NOTICE OF MEETING AND AGENDA  
DEFERRED COMPENSATION COMMITTEE  
August 12, 2026  
2:00 p.m.  
Members  
1001 E 9th St. # A220 Reno, NV 89512  
Chair Materasso  
Justin Norton  
Darrell Craig  
William Mantle  
Trevor Solano  
Cathy Hill  
Jelena Williams  
Ashley Berrington  
Support Staff  
Kristie Harmon, Human Resources  
Trenton Ross, DA  
Molly Hodges, Human Resources  
Christine Kirkland, Human Resources  
Terra Cobert, Human Resources  
Vendor Partners  
Andrew Brookshire, Voya  
Joe Carter, Mariner  
Pursuant to NRS 241.020, a copy of this agenda has been posted at the following locations:  
Washoe County Administrative Building (1001 E. 9th Street, Bldg. A)  
This meeting will be held with in-person attendance and via Zoom teleconference at the link listed below or you  
can join by typing zoom.us into your computer browser, clicking “Join a Webinar” on the ZOOM website, and  
entering the Webinar ID listed below. NOTE: This option will require a computer with audio and video capabilities.  
Webinar ID: 944 2772 4185  
Alternatively, you can join by telephone only by dialing +1-669-900-6833, entering the Webinar ID listed above and  
pressing #. NOTE: This option will require a computer with audio and video capabilities and downloading the  
ZOOM application.  
The Human Resources Conference Room is accessible to the disabled. If you require special arrangements for the  
meeting, call Human Resources at (775) 328-208 at least 24 hours before the meeting.  
Support documentation for agenda items provided to the Deferred Compensation Committee is available to  
members of the public at the Human Resources Office, 1001 E. 9th Street, Bldg. A, 2nd Floor, Room A220, Reno,  
NV; Ashley Berrington, Human Resources Manager, at (775) 328-2088; and on the County's website at:  
All items numbered below are hereby designated for possible action as if the words “for possible action” were  
written next to each item (NRS 241.020). Items on the agenda may be taken out of the order in which they  
appear, the Committee may combine two or more agenda items for consideration, and the Committee may  
remove an item from the agenda or delay discussion relating to an item on the agenda at any time.  
Public comments for all matters, whether listed on the agenda or not, are welcomed during the “Public comment,”  
and are limited to two minutes per person. Persons may not allocate unused time to other speakers. The presiding  
officer may order the removal of any person whose statement or other conduct disrupts the orderly, efficient, or  
safe conduct of the meeting. Warnings against disruptive conduct may or may not be given before removal. The  
viewpoint of a speaker will not be restricted, but reasonable restrictions may be imposed upon the time, place,  
and manner of speech. Irrelevant and unduly repetitious statements and personal attacks which antagonize or  
incite others are examples of speech that may be reasonably limited.  
Members of the public may submit public comment by either attending the meeting in person, attending the  
meeting via teleconference or attending by telephone only. To provide public comment via Zoom, log into the  
ZOOM webinar at the above link and utilize the “Raise Hand” feature during any public comment period. To  
provide public comment via telephone only, press *9 to “Raise Hand” and *6 to mute/unmute. Members of the  
public that wish to share documents or make a brief presentation within their public comment period must  
provide ten (10) printed copies of each document. Please note that USB drives or any other digital media will not  
be accepted due to the risk of introducing viruses or malicious code, which could potentially compromise the  
County’s systems.  
1
2
Call to order and roll call.  
Public comment. No action will be taken upon a matter raised under this portion of the agenda until the  
matter itself has been specifically included on an agenda as an item upon which action may be taken. The  
Committee may ask that a matter be listed on a future agenda during the public comment periods or during  
the following item: “Comments by the Committee or staff members.” Comments shall be limited to two  
minutes in duration. Persons may not allocate unused time to other speakers. To provide public comment  
via Zoom, log into the ZOOM webinar at the above link and utilize the “Raise Hand” feature during any  
public comment period. To provide public comment via telephone only, press *9 to “Raise Hand” and *6 to  
mute/unmute  
3
4
Approve May 6, 2026, meeting minutes. FOR POSSIBLE ACTION.  
Attachments:  
Presentation and possible discussion on Treasurer’s financial report reviewing the Deferred  
Compensation Administrative Fund. NO ACTION.  
Attachments:  
5
6
Recognition of appointment of William Mantle, representing WCEA, effective June 25, 2026, for a  
two-year term. NO ACTION.  
Introduction of Voya's new local Investment Executive, Mason Michalski, including an overview of his  
role in providing participant education, one-on-one assistance, and support for the Washoe County  
Deferred Compensation Program. NO ACTION.  
7
8
Update regarding Committee members participating in the National Association of Government  
Defined Contribution Administrators annual conference, held September 27-September 30, 2026, in  
Orlando, Fl. NO ACTION.  
Discussion, and possible action regarding the review of applications, interviews of applicants, and  
possible appointment of a Washoe County retiree representative to serve on the Deferred  
Compensation Committee, as authorized by Resolution 18-069. FOR POSSIBLE ACTION.  
Attachments:  
9
Discussion, and possible action to approve revisions to the Deferred Compensation Committee Excess  
Revenue Policy to add a provision authorizing the Committee to apply excess revenues to the following  
year to reduce the percentage revenue requirement, consistent with the Committee's Expense Fee  
Policy. FOR POSSIBLE ACTION.  
Attachments:  
10  
11  
Review and discussion of the Deferred Compensation Committee’s Expense Fee Policy and Excess  
Revenue Policy to include discussions regarding operating expenses, funding thereof, and participant  
fees, and, based on that discussion, possible action to adjust the current administrative fee of .02%.  
FOR POSSIBLE ACTION.  
Attachments:  
Review of Voya’s account service objectives for the most recent quarter; and update, discussion and  
possible action regarding campaign and communication strategies provided by or presented by Voya  
to participants, both active and retired, as it relates to the participants’ beneficiary, eligible employee  
engagement and other Committee initiatives. FOR POSSIBLE ACTION.  
Attachments:  
12  
Discussion and possible action to amend the Washoe County Deferred Compensation 401(a) and  
457(b) Plan Documents, to include: (1) amending the 401(a) Plan Document to allow in-service  
transfers to a defined benefit plan, such as the Nevada Public Employees' Retirement System  
(NVPERS), for the purchase of service credit; (2) amending the definition of "Employee" in the 457(b)  
Plan Document to modify eligibility for participation; (3) amending the definition of "Benefitable  
Compensation" in the 457(b) Plan Document to permit eligible contributions from accrued but unused  
vacation leave payouts, longevity (career incentive) payments, and other eligible leave payouts  
received while actively employed; and (4) authorizing engagement of legal counsel, if necessary, to  
prepare the required Plan amendments. FOR POSSIBLE ACTION.  
Attachments:  
13  
Mariner’s report and presentation regarding fund performance update for the most recent quarter,  
and possible recommendation, discussion, and action to change investment fund lineup. FOR POSSIBLE  
ACTION.  
Attachments:  
14  
Comments by Committee or staff members (This item is limited to announcements or topics, or issues  
proposed for future workshops or agendas; No discussion or action.).  
15  
16  
Public comment. No action will be taken upon a matter raised under this portion of the agenda until the  
matter itself has been specifically included on an agenda as an item upon which action may be taken. The  
Committee may ask that a matter be listed on a future agenda during the public comment periods or during  
the following item: “Comments by the Committee or staff members.” Comments shall be limited to two  
minutes in duration. Persons may not allocate unused time to other speakers.  
Adjournment