They needed to match it better. They went to only once a year doing match.
A 3% match that is deposited once a year is not generous considering what top level executives make.
They don't contribute to your 401(k) until after you've been there one whole year. And, they only contribute three percent. And, they only contribute once a year meaning that any earnings you'd get off of employer contributions during the year are lost.
very low threshold for IRS Discrimination test because so many employees are at or near minimum wage. Employees earning over $100K or so are capped at 5% of annual pay
match 3%, annual match instead of per paycheck or quarterly.
Its same as all other companies have
3% match after 1 year
One of the worst I have seen.
Good company match, they let you rollover new plan and if you leave you can take it with you
I found that the 401k and company match met the needs of my income level.