Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $1.4 M - $3.1 M
Salary
  • salary
    Unknown
Employment
  • Started 07/13/2021

Financial Disclosure Details - OGE Form 278e (05/03/2022)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Sacramento, California
California Labor Secretary
7/2021
2
Washington D.C., District of Columbia
Board of Directors Member
7/2021
3
Oakland, California
Board of Directors Member
3/2019
4
Sacramento, California
California Labor Commissioner
1/2019
5
Sacramento, California
Commissioner
1/2019

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
California Labor and Workforce Development Agency
Salary
$222,950
2
State of California, Defined Benefit Plan (value not easily ascertainable) eligible for $3,200/mo at age 60
None (or less than $201)
3
State of California Defined Contribution Plans
3.1
State of California 457(b) Plan
3.1.1
Savings Plus Plan Target Date 2030
$100,001 - $250,000
None (or less than $201)
3.2
State of California 401(k) Plan
3.2.1
Savings Plus Plan Target Date 2030
$500,001 - $1,000,000
None (or less than $201)
4
Asian American Advancing Justice - LA 403(b) Plan
4.1
Valic Company 1 Large Cap Stock Index Fund
$50,001 - $100,000
None (or less than $201)
4.2
Valic Company 1 Mid Cap Index Fund
$15,001 - $50,000
None (or less than $201)

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
Los Angeles, California
I will continue to participate in this 403(b) defined contribution plan. The plan sponsor no longer makes contributions.
1/2003
2
Sacramento, California
I will continue to participate in this 401(k) defined contribution plan. The plan sponsor will not make further contributions after my separation.
4/2011
3
Sacramento, California
I will continue to participate in this defined benefit plan.
4/2011
4
Sacramento, California
I will continue to participate in this 457(b) defined contribution plan. The plan sponsor will not make further contributions after my separation.
4/2011

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
Nothing reported in this section

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
Nothing reported in this section

Other Assets and Income

#
Description
Value
Type
Amount
1
CA (ScholarShare) College Savings Plans
1.1
Individual 529 Plan #1
1.1.1
Passive Diversified Equity Investment Portfolio
$100,001 - $250,000
None (or less than $201)
1.1.2
2020/2021 Enrollment Portfolio Passive
$100,001 - $250,000
None (or less than $201)
1.2
Individual 529 Plan #2
1.2.1
Passive Diversified Equity Investment Portfolio
$250,001 - $500,000
None (or less than $201)
1.2.2
Passive Age-Based Portfolio 18 & Over
$100,001 - $250,000
None (or less than $201)
1.3
Individual 529 Plan #3
1.3.1
Passive Diversified Equity Investment Portfolio
$15,001 - $50,000
None (or less than $201)
2
U.S. bank (cash)
$100,001 - $250,000
Interest
None (or less than $201)

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
Nothing reported in this section

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
Nothing reported in this section

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