Page 53 - DCAC February 2024 Files

County of San Mateo Deferred Compensation Program Participant Survey 2023

54 dont really understand 12/14/2023 5:22 PM
55 The current plans are not sufficiently aggressive and in order to have a more aggressive self- 12/14/2023 5:21 PM
invested allocation we need to pay a quarterly $15 fee to self-allocate which seems very
counterintuitive.

56 I'm not educated enough in this area to give an opinion. 12/14/2023 5:17 PM
57 Could be a wider selection of options and more ability to make more changes at one time. 12/14/2023 5:17 PM

58 County programs seem to cover the basics but they are only advertised once or twice a year. 12/14/2023 5:16 PM
59 Nothing special 12/14/2023 5:16 PM
60 Compared to my 401k plan when I was in private workforce, there are fewer options for 12/14/2023 5:15 PM
investment with my 457. Although I get pension contributions which I greatly appreciate, it was
nice getting 401k contributions matched as well.
61 I've been with the county for a few months and have not taken the time to evaluate this. 12/14/2023 5:14 PM
62 Please make sure you inform individuals on to get match from county. 12/14/2023 5:13 PM

63 I have no strong opinion of the plan design. 12/14/2023 5:12 PM
64 Need to know what my money is being invested in 12/14/2023 5:12 PM
65 don't know much about it 12/14/2023 5:12 PM

66 Need more 1:1 guidance 12/12/2023 1:53 AM
67 Lower- I believe SMC members needs a wide array of Socially Responsible funds to choose 12/7/2023 2:12 PM
from.

68 Not enough time to engage and learn of the issues 12/7/2023 11:58 AM
69 the fees to maintain my account are egregious, I am losing money on my account, I use to 11/30/2023 11:56 AM
pay about 18 in fees and in June it jumped to $2.50. Not to mention I do not have the ability to
change investment options.
70 Most large organizations have up to a 3% matching contributions program -- the county does 11/29/2023 12:49 PM
not do any matching contributions which makes the plan subpar and makes other employers
more tempting
71 I don't know if employees understand plan design. Employees need to be educated on that. 11/29/2023 10:13 AM
72 would like more investment options 11/28/2023 3:22 PM

73 I don't know anything about it 11/27/2023 5:59 PM
74 Doing a good job but could be better in comparison to other entities. 11/27/2023 4:29 PM
75 unsure 11/27/2023 4:15 PM
76 I would like the option to save more of my salary in deferred compensation. 11/27/2023 12:48 PM

77 Need additional information increasing monthly deposits to the program and when. Sometimes 11/27/2023 12:11 PM
hard to find information.
78 I don't seem to get much info. on maybe instruction on the different types to help chose, and 11/27/2023 11:41 AM
how to change, would be good.
79 other options are better 11/27/2023 11:38 AM
80 Very limited investment options 11/27/2023 11:26 AM

81 I need a better understanding of the plan. 11/27/2023 11:09 AM
82 web page design is terrible 11/27/2023 10:39 AM
83 I don't know enough to give it a rating. 11/27/2023 10:31 AM

84 it was in regard to plan design, but in reality I have no idea what plan design is or any of the 11/27/2023 10:09 AM
other options given to me. it just sounded the best. that being said, I couldn't comment further

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