17 employees reported this benefit
401k with match up to 5% after 6 years.
Its average at 100% match up to 5% of salary.
Company match doesn't begin until a full year of service! Extremely few fund options, and most of them return VERY poorly (less than 2% annually). Retirement website is awkward. Company match is equal up to 3% then half until you get to 7%, so if you contribute 7%, they contribute 5%. You can put up to 100% of your profit sharing into your 401k, BUT the company match for that isn't fully vested for a full seven years! Cannot transfer 401k funds to an outside account while in service.
Between matching and Profit sharing contribution, the plan is geared to help you save 15% towards retirement.