87 employees reported this benefit
MITRE has a retirement plan for employees with pre-tax or after-tax contributions and company matching.
This information about the Retirement Plan benefit at MITRE is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of MITRE. The description here may not reflect the current MITRE Retirement Plan benefit.
I was happy with the retirement plan. They help you decide what plan is best for you.
Although not a 401K, the 403 plan is very generous with levels of MITRE match.
very good matching and very very complicated to understand
Best, because of the 401A matching given to certain government institutions and non profits.
Very generous matching program. If you contribute the full amount, you will build a very nice little nest egg!
Good match - used to be 12% now is only 10%
Company matches a lot of your savings.
They have a good matching plan for their 401k, but they have cut back some in the last few years. MITRE employees are also in a weird position because they often make less than their for-profit contractor and government counterparts -- meaning their salary is not as high to save into the 401k and their government counterparts often make more and have a pension. So, depending on your age and previous employment circumstance it makes more sense to not work at MITRE.
2% investment earns 7.5% additional from the company, totaling 9.5% yearly.
good matching policy, so invest