279 employees reported this benefit
High match threshold for employees
The company match is good at dollar-for-dollar on first 4%, then $0.50 per dollar up to 6.5%; easy to max out the company match without having a lot taken from each paycheck. Company also gives annual one-time payouts to the 401(k) based on company performance and job level, in addition to the regular match. This is something I haven't seen with any other employer and really boosts the overall savings. The funds offered are from smaller / less well known firms like Blackrock, and none of them have a publicly listed symbol that can be tracked on Yahoo Finance or other tracking platforms. Only way to see fund performance is log into the account management system. The funds have higher expense ratios than funds from companies like Vanguard, and many are newer funds with only a few years of performance history to go by, making it harder to make an educated choice about where to invest. Plan also offers a fully active management option for a monthly fee, but it's based on percentage of total dollar value and doing the math it doesn't seem like a good deal for expected average performance.
Nice match with 5% on 6%, plus 2% non-elective
Dollar for dollar matching up to 6%
It is average, but it does have some very good insight tools.
It would be better if matched at 100%
100% match up to 4%
Matching opportunity up to 5%, counseling opportunities available at no cost.
There was a 5%, immediately vested match every pay, on top of a 2% annual match with a three year cliff vesting schedule.
Only match up to 4% dollar for dollar after that it's only .50 on the dollar.