Qualcomm Employee Benefit: 401K Plan | Glassdoor

Qualcomm 401K Plan

Updated Aug 11, 2014

572 employees reported this benefit

4.0
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Employer Summary

Description

  • Pretax and post-tax roth savings through payroll deduction
  • Company match of employee contribution: 100% on first $1,500, 50% on the next $1,500, 33% on next $7,500, and 10% thereafter
  • 50% vested after 1 year, 100% after 2 years
  • Loans available
  • Fidelity, Vanguard and other Mutual Funds & Self Directed Brokerage Link
  • Employee may enroll, suspend and make changes to contributions at any time

Eligibility

  • All regular status employees age 18 and older

Eligibility Date

  • Date of hire

Employee Contribution

  • Flat dollar amount or percentage of eligible compensation (minimum 1% of salary)
  • Maximum 100% of salary up to annual IRS deferral limit, and less other elective deferrals and required deductions
  • Make up contributions permitted for employees age 50 and over


Employer Verified
Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 93
  • Sep 11, 2018
    StarStarStarStarStar Former Senior Staff Engineer in San Diego, California

    It's a pretty good plan with company matching.

  • Aug 08, 2018
    StarStarStarStarStar Former Senior Staff Software Engineer in Austin, Texas

    Best, immediate vesting after first year. Worst, matching capped at 5K

  • Aug 02, 2018
    StarStarStarStarStar Current Employee in San Diego, California

    Decent company match for 401k plans

  • Jul 14, 2018
    StarStarStarStarStar Current Principal Engineering Manager in San Diego, California

    Matching contribution by the employer

  • Jun 21, 2018
    StarStarStarStarStar Current Employee in San Diego, California

    Fidelity only could have had more choices and flexibility. The matching is OK

  • Jun 13, 2018
    StarStarStarStarStar Current Employee in San Jose, California

    matches using slabs. max matching is 5200

  • May 29, 2018
    StarStarStarStarStar Current Employee in San Diego, California

    Qualcomm match is available to employees

  • May 09, 2018
    StarStarStarStarStar Current Employee in San Diego, California

    great match and vesting policy

  • Apr 19, 2018
    StarStarStarStarStar Current Employee in San Jose, California

    matches first $5000 of 401K contribution

  • Apr 18, 2018
    StarStarStarStarStar Current Staff Engineer in Santa Clara, California

    they are matching 50% of 6% of your basic salary


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