Parkview Medical Center Employee Benefit: 401K Plan | Glassdoor

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Parkview Medical Center 401K Plan

Updated Oct 22, 2015

11 employees reported this benefit

3.4
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Employer Summary

 Principle Financial Group offers 401K Investments, savings, and a loan policy if needed.  Parkview has a very unique feature that most employers don’t offer with their 401(k) plans.  After you’ve worked 1,000 hours in one year, Parkview starts contributing an amount equal to 4% of your gross pay, even if you’re not contributing.  It’s like getting a 4% raise!  Parkview also starts matching half of the first 3% you contribute  at that point.  Parkview also offers free individual meetings with licensed financial professionals twice a month.  For addition information, please call Jeanne at (719) 595-7588


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Employee Comments

Showing 1–5 of 5
  • Jan 14, 2018
    StarStarStarStarStar Current Admissions Representative in Pueblo, Colorado

    Parkview has a good 401k plan with a 5% matching bonus. I would call it competitive, however making changes to the balancing and funds invested is more complicated.

  • Nov 13, 2016
    StarStarStarStarStar Current Medical Laboratory Scientist in Pueblo, Colorado

    They match at a very generous percentage, I also like that they increase my contribution every year.

  • Jul 19, 2016
    StarStarStarStarStar Current RN in Pueblo, Colorado

    You have to wait a full year before having the option to have the employer match. Just let us match starting day 1. Even worse, if you don't stay at least 7 years, they have a percentage scale on on how much they take back of their own money, so it's not even them matching. I.e. if you stay for 2 years, you get 20% of they money they matched. If you stay 3 years you get 40% if the money they matched. etc.

  • Jun 07, 2016
    StarStarStarStarStar Current Behavioral Health Specialist in Pueblo, Colorado

    It seems to be a good package.

    Parkview Medical Center Response

    It is a great package! Some companies don't match anymore and some (about 45%) make you wait a year before you can even contribute. at PMC you can contribute right away and One year & 1000 hours the... More

  • Mar 04, 2015
    StarStarStarStarStar Current Registered Nurse in Pueblo, Colorado

    They remove the money from our paycheck.

    Parkview Medical Center Response

    Parkview has a very unique feature that most employers don’t offer with their 401(k) plans. After you’ve worked 1,000 hours in one year, Parkview starts contributing an amount equal to 4% of your... More

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