138 employees reported this benefit
Parker Hannifin offers a savings fund matching program.
great 401k match and good plans
Low expense and company matching
The 401k match is one of the best I've seen. The ability to diversify the portfolio options are also wide open.
Match 100% of first 3% if you contribute minimum of 6%, managed through Fidelity
Offered through Fidelity. 401k match to 5%
Good Options and decent matching.
The 401k is normal across the board with other companies. Parker doesn't do anything special with the 401k other than the fact that they have one.
Decent, could be better. Company match 100% of first 3%. and 50% of next 2%.
The plant that I'm in offers a match, up to 4℅ (the first 3% is full the next 2% is at 1/2%) so saving 5% turns into 9% while 4% would be 7.5%
It's ok, better than nothing.