183 employees reported this benefit
Eaton offers a 401(k) plan to eligible employees.
This information about the 401K Plan benefit at Eaton is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Eaton. The description here may not reflect the current Eaton 401K Plan benefit.
good 401k plan for the position
above average as it matches 3% of employee's 6% and an additional 4% contribution regardless of employee contribution
It was carefully managed by a good company.
Company offers a match to their employees
The 401k was "turned off" due to lesser profitability than expected.
A matching plan, but they sometimes cut it when it's "too expensive".
401k matching and yearly gains only vested at end of year. Matching rate reduced in 2017.
Great matching and saving plan for retirement.
The 401k plan was on par with peers in availability, investment options and company match
100% match for up to 3% of the salary, then 50% match for up to 5% of the salary