Raytheon has a generous 401K match that starts on day 1
Raytheons 401K program was through Fidelity. There were a number of options available which allowed for investing options at your comfort level.
Fidelity has low expense ratios, so that's a plus. The company match was unimpressive.
The 401k includes a 3% match for the first three years then a 4% match after
The benefit was really good
Decent 401k plan. No issues
The matching percentage is not keeping up with inflation.
Traditional and Roth are offered, but only 3% match
Matching 100% up to 4%
A little complicated: 100% match to first 3% (before 5 years) 4% (after 5 years) this is immediately vested. PLUS an additional 2.5 to 7% based on years of service and age at hiring date (you're penalized for starting before 30 yrs old). The extra amount starts after 1 year and is 100% vested after 3 years of service. You can contribute (your part) up to federal limits in addition. Fidelity administers the 401k. There are 15-20 typical choices of investments, plus the opportunity to manage your own in other fidelity choices.