57 employees reported this benefit
The vesting schedule is 6 years till fully vested and the most my boss has donated is 3% of my annual salary.
There is nothing bad about the benefits.
On-site professional financial advisor experts to help manage the plan at no charge
Limited options by 401k provider. It seems odd that a financial company uses an outside provider for 401k.
Solid 401(k) plan. They have excellent investment options and no fees besides investment fees of the funds (which are rock bottom). There is a decent match although not the highest around.
Only match up to 1k.
Not the greatest options available thru Principal
Company only matches up to $1250/year.
No % is matched, only $2,000 is matched if you have contributed $2,000 within a calendar year.
Pros: Great fund options and mix between mostly stocks and mostly bond funds. Cons: match only up to $1000 and 100% vested after 6 years.