Parsons Corporation Employee Benefit: Retirement Plan | Glassdoor

Parsons Corporation Retirement Plan

67 employees reported this benefit

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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 10
  • Nov 30, 2017
    StarStarStarStarStar Current Business Systems Analyst in Pasadena, Texas

    Parsons offers an internal employee stock program. The longer you stay with parsons the more you earn. You're not fully vested in the stock until after 6 years.

  • Jun 23, 2017
    StarStarStarStarStar Former Employee in New York, New York State

    standard plan, nothing special about it

  • Feb 08, 2017
    StarStarStarStarStar Current Principal Engineer in New York, New York State

    Company used to contribute at least 20% of salary towards your ESOP retirement plan. Been reduced to 8-10% due to competition and cost savings.

  • Dec 22, 2016
    StarStarStarStarStar Current Employee in Arlington, Virginia

    Retirement Plan is ok for now

  • Jun 18, 2016
    StarStarStarStarStar Current Analyst in Pasadena, California

    the esop program is a great feature the company offers to help in retirement

  • Apr 06, 2016
    StarStarStarStarStar Former Sr. Desk side support in Aiken, South Carolina

    Nice package. To bad I won't retire from parsons. Then again they may not be around.

  • Mar 29, 2016
    StarStarStarStarStar Former VP in Pasadena, California

    ESOP, which can be great if the share price increases or a disaster if the company is run by morons and the stock price tanks.

  • Dec 25, 2015
    StarStarStarStarStar Current Civil Engineer in Washington, District of Columbia

    You are given stock ownership and 401K matching which are great but you cannot touch them before your retirement which sucks!!!!!

  • Dec 04, 2015
    StarStarStarStarStar Current Systems Engineer in Huntsville, Alabama

    Good options, through Wells Fargo

  • Oct 04, 2015
    StarStarStarStarStar Current Employee in San Francisco, California

    The retirement plan is the Employee Stock Ownership Plan - it seems to be a draw for many employees, especially those who have been with Parsons for most of their careers. However, benefits have been recently reduced, so it is not as attractive of a benefit to younger employees.

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