176 employees reported this benefit
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.
good plan, very much satisfactory
You put in 8% they put in another 5%.
HCL had a standard 401K plan with some matching funds. I saved a good bit of mony while I was working with them.
Waiting one year for employer contributions seems like a mean towards discouraging participation