ABB Motors and Mechanical, Inc. Employee Benefit: 401K Plan | Glassdoor

ABB Motors and Mechanical, Inc. 401K Plan

Updated Jul 23, 2014

33 employees reported this benefit

3.6
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Employer Summary

Baldor provides employees with the ability to make 401(k) and/or Roth conributions and assists with a company match.


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Available to US-based employees (Change location)

Employee Comments

Showing 1–9 of 9
  • Aug 25, 2016
    StarStarStarStarStar Current Product Specialist in Greenville, South Carolina

    They offer a very competitive 401K plan.

  • Jun 12, 2016
    StarStarStarStarStar Current IT Business Analyst in Greenville, South Carolina

    Its a big company with good benefits.

  • Mar 29, 2016
    StarStarStarStarStar Former Employee in Saint Louis, Missouri

    immediate participation for new hire and 100% vesting

  • Mar 04, 2016
    StarStarStarStarStar Current Employee in Fort Smith, Arkansas

    The best thing is they match it up to a certain percent.

  • Dec 27, 2015
    StarStarStarStarStar Former Machinist in Athens, Georgia

    The company does not match 401k It takes two years before you are eligible for profit sharing

  • Dec 02, 2015
    StarStarStarStarStar Former Employee in Greenville, South Carolina

    Pretty low for industry standards, match 25% of contributions up to 6% of salary. After a few years they do profit sharing of a few percent of salary directly into the 401k, which helps make up for it.

  • Dec 01, 2015
    StarStarStarStarStar Former Employee in Claremore, Oklahoma

    For every dollar put in by the employee, the employer put a quarter.

  • Jul 15, 2015
    StarStarStarStarStar Former Employee in Greenville, South Carolina

    The 401(k) plan is typical, but the profit sharing program is both (1) very generous and (2) sent directly into each employee's 401(k), which is a GREAT system.

  • Jan 04, 2015
    StarStarStarStarStar Current Employee in Fort Smith, Arkansas

    In addition to Profit sharing this is a VERY good benefit!

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