May 18, 2026BoardMeeting
BoardCity of Fairfield Defined Contribution Retirement Committee Meeting Minutes
The committee meeting covered a range of fiduciary and plan-related topics. Key presentations included fiduciary education on the role and responsibilities of committee members, and information on fiduciary insurance coverage. The committee approved the revised Investment Policy Statement, discussed Empower Participant Fiduciary Services, and ratified recordkeeping agreements. Additionally, the committee addressed the allocation of non-Empower fees to plan assets, reviewed investment performance, and analyzed Empower plan review data, including participation and contribution rates.