75 employees reported this benefit
Hyland offers a 401(k) retirement savings plan to employees.
Employer Verified Available to US-based employees (Change location)
Average for a tech company
Hyland has a good matching program
50% match up to 6%
Company match is great, flexible options
Covered most of my usage. Not sure whether it is a good one or bad one.
401k is provided by Vanguard which has low fees and great options. Hyland matches 50% of the first 6% of your salary contributed.
Easy to start and contribute to
Since it switched investment companies the fees are milking the saving of the employees, My 401k is a lot less then it was 2 years ago.
New 401k Plan in 2016 that caused them to change 401k providers. Many employees lost a lot of money. Those in charge of the plan at Hyland are retiring within a few years and are maximizing 401k returns in their best interest for retirement. Younger employees that pay into the plan will suffer long term losses under the new plan provider and investments.
A nice diverse package to choos from.