SURVEY |
2021
Participant Survey
Reported by PLANSPONSOR
| Art by Nan Lee
Hypothetical Trade-Off Scenarios
Hypothetical Trade-Off Scenarios
(Includes unemployed respondents)Bonus vs Contribution
- One-time $5,000 bonus
- One-time $5,000 contribution to 401(k) account
Guaranteed Return vs Market-Based Return Scenario 1
- Guaranteed 3% annual return
- Market-based return that might greatly exceed 3% but also could lose money
Guaranteed Return vs Market-Based Return Scenario 2
- Guaranteed 2% annual return on retirement savings
- Market-based return that might exceed 2% but also could lose money
Lower Fees vs Chance for Higher Returns
- Pay lower fees and accept 'below average' returns
- Pay higher fees in hope of receiving 'above average' returns
Social Impact vs Higher Salary
- Work for a company that makes a positive social impact but pays 20% less
- Work for a company that makes no social impact but pays 20% more
Lower Premiums vs Increased Employer Contribution
- Lower monthly health insurance premiums by $300
- Increase monthly employer contribution to 401(k) account by $300
One-Time Contribution vs Guaranteed Lifetime Payments
- Receive one-time $10,000 contribution into 401(k) account
- Receive guaranteed lifetime payments of $250/month but starting at age 65
Work From Home vs Higher Salary
- Work for a company that requires 5 days in office per week but pays 20% more
- Work for a company that requires only 1 day in office per week but pays 20% less
Extra Vacation Day vs Charitable Donation Scenario 1
- Receive one extra day of PTO to volunteer time to charities
- Receive a company match up to $1,000 on charitable donations
Extra Vacation Days vs. Charitable Donation Scenario 2
- Get two extra days of PTO to volunteer time to charities
- Receive a company match up to $1,000 on charitable donations
