75 employees reported this benefit
Duke Energy offers employer-matched 401(k) plans for employees.
Good choices of options - from company stock to 20+ mutual funds
Best is the 6% company matched contributon
10% match if you got in after pension was ended
There was no 401 K plan. I was a contractor and it was not offered to me.
Very good401K benefits for your family.
They do the minimum like most companies
6% match which is pretty high
Tough to beat the match
Fidelity offers several choices for investments
6% Match dollar for dollar that vests after 3 years. Because no pension is offered anymore, a 4% base is added regardless of match, so if the employee contributes 6% and Duke pays 10%. If the employee pays nothing, Duke still pays 4%.