94 employees reported this benefit
401 is very good overall
no match in 401k plan
Major vendor offering with a company match most times
They stopped matching in 2014. Instead, they introduced cash account program. in 2014 to compensate for not matching.
The company provides matching contribution up-to 6%.
Beside the Aon Hewitt transition, I was very satisfied with their 401(k) plan.
It is over. Instead there is a new program called CAP which still is funded by 6% company's contribution, however, the annual interest rate is fixed at 4%. It is no longer funded by operational earnings but by Lucent Technologies Pension Plan Fund.
401K is offered but no company match.
they dont match, but you can contribute.
Offer pension as their % input