Parallon Employee Benefit: 401K Plan | Glassdoor

Parallon 401K Plan

Updated Apr 07, 2017

138 employees reported this benefit

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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 59
  • Apr 09, 2019
    StarStarStarStarStar Current Employee in Salem, Virginia

    Excellent 401K program. Contributes whether you do or not. Easy to maintain and keep up with balances

  • Apr 02, 2019
    StarStarStarStarStar Former Remote Medical Coder in Norcross, Georgia

    best that they offer it

  • Mar 23, 2019
    StarStarStarStarStar Current Employee in Jacksonville, Florida

    They Match your 401 with %

  • Jan 31, 2019
    StarStarStarStarStar Current Employee in Covington, Louisiana

    They will start to match your 401k once you have worked 1000 hours with the company before December.

  • Nov 13, 2018
    StarStarStarStarStar Former Employee in Norcross, Georgia

    Only a 3% match, and it takes 6 years to be fully vested. The decision to change the policy to depositing the match after 12/31 (if you are still employed at 12/31) contributed to my decision to leave the company. This was viewed by most as a punishment for hard work.

  • Oct 04, 2018
    StarStarStarStarStar Current Employee in Denver, Colorado

    Completely standard for the industry/market

  • Aug 24, 2018
    StarStarStarStarStar Former Revenue Cycle Intern in Richmond, Virginia

    The 401k plan was interesting. The vesting was similar to a lot of other companies, but it seemed they would contribute not too much after a long time working there.

  • Aug 02, 2018
    StarStarStarStarStar Current Medical Billing Specialist in Hendersonville, Tennessee

    You can opt in or out at anytime. Company match increases with time at the company.

  • Jun 11, 2018
    StarStarStarStarStar Current Insurance verification in Largo, Florida

    100% match is good and every year of service you can contribute more

  • May 13, 2018
    StarStarStarStarStar Current Employee in Dallas, Texas

    Best: If you work there for 25 years you get 9% match, and the 3% match is standard Worst: It takes 5 years to be fully vested and they pay your match out at the end of the year so you are not able to collect any potential gains and if you leave before a certain date in the year, you lose that years match.


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