Page 55 - DCAC Feb 2026 Files

County of San Mateo Deferred Compensation Program Participant Survey 2026

Q2 What is the main reason you have not enrolled in the 457(b) Plan?

(Select one)

Answered: 37 Skipped: 727

I can’t afford to contribute
right now

I don’t understand how the
plan works

I haven’t had time to enroll

I prefer other savings
methods

I don’t think it is important at
this stage in my life

0% 20% 40% 60% 80% 100%

Answer Choices Percentage Responses

I can’t afford to contribute right now 24.32% 9

I don’t understand how the plan works 45.95% 17

I haven’t had time to enroll 2.70% 1

I prefer other savings methods 18.92% 7

I don’t think it is important at this stage in my life 8.11% 3

Total 37

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