111 employees reported this benefit
The MIT Supplemental 401(k) Plan (referred to as the 401(k) Plan) helps eligible employees save and invest for retirement while receiving certain tax advantages. MIT will match up to 5% of your pay in contributions to the 401(k) Plan.
You choose how your contributions — and MIT's matching contributions — are invested. Administrative and recordkeeping services for the 401(k) Plan are provided by Fidelity Investments.
Effective January 1, 2017, you have the option to save in the 401(k) Plan with Roth post-tax contributions.
Learn more: http://hrweb.mit.edu/benefits/401k.
Yes, there is a 401K Plan. It was not included in my position since I was an intern. A full time position can expect a 401K Plan.
5% match is great. good flexibility in investment options. also a pension plan available
5% matching with Fidelity.
MIT has a matching program.
they match up to 5% and are good at investing :)
100% match up to 5% of salary
5% matching is good. Easy to access online through Fidelity.
The 5% matching is pretty nice when you consider that is in addition to the pension plan.
Good match to what you put in
good as other companies, we can submit 5%