General Dynamics Electric Boat Employee Benefit: 401K Plan | Glassdoor

General Dynamics Electric Boat 401K Plan

Updated Aug 16, 2017

85 employees reported this benefit

3.8
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Employer Summary

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.


Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 32
  • Feb 17, 2019
    StarStarStarStarStar Current Employee in New London, Connecticut

    Electric Boat matches 1 to 1 up to 6% and and 1 to 2 for the next 2%

  • Dec 05, 2018
    StarStarStarStarStar Former Senior Software Engineer in Groton, Connecticut

    Good matching given by the company.

  • Aug 01, 2018
    StarStarStarStarStar Current Employee in New London, Connecticut

    Matches up to 6% which is generous

  • Apr 15, 2018
    StarStarStarStarStar Current Employee in New London, Connecticut

    Dollar for dollar matching for up to 6% of your salary

  • Feb 11, 2018
    StarStarStarStarStar Current Employee in New London, Connecticut

    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.

  • Jan 15, 2018
    StarStarStarStarStar Current Employee in North Kingstown, Rhode Island

    Good 401k Plan company matches

  • Nov 18, 2017
    StarStarStarStarStar Current Employee in Groton, Connecticut

    6% match through fidelity

  • Oct 03, 2017
    StarStarStarStarStar Current Employee in New London, Connecticut

    401k match is very competitive at 6%

  • Sep 29, 2017
    StarStarStarStarStar Current Systems Engineer in New London, Connecticut

    6% matching, decent stock options

  • Jul 14, 2017
    StarStarStarStarStar Current Engineer II in Groton, Connecticut

    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.


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