59 employees reported this benefit
Pretty good matching plan. I have seen better.
Useless Plan and matches 1% max.
partly matching with employees contribution
Only activates after 1 year of service.
good that they have this option
Excellent 401 K policy offered by the company
It's competitive with sound investment options. I've been able to save significant amounts of money due to competitive matching.
I am not sure how IGATE is doing compared to other organizations about 401K, in my feel IGATE 401K is just like a recurring deposit, you should think about employer contribution, employer contribution is as low as 1%
IGATE will match 100% of the first 3% employee contribution to their 401(k) plan and 50% of the next 2% for a total of a 4% match for those who contribute at least 5% of their income. Vesting in the employer contribution assets is immediate.
Not sufficient on Employer match overall