420 employees reported this benefit
AIG offers a 401(k) plan for eligible employees with a 100% match on the first 6% contribution, as well as an automatic 3% contribution from AIG. The 401(k) plan has immediate vesting on both the 6% match and 3% company contribution.
Selection of funds was not very robust. Few low-cost index funds available.
Company match is a nice benefit
Good matching, 3% given to you for free no questions asked, and then after that, they'll match you dollar for dollar up to 6%. If you contribute 6%, AIG will give you 9% on top of that (3% baseline, and 6% from the match). Good choices for funds, with low expense ratios.
Company contribution of 3% of salary and an additional 100% match of employee's contribution. Total match can be as high as 9% of compensation.
Standard offerings and accessible.
Good match, up to 7%
Matching up to 3% of salary.
It is okay, AIG matches it up to 6%. You are able to take a loan out from it and pay the loan back.
match 6% + 3% additional
easy access to plan information and easy to adjust investment options