137 employees reported this benefit
Employee Retirement Account This is a portable retirement account completely funded by Cargill. You are immediately eligible for the annual discretionary contribution, which is 2.5 to 7% of your eligible pay. A schedule that uses your age and years of service determines the percentage of pay contributed to your Employee Retirement Account each year by Cargill. (Contributions are made in March, and you must have been an active Cargill employee on Dec. 31 of the previous year to receive a contribution.) You choose how to invest those contributions by selecting from the investment options offered. You are vested after three years of service.
As long as you put the max amount of years in you get quite a bit of a pension
Newer employees don't have nearly as much of a plan as employees who started years ago - seems to be going away.
It's a solid, 401k plan. I'm going with this and having my own Roth outside of the company.
I like the fact that they give us guidance and sessions to explain how to plan for retirement
Good to have when you can't work anymore
Stocks aren't vested until after three years.
401k plus equity in company shares makes for some good retirement options
Well rounded mix of ESOP and investment options and uses Vanguard with super low fee management.