U.S. Bank

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U.S. Bank 401K Plan

3.37 out of 5 (19 comments)

This article is about U.S. Bank 401K Plan in US

U.S. Bank offers a 401(k) Savings Plan.

This information about the 401K Plan benefit at U.S. Bank is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of U.S. Bank. The description here may not reflect the current U.S. Bank 401K Plan benefit.

41 of 41 employees (100%) reported this benefit.
Last Edited 07/20/14

Employee Comments

  • Dec 17, 2014
    Current Structured Finance Analyst in Chicago, Illinois

    The 401 match amount was poor

  • Dec 15, 2014
    Former Branch Manager II in Salt Lake City, Utah

    U.S. Bank continues to match 4% of your own contributions.

  • Dec 6, 2014
    Current Senior Manager in Salt Lake City, Utah

    They offer it and give a 4% match after your first year. Not a lot of options for investments. Mainly target retirement funds. However there are still enough to do some retirement planning. The match could be better and allow more options for investments for those that like to control their money.

  • Nov 30, 2014
    Current UNIVERSAL BANKER in Bowling Green, Kentucky

    They match 4% but only pay out matching contributions on an annual basis.

  • Nov 26, 2014
    Current Credit analyst 3 in San Diego, California

    The company match is the best thing about the plan. You can also step up your contributions by year until you reach your goal contribution per paycheck.

  • Nov 22, 2014
    Current Operations Manager in Overland Park, Kansas

    100% match on the first 4 percent of pay. Multiple choices for investments is a pretty good deal. They only pay it out yearly in January, so if you leave during the year, you go no match from the company.

  • Nov 9, 2014
    Former Teller 1 in Torrance, California

    Vanguard 401K is actually good and I still have it. I recommend putting your match in and getting the pay out at the beginning of the year. It is nearly "free" money, do it!

  • Oct 31, 2014
    Former Employee in San Luis Obispo, California

    nope, not worth it unless you are making so much money that you dont need it

  • Oct 23, 2014
    Current Vice President in New York, New York State

    Not great investment options (just not very many and the ones they have haven't performed very well).
    They will only start matching (up to $9,500, I think) after your first full calendar year of service (so if you started mid-year, you'll have to wait until the beginning of your first full year there).

  • Oct 16, 2014
    Former Employee in Mesa, Arizona

    They did not match you until one year of being employed.

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