SGS Employee Benefit: 401K Plan | Glassdoor

SGS 401K Plan

Updated Jul 09, 2015

57 employees reported this benefit

3.5
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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 12
  • Oct 17, 2018
    StarStarStarStarStar Former Key Account Manager in Fairfield, New Jersey

    Company matches a certain percent

  • Jul 30, 2018
    StarStarStarStarStarEmployee

    I left the company over a year ago. The matching with the 401k was industry standard. I didn't do anything with the 401k, since I wasn't asked to, and was still deciding what to do with it. Since my new job has a pension plan, I decided to finally just get the money out with penalty so I didn't have to track anything. This is a major hassle. First you have to call T Rowe Price to get information- their online portal won't handle this. Then you have to fill out forms. Since I haven't worked at SGS for over a year and live about an hour away, I just sent in the forms. Nope- apparently (according to the T Rowe people I spoke with- and I ended up having to speak with a lot over this process), SGS has an overly restrictive policy where their benefits people have to sign off on anything. So I get an email from T Rowe (since SGS does not list emails anywhere on their website, and surprise, one of the emails bounced back as incorrect since I had to write the email down while I was on the phone), and ask for them to fill out their portion and send it to me. Wrong again- I have to fill out my portion, send it to them (this is now two stamps to deal with this), and they will fill out and send to the T Rowe people. Only in their email, they didn't give me an address. I don't know if the benefits person is out the same office I worked at, since I don't recognize their name. So it could be one of several- plus, it would be nice to know room/suite/attn/ etc. Such a hassle for a bog standard benefit- should never have signed up for it, and kept my money.

  • Apr 09, 2018
    StarStarStarStarStar Former Dierctor Clinical Operations in Germantown, Maryland

    matching to contribution is offered

  • Mar 30, 2018
    StarStarStarStarStar Current Employee in Renton, Washington State

    Employer match up to a certain percent

  • Mar 22, 2018
    StarStarStarStarStar Current Network and Computer Systems Administrator in East Syracuse, New York State

    Match is good, but you have to put in 6% to get a vested match. Could be a problem for younger employees with less stability.

  • Feb 16, 2018
    StarStarStarStarStar Former Loader in Plaquemine, Louisiana

    3 % match. Could be much better.

  • Nov 13, 2016
    StarStarStarStarStar Former Inspector in Washington, District of Columbia

    moderate match after you commit to SGS. Return rates poor.

  • Oct 28, 2016
    StarStarStarStarStar Current Auto Inspector in Oklahoma City, Oklahoma

    3% matching thru T Rowe Price

  • Oct 17, 2016
    StarStarStarStarStar Former Business Development Manager in Fairfield, New Jersey

    Very satisfactory returns and offerings of various funds.

  • Aug 03, 2015
    StarStarStarStarStar Former Automotive Inspector in Pittsburgh, Pennsylvania

    Standard 401K plan. Nothing special.


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