48 employees reported this benefit
decent 401k plan is offered
Best thing is that it is offered. Worst thing was low matching.
Great match and fund selection
the matching % is great!
You can put in up to 15% of your salary and they match 40% of that. It sticks and is yours after 3 years.
The company has historically matched employee annual contributions by a discretionary 25-40% (based on a maximum of 15% of compensation). I have received ~30% contribution from ERM on my yearly 401k. You are solely vested after 3 years of continuous employment with ERM.
Fairly generous company matching amount
Matching is optional but I never had a year the company match was not applied.
Company does matching once a year and Vanguard has numerous plans and assistance programs.
typical match has been 40% for every dollar up to 15%, so you have to save 15% to get full benefit, rather than just matching the first 6% at 100%