John Deere Employee Benefit: 401K Plan | Glassdoor

John Deere 401K Plan

Updated Nov 20, 2014

110 employees reported this benefit

4.4
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Employer Summary

John Deere employees are immediately eligible for a 401(k) savings plan.


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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 45
  • Jun 03, 2019
    StarStarStarStarStar Current Employee in Moline, Illinois

    Great match to the contribution

  • Apr 24, 2019
    StarStarStarStarStar Current Employee in Moline, Illinois

    They match up to 6%

  • Feb 15, 2019
    StarStarStarStarStar Former Employee in Cedar Falls, Iowa

    They have a wonderful 401K plan

  • Dec 14, 2018
    StarStarStarStarStarEmployee

    Fidelity Brokerage Link; generous match on first 6%

  • Sep 25, 2018
    StarStarStarStarStar Current Product Engineering Intern in Waterloo, Iowa

    They over match which is unheard. I think this is one of the best benefits that the company has to offer. If you offer 6% they match 10%

  • Sep 03, 2018
    StarStarStarStarStarEmployee

    The company has a two tier match. You get an estimated 3X on the first 2% (deferred) and then an estimated 1X on the next 4% (deferred). All in all, it's close to a 10% match. That's 10% free money given to you. All you have to do is contribute a minimum of 6% of your salary. If you're the type of employee that likes to max-out 401Ks then this is one of the best (as far as I know) in the industry.

  • Jul 17, 2018
    StarStarStarStarStar Current Business Analyst in Moline, Illinois

    We get pension but it isn't as glamorous as it used to be.

  • May 08, 2018
    StarStarStarStarStar Current Supply Base Manager in Moline, Illinois

    John Deere has a matching program which is very generous. The plan is managed through Fidelity and is run very well.

  • May 01, 2018
    StarStarStarStarStar Current Employee in Dubuque, Iowa

    I think its like 300% on the first 2% and 100% on the 4% or something like that

  • Mar 31, 2018
    StarStarStarStarStar Current Project Manager in Cedar Falls, Iowa

    John Deere matches up to a certain percent which is nice. When you are a new employee you just sign up for random stocks and options without any knowledge unless you've had previous exposure. I immediately sought out a good financial advisor.


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