Lord Abbett & Co. Employee Benefit: 401K Plan | Glassdoor

Lord Abbett & Co. 401K Plan

25 employees reported this benefit

3.6
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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 10
  • Dec 13, 2018
    StarStarStarStarStar Current Quantitative Analyst in Jersey City, New Jersey

    The plan has many options, and it allows you to invest in a low-fee version of the Lord Abbett funds.

  • Jul 30, 2018
    StarStarStarStarStar Current Portfolio Manager in Jersey City, New Jersey

    They have a terrific matching program and profit sharing.

  • Feb 23, 2018
    StarStarStarStarStar Current Data Analyst in Jersey City, New Jersey

    They match for every dollar you pay.

  • Jul 22, 2017
    StarStarStarStarStar Former Employee in Jersey City, New Jersey

    the best thing about it is they provide a decent match - the worst is you were only allowed to invest in Lord Abbett funds for the past 10-20 years (seems like a conflict of interest) & Merrill Lynch makes everything very difficult when you leave the firm

  • Jun 09, 2017
    StarStarStarStarStar Former Employee in Jersey City, New Jersey

    They offer a maximum of 3% to match salary 401(k) deduction which is very generous in this day and age. Very few companies match your salary deductions to invest in you.

  • Mar 27, 2017
    StarStarStarStarStar Former Employee in Jersey City, New Jersey

    It is quite generous but still way short of industry standard

  • Feb 14, 2017
    StarStarStarStarStar Former Manager in Jersey City, New Jersey

    Good plans, employer matching, more options to invest in all mutual funds with out any fee.

  • May 11, 2016
    StarStarStarStarStar Former Regional Consultant in Jersey City, New Jersey

    You could only purchase Lord Abbett funds.

  • Nov 09, 2015
    StarStarStarStarStar Former Senior Associate in Jersey City, New Jersey

    Great 401k especially when you stay there for 2 years and become vested.

  • Oct 02, 2014
    StarStarStarStarStar Current Employee in Jersey City, New Jersey

    at par with peers, golden days are over

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