683 employees reported this benefit
GE offers a 401(k).
Employer Verified Available to US-based employees (Change location)
Company match program as good as I've seen in any large company
They changed the funding to year end match. This robs employees of compounding interest for the year and also if they fire you, or you quit the company before year end, you loose the match. Employees were very disappointed with this change.
Nothing special typical from all employers
Company matching was not the greatest.
Matches you dollar for dollar on the first 6% , then fifty cents on the dollar for the 7th and 8th %. So if you contributed 8% they'd contribute 7%. Site permanently closed due to Covid. Damn I'll miss my friends. Loved it there
Good match but doesn't make up for loss of pension
Company will match 50% of your contributions up to a total of 4% company contributions. Company also gives you an additional 3% at the end of the year if you still work there.
Good options to manage 401 k investments with fidelity
Excellent matching of employee contributions
They changed it in the middle due to financial issues.