Siemens Employee Benefit: 401K Plan | Glassdoor

Employee Comments

Showing 41–50 of 77
  • Dec 09, 2015
    StarStarStarStarStar Current Employee in Atlanta, Georgia

    I really like their matching plan.

  • Dec 08, 2015
    StarStarStarStarStar Former Employee in Malvern, Pennsylvania

    They have an excellent matching program, great to build your 401K. Additionally, it's so easy to monitor as you get online access and you can adjust throughout the year what options you have selected.

  • Dec 07, 2015
    StarStarStarStarStar Current Employee in Cary, North Carolina

    It's a 401K plan that I have nothing to compare to.

  • Dec 06, 2015
    StarStarStarStarStar Current Employee in Charlotte, North Carolina

    401k is 6% match, vested 20% each year. 100% vested after 5 years. Many companies offer all or nothing after 5 years so this is a plus that it is pro-rated.

  • Nov 30, 2015
    StarStarStarStarStar Current Employee in East Walpole, Massachusetts

    Matching up to a certain %

  • Nov 30, 2015
    StarStarStarStarStar Former Employee in Boca Raton, Florida

    Great match with the employees options

  • Nov 14, 2015
    StarStarStarStarStar Current Employee in Alpharetta, Georgia

    The 401(k) is one of the things I detest most about Siemens. It's administered by Aon Hewitt and contains very few funds, they're all proprietary, the performance is abysmal compared to others I've had (Vanguard and Fidelity). There's a company match but it takes five years to vest - and after working here for awhile you'll realize you might not be willing to stay for five years.

  • Nov 10, 2015
    StarStarStarStarStar Current Employee in Denver, Colorado

    Very competitive and easy to set up. The company matches 6% which is really nice because you can grow the account quickly.

  • Nov 05, 2015
    StarStarStarStarStar Current Hardware Engineer in Hoffman Estates, Illinois

    100% match up to 6% of your salary, though 5-year vesting period (pro-rated annually, so 20% year 1, 40% at year 2...).

  • Nov 04, 2015
    StarStarStarStarStar Current Staff Software Engineer in Issaquah, Washington State

    Match to 6%, performance hasn't been all that great. I believe this is most peoples 401k recently however.


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