51 employees reported this benefit
Bain’s generous 401(k) employer contribution is based on tenure and immediately vested. The plan allows employees to contribute to a retirement account upon hire and provides contribution options on a tax-deferred or after-tax basis.
bain invests in 401k on your behalf regardless of how much you put in
matching is provided. provider has lots of options
Company matches up to a stated percent of what the employee contributes to their retirement plan.
Bain has an excellent 401K plan from Vanguard with very low fees. Bain contributes 4.5% independent of whether the employee contributes. This amount increases after three years. It is 100% vested immediately.
Strong matching on 401K plans
Automatic contribution of 4.5% is fine but nothing to write home about. I've had previous employers match up to the limit, which means much more at my current pay level. Good thing is there is no vesting period.
Vests right away - entire company contribution
bain has a great matching policy
No matching, just a guaranteed 4.5% of salary. I would prefer matching up to 6%.