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GEICO 401K Plan

608 employees reported this benefit

Updated Sep 11, 2014
3.9
103 Ratings

Employer Summary

Traditional and Roth 401(k) Plans

  • There is no waiting period to enroll.
  • You are auto-enrolled to make a 3% pre-tax contribution into the plan.
  • You can make pre-tax and/or post-tax contributions.
  • We offer over 20 investment options through Vanguard.
  • Because we're a Berkshire Hathaway subsidiary, associates can elect to invest in class B Berkshire stock (NYSE: BRKb).
  • You can manage your accounts quickly and easily through the Vanguard Web site.

Employer Verified Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 103
Mar 15, 2021
2.0
Former Employee

No matching for 401 k

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Mar 9, 2021
5.0
Current Technical Supervisor IV in Lakeland, FL, Florida

It's pretty great as long as GEICO hits 10% or higher for its profit sharing number. Those first 10 points go straight to your 401(k) without you having to contribute anything.

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Feb 16, 2021
5.0
Former Licensed Insurance Agent in Lenexa, KS, Kansas

Awesome retirement plan! They match, too!

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Feb 15, 2021
4.0
Current ad in Newark, NJ, New Jersey

Only get in a once time payout at the end of the year must be employed all year

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Feb 13, 2021
5.0
Current Employee

We also get profit sharing each year which helps my 401k grow

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Feb 11, 2021
4.0
Former Employee

Match upto 6% is a good benefit

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Nov 18, 2020
4.0
Current Insurance Agent in Indianapolis, IN, Indiana

Lots of options and low fees with Vanguard

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Nov 5, 2020
5.0
Current Corporate Branding Specialist in Chevy Chase, MD, Maryland

401K provides lots of options for how much you'd like to contribute towards. Also a portion of the profit sharing bonus go towards it, which helps the increase of it substantially.

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Oct 16, 2020
5.0
Current Customer Service Representative in Virginia Beach, VA, Virginia

GEICO does not match but they have incentives which allow you customize a 401K that matches your needs.

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Sep 29, 2020
3.0
Current Employee

There is not match

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Viewing 1 - 10 of 103 Reviews