83 employees reported this benefit
AMEC has a 401(k) plan for U.S. employees.
This information about the 401K Plan benefit at Amec Foster Wheeler is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Amec Foster Wheeler. The description here may not reflect the current Amec Foster Wheeler 401K Plan benefit.
3 years vesting period, not good at all. Company match up to 4%, and they can take the lay people off 1 month before vesting time
Dollar for dollar matching up to 5%
Limited amount of investment options. Not pleased at all with Vanguards 401k Website. Have IRAs with other brokerages that are much more user friendly
5% match, and you're immediately vested. Administered by Vanguard.
Solid matching and decent performance, conversion to Roth a plus.
The plan administrator keeps changing Fidelity, then ING now Vanguard.
Well balanced investment offerings as well as stable investment growth.
I am satisfied with the benefit
Company match is better than most but not the leader. Vanguard has limited options. Match is not in company stock.
Vanguard is the 401K investing company.