ERRG Employee Benefit: 401K Plan | Glassdoor

ERRG 401K Plan

Updated Apr 30, 2015

4 employees reported this benefit

2.7
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Available to US-based employees (Change location)

Employee Comments

Showing 1–3 of 3
  • Aug 29, 2017
    StarStarStarStarStar Former Employee in Martinez, California

    No employer match, but allows one to contribute the maximum amount allowed by law.

  • Nov 17, 2016
    StarStarStarStarStar Current Employee in Martinez, California

    Company does not match contributions

    ERRG Response

    Thank you for your feedback. We understand the importance of saving for retirement and have established an employer-sponsored 401(k) plan through Fidelity to allow individuals to set aside income (both pre- and post-tax dollars) for future retirement. While we don’t currently match employee contributions, investing in a 401(k) is still a great option for our employees. Given a finite profit pool for distribution, salary increases as well as bonuses have been elected instead of matching contributions. By doing so, we provide more financial options to our staff. Those with more immediate financial needs can be better served and those that have the ability to set-aside for their future retirement, can invest in other avenues, such as IRAs or personal investments that can yield higher returns. Of course, we are always evaluating our options and will consider matching contributions in the future.

  • Sep 11, 2014
    StarStarStarStarStar Current Employee in Martinez, California

    Best - It is offered Worst - No matching.

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