Lithia Motors Employee Benefit: 401K Plan | Glassdoor

Lithia Motors 401K Plan

Updated May 02, 2018

38 employees reported this benefit

3.5
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Available to US-based employees (Change location)

Employee Comments

Showing 1–6 of 6
  • Jan 17, 2018
    StarStarStarStarStar Former Manager in Medford, Oregon

    Retirement matching was determined after the end of the year based on Lithia performance. Also the matching was applied only one time after the year ended so if you were employed for all year and left toward the end of December, you did receive any match. The benefit plan is very vague about the amount of the match but it seemed to be less than they typical 3-5% that other employers will match.

  • Mar 16, 2017
    StarStarStarStarStar Former Service in San Francisco, California

    The best I've seen. Profit sharing 401k.

  • Oct 03, 2016
    StarStarStarStarStar Former Sales Representative in Twin Falls, Idaho

    Company matched, you're allowed to pick your own investments. Program had a pretty good overhaul a couple of years ago, it was a drastic improvement on the previous programs.

  • Mar 05, 2015
    StarStarStarStarStar Former SERVICE ADVISOR in Bryan, Texas

    It's average as long as the company stocks are doing good.

  • Nov 25, 2014
    StarStarStarStarStar Current sales in Bryan, Texas

    pay into four o 1 k plan each month if choose to.

  • Sep 22, 2014
    StarStarStarStarStar Former Employee in Billings, Montana

    You don't know if you will get a match until the end of the year. It's a wild card. At least you can contribute on your own.

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