Each month NAGDCA highlights a new topic and shares relevant information and resources with our members. This month we’re highlighting the topic of Plan Features and below you’ll find links to resources and information related to the topic. Keep an eye out for additional resources in our e-newsletter, NAGDCA Now. We’ll also add the resources to this post throughout the month to allow you to access the curated list from the website at your convenience.


NAGDCA Best Practice Guide – Plan Features

Click here to access the full Plan Design guide. 

Member Spotlight

San Mateo County Deferred Compensation Plan

In 2016, San Mateo County implemented a provision to automatically enroll new hires at a 1% deferral rate. As a result of this effort, the County witnessed participation rates increase dramatically, from 62% to 82%, in a span of three years. This was a great success, however the automatic enrollment provision only applied to new hires and these new hires were saving at 1% of pay (far lower than recommended savings rates). Looking at the plan data, the County decided there was more we could do to help employees save adequately for retirement. We decided to make some additional plan design enhancements in 2019.

To boost participation and savings rates even further, the County negotiated with various collective bargaining units and management groups to implement an automatic enrollment and an auto-escalate feature (from 1% – 5%) for current non-saving employees and those saving under 5% of pay. We believe these new provisions will help County employees get even closer to reaching their retirement goals.

Read Member Spotlight
View All Resource Digests