NAGDCA's mission is to be a premier provider of education, information, and training, to support plan sponsors and service providers of government-sponsored defined contribution retirement plans in creating successful retirement security outcomes for their plan participants.

Executive Board Meeting November 2, 2019

Andaz Hotel Wall Street New York, NY

Conference Number – 877-853-5257 / 614 607 7126#

8:30am ET New Board Orientation (Meeting Room – Stock) 9:00am ET Breakfast (Meeting Room – Bond) 9:30 am ET Meeting (Meeting Room – Stock)

AGENDA___________________________________________________________________________________ 9:30 AM Call to Order Blair 9:30 - 9:35 Consent Agenda Blair

• Approval of September 2019 Executive Board Meeting Minutes • Legislative Affairs Report • Hotel Rebate Report

9:35 - 10:00 Legislative Update Blair / Beddoe 10:00 - 10:15 Annual Conference Update Tucker / Luskin 10:15 - 10:45 Staff Reports

• Finalize 2020 Board Meetings Tucker • Database transition update

• Benchmarking Update Petersen • Finance Report

10:45 - 11:00 Break 11:00 - 12:30 Strategic Priorities' Discussion Petersen 12:30 - 1:15 Lunch 1:15 - 2:00 Strategic Priorities' Discussion Petersen 2:00 PM Wrap Up / Adjournment Blair

BOARD MEMBERS Sandy Blair President

Josh Luskin, Vice President Rob Boehmer, Secretary/Treasurer Darlene Malaney, Member at Large

Kelly Hiers, Member at Large Cindy Rehmeier, Past President Ketul Thaker, Industry President

Jake O’Shaughnessy, Industry Observer

Minutes Executive Board Meeting

Hyatt Regency New Orleans | New Orleans, LA September 9, 2019 | 9:00 a.m. CT

Members Present: Cindy Rehmeier, President Sandy Blair, Secretary/Treasurer Josh Luskin, Member-at-Large Rob Boehmer, Member-at-Large Keith Overly, Past President Jake O’Shaughnessy, Industry President Ben Taylor, Industry Observer Others Present: Tracy Tucker, Association Director Matt Petersen, Executive Board Advisor Paul Beddoe, Director of Government Affairs Carly Miller, Program Manager Lori Lucas, EBRI Betty Meredith, InFRE Kevin Seibert, InFRE Paul Matson, State of Arizona I. Call to Order - Ms. Rehmeier called the meeting to order at 9:01 a.m. CT.

II. Consent Agenda – Mr. Overly motioned to approve the consent agenda; Mr. O’Shaughnessy seconded. The Board unanimously approved the consent agenda.

III. Legislative Update - Mr. Beddoe shared that the SECURE act is still held up in the Senate, but there is hope that it will be moved by attaching it to a must-pass spending bill in the Fall. There are industry groups who are pushing for the addition of 403(b) plans to open MEPS, which means it would have to pass out of the House again. The Senate Finance Committee has an upcoming hearing on the MEPs solvency issue, which is the next big item on their agenda. There is talk that the House may be looking to move another retirement package, but not quickly. Mr. Beddoe shared that now is the time to advocate for NAGDCA’s priorities and he’ll be working with the Legislative Committee on drafting a letter to the Treasury regarding rolling Roth assets into plans, engaging the SEC on CITs for deemed IRAs and finalizing NAGDCA’s review of SEC regulations best interest.

IV. Review/Take Vote on 2020 Documents

AMR Workplan – Ms. Tucker outlined edits made to the 2020 workplan since the Board’s reviewal in July, which included updated dates on page 3 and the addition of the legislative committee on page 4. Mr. Luskin motioned to approve the workplan as presented; Mr. O’Shaughnessy seconded. The Board unanimously approved the 2020 AMR workplan. Paul Beddoe Contract – The Board agreed to review the contract each year during the July Board meeting to approve a 5% yearly increase. Mr. Luskin motioned to approve the contract as presented; Mr. O’Shaughnessy seconded. The Board unanimously approved the contract with Mr. Beddoe. Budget – Ms. Tucker outlined the edits made since the Board’s reviewal in July and noted one needed edit based on Mr. Beddoe’s newly approved contract. Mr. Overly motioned to approve the 2020 budget; Ms. Blair seconded. The Board unanimously approved the 2020 budget.

V. EBRI – Public Sector Retirement Research Center Update – Mr. Petersen shared that the

outreach to recordkeepers and asset managers continues to go well. Recordkeepers are somewhat hesitant because of the ask to provide both data and funds, but asset managers have shown great interest in funding the project. Mr. Petersen and Ms. Lucas have more meeting scheduled this week to continue discussions about logistics, procedures, and security. Ms. Lucas added that there has been positive momentum over the past few weeks and feels that the support from recordkeepers will come with time. They will begin communicating with plan sponsors to outline the benefits and the role they’ll be playing.

During the November meeting, the Board will review a term sheet that outlines out the involved parties will work together and the structure of the partnership. Mr. Petersen to develop talking points for the Board members to refer to when spreading the word about the Center.

VI. InFRE Update – Mr. Seibert shared the history of the founding of InFRE and the ongoing partnership with NAGDCA. He shared that the CRC program is reaccredited every 5 years and InFRE relies on volunteers, many from NAGDCA, to assist with the accreditation process. The current agreement states that 5% of InFRE revenue from NAGDCA members comes back to NAGDCA and the revenue of the InFRE workshop(s) offered during the annual conference is split between the organizations. Ms. Meredith shared details about the development of a new 2-day certificate program for Trustee and Board members. The program content would be developed based on NAGDCA’s best practice guides and offered as a preconference workshop. The program would also be offered outside the conference potentially as webinars or in-person events. InFRE would lead the development of the program and rely on volunteers for assistance. NAGDCA would promote the program to its members. The Board discussed NAGDCA’s representation on InFRE’s Board and agreed that Mr. Petersen will serve on the Board moving forward. Mr. Siebert outlined the needed edits to InFRE’s bylaws to make the change.

The Board discussed NAGDCA’s role in providing education to plan sponsors and agreed to continue discussing during the November Board meeting. The group to determine the amount of education to offer and then decide on what that means for the partnership with InFRE or other entities.

VII. Adjournment - Ms. Rehmeier adjourned the meeting at 12.23 p.m. CT.

Paul V. Beddoe Government Affairs, LLC

811 4th St NW, Unit 1103

Washington, DC 20001

TELEPHONE: 202.899.0187 EMAIL: PAUL@PVBGA.COM

PVBGA/NAGDCA Activities for September 2019 NAGDCA Annual Conference – Make final preparations for legislative panel at the annual conference; share images from session to Sen. Cardin’s communications staff with our thanks for the video recording; provide legislative updates and federal perspectives at the Executive Board meeting; provide legislative updates and other staff support for organizational meeting of the Legislative Committee NAGDCA Legislative Priorities – Ongoing engagement with House and Senate staff to promote current NAGDCA priorities, including Sen. Portman and Sen. Enzi staff on Senate strategies and outlook; ongoing discussions with Washington, DC-based partners about NAGDCA priorities, including strategy discussions with RCMA-RC to advance legislation to allow CITs for 403(b) plans; strategic discussions with NAGDCA members around grassroots advocacy to House Ways and Means Committee members to enlist champions for stand-alone bills to enact NAGDCA priorities GASB Exposure Draft for 457(b) plans – Coordinate review by the NAGDCA Legislative Committee and Executive Board of the Government Accounting Standards Board (GASB) exposure draft of standards for reporting on 457(b) plans; consult with GFOA and NASRA; coordinate compilation and review of NAGDCA comments and file with GASB FY 2020 Budget and Tax Reform — Monitor and report on all developments regarding federal budget and appropriations actions; monitor for any congressional tax and budget developments and potential impact on other priorities, including budget objections to House-passed legislation to help multi-employer DB pensions SEC Regulation BI/Conflict of Interest Standards – Continue to consult with NAGDCA Legislative Committee members and ad hoc working group of NAGDCA member attorneys on project to review final regulation and report to Executive Board and Legislative Committee on its responsiveness to NAGDCA questions and concerns Retirement Security and Savings Act of 2019 (S. 1431) – Ongoing engagement with Portman and Cardin staff on NAGDCA support for the Retirement Security and Savings Act in 116th Congress; monitor and report to NAGDCA Executive Board and Legislative Committee

House Retirement Legislation, the SECURE Act (H.R. 1994) – Monitor and report to Legislative Committee and Executive Board on ongoing Senate efforts behind the scenes to clear “holds” on the bill to enable it to go to the floor for passage by unanimous consent Senate Retirement Legislation, the Retirement Enhancement and Savings Act (RESA) — Continue to monitor status of legislation with attention to its impact on NAGDCA priorities advancing and potential movement in the 116th Congress Legislative Committee – Consult with outgoing and incoming NAGDCA legislative committee chair to plan for organizational meeting at the annual conference; consult with AMR and committee members to set up monthly call time Industry Roundtable – Consult with NAGDCA leadership and AMR on potential dates and locations for the 2020 Industry Roundtable Public Pension Network – Ongoing communication and engagement with Washington DC representatives of “sister” organizations interested in state and local government retirement and pensions policy, including NASRA, NCTR, GFOA and NACo Retirement Security Network – Ongoing communication and engagement with members of the Washington DC representatives of organizations interested in retirement and pensions policy Consolidation — Monitor for any movement to consolidate defined contribution plans; consult with coalition partners and key Hill offices on outlook in new Congress; ongoing advocacy to oppose adverse consolidation measures 403(b) Issues – Monitor and report as needed on efforts to expand investment vehicles available to 403(b) plans Tax Cuts and Jobs Act — Monitor and review developments in Congress and with Administration, including discussions around technical corrections, amendments Encouraging Americans to Save Act (EASA) – Monitor any discussion of EASA by Sen. Ron Wyden (D-Ore.) and others to enhance the Saver’s Credit and restore MyRA program IRS Advanced Notice of Proposed Rulemaking (APRM)/Governmental Plan Definition — Continue to monitor issue Money Market Fund SEC Rulemaking Effort — Continue to monitor issue Stable Value Funds/Financial reform — Continue to monitor for SEC issuance of report on stable value products

Municipal Advisor Registration — Continue to monitor this issue and the status of guidance State and Local Government Defined Benefit Plan Funding – Continue to monitor press and congressional developments regarding the funding of state and local government defined benefit plans Recurring Activities

• Review Bloomberg Government and other daily and weekly publications; monitor policy makers’ and tax law journalists’ social media and publications targeted at pension and retirement issues

• Regularly review all NAGDCA publications

• Maintain contacts and discussion with congressional staff and other national interest and pension related groups and associations

• Maintain regular contacts with NAGDCA Association Management and Executive Director

Year Location Rebate Detail Per NAGDCA's Hotel Contracts Rebate Amount Application of Rebate Other Notes

2014 San Antonio Grand Hyatt contract included a 5% rebate off of the master bill. $13,732.97

Applied to master bill to reduce NAGDCA's overall expenses at the Grand Hyatt

2015 Indianapolis No rebate was negotiated in contract.2016 Denver No rebate was negotiated in contract.

2017 Milwaukee

Hilton contract included 2 cash rebates - $20 per room per night rebate check to NAGDCA on all utlized rooms within the NAGDCA room block; $15 per room per night rebate check to Visit Milwaukee to offset NAGDCA's convention center costs

Check to NAGDCA - $37,640 (1882 room nights x $20); Check to Visit Milwaukee - $28,230 (1882 room nights x $15)

Funds are held in a board designated fund to offset the 2018 room rate as reflected on NAGDCA's balance sheet

When selecting the 2017 conference site which included use of a convention center, NAGDCA negotiated a contract with the Hilton to include a $15 per room per night rebate from the Hilton to Visit Milwaukee to cover a portion of the convention center costs. When selecting the 2018 conference site which included a higher than typical room rate, NAGDCA amended the contract with the Hilton Milwaukee for the 2017 conference to add a $20 per room rebate to NAGDCA to offset the higher room rate in Philadelphia. This allowed NAGDCA to publish a room rate $20 lower for Philadelphia than what was negotiated in the contract. Approved by Board in April 2015 via NAGDCA Network.

2018 Philadelphia

Marriott contract includes an $8 per room per night rebate to the master account on all utilized rooms within the NAGDCA room block to offset hotel charges $19,200

Will be applied to master bill to reduce NAGDCA's overall expenses at the Marriott

NAGDCA's 2018 conference rate is $249 per night However, the 2018 published rate for attendees is $229 per night. The remaining $20 per night plus tax (15.5%) will be posted to the NAGDCA master account and settled by NAGDCA. Estimated expense is $55,440.00. Rebate to the master account negotiated in the 2018 contract estimated to be $19,200 plus the carryover cash rebate from 2017 in the amount of $37,640 will offset this expense and leave approx. $1,400 left to be deducted from the hotel master account.

2019 New Orleans 1 comp room per 50 room nights picked up $8,469.54

Applied to master bill to reduce NAGDCA's overall expenses at the Hyatt Amount credited shows on NAGDCA conference financials under revenue.

2020 Seattle No rebate was negotiated in contract. n/a n/a

2021 Phoenix Sheraton contract includes a $10 per room per guestroom$24,380 (actual based on final room pickup after the conference)

Will be applied to master bill to reduce NAGDCA's overall expenses at the Sheraton

The Sheraton will credit the amount against NAGDCA's master bill. Amount credited will be shown on NAGDCA conference financials under revenue.

NAGDCA - Annual Conference Hotel Rebate Tracking

Year Location MeetingRebate Detail Per NAGDCA's Hotel Contracts Rebate Amount Application of Rebate

2014 Washington, DC Industry Roundtable10% of the total of all revenues from room nights used 503.70$

offset industry roundtable a/v expenses as shown in June 2014 general ledger (account #055120)

2014 San Francisco, CA Summer Board Meeting10% of the total of all revenues from room nights used 802.90$

offset Board meeting expenses as shown in August 2014 general ledger (account # 015200)

2015 Captiva Island, FL Fall Board Meeting10% of the total of all revenues from room nights used 661.90$

Applied to master bill to reduce NAGDCA's overall expenses at the South Seas Resort

2016 Denver, CO Participant Engagement Committee Meeting10% of the total of all revenues from room nights used 152.10$

offset Board expenses as shown in February 2016 general ledger (account # 015200)

2017 Washington, DC Industry Roundtable n/a 771.90$

offset industry roundtable food and beverage expenses as shown in May 2017 general ledger (account #055100)

2017 Burlington, VT Fall Board Meeting10% of the total of all revenues from room nights used 388.70$

offset Board meeting expenses as shown in January 2017 general ledger (account # 015200)

2018 San Diego, CA Summer Board Meeting10% of the total of all revenues from room nights used

$ 435.10 will be used to offset Board meeting expenses (account #015200)

2018 Charleston, SC Fall Board Meeting

$10 rebate applied to master account to offset transportation to/from downtown Charleston

$ 140.00 will be applied to hotel master account to offset expense for transportation to/from downtown Charleston

2019 Washington, DC Industry Roundtable n/a 672.50$ check cut to NAGDCA2020 Washington, DC Industry Roundtable n/a

NAGDCA - Board and Other Meetings Hotel Rebate Tracking

2019 Annual Conference Evaluation Report

SMART Goals

Goal Tactics/Execution Results 70% of participants indicate the conference provided takeaways they can use to improve their plans.

Focused content on case studies and real-word examples. Resources and tools shared via the conference app.

91% of attendees indicated that the conference provided valuable takeaways that they intend to use to improve their plans or the plans they work with.

60% of participants indicate the conference facilitated new connections in the industry.

Elevated networking opportunities, i.e. Conversations over Coffee, small group discussions.

90% of attendees indicated that they formed new connections as a result of attending the conference.

Average overall conference satisfaction rating is 4.00 or higher. (scale of 1-5).

Careful venue and vendor partner selection, planning & coordination. Customer service. Focused content development on industry needs.

Average overall rating – 4.25.

Reflecting increased value to industry members: the average overall industry member conference rating is 4.00 or higher. (scale of 1-5).

Added programming specific to issues industry members face.

Average overall industry member rating – 4.38.

Key Results from Evaluation Data:

• 2nd highest attendance of all time – 978; record is 1027 in Denver 2016. • Overall quality of conference rated higher than last 9 years – 4.25 out of 5.00. • 84% of attendees rate educational sessions as very good, excellent. • 94% of attendees rated overall conference as very good, excellent. • More first-time attendees than previous 9 years. • Almost half of attendees have 10 years or less of industry experience. • Almost 60% of attendees are 50+ years of age.

*Detailed charts included

Top 5 Highest Rated Sessions:

• Keynote Speaker - Captain Al Fuentes, Retired FDNY • Keynote Speaker - Matt Johnson, The Impossible Company • Successful Communication Campaigns • Washington Update • Board/Committee Membership, Governance & Best Practices

Areas of Focus:

• Repeat breakout sessions • Continued training for moderators • More networking time • Food at breaks, when budget allows • Revisit closing session content • Continued efforts to avoid product advertisements by speakers

Testimonials:

“NAGDCA's Annual Conference provides the most unique opportunity for governments to learn from their agency peers and industry colleagues.”

“This is the place to be if you are a fiduciary/ board member. The vast knowledge and expertise of panelists was extraordinary. This is the only event our group attends together every year and for good reason. It’s the best!”

“One of the most valuable and most practical conferences I have ever attended. Excellent and well organized. Location city and facilities were excellent!”

NAGDCA ANNUAL CONFERENCE EVALUATION DATA SUMMARY REPORT

2010 - 2019

CONFERENCE LOCATIONS

ATTENDANCE

0

200

400

600

800

1000

1200

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

2010PHILADELPHIA,

PA

2011ALBUQUERQUE,

NM

2012SAN DIEGO, CA

2013LOUISVILLE, KY

2014SAN ANTONIO,

TX

2015INDIANAPOLIS,

IN

2016DENVER, CO

2017MILWAUKEE, WI

2018PHILADELPHIA,

PA

2019 NEW ORLEANS,

LA

OVERALL QUALITY BY YEAR

2019 OVERALL QUALITY RATING

4.17

4.38

4.1 4.13.98 4.01

4.114.2

3.97

4.43

3.92

4.37

4.054.01

3.893.8 3.8

3.99

3.71

4.25

3.2

3.4

3.6

3.8

4

4.2

4.4

4.6

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

1 (P

oor)

/ 5

(Exc

elle

nt)

Average Overall Quality Ratings

Conference Educational Sessions

93.59%

84.32%

5.88%

15.68%

0.53%

0.00%

75% 80% 85% 90% 95% 100%

Conference

Educational Sessions

Positive (Very Good, Excellent) Average (Neutral) Negative (Poor)

FIRST TIME ATTENDEES

YEARS WORKED IN THE GOVERNMENT EMPLOYER SPONSORED RETIREMENT PLANNING INDUSTRY

26.1% 33.3% 34.6% 33.1% 29.4% 28.8% 36.3% 31.3% 31.1% 26.8%

73.9% 66.7% 65.4% 66.9% 70.6% 71.2% 63.7% 68.7% 68.9% 73.2%

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

120.0%

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Is this your first NAGDCA Conference?

Yes No

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

45.0%

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Years in the industry

1-5 6-10 11-15 16-20 21-25 26-30 31-35 36+

ATTENDEE MEMBER TYPE

CONFERENCE VALUE & EXPENSE COMPARED TO OTHER NATIONAL DC CONFERENCES

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

45.0%

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Years in the industry

1-5 6-10 11-15 16-20 21-25 26-30 31-35 36+

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Compared Value

Better Value Lower Value Same Value Have Attended No Other Conference

DEMOGRAPHICS

49% 57% 49% 51% 53% 51% 49% 53%44% 48%

51% 43% 51% 49% 47% 49% 51% 47%56% 52%

0%

20%

40%

60%

80%

100%

120%

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Gender

Male Female

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

120.0%

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Age

18-24 25-29 30-39 40-49 50-59 60-64 65 or older

2019 Q3 Budget Update

Q3 Revenue, Expenses, Net Income

$378,775

($308,525)

$70,250

$420,267

($608,724)

($188,457)

($700,000)

($500,000)

($300,000)

($100,000)

$100,000

$300,000

$500,000

$700,000

Revenue

Expense

Net Income

ActualBudgetExpenses were significantly higher than budget due to an unanticipated large deposit for the hotel at the conference. This amount caused the difference in net income as well.

Expenses By Category

$196,245

$500

$11,900

$99,700

$200,280

$0

$20,010

$380,726

$0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 $500,000

Admin

Roundtable

Benchmarking

Conference

Our expenses were in line with the budget other than the large hotel deposit for the conference.ActualBudget

Revenue By Category

$70,575

$0

$0

$308,200

$70,003

$0

$0

$344,915

$0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000

Admin

Roundtable

Benchmarking

Conference

Revenue was in line with expectations this quarter.ActualBudget

Q3 Year Over Year Comparison

20192018

$447,797

($810,423)

($362,626)

$420,267

($608,724)

($188,457)

($900,000)

($700,000)

($500,000)

($300,000)

($100,000)

$100,000

$300,000

$500,000

Revenue

Expense

Net Income

Last year many conference expenses were absorbed in the third quarter, causing a large deficit. These costs will mostly come in Q4 this year.

YTD Revenue, Expenses, Net Income$1,410,650

($756,403)

$654,247

$1,486,753

($1,054,866)

$431,887

($1,300,000)

($800,000)

($300,000)

$200,000

$700,000

$1,200,000

Revenue

Expense

Net Income

ActualBudgetRevenue is slightly ahead of budget, while expenses are well behind due to the timing of the conference deposit. Overall, we expect to be better than the budget by year’s end.

Reserve Fund Status

$2,931,588

$1,597,028

$1,334,560

$0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

The reserve fund continues to exceed the 100% goal. As of 9/30, NAGDCA maintained a 184% reserve.

NAGDCA Strategic Priorities 2020

Why are we doing this?

To answer three questions

Who are we?

What are we going to do?

How should we do it?

Who are we?

Who are we?

We will help public sector DC plan sponsors create better retirement outcomes for their participants.

What are we going to do?

What are we going to do?

Our four priority categories

Information

Network

Legislation

Organization

Goals

Information – Be the source of data and research in public sector DC.

Network – Be the chosen platform for public DC plan sponsors and industry across the country to interact.

Legislation – Create legislative change that represents the interests of all public sector plans.

Organization – Be financially and organizationally strong so we can achieve our core purpose and goals.

How should we do it?

Information

Be the source of data and research in public sector DC

Our capabilities:

Build a data resource that is comprehensive, accurate, unique, & useful

Strengthen NAGDCA voice with content development

Education?

Information Capabilities

Build a data resource that must be comprehensive, accurate, unique, & useful

• Tools to leverage: EBRI Project, Benchmarking Committee

• EBRI project for core information

• Benchmarking Committee for qualitative data

Information Capabilities

Strengthen NAGDCA voice with content development

• Tools to leverage Communications plan, content strategy, marketing

Information Capabilities

Education?

• Let’s come back to this.

Network

Be the platform for public DC plan sponsors and industry to interactOur capabilities:

Host premier events

Connect people outside of events

Network Capabilities

Host premier events• Tools to leverage: Annual Conference, Conference Committee, Industry Roundtable, Industry Committee, NRSW

• NRSW

• Roundtable assessment

Network Capabilities

Connect people outside of events• Tools to leverage: Website, Webinars, Forums

Legislation

Create legislative change that represents the interests of all public sector plans

Our capabilities:

A lot of talented people

Organization

Be financially strong so we can achieve our core purpose and goals

Our capabilities:

Create a funding structure that matches revenue to value

Create non-dues/conference revenue streams

Organizational capabilities

Create a funding structure that matches revenue to value

• Tools to leverage: Membership Dues, Conference Fees, Conference Sponsorship, Roundtable Fees

• Membership dues increase for 2021?

• Sponsorship

Organizational capabilities

Create non-dues/conference revenue streams

• EBRI Project

• Education

EBRI Project

• Agreement

• Sponsorship structure

• Funding status

• Public announcement

• Name?

Education

Two Options

1. Leave it to someone else

2. Partner

• InFre

• IFEBP

• Other

Let’s review