Page 90 - DCAC Feb 2026 Files

County of San Mateo Retreat 12/08/2025

2026 DCAC Goals & Objectives

1. GOAL – Increase average contribution amount.

• ACTION – Promote “being a part of this $1 billion plan” to encourage increased
participation and average contributions.

o $1 billion plan assets campaign (see Denver campaign)

• ACTION – Target 1% contributors via email Empower campaign.

• ACTION – Continue working to move more participants from flat-dollar to
percentage of compensation contributions.

o Examine flat-dollar contributors to determine how many hit the 402(g)
limit in 2025.

• ACTION – Increase the number of deferral changes when participant meet with
Empower.

o 141 increased from 01/01/2025 – 09/30/2025.

• RESULTS – Compare participation and average contribution numbers to 2025.

2. GOAL – Increase participant engagement and security of participant data.

• ACTION – Continue Empower login education campaign to capture more employee
email addresses and create accounts with dual authentication.
o Currently 78% of participants have an email address.

o Currently 46% have logged on and created an Empower account.

• RESULT – Compare 2025 to 2026 numbers.

3. GOAL – Increase percentage of participants establishing a beneficiary.

• ACTION – Empower to develop and implement a “Leaving a Legacy” campaign
through participant meetings and webinars.

o Currently, XX% have established a beneficiary.

• ACTION – Compare 2025 to 2026 percentage.

4. GOAL – Increase utilization of Financial Wellness resources.

• ACTION – Leverage Empower and Remotiv financial wellness content.

• RESULT – Not sure how this will be measured.

• ACTION – Develop method of helping participants determine how much to save.