Appendix_B_-_Plan_Investments_and_Assets_(new).pdf

PDF 428 KB Posted

Attached to
REQUEST FOR PROPOSAL FOR COMPREHENSIVE ADMINISTRATIVE AND INVESTMENT SERVICES FOR THE COUNTY OF ORANGE’S HEALTH REIMBURSEMENT ARRANGEMENT PROGRAM
Solicitation number
017-202406-MC
Issued by
Orange County, San Diego City, California

About this file

Written by GovTribe AI ·

Summary of Plan Investments and Assets

This appendix document details the investment portfolio and asset allocation for the County of Orange's Health Reimbursement Arrangement (HRA) Program as of June 30, 2024. The document presents comprehensive data on two active HRA plans—Plan 80349 and Plan 800161—showing fund balances, expense ratios, and net expenses across multiple asset classes and investment options. Plan 80349 maintains total assets of approximately $345.4 million across 25 investment options, while Plan 800161 holds approximately $5.9 million across 24 investment options. The investment portfolio is strategically diversified across stable value/cash management funds (led by MissionSquare Plus Fund), bond investments including PGIM Total Return Bond and Vanguard offerings, balanced/asset allocation funds featuring BlackRock LifePath Index funds across multiple target dates, U.S. stock funds managed by T. Rowe Price, Vanguard, Dodge & Cox, and William Blair, and international/global stock investments through Vanguard and Artisan. Combined total assets across both plans amount to approximately $351.3 million with total net expenses of $956,298.

The investment structure reflects a target-date fund strategy with multiple glide-path options ranging from aggressive 2065 and 2060 retirement targets to conservative retirement income funds, alongside core index funds and actively managed equity options to accommodate diverse participant risk profiles and investment preferences. Expense ratios across the portfolio range from 0.03500% for Vanguard Total Bond Market Index Institutional to 1.19000% for Artisan International Investor, with most actively managed funds ranging between 0.39% and 0.99% and index funds maintaining lower ratios of 0.03500% to 0.09000%. The portfolio's structure indicates a commitment to maintaining diverse investment options with competitive expense ratios, which aligns with the RFP requirement that the new administrator must maintain the current investment option array for plan continuity and participant choice.

View the file

Other files

File Type Posted
REQUEST_FOR_PROPOSAL_FOR_COMPREHENSIVE_ADMINISTRATIVE_AND_INVESTMENT_SERVICES_FOR_THE_COUNTY_OF_ORANGE’S_HEALTH_REIMBURSEMENT_ARRANGEMENT_PROGRAM_(Addendum_#1_Revision).pdf PDF
Addendum_#3_-_correction_to_page_7_of_RFP.pdf PDF
Addendum_#2_-_HRA_RFP-Evaluation_Criteria_and_Scoring.pdf PDF
Addendum_#1_-_HRA_RFP_Q&A.pdf PDF
Model_Contract_(new).pdf PDF
Appendix_B_-_Plan_Investments_and_Assets_(new).pdf PDF
Appendix_A_-_Health_Reimbursement_Arrangement_Plan_Document_(new).pdf PDF
Exhibit_3_-_County_of_Orange_Campaign_Contribution_Disclosure_Form_(new).pdf PDF
Exhibit_2_-_Local_Small_Business_Preference_and_Disabled_Veteran_Business_Enterprise_Certification_Requirements_(new).pdf PDF
Exhibit_1_-_EDD_Independent_Contractor_Reporting_Requirements_(new).pdf PDF
Attachment_H_-_Business_Associate_Contract_(HIPAA)_(new).pdf PDF
Attachment_G_-_Account_Management_Report_Card_(new).pdf PDF
Attachment_F_-_Financial_Performance_Guarantees_(new).pdf PDF
Attachment_E_-_Performance_Standards_(new).pdf PDF
Attachment_D_-_Staffing_Plan_(new).pdf PDF
Attachment_C_-_Proposed_Implementation-Transition_Plan_and_Project_Schedule_(new).pdf PDF
Attachment_B_-_Fees_and_Investment_Options_(new).pdf PDF
Attachment_A_-_Scope_of_Services_(new).pdf PDF
Show all 18

On GovTribe

Work with this file

  • Download the original file
  • Contacts named in this file
  • Similar government files
  • Ask GovTribe AI about this file
Try for free Login

Text version

The file's text, extracted by GovTribe without its formatting.

County of Orange HRS Employee Benefits

RFP # 017-202406-MC

HRA Plan Administration and Investment Services

File Folder No.: 017-2700201

APPENDIX B

PLAN INVESTMENTS AND ASSETS

(As of 6/30/24)

PLAN 80349

Estimated Fund

Fund Net Expense

Asset Class/Investment Ticker Fund Type Fund Balance Expense Ratio

Stable Value/Cash Management

MISSIONSQUARE PLUS FUND

S11 CIT $70,860,484 $368,475 0.52000%

Bond

PGIM TOTAL RETURN BOND

R6 PTRQX Mutual Fund $505,110 $1,970 0.39000%

VANGUARD INFLATION-

PROTECTED SECS ADM VAIPX Mutual Fund $1,051,057 $1,051 0.10000%

VANGUARD TOTAL BOND

MARKET INDEX INSTL VBTIX Index Fund $1,266,950 $443 0.03500%

Balanced/Asset Allocation

BLACKROCK LIFEPATH INDEX

2040 K LIKKX Mutual Fund $30,488,647 $27,440 0.09000%

BLACKROCK LIFEPATH INDEX

2035 K LIJKX Mutual Fund $27,948,563 $25,154 0.09000%

BLACKROCK LIFEPATH INDEX

2030 K LINKX Mutual Fund $26,263,019 $23,637 0.09000%

BLACKROCK LIFEPATH INDEX

2045 K LIHKX Mutual Fund $23,118,972 $20,807 0.09000%

BLACKROCK LIFEPATH INDEX

2025 K LIBKX Mutual Fund $23,023,723 $20,721 0.09000%

BLACKROCK LIFEPATH INDEX

RETIRE K LIRKX Mutual Fund $21,874,851 $19,687 0.09000%

BLACKROCK LIFEPATH INDEX

2050 K LIPKX Mutual Fund $12,687,827 $11,419 0.09000%

BLACKROCK LIFEPATH INDEX

2055 K LIVKX Mutual Fund $3,132,561 $2,819 0.09000%

BLACKROCK LIFEPATH INDEX

2065 K LIWKX Mutual Fund $781,746 $704 0.09000%

2060 K LIZKX Mutual Fund $547,888 $493 0.09000%

U.S. Stock

T ROWE PRICE LARGE-CAP

GROWTH I TRLGX Mutual Fund $40,077,072 $224,432 0.56000%

VANGUARD LARGE-CAP

INDEX INSTL VLISX Index Fund $23,508,131 $9,403 0.04000%

DODGE & COX STOCK CLASS

X DOXGX Mutual Fund $11,898,297 $48,783 0.41000%

WILLIAM BLAIR SMALL-MID

CAP GR I WSMDX Mutual Fund $9,149,680 $90,582 0.99000%

RFP # 017-202406-MC

HRA Plan Administration and Investment Services

PLAN 80349

Fund

Fund Net Expense

Asset Class/Investment Ticker Fund Type Fund Balance Expense Ratio

VANGUARD EXTENDED

MARKET IDX INSTL VIEIX Index Fund $7,448,432 $3,724 0.05000%

DFA US TARGETED VALUE

PORTFOLIO INSTL DFFVX Mutual Fund $4,699,810 $13,629 0.29000%

International/Global Stock

ARTISAN INTERNATIONAL

INVESTOR ARTIX Mutual Fund $2,474,575 $29,447 1.19000%

VANGUARD TOTAL INTL

STOCK INDEX INSTL VTSNX Index Fund $2,581,283 $2,323 0.09000%

Total $345,388,676 $947,145

PLAN 800161

Fund

Fund Net Expense

Asset Class/Investment Ticker Fund Type Fund Balance Expense Ratio

Stable Value/Cash Management

MISSIONSQUARE PLUS FUND

S11 CIT $474,430 $2,467 0.52000%

Bond

VANGUARD INFLATION-

PROTECTED SECS ADM VAIPX Mutual Fund $19,540 $20 0.10000%

PGIM TOTAL RETURN BOND

R6 PTRQX Mutual Fund $15,744 $61 0.39000%

VANGUARD TOTAL BOND

MARKET INDEX INSTL VBTIX Index Fund $13,024 $5 0.03500%

Balanced/Asset Allocation

RETIRE K LIRKX Mutual Fund $2,126,347 $1,914 0.09000%

BLACKROCK LIFEPATH INDEX

2025 K LIBKX Mutual Fund $1,280,958 $1,153 0.09000%

BLACKROCK LIFEPATH INDEX

2030 K LINKX Mutual Fund $1,037,592 $934 0.09000%

BLACKROCK LIFEPATH INDEX

2035 K LIJKX Mutual Fund $144,613 $130 0.09000%

BLACKROCK LIFEPATH INDEX

2040 K LIKKX Mutual Fund $46,940 $42 0.09000%

BLACKROCK LIFEPATH INDEX

2060 K LIZKX Mutual Fund $46,163 $42 0.09000%

BLACKROCK LIFEPATH INDEX

2065 K LIWKX Mutual Fund $5,889 $5 0.09000%

2045 K LIHKX Mutual Fund $976 $1 0.09000%

RFP # 017-202406-MC

HRA Plan Administration and Investment Services

PLAN 800161

Fund

Fund Net Expense

Asset Class/Investment Ticker Fund Type Fund Balance Expense Ratio

U.S. Stock

T ROWE PRICE LARGE-CAP

GROWTH I TRLGX Mutual Fund $281,968 $1,579 0.56000%

VANGUARD LARGE-CAP

INDEX INSTL VLISX Index Fund $182,843 $73 0.04000%

DODGE & COX STOCK CLASS

X DOXGX Mutual Fund $65,354 $268 0.41000%

VANGUARD EXTENDED

MARKET IDX INSTL VIEIX Index Fund $59,521 $30 0.05000%

WILLIAM BLAIR SMALL-MID

CAP GR I WSMDX Mutual Fund $29,620 $293 0.99000%

DFA US TARGETED VALUE

PORTFOLIO INSTL DFFVX Mutual Fund $22,649 $66 0.29000%

International/Global Stock

VANGUARD TOTAL INTL

STOCK INDEX INSTL VTSNX Index Fund $19,109 $17 0.09000%

ARTISAN INTERNATIONAL

INVESTOR ARTIX Mutual Fund $4,521 $54 1.19000%

Total $5,877,801 $9,153

File details come from the government source that posted it. Updated .