Milwaukee Tool Employee Benefit: 401K Plan | Glassdoor

Milwaukee Tool 401K Plan

Updated Oct 15, 2015

44 employees reported this benefit

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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 15
  • Mar 06, 2019
    StarStarStarStarStar Current Design Engineer ll in Brookfield, Wisconsin

    Match $.50 for every $1 up to 8%

  • Nov 02, 2018
    StarStarStarStarStar Former Sr. Project Manager in Jackson, Mississippi

    The company match was good

  • Aug 30, 2017
    StarStarStarStarStar Former Employee in Brookfield, Wisconsin

    50% match up to 8% of your salary; you put in 8%, they match 4%. Supported through Transamerica.

  • Jan 24, 2016
    StarStarStarStarStar Former Employee in Brookfield, Wisconsin

    Matches half of what you put in up to 4% (I think)

  • Dec 15, 2015
    StarStarStarStarStar Former Employee in Brookfield, Wisconsin

    Average to below average- does not match up to other competitors in Southeast Wisconsin

    Milwaukee Tool Response

    Milwaukee Tool’s 401k Plan is extremely competitive. The plan provides a generous employer match of 50 cents on the dollar for the first 8% of employee contributions. Employees are eligible on... More

  • Oct 02, 2015
    StarStarStarStarStar Current Design Engineer in Brookfield, Wisconsin

    Typical [pl;an nothing special or different. A few years ago they stopped matching contributions then did eventually bring it back but after they took away the pension plan so everyone literally lost 15% of their pay overnight while the company was making record sales. Sick management.

  • Aug 21, 2015
    StarStarStarStarStar Current Senior Engineering Technician in Brookfield, Wisconsin

    Great plan and they match the first 5%

  • Aug 06, 2015
    StarStarStarStarStar Current Software Developer in Brookfield, Wisconsin

    Its pretty much average, but the matching they do is pretty sweet

  • Aug 04, 2015
    StarStarStarStarStar Former Employee in Milwaukee, Wisconsin

    Standard matching, but it wasn't implemented until roughly 2011. So this is a somewhat new benefit.

  • Jul 01, 2015
    StarStarStarStarStar Current Regional Manager in Miami, Florida

    Match half of your contributions and give you the freedom to adjust it whenever you want.

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