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Colorado Secure Savings Board Meeting Minutes July 2025

Date: July 29, 2025

Board Members in Attendance:

  • Dave Young (Board Chair)

  • Keshia Allen Horner

  • Jim Martin

  • Toby Nuber

  • Kara Wooley

  • Jennifer Luce

  • Matthew Propst

  • Kelly Stecklein

 

TimeTopicNotes
2:02PM - 2:03PMIntroduction and Roll Call 
2:03PM - 2:04PMApproval of July Meeting MinutesMatt moved to approve the meeting minutes from the July 29, 2025, Board Meeting. Jim seconded the motion.
The motion passed with 8 yes, 0 no, and 1 excused.
2:04PM - 2:57PMProgram UpdatesCourtney updated the Board on some of the activities Vestwell has been working on with the Secures Savings
team. This included the annual wave, data sharing agreement with CDLE, payroll contributions, employer
numbers for savers and employers, employers and savers mailings, updated language accessibility, and tools on the Vestwell portals.
The Secure Savings team gave an update on the outreach and organizations they have worked with since the
last Board meeting. They gave an overview of what they will be doing for outreach for the next year.
2:57PM - 3:07PMSalesforce Discussion Hunter shared the Salesforce proposal for the program.
Keisha made a motion to approve moving forward with the Salesforce engagement on the basis of
implementing the CRM and marketing cloud, and the initial implementation consulting. Kara seconded the
motion. The motion passed with 8 yes, 0 no, 1 excused.
 
3:07PM - 3:19PMInvestment Overview and Investment Policy StatementSegal Marco Advisors presented the investment overview.
3:19PM - 3:29PM Landmark Audit ReviewGreg from Landmark PLC shared an overview of the independent audit of the partnership. As of the audit, this
included Colorado, Delaware, Vermont, and Maine. The audit was shared in 4 parts: the independent audit
report, the management discussion and analysis, the financial statements/notes to the financial statements,
and the supplementary schedules.
3:29PM - 3:39PMPubilc Comment

Written Comments
Mark Gutridge : When is enforcement and compliance starting?

Still building out the infrastructure, so sometime in July or August of 2026
What were the anticipated uptake rates from employers based on when the program
started?
Expected around 70 to 80 percent adoption rate.

Verbal Comments
There were no verbal comments.

3:40PMMeeting Adjourn