28 employees reported this benefit
Many excellent choices for investments and access to a certified Financial Planner with Fidelity Investments.
Epitec matches anything over 6%
The 401(k) Savings Retirement Plan is administered through ADP Retirement Services. Epitec matches 25% per dollar of employee contribution up to the first 6% of your gross wages. You can elect from Fidelity investments and investment models. We also offer a Roth IRA deferral option (post tax). Eligibility and participation will be effective on the first day of the month following your hire date. For example, if you are hired on August 17th, your eligibility date would be September 1st.
Employer contribution = 25% of 6% of your salary [with a vested clause of 2 Years period] So, highest company matching amount will be =0.25*0.06*SAL from first month itself...but to get that matched part, you have to spend 2 Years (so if you spend say 5 years in Epitec, you will get matched part of 3 years..most probably).
Only receive 25% of your match after 2 years. Merrill Lynch is the provider.
Good investment option. Company contribute some money towards 401K