Pegasystems Employee Benefit: 401K Plan | Glassdoor

Pegasystems 401K Plan

Updated Aug 14, 2014

49 employees reported this benefit

2.9
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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 13
  • Dec 13, 2017
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    the 401K plan is standard to what most other companies offer. Pega offers a match of 50% on the first 6% of your base pay. Nothing earth-shattering.

  • Nov 21, 2017
    StarStarStarStarStar Current Sales Associate in Cambridge, Massachusetts

    I believe it's 50 cent contribution to 6%

  • Oct 20, 2017
    StarStarStarStarStar Current Employee in Boston, Massachusetts

    Not competitive: Company matches 50% of contribution up to 6% of salary

  • Oct 01, 2016
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    They only match once a year, typically in March for the previous year and it's optional (act like it's a big deal every year when they pay it). So, even if you stay, no dollar cost averaging and it's another way to delay/avoid paying the benefit.

  • Sep 28, 2016
    StarStarStarStarStar Current Senior Software Engineering Manager in Cambridge, Massachusetts

    Match is only applied at end of year if company goals are met. Otherwise match is up to 6 percent.

  • Jul 28, 2016
    StarStarStarStarStar Former Principal Software Engineer in Cambridge, Massachusetts

    typical benefit nothing spectacular they do some matching and you can purchase stock or add to the 401k

  • Jul 22, 2016
    StarStarStarStarStar Current Senior Systems Architect in Cambridge, Massachusetts

    Great selection. Very competitive.

  • Jun 12, 2016
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    401K investment choices are so-so. Company matches 50% of contribution up to 6% of salary - however, the MATCH is discretionary and the cmany can decide NOT to match. The matching contribution does not occur until Mach of the following year, so you will lose some of that in the last year of employment.

  • Apr 25, 2016
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    In line with industry, not a differentiator in term of seeking employment here

  • Jan 23, 2016
    StarStarStarStarStar Current Director in Cambridge, Massachusetts

    Limited investment options and relatively low employer matching.


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