89 employees reported this benefit
401(k) Plan - Chubb Capital Accumulation Plan (CCAP)
Company match % is above industry standard
Their 401k match and vesting is awesome
4% match, no pension plan
Match, though you have to stay through Jan. 1 for it to happen.
Long term employees get a higher match than those hired after 2006. But the match is above average to me.
Chubb does not pay their matching contribution until the following calendar year.
They have a 401K plan and a core 401K plan that works like a pension. They only match half of your contribution which is less than my previous job.
the 401K is ok, but the expenses seem to be a bit higher than what they were under the old 401K provider.
A Good plan that will be improved in 2018.
We used to see the company's contribution in every paycheck. Since ACE bought Chubb it is not distributed until the end of the year, which means the company gets to earn the interest on it instead of the employee.