22 employees reported this benefit
Vested from day-one. Their contributions are the same as anywhere else. Nothing special.
The options for investment within the 401K were good. Matching for the last 1% was only if you committed to 6%. They contribute 5% if you contribute 6% not 1 for 1.
Matching is what I would expect. There is a cap on what you can put into a 401K each year anyway so ultimately its on you to save for retirement beyond a work sponsored 401K.
Good with employee matching but needs training or assistance to help employees understand choices
401k is fully vested in 6 months. They match 100% for your first 3% and then 50% for your next 2% (matching up to 5%).
The 401K plan was managed by Mercer and was nice. The company matches up to a percentage of your contributions at a certain dollar amount.