Cherwell Software Employee Benefit: 401K Plan | Glassdoor

Cherwell Software 401K Plan

Updated Apr 07, 2016

41 employees reported this benefit

3.7
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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 12
  • Oct 31, 2018
    StarStarStarStarStar Current Employee in Colorado Springs, Colorado

    Love the 100% vesting with company match after 1 year

  • Sep 19, 2018
    StarStarStarStarStar Current ASSOCIATE COMMUNICATIONS SPECIALIST in Denver, Colorado

    Up to 4% match, love it.

  • Sep 29, 2017
    StarStarStarStarStar Current Employee in Denver, Colorado

    I don't like our current 401K company. They individually charge us for for our accounts. It's a hidden fee that you have to look for.

  • Sep 25, 2017
    StarStarStarStarStar Current Software Developer in Colorado Springs, Colorado

    401k contributions are matched up to 4% after one year of service.

  • Apr 22, 2017
    StarStarStarStarStarEmployee

    It's okay could use better investment offerings. Very vanilla models and options. 4% match is helpful and appreciated but more companies are doing a 5-6% match these days.

  • Dec 22, 2016
    StarStarStarStarStar Current Employee in Colorado Springs, Colorado

    Very good 100% vesting on company match. It doesn't start until after you have been employed 1 year. In this economy, that's good

  • Nov 29, 2016
    StarStarStarStarStar Former Employee in Colorado Springs, Colorado

    The 401(k) matching plan was initiated early in the employment tenure.

  • Feb 24, 2016
    StarStarStarStarStar Current Vice President in Colorado Springs, Colorado

    Immediate vesting in employer match (even though you cannot participate in the plan until one year anniversary).

  • Feb 18, 2016
    StarStarStarStarStar Current Employee in Colorado Springs, Colorado

    Wait 1 year. 3% match is not competitive

    Cherwell Software Response

    Cherwell was once a small company, but is rapidly growing. As such, we are continuously seeking to improve our benefit plans to meet the needs of our expanding demographic of employees. Our 401k plan remains on the list of things we monitor and strive to enhance in the future.

  • May 17, 2015
    StarStarStarStarStar Current Professional Services Consultant in Colorado Springs, Colorado

    No employer match for 401k


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