85 employees reported this benefit
The 401(k) plan is designed to encourage employees to save and invest a portion of their income to meet their long term financial needs. Electric Boat will match a percentage of an employee's contribution. Participating employees may choose to have their contribution invested in a variety of investment options. Electric Boat has paired with Fidelity to offer employees expert financial planning services to help maximize their return on investment.
Electric Boat matches 1 to 1 up to 6% and and 1 to 2 for the next 2%
Good matching given by the company.
Matches up to 6% which is generous
Dollar for dollar matching for up to 6% of your salary
The 401K plan is adequate. I don't think I can stretch the word "adequate" into a 20-word-minimum explanation and still be truthful.
Good 401k Plan company matches
6% match through fidelity
401k match is very competitive at 6%
6% matching, decent stock options
January 1st, 2018 is when the company will finally match 6%. They currently match 4% dollar for dollar and then match 5% and 6% at 50 cents per dollar. Works out to a match of 5% per 6% that you put in.