117 employees reported this benefit
Ryder offers a 401k plan.
Decent Match. They use Fidelity which is ok and has a number of options.
good quality of options and accessible
Good selection of alternative funds. Company match is competitive.
Average, small matching amount but a lot of options for mutual fund selections
Good contribution percentage at a reputable brokerage, with capacity to participate.
401K only starts matching contributions after one year. You're much better off to purchase company stock at a 15% discount after 3 months of service. The returns are much better than any 401K!!
I didn't partake in this so at this time I have no comments. From what it looks like the 401k plan is fair.
It's offered and that's about it. Nothing special. Everything isn't explained well and seems confusing. I just set mine at 3% and had approx 3700.00 in 1 year 1 month.
401K is probably the best part of the position and they match the average like most other companies
If you made a living wage you might be able to contribute.