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San Jose Deferred Compensation makes several changes to 457 plan lineup


San Jose Deferred Compensation makes several changes to 457 plan lineup
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San Jose (Calif.) Deferred Compensation Advisory Committee approved changes to its investment options lineup of the city s $1.1 billion 457 plan, including the addition of new options for core fixed income and active international value equities.
The committee at its Dec. 14 meeting approved the addition of a passive core fixed-income fund managed by
Fidelity Investments and an active international value equity fund managed by
Vanguard Group, recently released meeting minutes show.
The new funds will be added as a result of a plan structure review conducted by investment consultant Hyas Group. The new funds do not replace any other funds. ....

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