Page 70 - DCAC Feb 2026 Files
P. 70

County of San Mateo Deferred Compensation Program Participant Survey 2026



           Q12 What would help you feel more informed or motivated to participate

                              (or continue participating) in the 457(b) plan?


                                                   Answered: 460   Skipped: 304



        #          RESPONSES                                                                     DATE
        1          I am retired. Your survey options did. It include this choice. I manage my plan through  2/11/2026 9:47 PM
                   empower.

        2          I Donut know                                                                  2/11/2026 6:41 PM
        3          No help at this time!!                                                        2/11/2026 5:27 PM
        4          Nothing                                                                       2/11/2026 4:29 PM

        5          I have understood pension plans since I was young so I am very familiar with them  2/11/2026 4:25 PM
        6          no comment                                                                    2/11/2026 4:07 PM
        7          Not applicable                                                                2/11/2026 4:03 PM
        8          Not participating further because I am already retired. I participated up until I retired.  2/11/2026 3:59 PM

        9          County contributing in addition to employee contributions.                    2/11/2026 2:52 PM
        10         I received a payout with no explanation. If it was necessary [I have no idea why] I should have  2/11/2026 2:49 PM
                   been notified. I received a check, but no explanation and apparently, a portion of my account
                   was closed out. All without notice or explanation. I would have preferred to keep whatever this
                   payout represents with Empower, but now I am considering moving all of my investment from
                   Empower to another vendor. At the very least, I should have received an explanation as to why
                   it was necessary to provide a payout and close out of one of my assets with Empower. Now,
                   you will not have the opportunity to help me combine all my other 401/457 accounts.

        11         I left San Mateo County and am currently employed at Santa Clara County and they have a  2/11/2026 2:06 PM
                   different 457 plan provider. I don't think there is a way to still participate in San Mateo County's
                   plan.

        12         Getting best possible ROI                                                     2/11/2026 2:05 PM
        13         Nothing                                                                       2/11/2026 1:33 PM
        14         I am retired and have a current balance. I can no longer contribute to my acct.  2/11/2026 1:33 PM

        15         speaking to someone                                                           2/11/2026 1:29 PM
        16         I am retired so can't really continue to contribute. I've been very happy with the Deferred  2/11/2026 1:16 PM
                   Compensation Program investments to date

        17         Help increasing the remainder.                                                2/11/2026 1:15 PM
        18         already participate                                                           2/11/2026 9:29 AM
        19         I am part-time employee and want to be able to choose my investment. Better yet I want to  2/10/2026 5:36 PM
                   choose whether I have any of my salary deducted. Right now I cannot change from a bond
                   fund with high expense fees
        20         Not sure at the moment                                                        2/10/2026 2:48 PM

        21         Better understanding of what happens when I retire                            2/10/2026 12:02 PM
        22         some incentive or matching                                                    2/10/2026 11:28 AM
        23         I've retired and am now working as extra help and the monies I did have in the is depleted.  2/10/2026 11:26 AM
        24         To talk with someone about my account                                         2/10/2026 12:46 AM




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