Milwaukee Tool Employee Benefit: 401K Plan | Glassdoor

Milwaukee Tool 401K Plan

Updated Oct 15, 2015

44 employees reported this benefit

3.9
StarStarStarStarStar
This benefit does not have a summary yet. Work here in HR?   Add a summary

Employer Verified
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.


Work at Milwaukee Tool? Share Your Experiences

Milwaukee Tool
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or