Covidien Employee Benefit: 401K Plan | Glassdoor

Covidien 401K Plan

Updated Oct 20, 2015

69 employees reported this benefit

3.9
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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 21
  • Sep 18, 2016
    StarStarStarStarStar Former Alternate channel specialist in New Haven, Connecticut

    Very standard 401(k) plan.

  • Jul 29, 2016
    StarStarStarStarStar Current Employee in Boulder, Colorado

    loss of percentage on matching and now dependent on company performance

  • Jun 09, 2016
    StarStarStarStarStar Current Team Leader in North Haven, Connecticut

    The 401K plan is okay.

  • Mar 20, 2016
    StarStarStarStarStar Former Regional Manager in New Haven, Connecticut

    Very well managed plan with great options.

  • Dec 09, 2015
    StarStarStarStarStar Former Employee in North Haven, Connecticut

    Good options for their 401k program

  • Dec 01, 2015
    StarStarStarStarStar Former Systems Analyst I in Denver, Colorado

    The company match of full 6% is generous for the industry but the lack of choice for how the money is managed is a negative.

  • Nov 05, 2015
    StarStarStarStarStar Former Employee in North Haven, Connecticut

    the company match whatever you put in

  • Sep 07, 2015
    StarStarStarStarStar Former Employee in Crystal Lake, Illinois

    pretty standard, automatic contribution then matching contributions up to a maximum percent. Decent choice of funds, although they could have provided more indexed funds to keep costs lower

  • Aug 25, 2015
    StarStarStarStarStar Current Employee in Boulder, Colorado

    it is an awesome match prgam

  • Aug 19, 2015
    StarStarStarStarStar Former Employee in Irvine, California

    probably similar as many big companies, but not sure without details


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