GEICO Employee Benefit: 401K Plan | Glassdoor

GEICO 401K Plan

Updated Sep 11, 2014

491 employees reported this benefit


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 84
  • Mar 19, 2019
    StarStarStarStarStar Current PIp Adjuster in Lakeland, Florida

    This is good. Typical.

  • Feb 22, 2019
    StarStarStarStarStar Former Customer Service Representative in San Diego, California

    i think it's good?

  • Feb 06, 2019
    StarStarStarStarStar Current Customer Service Supervisor in Richardson, Texas

    I don't know much about the 401K Plan other than its offered to all employees.

  • Jan 22, 2019
    StarStarStarStarStar Former Employee in Macon, Georgia

    It's just ok, very basic.

  • Jan 10, 2019
    StarStarStarStarStar Current Auto Damage Field Adjuster in Houston, Texas

    401k with GEICO is base on your yearly profit sharing. every year it can vary.

  • Jan 09, 2019
    StarStarStarStarStar Current Employee in Macon, Georgia

    Geico matches your 401K and you can take loans out of it with Vanguard if you wish, they will just take a small amount out of your paycheck each month to pay it back.

  • Oct 12, 2018
    StarStarStarStarStar Former Insurance Agent in Virginia Beach, Virginia

    Excellent plan that allows you to contribute more each year or keep same. YOUR choice.

  • Oct 11, 2018
    StarStarStarStarStar Current Software Engineer in Chevy Chase, Maryland

    Regular 401 k and berkshire Hathaway b stocks

  • Oct 03, 2018
    StarStarStarStarStar Former Employee in Woodbury, New York State

    decent 401 plan; the usual

  • Oct 02, 2018
    StarStarStarStarStar Current Telephone Claims Adjuster in Katy, Texas

    It increases on its own to make sure you can retire with a set goal.

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