Nestlé USA Employee Benefit: 401K Plan | Glassdoor

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Nestlé USA 401K Plan

Updated Jan 05, 2018

108 employees reported this benefit

4.0
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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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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 15
  • Feb 05, 2018
    StarStarStarStarStar Current Administrative Assistant in Glendale, California

    401K matching once vested (3 years)

  • Oct 30, 2017
    StarStarStarStarStar Current Financial Analyst in Solon, Ohio

    Upto 5% match and good pension plan

  • Jun 20, 2017
    StarStarStarStarStar Current Route Sales Representative in Springfield, Missouri

    This is a great plan for the future.

  • May 14, 2017
    StarStarStarStarStar Former Business Unit Supervisor in Fayetteville, Arkansas

    4% match is pretty good

  • Apr 21, 2017
    StarStarStarStarStar Current Finance Manager in Rogers, Arkansas

    Nestle match big part of your payment

  • Apr 13, 2017
    StarStarStarStarStar Former Administrative Assistant in Naperville, Illinois

    Nestle matches dollar for dollar starting at 5%.

  • Oct 24, 2016
    StarStarStarStarStar Former Intern in Chicago, Illinois

    Great matching rate for the 401K.

  • Aug 30, 2016
    StarStarStarStarStar Current Employee in Charlotte, Arkansas

    Not sure what is good. Match dollar for dollar up to 5% of income

  • Jul 28, 2016
    StarStarStarStarStar Current Quality Specialist in Gaffney, South Carolina

    They will match you up to 5%.

  • Mar 30, 2016
    StarStarStarStarStar Former Retail Sales Representative in New York, New York State

    Standard 401K pension plans. Would be great if Nestle did not force people to stay 3 years to have the matched contribution vested.


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