50 employees reported this benefit
They have a 401k package
great program, including matching; can pick your own investments
Company match is 35%. It's only disbursed if still employed at the beginning of the year following employee's contributions.
Company matches up to $6K per employee per year, but this is in a lump sum for employees on the payroll as of 12/31 (payable in January). If not an employee then, it is forfeited. Would be better paid in each check. Vesting schedule applies (3 years, I think). Plan also allows after-tax contributions. Managed through Fidelity.
401K is standard and easy to follow.
Match up to 6,000 if you max out at 18,000
Standard for the employee friendly bay area companies.
they match 401k, but the matching doesn't occur until Jan.
This is very good for older people. They match 35% up to 6000.00 so it is good for some people not so good for younger people.
The Good: Through Fidelity, so very easy to manage. Flexible programs to contribute to your maximum allowable limit. The Bad: Matching contribution from NetSuite is only given once per year for the entire year, and forfeited if you are not employed when it is time to receive your matching contribution. 3 year vesting program instead of 100% vested from the get go.