201 employees reported this benefit
No matching. Really difficult to get signed up for it once you're eligible. Really lame set of investment options as well.
The 401K plans will be eligible only after completing 1 year at HCL. You can opt up to 5% max.
good as it has a good match of the employer contribution also
So far, it's been a steady growth.
starts after 1 year of employment
To get one at all was nice. The plan did not perform well while I worked at HCL, even though the overall market was excellent.
They start it only after oneyear
It is great to be able to contribute to 401K plans and even more rewarding that the company match a portion of this contribution.
1 Year Wait period, but Employee match is Decent and Fully Vested Immediately
The 401K options are ok, but you won't get any matching of money you put in until you have been at HCL for at least a year, which is a huge down side.