GE Transportation Employee Benefit: 401K Plan | Glassdoor

GE Transportation 401K Plan

34 employees reported this benefit

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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 16
  • Sep 16, 2018
    StarStarStarStarStar Former Employee in Erie, Pennsylvania

    The company match was reasonable when I was there.

  • Sep 11, 2018
    StarStarStarStarStar Current QA Manager in Melbourne, Florida

    It is a standard plan

  • Sep 06, 2018
    StarStarStarStarStar Former Intern in Erie, Pennsylvania

    I am unsure as I was only an intern. I did not receive a benefits package. Although I hear that the benefits package for full time employees is good.

  • Mar 11, 2018
    StarStarStarStarStar Current Sysadmin in Jacksonville, Florida

    Gives you 3% off the bat (no contributions necessary), matches the next 3%, then matches the next 2% at 50%. So, you contribute 8%, and they throw in another 7%. Knocking a star off because they now HOLD ON to their part of the contributions the entire year, then invest it in December (they get all the interest that year).

  • Nov 03, 2017
    StarStarStarStarStar Former Employee in Erie, Pennsylvania

    company pay or contribute 7% if you put down 7% ... note 7% is match. if you put down more than 8% still company will contribute 7%

  • Sep 07, 2017
    StarStarStarStarStar Former Engineer/Technologist in Erie, Pennsylvania

    The match is a little better than average (half of your contribution from 4% to 8%).

  • Aug 02, 2017
    StarStarStarStarStar Former Employee in Las Vegas, Nevada

    company will match your contributions up to 8% of your pay. fidelity is the company they use for their retirement plan.

  • Dec 29, 2016
    StarStarStarStarStar Former machinist in Erie, Pennsylvania

    the four 0 one retirement package is on the average scale with all of the other employers who do not offer pensions

  • Dec 08, 2016
    StarStarStarStarStar Current Employee in Kansas City, Missouri

    New employees get 50% match on first 8% of contribution. This used to be 50% up to 7% (but those employees are pension eligible. Available options within the 401(k) are not great - have traditionally underperformed. Poor funds are periodically replaced. Some limitations for folks with salaries over $120k potentially capping contributions below IRS limits.

  • Sep 28, 2016
    StarStarStarStarStar Former Employee in Grand Island, Nebraska

    I think it is fine

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