21 employees reported this benefit
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:
max. 3% match with 5% contribution.
I suppose any matching is better than none, but the rate at which they match may as well be none.
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.
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.
Lucky we are even offered this ! Would be nicer if they matched however , so thankful !
Company does not match the 401k plan
benefits are terrible. This job has no incentive other than a crappy paycheck.
You can participate for 401l after a year but company doesn't match anything