Brock & Scott, PLLC Employee Benefit: 401K Plan | Glassdoor

Brock & Scott, PLLC 401K Plan

Updated Jul 06, 2017

21 employees reported this benefit

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Employer Summary

After six months of full-time service, employees over the age of 21 become eligible to participate in the firm’s 401(k).

Effective July 1st, Brock & Scott will match 100% of the first 1% employee contribution and 50% of the next 2% employee contribution. If an employee contributes 3% of their salary to the plan, the Brock & Scott match will total 2% of that employee’s earnings!

Participants will become vested in the portion of their individual account derived from matching contributions on a 5-year graded schedule (1,000 hours per year service required), based on their Brock & Scott hire date, as follows:

  • Year 1: 20%
  • Year 2: 40%
  • Year 3: 60%
  • Year 4: 80%
  • Year 5: 100%


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Employee Comments

Showing 1–8 of 8
  • Sep 20, 2018
    StarStarStarStarStar Current Employee in Winston-Salem, North Carolina

    max. 3% match with 5% contribution.

  • Jun 20, 2018
    StarStarStarStarStar Former Legal Assistant/Paralegal in Wilmington, North Carolina

    I suppose any matching is better than none, but the rate at which they match may as well be none.

  • Mar 19, 2018
    StarStarStarStarStar Current Employee in Wilmington, North Carolina

    They recently updated their benefits for their 401 K so hopefully it will be better than before. It is an improvement from last year's benefits.

  • Aug 19, 2017
    StarStarStarStarStar Current Data Entry in Wilkesboro, North Carolina

    They have just started a match program. I feel like it it's a pretty standard match program. You can select who you want to invest in out of a list or have an investment company do it for you based on your preferences and needs.

  • Apr 18, 2017
    StarStarStarStarStarEmployee

    Lucky we are even offered this ! Would be nicer if they matched however , so thankful !

  • Oct 01, 2016
    StarStarStarStarStar Former Paralegal in Fort Lauderdale, Florida

    Company does not match the 401k plan

  • Mar 14, 2016
    StarStarStarStarStar Former Employee in Wilkesboro, North Carolina

    benefits are terrible. This job has no incentive other than a crappy paycheck.

  • Dec 03, 2015
    StarStarStarStarStar Former Foreclosure - Data Entry in Wilkesboro, North Carolina

    You can participate for 401l after a year but company doesn't match anything

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