Qualcomm Employee Benefit: 401K Plan | Glassdoor

Qualcomm 401K Plan

Updated Aug 11, 2014

495 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 82
  • Nov 03, 2017
    StarStarStarStarStar Current Employee in Raleigh, North Carolina

    The match is average - nothing great.

  • Oct 26, 2017
    StarStarStarStarStar Current Engineer Senior in San Jose, California

    employee match is very good

  • Oct 14, 2017
    StarStarStarStarStar Current Staff Systems Engineer in San Jose, California

    401k match well and is comparable to other companies

  • Jul 26, 2017
    StarStarStarStarStar Current Senior Engineer in San Jose, California

    if we add some amount in 401k, company is also contributing good percentage of amount.

  • Jul 04, 2017
    StarStarStarStarStar Current Senior Staff Engineer/Manager in San Jose, California

    Excellent employer match to 401(k) contributions

  • Jun 13, 2017
    StarStarStarStarStar Current Staff engineer in Maitland, Florida

    It's ok. About average in this industry.

  • Mar 27, 2017
    StarStarStarStarStar Former Staff Engineer in Boulder, Colorado

    Very good Matching plan. You also have the choice of Fidelity or a Self directed plan.

  • Mar 17, 2017
    StarStarStarStarStar Current Employee in San Diego, California

    Great matching. Fidelity account has decent fund selection.

  • Mar 11, 2017
    StarStarStarStarStar Former Staff Engineer in Austin, Texas

    100% for first $1500, 50% for the next $1500, 33% for the next $7500, 10% there after. So it's about 30% of your total $18000.

  • Feb 17, 2017
    StarStarStarStarStar Current Employee in San Diego, California

    good matching scheme, and good selection of investment choices


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