26 employees reported this benefit
PSE offers a 4% match on 401k contributions or you can opt to be enrolled in their pension plan which you become vested in after the 3 year mark of working there full time. The overall benefits are pretty good as many companies do not offer a pension anymore.
Matching benefits are below industry standards
Fully outsourced to T Rowe Price who did a good job. The employer matching was a bit confusing.
Company match 401K monthly percentage I believe.
Geared towards people who are ready to retire. No incentives for younger generation to start planning for retirement.
matching is quite large relative to others.
Mine is great because I'm grandfathered into the original 401k plan. New people get a decent match but it's less than existing employees. However it is on par with other utility companies.
6% company match is higher than most in the industry and is managed by T. Rowe Price.
Very happy with the Best 401 k plan
Great match, 100 % on 6%