Microchip Technology Employee Benefit: 401K Plan | Glassdoor

Microchip Technology 401K Plan

Updated Jul 23, 2014

65 employees reported this benefit

3.7
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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 10
  • Aug 30, 2018
    StarStarStarStarStar Former Employee in Colorado Springs, Colorado

    401K is fair, but company does contribute as much as it used to. Again, the company is not thinking of the employee

  • Apr 24, 2018
    StarStarStarStarStar Current Any in Colorado Springs, Colorado

    match min 6% on 401K

  • Dec 04, 2017
    StarStarStarStarStar Current Applications Engineer in Chandler, Arizona

    Contribution matching is officially 50% of the first 4% of your pay that you put into your 401k. In reality, it varies every quarter based on company performance and is often as much as 75%.

  • Dec 04, 2017
    StarStarStarStarStar Current Employee in Chandler, Arizona

    They do have some matching of 401k savings, but they don't offer as many options and investment opportunities as at a previous competitor.

  • Sep 17, 2017
    StarStarStarStarStar Current Information Technology in Chandler, Arizona

    Matching could be higher so need to depend on stock gains

  • Jul 24, 2017
    StarStarStarStarStar Former FAE in San Diego, California

    very minimal 401k plan. Although you cna sign up for outside funds.

  • Apr 27, 2017
    StarStarStarStarStar Current Staff Design Engineer in Colorado Springs, Colorado

    50% of the first 4% is matched

  • Aug 24, 2016
    StarStarStarStarStar Current Production Supervisor in Colorado Springs, Colorado

    Good matching program. Don't havr a lot of experience with the program yet.

  • Jan 22, 2016
    StarStarStarStarStar Former Employee in Chandler, Arizona

    They match very little, which really is horrible.

  • Oct 28, 2014
    StarStarStarStarStar Current Employee in Chandler, Arizona

    Matching has only been maxed out at 50 cents until recently. Last two quarters were 60 and 55 cents.

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