413 employees reported this benefit
Only 2.5% matching. Not really a point to highlight when attracting new blood.
The matching policy is not very competitive with other firms as they will only match 1% of your annual income up to 5,000 dollars. this isn't very much especially compared to financial services firms in the boston area
Based on my experience, the 401K plan is well managed. Once you are vested, the plan stays with you even past employment.
Merrill Lynch Plan, but 5% for 2.5% matching
Offer the average 401K contribution
They match a certain percentage once fully vested
Firm contribution is not enough
They only provide some matching contribution, but its probably equal to other employer matching rates.
They match up to a certain percentage
It was decent. It started out as matching contribution, but that ended. They have pension plan that was pretty good.