276 employees reported this benefit
Employees of Johnson Controls have the opportunity to enroll in a 401(k) retirement plan.
This information about the 401K Plan benefit at Johnson Controls is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Johnson Controls. The description here may not reflect the current Johnson Controls 401K Plan benefit.
Comparable to companies in the industry.
Full company match at 4% 50% match at up to 6%
Matching benefit at 5%
4% 1:1 6% 1:. 0.5
This program works in growing funds if you contribute.
Matching rate is variable based on company performance. Newer employees get their pension in the form of 401k contributions based on tenure.
5 years to fully vest. Guaranteed minimum match, but never makes it to a 1:1 match.
up to 6% matching 401k
They offer up to a 5% match. However, they only annually deposit the match in March/April. If you leave in the middle of the year you do not receive the match.
Company 401k match contribution is not with each paycheck. It is withheld for the year and paid in a lump sum around March of the following year.