310 employees reported this benefit
I don't remember the details, but I believe that Siemens contributes with 4%.
After 3% of investment, the company will match
They match up to 6%
Not bad to match 6% contribution
It takes too long to grow this benefit.
I did not receive any benefits for this position. This was an internship. Therefore I cannot give an accurate summary.
Typical dollar for dollar matching 401k plan, both Roth and traditional are offered. Must meet vesting time periods to own what was matched by company.
Company makes matching contributions to a certain extent.
Excellent plan..and Siemens stock was much better than AT&Ts who I had previously worked for. You only had to wait 3 months to be on the stock plan.
6% 401k match is as good as I've seen anywhere