Page 105 - DCAC February 2024 Files
P. 105
County of San Mateo Non-Participant Survey 2023
ANSWER CHOICES RESPONSES
Don't understand how the plan works 48.31% 57
Don't understand the investment options 25.42% 30
Don't like the investment options 4.24% 5
Can't afford to participate right now 27.12% 32
Don't understand how to enroll in the plan 13.56% 16
Haven't gotten around to it 12.71% 15
Didn't know we had a plan 16.10% 19
Saving for retirement in some other way 14.41% 17
I already have a pension 7.63% 9
Retirement is a long time away for me 2.54% 3
Don't think it is important 1.69% 2
Total Respondents: 118
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