68 employees reported this benefit
Contribution matching up to 6%
doesn't start until 6 months in
Good match I believe 4%
Great overall 401 k Plan.
They match 3% for every 6% you put in
Magna makes a significant contribution in terms of 401k matching. I am currently investing the minimum amount to collect the maximum employer contribution and I will be ready for retirement at age 51.
Not enough choices but there are targeted plans and no requirements to take company stock. The choices do allow diversification and adaptable levels of risk - they just aren't top performers.
50% match on first 6%
standard matching for 401k. gives you a little control on how much to pay
The 401 K plan was great no issues