IBM Employee Benefit: 401K Plan | Glassdoor

Employee Comments

Showing 11–20 of 678
  • Mar 02, 2019
    StarStarStarStarStar Former Managing Consultant in Charlotte, North Carolina

    starts after 1 year of service. they match up to 5%. plus an additional 1% contribution.

  • Feb 25, 2019
    StarStarStarStarStar Current Associate Director in New York, New York State

    IBM matches annually which is nice to have.

  • Feb 13, 2019
    StarStarStarStarStar Current Senior Software Development Engineer in Raleigh, North Carolina

    Good plan. For me I can easily hit the Federal maximums Supports catch-up payments Matches up to 6 % Broad selection of investments.

  • Feb 12, 2019
    StarStarStarStarStar Current Site Reliability Engineer in Oklahoma City, Oklahoma

    Maximum you can contribute is 10% and IBM matches 6 percent after you complete your one year employment. The second year contributions are credited only at the end of year and from 3rd year the contribution are through every paycheck.

  • Feb 07, 2019
    StarStarStarStarStar Former Employee in Boston, Massachusetts

    Its a solid package managed by Fidelity

  • Feb 06, 2019
    StarStarStarStarStar Current Business Transformation Consultant in Houston, Texas

    Great retirement plan and they match a percentage.

  • Feb 04, 2019
    StarStarStarStarStar Current Channel Account Manager in Schaumburg, Illinois

    Well managed and matched - as long as you work through December 31st of a benefit year.

  • Jan 27, 2019
    StarStarStarStarStar Current IT Spetialist in Dallas, Texas

    I do not participate on this, but I think it is $ to $ for the first 5%

  • Jan 22, 2019
    StarStarStarStarStar Current Employee in Armonk, New York State

    Decent company match except that it only gets applied at the end of the year and you lose it if you leave even 1 day before the end of year.

  • Jan 22, 2019
    StarStarStarStarStar Former Engineer in San Jose, California

    Provides good matches for 401k plan.

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