Deferred Compensation Plans
Valley Water provides two deferred compensation plans to its employees and retirees: a 457(b) plan and a 401(a) plan. The current Plan Administrator for both of these plans is Nationwide Retirement Solutions and Nationwide Life Insurance Company (Nationwide). Access and contact information are provided below.
Oversight of the Plan Administrator’s role and performance is provided by Valley Water’s Deferred Compensation Committee. The Committee functions under the authority of the Chief Administrative Officer, reporting to the Chief Executive Officer. The board of directors established the authority for this structure at its July 3, 2001 meeting. The current membership of the Committee is shown in the table below.
The Committee is advised by an investment advisory firm, currently Innovest Inc. The Committee meets at least quarterly. See the schedule of recent past and current year planned meetings below. Employees and retirees are welcome to attend these meetings.
FY2026 Deferred Compensation Committee:
| Voting Members | Representing | Alternate |
|---|---|---|
| Steven De La O- Chair | Employees Association | Paul Randhawa |
| Gregory Williams - Vice Chair | Unclassified | Tina Yoke |
| Jason Miguel | Engineers Society | Barton Ching |
| Amandeep Saini | Professional Mgrs. Assoc. | John Brosnan |
| Dave Hook | Assoc. of Retired District Emp. | Ed Drury |
| Enrique De Anda | Chief Financial Officer | Darin Taylor |
| Melissa Wong | Human Resources | Jennifer Arias |
| Non-Voting Members | Representing | Alternate |
| Charlene Sun | Treasury & Debt Unit Manager | None |
| Linda Mason | District Counsel | None |
| Ofelia Hsieh | Payroll Unit | None |
| Patrice McElroy | HR Deputy | None |
| Cia Castro | Committee Liaison | None |
Nationwide Solutions
| Nationwide Retirement Solutions |
|---|
457(b) Plan #0041619001 401(a) Plan Changes Valley Water Nationwide Representative: Elizabeth Trevino
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Fee Disclosures:
Nationwide payroll change Authorization form Valley Water Nationwide direct link
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updated 03/06/2026 | Committee contact person: Cia Castro
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