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Nestlé USA 401K Plan

172 employees reported this benefit

4.1
30 Ratings

Available to US-based employees Change location

Employer Verified
Jan 5, 2018

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.

Employee Comments

Showing 1–10 of 30
Mar 16, 2021
4.0
Former Employee

Company matches up to 4.5 % of employees contribution. Investment opportunities offered include targeted date options . You can select the year you will retire and funds are allocated based on your present age. You are not vested in the company for the first 3 years

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Mar 10, 2021
5.0
Former NCE Generalist in Solon, OH, Ohio

5% company match with a great management company

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Dec 6, 2020
5.0
Current Senior Marketing Manager in Stamford, CT, Connecticut

They have a great 401k match.

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Nov 29, 2020
5.0
Current Employee

Matches in the first year

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Nov 23, 2020
4.0
Current Project Manager in Arlington, VA, Virginia

Costs keep going up but overall coverage is pretty good, especially if you’re willing to choose the more costly options.

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Sep 14, 2020
5.0
Current Employee

great match is provid ed

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May 22, 2020
4.0
Current Category Analyst in Seattle, WA, Washington State

good matching policy and simple plans to choose from

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Aug 14, 2019
3.0
Current Director in Greenville, SC, South Carolina

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

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Jul 17, 2019
5.0
Current Employee

Company match after so long

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Apr 3, 2019
4.0
Current Director of Business Operations in Seattle, WA, Washington State

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

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Viewing 1 - 10 of 30 Reviews

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