122 employees reported this benefit
Saks Fifth Avenue offers a 401(k) program.
This information about the 401K Plan benefit at Saks Fifth Avenue is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Saks Fifth Avenue. The description here may not reflect the current Saks Fifth Avenue 401K Plan benefit.
A fifty cent on the first 5%
it is very Good, I have been there for 1 years now
Pros: - had 401K plan Cons: - no matching
I believe it was a matching 401K if you were management
Very poor company match. Less than 3%. This is the lowest of my working career. The fund is underperforming.
Basic plans. You are fully invested in 3-4 years. Plus they have been giving out shares to their employees lately. The only downer is that it's the Canadian stock market. Not the US/
not sure cus they started 41k later when i was almost quitting so i dont have enough info
standard 401k plan. they match
The best part of the 401k is that we have one. The worst part of the 401k is that in the state I'm employed the instiitution the use is only reachable by phone. So it can be frustrating.
401k is not as good as my past employer. (Around 45 cents to your dollar). most people are not even contributing due to the amount they match