125 employees reported this benefit
Ryder offers a 401k plan.
Average company match, not dollar for dollar.
the 401K plan is average at best. the financial advise from fidelity is somewhat helpful.
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.