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Qualcomm 401K Plan

681 employees reported this benefit

Updated Aug 11, 2014
3.9
124 Ratings

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 131
May 5, 2021
5.0
Former Employee

Generous 401k matching for your contribution

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May 4, 2021
4.0
Current Employee

Qualcomm has good 401k benefits.

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Apr 8, 2021
1.0
Current Engineer in San Diego, CA, California

The worst is they only match a small percentage after your first few initial contributions

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Mar 16, 2021
4.0
Current Employee

Above average 401k matching compared to rest of the industry

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Mar 10, 2021
1.0
Current Employee

Abysmal 401K match for a company that size

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Mar 6, 2021
4.0
Current Senior RF Software Engineer in San Diego, CA, California

Reasonable but could be better

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Mar 4, 2021
4.0
Current Employee

Match is decent. option to trade your own stocks

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Feb 11, 2021
5.0
Current Machine Learning Engineer in San Diego, CA, California

The 401k is very good. There are many company contribution. It's very convenient.

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Feb 11, 2021
5.0
Current Employee

its a good plan and employees are supporetd

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Jun 11, 2021
4.0
Current Employee

The matching pan is ok

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Viewing 1 - 10 of 131 Reviews