86 employees reported this benefit
Illumina has a 401(k) savings plan for employees.
Moved from PTO to FTO
Company contribution should be higher
It is good to have a 401k plan with a large provider which offers both pre- and post- tax contributions, but company only matches 50% of 6% of contributions. This is higher than start ups but lower than the more established companies.
Great match! I have earned quite an amount already together with the matches.
401K match upto 6 percent
50% match for upto 6% of salary
Illumina offers contribution matching up to 6%
401k plan is competitive but not stellar.
Good 401k plan, corporate match could be higher.
401K is with Fidelity.....company match can be a little higher