Page 49 - DCAC February 2024 Files

County of San Mateo Deferred Compensation Program Participant Survey 2023

Q7 Which aspect of the County’s program is most important?

Answered: 646 Skipped: 110

Plan design
(Refers to t...

Investment
options (Ref...

Plan updates
and resource...

Participant
education...

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

ANSWER CHOICES RESPONSES
Plan design (Refers to the framework of a retirement plan, such as how much you can save, where you can invest, 46.59% 301
distribution of funds…etc.)
Investment options (Refers to the range and type of investment options you can select as part of your plan) 30.34% 196

Plan updates and resources (Refers to the availability of information via the participant website, the mobile app, the call 9.13% 59
center, and online tools.)

Participant education (Refers to virtual and onsite education sessions provided by the Empower onsite representative.) 13.93% 90
TOTAL 646

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