60 employees reported this benefit
We offer eligible employees a tax-deferred 401(k) retirement plan, which includes a company match and service-based contribution, to help provide financial stability in retirement. The 401(k) plan includes options for employees to make pre-tax, after-tax and Roth contributions. Eligible employees receive a matching employer contribution dollar for dollar up to 6% of compensation with an additional amount between 3.5% to 5.5%% based on years of service at the Laboratory. All contributions are fully vested immediately. Employees can also rollover funds into the 401(k) plan from other employer plans as well as from personal IRAs. The plan offers a broad range of core investment funds and also provides access to an extensive range of investment fund options accessible by utilizing a brokerage link option.
Great match and additional added
401k match at 6 percent with Fidelity. Good match compared to other companies in the area
The 6% match is the best part.
They matched what you put in at a high rate
6% employer match, plus an additional percentage as a service contribution. You have the option to choose pre- or post-tax.
the lawrence livermore national lab pays 3.5% if you do not put any in 401k. And it matches up to 6% of your salary.
100% match up to 6% and a 3.5% contribution on top of that. Increases to 4.5% and 5.5% after 10 and 20 years.
The matching percentage is good.
The lab uses Fidelity. The options and costs are good, and the matching is pretty amazing.
LLNL has an excellent 401(k) plan, with a generous program of employer-matching of employee contributions from Day 1.