72 employees reported this benefit
Gensler provides traditional a 401(k) plan.
We do not have to pay the fees for this plan.
According to my knowledge the provide best in market 401k plan
Gensler offers a 401K plan that they manage and pay all fees. Gensler does not contribute any money because the provide a generous ESOP and profit sharing program that they fund fully.
This is one of their better benefits. Gensler contributes to your plan and after you are there 5 years, you are totally vested. That definitely is a plus.
They don't offer a great matching program because of their ESOP and Profit sharing Programs, but they offer 401K plan options.
Gensler does not match 401k because significant employer contributions are made to our Profits Sharing and ESOP.
Lots of options. Firm could contribute to this but they ESOP and stock ownership, together, is almost a match.
There is no matching 401k but there is profit sharing and esop.
great for saving and starting early
Gensler pays all the administrative fees (which usually can be 2% to 3%) but doesn't provide a match. Instead, there is an EOSP (stock), Profit sharing and Bonuses paid 2x a year. This is great if you stay longer than 5 years, can be incredible if you make a career with the firm. ESOP takes 5 years to be fully vested, if you leave before then payout is prorated to 20% for each year completed.