27 employees reported this benefit
IB contributes to their employee's 401k.
6 year vested period, long time waiting
The 401k plan is on a 6 year vesting schedule. Starting at 2 years of employment you only keep 20% of their matching. Only after 6 years of employment you keep everything they matched in the past and going forward. After I learned that there was a vesting scale I stopped contributing because I knew I was leaving.
Match could be better. Overall good.
They match part of what you put in, which is great!
Not good at all since it is a family owned business they are more concerned about their bottom dollar.