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Qualcomm 401K Plan

681 employees reported this benefit

4.0
141 Ratings

Available to US-based employees Change location

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 141
Jun 15, 2022
5.0
Current Employee

there is no 401K plan

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Sep 15, 2021
5.0
Current Sr. Engineer in San Diego, CA, California

provides 100% for the first packet.

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Sep 12, 2021
5.0
Former Sr. Director IT in San Diego, CA, California

The Qualcomm matching contribution is good. Having a NQDC plan also is an excellent benefit to supplement the 401K

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Sep 10, 2021
4.0
Current Employee

Matches around ~11% up to $19,500 based on a tiered system.

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Jul 13, 2021
4.0
Current Employee

good match when compared with completion

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Jul 11, 2021
5.0
Current Staff Engineer in San Diego, CA, California

401 K matching is very good

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Jul 5, 2021
5.0
Former Staff Engineer I in San Diego, CA, California

high employer match. reduces as the contribution increases

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Jul 2, 2021
4.0
Current Employee

matches tech sector, plain vanilla

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Jun 21, 2021
4.0
Current Principal Engineer in San Diego, CA, California

Matches your contribution from initially 100% to 10% based on how much you are contributing.

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Jun 4, 2021
5.0
Current Procurement Manager in San Diego, CA, California

all good in my opinion

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Viewing 1 - 10 of 141 Reviews

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