289 employees reported this benefit
Gap offers a 401(k) plan for eligible employees with a match up to 4% of an employee's pay.
This information about the 401K Plan benefit at Gap is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Gap. The description here may not reflect the current Gap 401K Plan benefit.
GapShare 401K is offered to all full-time employees at the time of being hired, and to all part time employees over 21 and after they have completed 1000 hours of service or more. The 401K plan is offered through T. Rowe Price. Gap will match employee contributions dollar for dollar up to 4% of the employee's eligible pay. All employee and employer investments are 100% vested.
The gap would match what ever percent you chose to come out of your paycheck up to 11%
Employer matching. Ability to choose plans
Matches up to 4 percent
Very easy to change based on circumstances
They let you borrow from your 401k after having one for a year they even give you all your money for it...sorry if you had to close it out I understand that feeling...life's hard on the young ones...thx presidents!!!
The 4% match is nice - I throw in 4% and they match it so that I'm saving 8% without even really trying.
This is a standard 401K similar to most other large companies, it's only open to full time employees who have been with the company over 2 years.
Good match percent employee should participate
I was enrolled and they do have a good match program