Mattress Firm Employee Benefit: 401K Plan | Glassdoor

Mattress Firm 401K Plan

Updated Jan 03, 2017

228 employees reported this benefit

3.7
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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 65
  • Jan 16, 2019
    StarStarStarStarStar Current Employee in Cleveland, Ohio

    Similar to most companies currently

  • Oct 25, 2018
    StarStarStarStarStar Former Assistant Manager in Houston, Texas

    They match pay. So you should sell as much as possible to get the best 401k.

  • Jul 28, 2018
    StarStarStarStarStar Former Sales Associate in New York, New York State

    You get what you pay

  • Apr 09, 2018
    StarStarStarStarStar Current Showroom Manager in Boston, Massachusetts

    The 401(k) plan isn't much better than just investing on your own, because honestly, that's mostly what you're doing. You're taking your own money and being railroaded into investing in a plan that's cherrypicked for you (by people whose financial incentives may differ from your own). The only benefit is it doesn't count as taxable income. I'm not sure what the fee structure is on the default 401)k) plan, because it's as clear as mud, but it's probably higher than a good Index fund, which is what you should be invested in if you're young and just saving for retirement. Mattress Firm's match is a joke. It's a fraction of a fraction of your gross income. You'll get, at most, a few hundred dollars a year from it. I guess it's better than nothing...but only just barely.

  • Jan 12, 2018
    StarStarStarStarStar Former MOD and Store Manager in San Antonio, Texas

    it was very good, well managed.

  • Nov 01, 2017
    StarStarStarStarStar Current Employee in Rocklin, California

    Better now that they reinstated the company match.

  • Oct 23, 2017
    StarStarStarStarStar Current Assistant Store Manager in Chicago, Illinois

    Better with reintroduction of match

  • Aug 24, 2017
    StarStarStarStarStar Current Store Manager in Sanford, Florida

    Was matching when I started then a month later they took it away entirely. Now a year later its back to matching. This company is not consistent.

  • Jun 10, 2017
    StarStarStarStarStar Current District Sales Manager in Houston, Texas

    401k is still available, and there is a great marketplace, however they have currently stopped 401k match.

  • Jun 09, 2017
    StarStarStarStarStarEmployee

    401k is great when it gets matched. Matching has been stopped in effort to save prisoners oops i mean employees, I need it back today, nobody is guaranteed to live tomorrow...


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