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INSURANCE NOT ON FILE A-2011-258A <br /> WORK MAY NOT PROCEED <br /> CITY CLERK <br /> DATE: OCT g 1 2p15 <br /> a:xQcr�� <br /> Tvsiv iiDani f SIXTH AMENDMENT TO ADMINISTRATIVE SERVICES AGREEMENT WITH THE INTERNATIONAL <br /> Lori derC)I) CITY MANAGEMENT ASSOCIATION RETIRMENT CORPORATION (ICMA-RC) DBA <br /> MISSIONSQUARE RETIREMENT <br /> THIS SIXTH AMENDMENT to the above-referenced Agreement is entered into on September <br /> �A 2025 by and between the International City Management Association Retirement Corporation, <br /> doing business as MissionSquare Retirement ("MissionSquare"), and the City of Santa Ana ("City"), a <br /> charter city and municipal corporation organized and existing under the Constitution and laws of the <br /> State of California. MissionSquare and City are collectively referred to as the Parties or singularly as a <br /> Party. RECITALS <br /> A. The parties entered into Agreement No. A-2011-258, dated November 28, 2011,that <br /> established a Retiree Health Savings ("RHS") Plan for bargaining units that elect voluntarily to <br /> participate and by which ICMA-RC agreed to provide administrative services for the Benefit Plan <br /> ("Agreement"); <br /> B. On January 30, 2015,the City entered into a Participation Agreement(A-2011-258-04)with <br /> VantageTrust Company LLC on behalf of the RHS plans; <br /> C. On May 29, 2015, the Agreement was amended to change the definition of"spouse"to reflect a <br /> change in the law; <br /> D. On January 1, 2016,the Agreement was amended (A-2011-258-03) to update the provisions of <br /> the RHS; <br /> E. On June 30, 2016,the Agreement was amended (A-2011-258-04) to change the RHS Trust from <br /> Vantagecare to Vantage Trust II Multiple Collective Investment Funds Trust; <br /> F. On May 1, 2022,the Agreement was amended (A-2011-258-05)to add insurance coverage <br /> requirements to the Agreement; and <br /> G. The Parties agree to amend the Agreement to remove the automatic renewal term and to <br /> provide for a term of three years with two, one year automatic renewals and to change the <br /> compensation terms. <br /> The Parties therefore agree: <br /> 1. Section 5 of the Agreement entitled Compensation and Payment is amended and restated to <br /> read as follows: <br /> Absent an explicit agreement to the contrary between MissionSquare and Employer, participant <br /> fees and expenses shall be payable from RHS assets, in accordance with the requirements of the RHS <br /> Program as set forth below. <br /> (a) For RHS assets in the MSQ Funds Class S, other than the S11 class of the MissionSquare PLUS <br /> Fund <br />