollovers In)$181,567 $99,233 $117,710 $463,100 $298,833 $321,688 $1,482,131 Cash Distributions ($36,062)($65,919)($70,777)($18,366)($91,764)($226,190)($509,077) Rollovers Out ($48,732)($57,226)($42,483)($36,946)($249,483)($190,209)($625,079) Total (Cash Distributions + Rollovers Out)($84,794)($123,144)($113,261)($55,312)($341,246)($416,399)($1,134,156) Net Activity $96,773 ($23,911)$4,450 $407,788 ($42,413)($94,711)$347,975 Total Participants 911 667 281 302 407 494 3,062 Average Account Balance $935 $3,138 $5,426 $7,487 $6,597 $10,676 $4,798 Prudential Avg. Account Balance as of 12/31/2020 $3,940 $17,635 $49,972 $97,117 $136,242 $138,917 $80,721 Median Account Balance $509 $2,409 $3,118 $3,314 $3,639 $8,027 $2,082 Prudential Median Account Balance as of 12/31/2020 $4,404 $14,335 $34,065 $58,607 $86,341 $121,113 $77,565 *Rollovers In is the total dollars credited to participant accounts within the period defined that originated in other qualified retirement plan accounts. Oakland County 457(b) PTNE Plan 72 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. RETIREMENT READINESS 73 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Total Retirement Income Calculator Completions -Number of RIC completions for the given time period. If a single participant completed the RIC multiple times within the giv en 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 period Contribution 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 participants Average 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 participants Average 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 t he 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 comple ted the RIC divided by the total count of all those active, eligible & suspended participants that have completed the RIC. Individuals no t 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. Oakland County 457(b) PTNE Plan Retirement Income Calculator (RIC) Analysis Total Retirement Income Calculator Completions 43 Unique Completions 39 Average Balance, RIC Participant $9,118 Average Balance, Non-RIC Participant $5,840 Total Count of Participants with a RIC Gap 52 Average RIC Gap $3,052 Total Count of Participants with a RIC Surplus 41 Average RIC Surplus $3,427 Average Income Replacement, RIC Participant 80% Note - due to market volatility and COVID, the numbers might be lower than prior quarters. 1/1/2021 - 12/31/2021 Since Inception for Currently Active Participants as of 12/31/2021 74 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. PLAN ACTIVITY 75 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important notes and disclaimers. INVESTMENT OPTIONS 1/1/2020 - 12/31/2020 % 1/1/2021 - 12/31/2021 %Change % TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $145,319 13.7%$152,663 12.9%$7,344 5.1% TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $128,238 12.1%$149,995 12.7%$21,757 17.0% TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $119,240 11.3%$122,199 10.4%$2,959 2.5% TIAA-CREF LIFECYCLE INDEX 2065 FUND INSTITUTIONAL CLASS $0 0.0%$108,842 9.2%$108,842 N/A TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $94,012 8.9%$101,263 8.6%$7,252 7.7% TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $181,715 17.2%$97,312 8.3%($84,404) -46.4% TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $78,316 7.4%$88,071 7.5%$9,755 12.5% TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $60,832 5.8%$73,581 6.2%$12,749 21.0% TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $69,097 6.5%$68,001 5.8%($1,097)-1.6% TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $53,659 5.1%$65,155 5.5%$11,495 21.4% TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $35,931 3.4%$55,024 4.7%$19,093 53.1% TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $42,703 4.0%$43,120 3.7%$417 1.0% TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $36,902 3.5%$39,514 3.4%$2,612 7.1% GUARANTEED INCOME FUND $12,620 1.2%$15,253 1.3%$2,633 20.9% Total Assets Contributed $1,058,584 100.0%$1,179,992 100.0%$121,407 11.5% Contributions by Fund Oakland County 457(b) PTNE Plan 76 Plan Summary INVESTMENT OPTIONS IN OUT NET TIAA-CREF LIFECYCLE INDEX 2065 FUND INSTITUTIONAL CLASS $365,152 $0 $365,152 TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $47,950 ($27,323)$20,627 TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $18,379 $0 $18,379 TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $12,494 ($3,446)$9,048 TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $4,350 ($3,747)$603 TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $1,556 ($3,621)($2,064) TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $0 ($5,523)($5,523) TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $0 ($7,619)($7,619) TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $6,438 ($17,173)($10,735) TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $941 ($11,708)($10,767) GUARANTEED INCOME FUND $55,556 ($67,702)($12,146) TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $5,116 ($26,236)($21,121) TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $7,261 ($47,192)($39,932) TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $12,077 ($315,980) ($303,902) TOTAL $537,270 ($537,270)$0 1/1/2021 to 12/31/2021 Interfund Transfers For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Oakland County 457(b) PTNE Plan 77 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Participant Distribution Statistics Oakland County 457(b) PTNE Plan 78 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Rollover Distributions Statistics Oakland County 457(b) PTNE Plan Rollover Institution Rollover Distribution Amount # of Ppts Rollover Institution Rollover Distribution Amount # of Ppts Rollover Institution Rollover Distribution Amount # of Ppts Pershing $2,364,143 7 Morgan Stanley $33,775 2 NFS $136,662 5 Fidelity $1,659,331 13 Charles Schwab $32,562 5 Fidelity $77,441 20 Wells Fargo $703,681 2 LPL $30,513 3 Pershing $51,320 9 TD Ameritrade $507,542 3 Ameriprise $24,977 2 TD Ameritrade $43,331 5 AEIS $382,184 1 Edward Jones $20,578 5 Prudential $36,890 7 LPL $346,289 3 Fifth Third Bank $18,594 1 Franklin Templton $36,070 1 FBL Financial $338,203 1 Prudential $16,193 4 Ameriprise $33,745 2 Sweet Escape Ventures $312,207 1 Fidelity $14,685 7 Merrill Lynch $27,920 7 Baird $270,382 1 Pershing $14,673 4 Charles Schwab $27,779 12 Vanguard $204,565 6 Great American $8,985 1 Raymond James $22,344 2 Local Gov't Federal CU $177,972 1 TD Ameritrade $7,865 3 Stifel $21,147 1 VantagePoint $168,747 4 North American Co $7,691 1 Edward Jones $10,729 3 Thrivent Financial $155,136 2 State of Michigan 401k Plan $5,845 2 Alerus Financial $10,044 1 Flagstar Bank $139,021 1 Athene $4,427 1 TIAA $8,997 1 Vibe Credit Union $129,155 2 Thrift Savings Plan $3,873 1 Jackson National $7,440 1 Edward Jones $125,063 8 Direct Transfer to 940080 $3,791 2 Direct Transfer to 940080 $7,091 1 Thrift Savings Plan $121,719 3 Merrill Lynch $3,469 2 Vanguard $6,797 2 Mutual of America $117,011 1 Principal $3,244 1 VantagePoint Trnsfr $6,049 1 State of Michigan 401k Plan $83,411 1 NFS $3,235 2 Home Depot 401k $5,093 1 Direct Transfer to 940080 $58,531 12 USAA $2,957 1 FCA 401k $5,000 1 Genesys CU $54,650 3 Assetmark $2,632 1 Transamerica $4,976 1 Ameriprise $48,785 3 Primerica $2,251 1 Principal $4,578 1 Nationwide $40,998 2 E Trade $2,065 1 Thrift Savings Plan $4,306 2 Pacific Life $35,299 1 Raymond James $2,017 2 Voya $3,830 1 ADP $30,677 1 Citizens Bank $1,827 1 JP Morgan $3,808 1 Merrill Lynch $29,504 4 Betterment $1,348 1 Vibe Credit Union $3,516 1 Morgan Stanley $27,062 3 TIAA $1,176 1 Primerica $3,370 1 ETC Custodian $17,352 1 ICMA-RC $1,058 1 LPL $3,365 1 PNC Investments $16,748 2 Michigan Education Savings Program $724 1 Thrivent Financial $2,785 1 Raymond James $11,507 2 JP Morgan $518 1 T Rowe Price $2,674 1 Putnam $9,134 1 Great West $379 1 American Funds $2,233 2 Prudential $8,663 2 Ally Bank $368 1 Greenleaf $1,409 1 National Financial Services $8,546 1 Guideline $333 1 Lincoln Investments $878 1 Fifth Third Bank $8,236 1 Vanguard $332 1 SEI $609 1 JP Morgan $7,462 2 Capital Bank & Trust $292 1 Wells Fargo $528 1 Community Financial CU $7,051 1 Vibe CU $145 1 State of Michigan 401k Plan $328 1 First Clearing $5,850 1 State of Michigan 457 Plan $82 1 Total $625,079 101 Transamerica $3,522 1 Total $279,478 68 Charles Schwab $3,236 3 NFS $2,557 1 Great West $2,342 1 Ascensus Trust $1,491 1 Alerus Financial $1,373 1 USAA $1,305 1 Chemical Bank $1,190 1 Citizens Bank $1,046 1 First Bank $591 1 Cimbas Partners Plan $556 1 Primerica $355 1 Verde Capital Mgmt $44 1 Total $8,751,422 119 1/1/2019 - 12/31/2019 1/1/2020 - 12/31/2020 1/1/2021 - 12/31/2021 79 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Definitions: 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). Registered Participants -The total number of individuals that established an account as of the reporting end date, for which they can access their ret irement plan via the Participant Website. Participant Transaction Statistics Oakland County 457(b) PTNE Plan 80 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. INVESTMENT DIVERSIFICATION 81 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | 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 Value Allocation Less than 25 25-34 35-44 45-54 55-64 65+Total Participants Invested in Only One Fund 829 467 208 197 221 216 2,138 Average # of Funds per Participant 1.1 1.3 1.3 1.4 1.5 1.6 1.3 Prudential Participants Avg. # of Funds per Participant as of 12/31/2020 5.1 5.3 5.4 5.4 5.2 4.2 5.2 % of Plan Assets in Stable Value 0.0% 0.5% 0.5% 0.5% 1.1% 3.0% 1.5% Prudential % of Plan Assets in Stable Value as of 12/31/2020 7.4% 6.7% 9.0% 13.8% 24.0% 38.3% 20.7% Oakland County 457(b) PTNE Plan Fund Utilization By Age As of December 31, 2021 Assets by Asset Class and Age As of December 31, 2021 Asset Allocation 82 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important notes and disclaimers. as of December 31, 2021 INVESTMENT OPTIONS Balance % Invested in Fund # of Ppts Ppts Using as Sole Investment TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $2,004,910 13.6%343 196 TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $1,525,409 10.4%276 125 TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $1,520,316 10.3%255 51 TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $1,443,028 9.8%287 83 TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $1,427,313 9.7%383 204 TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $1,233,120 8.4%203 101 TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $1,213,981 8.3%267 60 TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $1,084,105 7.4%225 110 TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $982,560 6.7%231 128 TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $687,915 4.7%297 107 TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $538,351 3.7%422 266 TIAA-CREF LIFECYCLE INDEX 2065 FUND INSTITUTIONAL CLASS $498,340 3.4%587 581 TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $315,683 2.1%224 110 GUARANTEED INCOME FUND $215,353 1.5%36 16 Total $14,690,383 100.0% Oakland County 457(b) PTNE Plan Utilization by Fund 83 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Due to rounding, bar graph may not equal 100% Investment Utilization Oakland County 457(b) PTNE Plan 84 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of this section for important n otes and disclaimers. Asset Class Less than 25 25-34 35-44 45-54 55-64 65+Total Stable Value $0 $10,666 $7,864 $11,154 $29,458 $156,211 $215,353 Allocation $852,226 $2,082,406 $1,516,962 $2,250,040 $2,655,509 $5,117,887 $14,475,030 Total Assets $852,226 $2,093,071 $1,524,826 $2,261,195 $2,684,967 $5,274,098 $14,690,383 % of Assets 5.8%14.2%10.4%15.4%18.3%35.9%100.0% Active Participants 390 229 145 191 290 341 1,586 Terminated Participants 518 416 125 99 109 152 1,419 Other Participants*3 22 11 12 8 1 57 Total Participants 911 667 281 302 407 494 3,062 Avg Account Balance $935 $3,138 $5,426 $7,487 $6,597 $10,676 $4,798 *Participant(s) who are not active, terminated or suspended, but have an account b alance greater than $0 (e.g. break-in-service, rehire, etc.). Oakland County 457(b) PTNE Plan Asset Allocation by Age Group as of December 31, 2021 85 Plan Summary INVESTMENT OPTIONS Less than 25 25-34 35-44 45-54 55-64 65+Total TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS $20,034 $14,154 $3,532 $17,092 $23,225 $1,926,873 $2,004,910 TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS $0 $467 $22 $709,990 $666,006 $148,923 $1,525,409 TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS $0 $405 $3,065 $1,924 $108,798 $1,406,123 $1,520,316 TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS $0 $443 $22 $6,534 $733,430 $702,599 $1,443,028 TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS $1,239 $987,832 $280,569 $9,262 $21,009 $127,401 $1,427,313 TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS $0 $3,566 $592,548 $581,161 $6,692 $49,152 $1,233,120 TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS $0 $423 $0 $0 $661,848 $551,711 $1,213,981 TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS $0 $494 $24,427 $658,787 $299,622 $100,775 $1,084,105 TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS $0 $141,801 $497,016 $221,894 $71,566 $50,284 $982,560 TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS $35,495 $470,026 $110,010 $17,614 $1,667 $53,104 $687,915 TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS $246,006 $254,041 $5,717 $23,577 $9,011 $0 $538,351 TIAA-CREF LIFECYCLE INDEX 2065 FUND INSTITUTIONAL CLASS $462,461 $4,000 $35 $1,232 $30,612 $0 $498,340 TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS $86,991 $204,754 $0 $973 $22,023 $942 $315,683 GUARANTEED INCOME FUND $0 $10,666 $7,864 $11,154 $29,458 $156,211 $215,353 Total Assets $852,226 $2,093,071 $1,524,826 $2,261,195 $2,684,967 $5,274,098 $14,690,383 % of Assets 5.8%14.2%10.4%15.4%18.3%35.9%100.0% Total Participants 911 667 281 302 407 494 3,062 Avg. Account Balance $935 $3,138 $5,426 $7,487 $6,597 $10,676 $4,798 Fund Allocation by Age Group as of December 31, 2021 Oakland County 457(b) PTNE Plan For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers.86 Plan Summary INVESTMENT OPTIONS Less than 25 25-34 35-44 45-54 55-64 65+Total TIAA-CREF LIFECYCLE INDEX RETIREMENT INCOME FUND INSTITUTIONAL CLASS 79 30 8 14 13 199 343 TIAA-CREF LIFECYCLE INDEX 2025 FUND INSTITUTIONAL CLASS 0 1 1 96 167 11 276 TIAA-CREF LIFECYCLE INDEX 2010 FUND INSTITUTIONAL CLASS 0 1 1 1 12 240 255 TIAA-CREF LIFECYCLE INDEX 2020 FUND INSTITUTIONAL CLASS 0 1 1 3 155 127 287 TIAA-CREF LIFECYCLE INDEX 2045 FUND INSTITUTIONAL CLASS 4 269 92 2 4 12 383 TIAA-CREF LIFECYCLE INDEX 2035 FUND INSTITUTIONAL CLASS 0 2 87 104 3 7 203 TIAA-CREF LIFECYCLE INDEX 2015 FUND INSTITUTIONAL CLASS 0 1 0 0 119 147 267 TIAA-CREF LIFECYCLE INDEX 2030 FUND INSTITUTIONAL CLASS 0 1 7 111 98 8 225 TIAA-CREF LIFECYCLE INDEX 2040 FUND INSTITUTIONAL CLASS 0 35 112 70 8 6 231 TIAA-CREF LIFECYCLE INDEX 2050 FUND INSTITUTIONAL CLASS 20 221 44 3 3 6 297 TIAA-CREF LIFECYCLE INDEX 2060 FUND INSTITUTIONAL CLASS 238 176 1 4 3 0 422 TIAA-CREF LIFECYCLE INDEX 2065 FUND INSTITUTIONAL CLASS 580 1 1 2 3 0 587 TIAA-CREF LIFECYCLE INDEX 2055 FUND INSTITUTIONAL CLASS 74 143 0 1 4 2 224 GUARANTEED INCOME FUND 0 4 3 2 7 20 36 Total Participants 911 667 281 302 407 494 3,062 Average # of Funds Per Participant 1.1 1.3 1.3 1.4 1.5 1.6 1.3 For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Participant Count by Fund by Age Group as of December 31, 2021 Oakland County 457(b) PTNE Plan 87 Plan Summary 88 For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public Assets and contributions reflect actual participant account balances and do not include outstanding loan balances, forfeiture s, 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 i s 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 provi der and or record keeper. Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company, Hartford, CT, or its af filiates. Securities products and services are offered through Prudential Investment Management Services LLC (PIMS), Newark, NJ, a Prud ential Financial company. Prudential Retirement's registered representatives are registered with Prudential Investment Management Services, LLC, Newark , NJ. A Prudential Financial Company. In providing this information Prudential Retirement is not undertaking to provide impartial investment advice, or to give advice in a fiduciary capacity. Prudential Retirement may benefit from advisory and other fees paid to it or its affiliates for managing, selling, or settling of the Pr udential mutual funds and other investment products or securities offered by Prudential Retirement or its affiliates. Investment vehicles sponsored or manage d by a Prudential Retirement affiliate generate more revenue for the Prudential enterprise than non -proprietary investment vehicles. Prudential Retirement's sales personnel generally receive greater compensation if plan assets are invested in proprietary investment vehicles. Prudential Retirement may benefit direct ly from the difference between investment earnings of Prudential Retirement's stable value funds and the amount credited to deposits in those funds. Prudent ial Retirement may also benefit from broker-dealer or other entities’ co-sponsorship of Prudential conferences. Prudential Retirement's separate accounts are available under group variable annuity contracts issued by Prudential Retiremen t Insurance and Annuity Company (PRIAC), Hartford, CT. PRIAC is a Prudential Financial company. © 2021 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 12/31/2020 . 1053439-00002-00 Oakland County 457(b) PTNE Plan 88 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Section IV: Counselor Activity Report –Q4 2021 89 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public Oakland County Retirement Plans Onsite Education Results Q4 2021 Q4 Meetings for Oakland County October November December 20 29 30 5 Plan Enrollment 7 Contribution Increases 2 Rollovers: $156,147.20 October Webinar: Prudential IncomeFlex Total Participants: 0 November Webinar: Oakland County 457 Roth Total Participants: 78 December Webinar: Oakland County 457 Roth Total Participants: 37 Participant Meeting Feedback: “You have helped me to make the right decisions!” “You all provide a great service so why not use it!” 90 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Section V: Education and Communication 91 2021 457(b) Plan For 2021: Plan participation dipped slightly (0.44% lower than last year) while contribution rates, account balances, beneficiaries on file and the web registration rate increased. 2021 Essential Program Campaigns As of Q3 2021, 979 plan actives interacted with the campaign content. And,approximately 234 actives, representing almost 24% of the 979 actives, increased their contributions by an average of 7.84%; specifically: •Happy Birthday increase campaign •Increase Contributions campaign Supplemental Campaigns •Beneficiary Campaign, Feb. 2021 •Results : 82 actives and 106 terms took action to provide or update their beneficiary •457(b) Officer/Command Enroll Campaign, May 2021 •Results: Approximately 6.3% (6 of the 95 actives) took action to increase their contributions •457(b) Roth rollout campaign, Nov. 2021 •Results: 143 actives, 5.68% of actives, adopted Roth as of January 1, 2022. 2021 PARTICIPANT ENGAGEMENT SUMMARY REVIEW 92 Visual placeholder Visual placeholder Visual placeholder Visual placeholder Oakland County Essentials Program Results 2021 Savings Increase and Enrollment Campaigns 93 457(b) Roth Campaign Samples Roth Brochure Roth Email 94 457(b) Plan Command Enroll Campaign Samples May -June 2022 Command Enroll Postcard Command Enroll Email 95 Beneficiary Webinar on February 17, 2021 Email Version: No Beneficiary on File Email Version: Beneficiary on File Oakland County Beneficiary Campaign: February 2021 96 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Section VI: Forfeiture Account 97 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Forfeiture Account Activity –Quarter October 1, 2021 through December 31, 2021 Oakland County 401(A) Employees Retirement System Forfeiture Account Activity –Year to Date January 1, 2021 through December 31, 2021 Forfeiture Account Activity –Prior Year 2020 Source Investment Beginning Forfeiture Balance Additions Reductions Investment Results Dividends / Capital Gains Ending Forfeiture Balance 457B MATCH Guaranteed Income Fund 1,023.82 0.00 ( 1.28) 4.24 0.00 1,026.78 EE MANDATORY PRETAX Guaranteed Income Fund 134.57 0.00 ( 6.99) 0.54 0.00 128.12 EMPLOYER NONELECTIVE VESTING Guaranteed Income Fund 390,848.98 193,138.29 ( 1,148.72) 1,994.31 0.00 584,832.86 392,007.37 193,138.29 ( 1,156.99) 1,999.09 0.00 585,987.76 Forfeiture Account 4Q2021 (10/1/21-12/31/21) Source Investment Beginning Forfeiture Balance Additions Reductions Investment Results Dividends / Capital Gains Ending Forfeiture Balance 457B MATCH Guaranteed Income Fund 1,010.87 0.00 ( 1.28) 17.19 0.00 1,026.78 EE MANDATORY PRETAX Guaranteed Income Fund 142.42 0.00 ( 16.63) 2.33 0.00 128.12 EMPLOYER NONELECTIVE VESTING Guaranteed Income Fund 484,021.75 579,889.16 ( 486,417.37) 7,339.32 0.00 584,832.86 485,175.04 579,889.16 ( 486,435.28) 7,358.84 0.00 585,987.76 Forfeiture Account 2021 Source Investment Beginning Forfeiture Balance Additions Reductions Investment Results Dividends / Capital Gains Ending Forfeiture Balance 457B MATCH Guaranteed Income Fund 990.82 0.00 0.00 20.05 0.00 1,010.87 EE MANDATORY PRETAX Guaranteed Income Fund 0.00 141.41 0.00 1.01 0.00 142.42 EMPLOYER 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 0.00 485,175.04 Forfeiture Account - 2020 98 Plan Summary 99 For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public Assets and contributions reflect actual participant account balances and do not include outstanding loan balances, forfeiture s, 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 i s 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 provi der and or record keeper. Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company, Hartford, CT, or its af filiates. Securities products and services are offered through Prudential Investment Management Services LLC (PIMS), Newark, NJ, a Prud ential Financial company. Prudential Retirement's registered representatives are registered with Prudential Investment Management Services, LLC, Newark , NJ. A Prudential Financial Company. In providing this information Prudential Retirement is not undertaking to provide impartial investment advice, or to give advice in a fiduciary capacity. Prudential Retirement may benefit from advisory and other fees paid to it or its affiliates for managing, selling, or settling of the Pr udential mutual funds and other investment products or securities offered by Prudential Retirement or its affiliates. Investment vehicles sponsored or manage d by a Prudential Retirement affiliate generate more revenue for the Prudential enterprise than non -proprietary investment vehicles. Prudential Retirement's sales personnel generally receive greater compensation if plan assets are invested in proprietary investment vehicles. Prudential Retirement may benefit direct ly from the difference between investment earnings of Prudential Retirement's stable value funds and the amount credited to deposits in those funds. Prudent ial Retirement may also benefit from broker-dealer or other entities’ co-sponsorship of Prudential conferences. Prudential Retirement's separate accounts are available under group variable annuity contracts issued by Prudential Retiremen t Insurance and Annuity Company (PRIAC), Hartford, CT. PRIAC is a Prudential Financial company. © 2021 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. Oakland County 401(A) Employees Retirement System 99 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Section VII: Suspense Account 100 Plan Summary For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Suspense Account Activity January 1, 2021 through December 31, 2021 Oakland County Retirement Plans Oakland County 401(A) Employees Retirement System, Plan 940070 Oakland County 457(b) Deferred Compensation Plan, Plan 940080 Oakland County 457(b) PTNE Plan, Plan 940090 Source Investment Beginning Suspense Balance Additions Reductions Investment Results Dividends / Capital Gains Ending Suspense Balance EE MANDATORY PRETAX Guaranteed Income Fund 4,655.29 0.00 0.00 79.13 0.00 4,734.42 EMPLOYER NONELECTIVE VESTING Guaranteed Income Fund 74,607.63 12,897.31 0.00 1,419.85 0.00 88,924.79 79,262.92 12,897.31 0.00 1,498.98 0.00 93,659.21 Source Investment Beginning Suspense Balance Additions Reductions Investment Results Dividends / Capital Gains Ending Suspense Balance PRE-TAX DEFERRALS Guaranteed Income Fund 7,995.03 0.00 0.00 135.90 0.00 8,130.93 PTNE ER TRANSFER Guaranteed Income Fund 29,962.29 4,244.09 0.00 552.31 0.00 34,758.69 37,957.32 4,244.09 0.00 688.21 0.00 42,889.62 Source Investment Beginning Suspense Balance Additions Reductions Investment Results Dividends / Capital Gains Ending Suspense Balance EMPLOYEE DEFERRALS Guaranteed Income Fund 4,548.25 0.00 0.00 77.31 0.00 4,625.56 4,548.25 0.00 0.00 77.31 0.00 4,625.56 101 Plan Summary 102 For Plan Sponsor Use Only. Not to be distributed to plan participants or the general public Assets and contributions reflect actual participant account balances and do not include outstanding loan balances, forfeiture s, 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 i s 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 provi der and or record keeper. Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company, Hartford, CT, or its af filiates. Securities products and services are offered through Prudential Investment Management Services LLC (PIMS), Newark, NJ, a Prud ential Financial company. Prudential Retirement's registered representatives are registered with Prudential Investment Management Services, LLC, Newark , NJ. A Prudential Financial Company. In providing this information Prudential Retirement is not undertaking to provide impartial investment advice, or to give advice in a fiduciary capacity. Prudential Retirement may benefit from advisory and other fees paid to it or its affiliates for managing, selling, or settling of the Pr udential mutual funds and other investment products or securities offered by Prudential Retirement or its affiliates. Investment vehicles sponsored or manage d by a Prudential Retirement affiliate generate more revenue for the Prudential enterprise than non -proprietary investment vehicles. Prudential Retirement's sales personnel generally receive greater compensation if plan assets are invested in proprietary investment vehicles. Prudential Retirement may benefit direct ly from the difference between investment earnings of Prudential Retirement's stable value funds and the amount credited to deposits in those funds. Prudent ial Retirement may also benefit from broker-dealer or other entities’ co-sponsorship of Prudential conferences. Prudential Retirement's separate accounts are available under group variable annuity contracts issued by Prudential Retiremen t Insurance and Annuity Company (PRIAC), Hartford, CT. PRIAC is a Prudential Financial company. © 2021 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. Oakland County Retirement Plans 102 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. Section VIII: Service Standards Guarantees 103 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 2021 Results - 2nd Quarter 2021 Results - 3rd Quarter 2021 Results - 4th Quarter 2021 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 Overall 1Q Service Level: 83%; Overall 1Q Abandonment Rate: 1.1% Overall 2Q Service Level 81%; Overall 2Q Abandonment Rate: 1.3% Overall 3Q Service Level: 80%; 3Q Abandonment Rate: 1.3% Overall 4Q Service Level: 61%; Abandonment Rate: 4.6% 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 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 83.3%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 96.4%100%100%99.1% Contribution Posting Prudential will post 99% of contributions and repayments to participant accounts within one (1) business day of receipt of good order request. $1,400 100%100%100%100% 104 Amount at Risk GuaranteeService Results - 1st Quarter 2021 Results - 2nd Quarter 2021 Results - 3rd Quarter 2021 Results - 4th Quarter 2021 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. $1,400 100%100%100%100% Participant Satisfaction 80% rating of Satisfied to Highly Satisfied on a 4 point scale $1,400 Overall Participant Satisfaction: 82% Overall Participant Satisfaction: 86% Overall Participant Satisfaction: 88% Overall Participant Satisfaction: 87% 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) $1,400 100%100%100%100% 105 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 2021 Results - 2nd Quarter 2021 Results - 3rd Quarter 2021 Results - 4th Quarter 2021 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 Overall 1Q Service Level: 83%; Overall 1Q Abandonment Rate: 1.1% Overall 2Q Service Level 81%; Overall 2Q Abandonment Rate: 1.3% Overall 3Q Service Level: 80%; 3Q Abandonment Rate: 1.3% Overall 4Q Service Level: 61%; Abandonment Rate: 4.6% 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 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) $1,400 100%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 87.5%100%100%99.1% Contribution Posting Prudential will post 99% of contributions and repayments to participant accounts within one (1) business day of receipt of good order request. $1,400 100%100%100%100% 106 Amount at Risk GuaranteeService Results - 1st Quarter 2021 Results - 2nd Quarter 2021 Results - 3rd Quarter 2021 Results - 4th Quarter 2021 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. $1,400 100%100%100%100% Participant Satisfaction 80% rating of Satisfied to Highly Satisfied on a 4 point scale $1,400 Overall Participant Satisfaction: 82% Overall Participant Satisfaction: 86% Overall Participant Satisfaction: 88% Overall Participant Satisfaction: 87% 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) $1,400 100%100%100%100% 107 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 2021 Results - 2nd Quarter 2021 Results - 3rd Quarter 2021 Results - 4th Quarter 2021 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 Overall 1Q Service Level: 83%; Overall 1Q Abandonment Rate: 1.1% Overall 2Q Service Level 81%; Overall 2Q Abandonment Rate: 1.3% Overall 3Q Service Level: 80%; 3Q Abandonment Rate: 1.3% Overall 4Q Service Level: 61%; Abandonment Rate: 4.6% 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 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) $1,400 100%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 50.0%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. $1,400 100%100%100%100% 108 Amount at Risk GuaranteeService Results - 1st Quarter 2021 Results - 2nd Quarter 2021 Results - 3rd Quarter 2021 Results - 4th Quarter 2021 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. $1,400 100%100%100%100% Participant Satisfaction 80% rating of Satisfied to Highly Satisfied on a 4 point scale $1,400 Overall Participant Satisfaction: 82% Overall Participant Satisfaction: 86% Overall Participant Satisfaction: 88% Overall Participant Satisfaction: 87% 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) $1,400 100%100%100%100% 109 For plan sponsor use only. Not to be distributed to plan participants or the general public | Please refer to the end of thi s section for important notes and disclaimers. 280 Trumbull Street Hartford, CT 06103 © 2021 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.