Liberty Mutual Insurance Employee Benefit: 401K Plan | Glassdoor

Liberty Mutual Insurance 401K Plan

Updated Jan 14, 2016

371 employees reported this benefit

3.9
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Employer Summary

To help you prepare for your financial future, Liberty offers you two ways to build retirement income. Our pension plan provides a financial benefit in retirement that is non-contributory and company-paid. In addition to our pension plan, you can participate in our 401(k) savings plan. The plan offers a guaranteed company match of 3% on your 6% of pay contributions, and the opportunity for an additional match, based on company performance, with a maximum match opportunity of 6% on your 6% of pay contributions.


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Employee Comments

Showing 1–10 of 101
  • May 03, 2018
    StarStarStarStarStar Former Employee in Portsmouth, New Hampshire

    It was ok, but could be better. 2 years vesting

  • Apr 17, 2018
    StarStarStarStarStar Former ACT Inbound Sales Rep in Chandler, Arizona

    Made easy to understand and maintain.

  • Mar 08, 2018
    StarStarStarStarStar Current Employee in Dover, New Hampshire

    Has been declining, down to 4% match at this point.

  • Feb 06, 2018
    StarStarStarStarStar Former Employee in Boston, Massachusetts

    Standard 401(K) options. Low company match meant I was less inclined to contribute more at a time when I'd rather the cash in my bank account.

  • Feb 01, 2018
    StarStarStarStarStar Former Senior Claims Adjuster in Rocklin, California

    They match 8 or 9 percent which is more Than they used to at 6%

  • Jan 04, 2018
    StarStarStarStarStarEmployee

    Compang matches at 50% for up to 6% of salary contribution

  • Dec 09, 2017
    StarStarStarStarStar Current Software Developer in Seattle, Washington State

    The 401k plan is low-cost, but the match is low and it doesn't have a wide variety of options.

  • Nov 07, 2017
    StarStarStarStarStar Former Sales Representative in Exton, Pennsylvania

    good match and contribution assistance

  • Sep 12, 2017
    StarStarStarStarStar Current Employee in Boston, Massachusetts

    you get 3% if you invest 6%, may go up to 6% if company performs well.

  • Aug 31, 2017
    StarStarStarStarStar Former IT Manager, Production Support in Seattle, Washington State

    Excellent 401k plan, and matching program.


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