310 employees reported this benefit
lower than industry average match.
401k is with Merrill Lynch. The match is done annually sometime in the first quarter, but it vests over a 3 year period (1/3 per year). All salary deferrals into your 401k are not put into the account on payday, but will go in the following Tuesday in most cases
They match up to 6% of your 401(k).
Was much better before the 401k match shrunk.
Minimal 401k matching contributions, but similar to others in this line of business
good 401 k plan starts from day 1
The worst part of the company match is that they issue company shares instead of investing in my diversified portfolio. This essentially dilute the existing share holders value by issuing additional shares. Essentially they are forcing you buy AECOM shares in your 401k account.
company match is not paid out with each paycheck.
It's a typical plan with a 50% match up to 3% total. There are quite a few investment options available to choose from. However the match that comes from the company is in company stock so it has be sold and then invested in another fund.
Not the best for the company when merging with urs