Banfield Pet Hospital Employee Benefit: 401K Plan | Glassdoor

Banfield Pet Hospital 401K Plan

Updated Jan 11, 2015

177 employees reported this benefit


Employer Summary

Banfield provides newly eligible associates with automatic enrollment at a 3% contribution rate into the 401(k) Retirement Savings Plan through Principal Financial Group. The 401(k) allows associates to set aside pre-tax dollars on a tax deferred basis for retirement. Banfield provides pratice matching contributions up to 3.5% on a 6% associate deferral!

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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 35
  • Aug 10, 2018
    StarStarStarStarStar Current Veterinary Technician in Vancouver, Washington State

    They match the first 6% then 0.5% after. So far the growth is impressive.

  • Mar 04, 2018
    StarStarStarStarStar Current Veterinary Assistant in Chicago, Illinois

    I should pay more attention to this but I don't.

  • Jan 31, 2018
    StarStarStarStarStar Former Employee in Denver, Colorado

    Its a standard 401k but the low rate of pay makes this somewhat superfluous.

  • Jan 29, 2018
    StarStarStarStarStar Current Employee in Minneapolis, Minnesota

    easy to manage, and increased to max out at 6%

  • Nov 30, 2017
    StarStarStarStarStar Former Veterinarian in Indianapolis, Indiana

    Adequate. Low matching and little flexibility in plan. HAve to choose among target date retirement options.

  • Oct 05, 2017
    StarStarStarStarStar Current Client Service Coordinator in Shawnee, Kansas

    Better than most places I have worked!

  • Sep 29, 2017
    StarStarStarStarStar Former Veterinary Assistant in Kansas City, Kansas

    Company matches up to 6% I think.

  • Sep 18, 2017
    StarStarStarStarStar Current Veterinary Assistant in Ann Arbor, Michigan

    Very flexible set-up with Vanguard. Banfield matches the first 2.5% you contribute.

  • Sep 13, 2017
    StarStarStarStarStar Former Veterinary Assistant in Saint Louis, Missouri

    Company will match at 6%

  • Jun 23, 2017
    StarStarStarStarStar Former Vet Assistant in Saint Louis, Missouri

    Loved it. Makes one feel good about their hard work.

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