44 employees reported this benefit
The 401k retirement plan at Loyola university Chicago is comparable to other local peer universities. It is a way that they invest in you.
First started there had TIAA-CREF. Later changed to TransAmerica. Preferred the prior plan which was less corporate in nature.
Good matching, flexible options for this.
Company gives 5% and matches up to 5% (I think...)
403 B is what is offered and they do not do a good job explaining it during orientation
Company automatically pays 5% into employee retirement and matches up to 5%.