54 employees reported this benefit
Burns & McDonnell has an employer-matched 401(k) plan for U.S. employees.
Great matching percentage. Has a great overall compensation to go with 401k benefit. Plenty of options on investing packages.
401(k) matching is so-so. 50% match on the first 6.5% of deferral.
The 401k provides a pretty good employer match benefit. It is pretty comparable to the industry.
The 491k matching was comparable and stock plans were maintained by a great provider independently. Good access to online services to manage account.
Above average company match.
Using Principal Investments as their 401k management company, investment options are severely limited in comparison to Fidelity or Vanguard as an example. Principle's website is also lacking for performance research. The company offers an industry average 50% match on 6.5% of your pay. Company does little in the area of retirement investment education.
There is not a bad thing about the 401K plan.
The 401K plan is good. Lots of options to choose from. They give regular guidance on how to invest.
The matching is low, but it is not something important as the ESOP and bonuses make up for it and more
You have to wait 6 years to be 100% vested in the company match! But "it's okay," you're always 100% vested in your own contributions. Talk about generous...