Merck Employee Benefit: 401K Plan | Glassdoor

Find your next job here

Merck 401K Plan

Updated Jul 21, 2014

206 employees reported this benefit

4.1
StarStarStarStarStar

Employer Summary

Eligible Merck employees can participate in a 401(k) plan with some company match; vested immediately.

This information about the 401K Plan benefit at Merck is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Merck. The description here may not reflect the current Merck 401K Plan benefit.


Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 46
  • Feb 07, 2018
    StarStarStarStarStar Current Solutions Architect in Austin, Texas

    Not great but not bad either .75 cents for each dollar saved up to 6%

  • Jan 18, 2018
    StarStarStarStarStar Former Senior Pharmaceutical Sales Representative in Saint Louis, Missouri

    Many companies are no longer offering 401K matches. Merck not only provides a match they all have other saving options

  • Dec 18, 2017
    StarStarStarStarStar Current Employee in Rahway, New Jersey

    75% match up to 6%

  • Dec 12, 2017
    StarStarStarStarStar Former Laboratory Technician in West Point, Pennsylvania

    They offerec three percent match to every dollar you saved in this plan, which I think is excellent

  • Dec 05, 2017
    StarStarStarStarStar Former MES Support in Durham, North Carolina

    They offer a plan and match 75% up to 6% (so 4.5% on a 6% employee contribution) which isn't horrible but many other companies offer better incentives these days. Roth 401k available which is an excellent addition

  • Jul 30, 2017
    StarStarStarStarStar Former Associate II, Clinical Services in Elkhorn, Nebraska

    Company matching was great, but was not the full amount that they advertised! You were able to take small loans from your 401k without any drawbacks and that was super helpful

  • Jan 23, 2017
    StarStarStarStarStar Former Scientist in Lansdale, Pennsylvania

    They match up to 6%

  • Dec 17, 2016
    StarStarStarStarStar Current Scientist in Kenilworth, New Jersey

    There is a .75% match up to 6% of your salary. There is also a pension plan. I think vesting happens after five years of service.

  • Dec 04, 2016
    StarStarStarStarStar Former Employee in Kenilworth, New Jersey

    They match up to a pretty common percentage based on age.

  • Oct 02, 2016
    StarStarStarStarStar Former Employee in Kenilworth, New Jersey

    Good plan with Fidelity however fund selection is somewhat limited in certain catagories. Some of the fund choices have high fees that will eventually cut into retirement value.


Work at Merck? Share Your Experiences

Merck
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or