Qualcomm 401K Plan
761 employees reported this benefit
Available to US-based employees
Employer Verified
Aug 11, 2014
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
Employee Comments
Showing 1–10 of 153
Great health care and salary
3% match on 401k driven
The match is quite low.
quite standard like other company
up to 3K match easily later only 33%
Great 401k match compared to peer companies
Industry standard, matching 50% for first 5k then less.
Can be better by matching more
401k match not as good as competitors
Is is just like other tech company
Neutral "OK"