81 employees reported this benefit
Bose offers employees an employer-matched 401(k) plan.
match 3% which is pretty standard
Only a 2% match on the first 2% of contributing...not amazing. But they do have a pension as well.
401K has many options and easy access but you can't beat the pension plan!
Company matches 50% up to 4% of pay
Low matching % and most available funds have a high expense ratio
Excellent matching program a big benefit
Basic benefit but the pension plan is a nice addition.
BEST: You get the 401K PLUS a fully company paid Defined Benefit Pension Plan. Two Great retirement tools. Most companies have only one, or even sometimes none.... WORST: Because there is also a company paid Pension Plan, the 401K match is below what is typically seen today. Bose matches 50% of the first 4% you contribute, but the Bose match is capped at 2%.
They matched some percentage, but it was pretty small, only a few percent of total income. Nevertheless, a good start to saving for retirement.
Felt like the company match could be a little bit better