GLOBALFOUNDRIES Employee Benefit: 401K Plan | Glassdoor

GLOBALFOUNDRIES 401K Plan

170 employees reported this benefit

3.6
StarStarStarStarStar
This benefit does not have a summary yet. Work here in HR?   Add a summary

Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 59
  • Mar 14, 2019
    StarStarStarStarStar Current Employee in Malta, New York State

    Average benefit comparing to all other companies

  • Jan 29, 2019
    StarStarStarStarStar Former Employee in Malta, New York State

    there is a company match for employee contributions

  • Dec 17, 2018
    StarStarStarStarStar Current Employee in Malta, New York State

    Globalfoundries match up to 6% of the 401k. Remaining depends on individual’s contribution.

  • Oct 20, 2018
    StarStarStarStarStar Current Employee in Malta, New York State

    401k match is ok not bad...just as other comany....nothing to say

  • Sep 25, 2018
    StarStarStarStarStar Former Project Manager in Ballston Spa, New York State

    4.5% match to employee 6% contribution

  • Sep 19, 2018
    StarStarStarStarStar Current Process Engineer in Malta, New York State

    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

  • Sep 18, 2018
    StarStarStarStarStar Former SMTS Process Engineer in Malta, New York State

    match first 3% of salary 100%, next 3% @50%

  • Sep 09, 2018
    StarStarStarStarStar Former Machine Operator in Essex Junction, Vermont

    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.

  • Sep 01, 2018
    StarStarStarStarStar Current Employee in Durham, North Carolina

    The usual: 3 to 4.5% match is not uncommon.

  • Aug 29, 2018
    StarStarStarStarStar Former Employee in East Fishkill, New York State

    Employer contributions as well, but fairly limited investment choices


Work at GLOBALFOUNDRIES? Share Your Experiences

GLOBALFOUNDRIES
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or