1141 employees reported this benefit
JPMorgan Chase offers a 401(k) savings Plan.
This information about the 401K Plan benefit at J.P. Morgan is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of J.P. Morgan. The description here may not reflect the current J.P. Morgan 401K Plan benefit.
Pay level based on if you recieved some of the bonus payouts, lower level staff recieved some of the items non exempt didn't
Excellent 401k plan with matching.
up to a 5% match
High match, ~5% of paycheck pre-tax.
Decent assortment of plans, though could use more low cost options. Annual 5% match (salary and IC) is technically discretionary but has been paid without fail for years.
The company has a 5% match
I put in, they matched, what else could you ask for? I think they went as far as 5%, not sure.
Worst - given JPM is itself a retirement plan provider, the experience for employees trying to understand investment options and do research to determine which funds to choose and what % to allocate is very poor.
401 plan is pretty good , very similira to most companies
401(k) plan has changed providers multiple times but is overall OK. There is a three year waiting period for the matching contributions to be vested.