444 employees reported this benefit
Sears offers its employees a 401(k) savings plan.
This information about the 401K Plan benefit at Sears is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Sears. The description here may not reflect the current Sears 401K Plan benefit.
They no longer match your contributions into the program.
company does not contribute anything
The employer does not match what you put in.
No company match anymore
NO matching funds and stock purchase ; who would want to buy sears stock.
i did not get it from this company.
No company match in years, unlike many other companies I have worked for that at least match up to a percentage
AT first sears added money with you, then they stopped that....the 401-ks are a joke.....
It is not worth having this taken from your paycheck because you will not receive much at the end of your employment with the company.
The 401k plan is managed by Aon. It has done well, but has been hard to access once I left to get the funds back out. No company match.