Scottrade Employee Benefit: 401K Plan | Glassdoor

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Scottrade 401K Plan

Updated Aug 29, 2014

126 employees reported this benefit

4.2
StarStarStarStarStar

Employer Summary

Scottrade's 401(k) plan is designed to help associates prepare for the future. All regular full-time and part-time associates may contribute up to 50% of their pay (limits apply) into a traditional pre-tax 401(k) plan and/or a Roth 401(k) plan. Rollovers are accepted from former employers' qualified plans. A discretionary company match is offered based on the firm's performance.


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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 50
  • Jan 01, 2018
    StarStarStarStarStar Current Customer Service Representative in Westminster, Colorado

    They have a very generous 401k match

  • Nov 09, 2017
    StarStarStarStarStar Current Investments in Fort Lauderdale, Florida

    Easy to change and matching contributions

  • Nov 02, 2017
    StarStarStarStarStar Current Field Supervision in Saint Louis, Missouri

    They match 50% of your contribution.

  • Aug 20, 2017
    StarStarStarStarStar Former Investment Consultant in Williamsville, New York State

    Excellent 401k plan with appropriate solutions to choose from.

  • Jul 25, 2017
    StarStarStarStarStar Current Employee in Saint Louis, Missouri

    Easy to participate. Great match percentage.

  • Jul 03, 2017
    StarStarStarStarStar Former Employee in Saint Louis, Missouri

    They match 50% up to 15%, which is the highest match I've ever heard of. At my new job I'll have to have my own private IRA, so I'll miss this benefit! Fortunately, I can use the same provider (TransAmerica) to open an IRA, so I won't have to worry much about transferring my money, etc.

  • Jun 25, 2017
    StarStarStarStarStar Current Employee in Los Angeles, California

    Generous 401k match and bonus structure

  • Jun 19, 2017
    StarStarStarStarStar Current Employee in Ashburn, Virginia

    Not enough choices and the fees are high in comparison to what the platform offers to clients. We emphasize the value in low cost investments though the 401K choices are higher than most of the funds which are available to retail investors.

  • Jun 06, 2017
    StarStarStarStarStar Current Investment Consultant in Manchester, Connecticut

    has low cost index options. has most asset classes. Has high admin fees for low balances

  • Apr 21, 2017
    StarStarStarStarStar Former Employee in Indianapolis, Indiana

    below average with investment choices


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