Nestlé USA Employee Benefit: 401K Plan | Glassdoor

Nestlé USA 401K Plan

Updated Jan 05, 2018

150 employees reported this benefit

3.9
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Employer Summary

The 401k savings plan allows you to save on a tax-deferred basis through convenient payroll deductions. You are eligible for the plan as soon as you’re hired, and you can save up to 25% of your eligible pay (certain limitations may apply). The plan offers automatic enrollment, which means you will be automatically enrolled at a contribution rate of 6% of your eligible pay, unless you select a different rate or decline participation. Nestlé will match what you put in: 100% match on the first 3% of eligible pay you save and 50% match on the next 2% of eligible pay you save.


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Employee Comments

Showing 1–10 of 23
  • Aug 14, 2019
    StarStarStarStarStar Current Director in Greenville, South Carolina

    Voya - limited choices, limited management ability - only negative so far

  • Jul 17, 2019
    StarStarStarStarStar Current Employee in City of Industry, California

    Company match after so long

  • Apr 03, 2019
    StarStarStarStarStar Current Director of Business Operations in Seattle, Washington State

    Could probably match at a higher rate. Helpful that you match at all, though!

  • Nov 04, 2018
    StarStarStarStarStar Former Production Worker in Little Chute, Wisconsin

    401k plan is really good.

  • Sep 27, 2018
    StarStarStarStarStar Former Production Associate in Jonesboro, Arkansas

    Could have better company matching

  • Sep 09, 2018
    StarStarStarStarStar Current Retail Merchandiser in Miami, Florida

    Beautiful like this because to have a benefit with like to work this company and 40 hours and benefits

  • Aug 27, 2018
    StarStarStarStarStar Former Employee in Arlington, Virginia

    % of matching offered for 401k

  • May 16, 2018
    StarStarStarStarStar Current Account Order Coordinator in Breinigsville, Pennsylvania

    Money you bring in and if you aren’t vested you will not see any of the money your initial investment made

  • May 04, 2018
    StarStarStarStarStar Former Category Development Manager in Chicago, Illinois

    One of the best you can take some funds out when you leave, but still keep some in at very low fees

  • Feb 05, 2018
    StarStarStarStarStar Current Administrative Assistant in Glendale, California

    401K matching once vested (3 years)


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