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File #: 2026-00708    Version: 1
Type: Discussion Item Status: Agenda Ready
File created: 3/2/2026 In control: Defined Contribution Plans Committee
On agenda: 3/18/2026 Final action:
Title: 2026 National Association of Government Defined Contribution Administrators (NAGDCA) Art Caple President's Award
Attachments: 1. 2026-00708 2026 National Association of Government Defined Contribution Administrators (NAGDCA) Art Caple President’s Award
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Title

2026 National Association of Government Defined Contribution Administrators (NAGDCA) Art Caple President’s Award

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FileID

File ID: 2026-00708

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Location

Location: Citywide

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Recommendation

Recommendation: Receive and discuss.

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Contact

Contact: Samantha Hardy, Interim Human Resources Director, (916) 808-7657, shardy@cityofsacramento.org, Department of Human Resources

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Presenter

Presenter: None.

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Attachments

Attachments:

1-Description/Analysis

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Description/Analysis

IssueDetail

Issue Detail: The NAGDCA - Art Caple President’s Award recognizes excellence in public sector defined contribution plans. This prestigious award celebrates visionary leadership and dedication to enhancing the financial well-being of plan participants.  The NAGDCA Awards Committee reviews the nominations and recommends a winner to the Executive Board.

 

Award nominations usually have to be submitted by the end of June. Nationwide is preparing to submit a nomination for the City’s plan(s) and will work with Fiduciary Consulting Group for additional information and data for the submittal. Nationwide may request a quote from a City plan participant to include in the submittal. 

 

                     Plan Eligibility:

o                     The award is open to all public sector defined contribution plans administered by government entities.

o                     The nominee must be a member of NAGDCA.

o                     Plan asset size/plan resources will be taken into consideration during the scoring process.

 

                     Project or Program Scope:

o                     Nominees must demonstrate involvement in strategic project or program aimed at enhancing participant outcomes, such as retirement readiness, financial literacy, or investment education.

o                     Governmental staff must have played a significant role in developing and/or implementing the program.

 

                     Significant Impact:

o                     Nominees should illustrate the measurable impact of their initiative on participant financial security and well-being. This may include increased plan participation rates, improved investment performance, enhanced retirement readiness metrics, or other tangible outcomes.

 

                     Innovation and Creativity:

o                     Nominated projects should showcase innovative approaches and creative strategies in addressing the evolving needs and challenges of plan participants.

 

                     Participant-Centric Approach:

o                     Nominees must embody a participant-first mentality, prioritizing the interests and financial goals of plan participants in all aspects of plan administration and service delivery.

 

                     Documentation and Supporting Materials:

o                     Submissions should be one PDF document including:

§                     A plan profile outlining the types of plans offered, asset size, number of participants, industry partner(s), etc.

§                     Comprehensive documentation outlining the project’s objectives, implementation strategies, and results achieved.

§                     Supporting materials, such as participant testimonials, performance metrics, or educational resources.

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PolicyConsiderations

Policy Considerations: None.

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EconomicImpacts

Economic Impacts: None.

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EnviornmentalConsiderations

Environmental Considerations: None.

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Sustainability

Sustainability: None.

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Commission/CommitteeAction

Commission/Committee Action: None.

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RationaleforRecommendation

Rationale for Recommendation: None.

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FinancialConsiderations

Financial Considerations: None.

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LocalBuinessEnterprise(LBE)

Local Business Enterprise (LBE): Not applicable.

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