MathWorks Employee Benefit: 401K Plan | Glassdoor

MathWorks 401K Plan

Updated Apr 11, 2018

95 employees reported this benefit

4.2
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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 17
  • Jun 13, 2018
    StarStarStarStarStarEmployee

    None of the review so far mention... there's a vesting period for the match portion of your 401k. + 25% a year over four years. In other words, only after 4 years does all of the match portion become yours. (not a gripe, just fyi)

  • May 08, 2018
    StarStarStarStarStar Current Employee in Natick, Massachusetts

    End of year match is outstanding

  • Apr 26, 2018
    StarStarStarStarStar Current Quality Engineer in Natick, Massachusetts

    They don't provide 6% match all the time. Company matches first 3% but 6% match depends on it's performance.

  • Dec 06, 2017
    StarStarStarStarStar Current Employee in Natick, Massachusetts

    If the MathWorks has a good year they will double whatever match they are making to your 401K contributions up to a certain amount.

  • Oct 10, 2017
    StarStarStarStarStar Current Employee in Natick, Massachusetts

    it offers 6 percent match

  • Oct 04, 2017
    StarStarStarStarStar Current Employee in Natick, Massachusetts

    Generous match, 1st day eligibility to participate!

  • Jul 19, 2017
    StarStarStarStarStar Current Principal Software Engineer in Natick, Massachusetts

    Good match, investment options limited, 3% additional match not spread out throughout the year so more susceptible to market volatility.

  • Jul 14, 2017
    StarStarStarStarStar Current Product Marketing Manager in Natick, Massachusetts

    Poor matching. only 50% of the first 6% if of your salary

  • Jul 05, 2017
    StarStarStarStarStarEmployee

    401k funds are good. Company matches and many years doubles the match

  • Nov 02, 2016
    StarStarStarStarStar Current Employee in Natick, Massachusetts

    3% of salary match guaranteed, usually an additional 3% if profits are good.


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