170 employees reported this benefit
Average benefit comparing to all other companies
there is a company match for employee contributions
Globalfoundries match up to 6% of the 401k. Remaining depends on individual’s contribution.
401k match is ok not bad...just as other comany....nothing to say
4.5% match to employee 6% contribution
Decent 401k company match with a few options for investments, but it won't direct include your bonus into company match unless u have to select in the plan specifically
match first 3% of salary 100%, next 3% @50%
They need to switch from Prudential to Vanguard and make sure they offer a Roth 401(k) option through Vanguard along with tons of investment choices for low cost index funds. Prudential could get a better deal for their employees for 401(k) plans through Vanguard rather than through Prudential. Vanguard has lower 401(k) administrative costs which will not eat into the returns of their employees saving for retirement.
The usual: 3 to 4.5% match is not uncommon.
Employer contributions as well, but fairly limited investment choices