Since Treasurer Perdue’s office took over the program in July of 2006, total enrollment has practically doubled, from 5,000 to more than 9,500. Total assets have risen from $68 million to $74 million and more than 70 political subdivisions are participating.

Some highlights from the past fiscal year: 

• Lowered investment management fees by 25 basis points effective July 1.
• As of June 30 total plan assets ($74.3 million) had a calculated return of 9.5 percent for the quarter end.  Comparatively, the 50 percent S&P 500 Index and 50 percent Barclays Capital Aggregate Bond Index returned 8.8 percent.
• As of June 30 the plan’s variable assets ($45.4 million) had a calculated return of 17.9 percent for the quarter end, versus 15.9 percent for the S&P 500 Index.
• The plan’s investment options have the following Morningstar Ratings. Five stars is the highest rating Morningstar gives.
• Five options - Five stars
• Six options - Four stars
• 11 options - Three stars
• Two options - Two stars
• Total participants -- 9,623

“We’re proud of the plan’s performance and also encouraged by the tentative rebound of the stock market,” said Treasurer Perdue. “If the market continues its upswing, I’m quite confident that we’ll see more years like the past one. We offer a quality product for state, county and city employees. Those who work for other political subdivisions are also eligible to participate.”