302 employees reported this benefit
Cognizant Technology Solutions offers a 401(k) plan with some company match.
This information about the 401K Plan benefit at Cognizant Technology Solutions is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Cognizant Technology Solutions. The description here may not reflect the current Cognizant Technology Solutions 401K Plan benefit.
Only 50% match done till 6%
it is good, competitive with other companies
they share up to 3% of employee sharing
401 k plan is one of the worst in the industry. If you are highly compensated ie earn more than 125K a year - you are only eligible to contribute 3000 dollars towards 401k. Company match is just 3%
Plan performance could be better. As of now the returns are not very encouraging.
Good for 401K, but not the best
decent coverage for 401k at cts.
match is less comapre to other companies
Company match of .5 to 1$ up to 6%. Biggest issue is that it fails the stress test every year so if your salary is 115K or above, you can invest only 3000 in 401K.
Provide 401K retirement plan and match contribution