Chubb Employee Benefit: 401K Plan | Glassdoor

Chubb 401K Plan

Updated Mar 26, 2015

105 employees reported this benefit


Employer Summary

401(k) Plan - Chubb Capital Accumulation Plan (CCAP)

  • Chubb automatically enrolls eligible new hires in the CCAP plan with a 4% pre-tax contribution. 
  • You may change your election at any time.
  • Elect pre-tax and/or after-tax contributions.
  • If you are over age 50, you can contribute catch-up contributions up to an additional $6,000 pretax (indexed annually)
  • Eligible to voluntarily defer on the first of the month after completing one full month of employment.
  • You may voluntarily contribute up to 50% of pay; $18,000 IRS limit (indexed annually) on pretax.
  • Chubb matches up to 4% ($1 for $1 based on actual deferral) of pay on pretax basis, credited each pay period for the match.
  • Vesting occurs after 3 years of Chubb service.
  • CCAP currently offers 29 investment options. 

Employer Verified
Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 32
  • Mar 13, 2020
    StarStarStarStarStar Current Underwriting Assistant in Chicago, Illinois

    3% match with 6% contribution regardless of what you contribute

  • Dec 09, 2019
    StarStarStarStarStar Current Employee in New Orleans, Louisiana

    100% matching on first 6%

  • Nov 27, 2019
    StarStarStarStarStar Current Vice President in Alpharetta, Georgia

    Healthy match considerations for full contributions.

  • Nov 12, 2019
    StarStarStarStarStar Current Employee in Alpharetta, Georgia

    I believe they match up to 6%

  • Sep 19, 2019
    StarStarStarStarStar Current Risk Consultant in New York, New York State

    average 401K recently the percentage was increased since the company no longer offers a pension plan

  • Sep 16, 2019
    StarStarStarStarStar Current Employee in Philadelphia, Pennsylvania

    Absolutely the best. Grandfathered into their older plan. Newest plan provides up to 9% of base salary for employer contribution piece.

  • Apr 24, 2019
    StarStarStarStarStar Former Relationship Manager in Chicago, Illinois

    They match up to 6%, they should match more.

  • Mar 27, 2019
    StarStarStarStarStar Current Senior Finan in Philadelphia, Pennsylvania

    Company match % is above industry standard

  • Feb 08, 2019
    StarStarStarStarStar Current Data Analyst in Philadelphia, Pennsylvania

    Their 401k match and vesting is awesome

  • Nov 29, 2018
    StarStarStarStarStar Former Associate Premier Underwriter in Whitehouse Station, New Jersey

    4% match, no pension plan

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