Silicon Valley Bank Employee Benefit: 401K Plan | Glassdoor

Silicon Valley Bank 401K Plan

Updated Aug 24, 2016

51 employees reported this benefit

4.4
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Employer Summary

Employees can invest up to 75% of pre-tax pay in any one of the many investment options offered through Fidelity. SVB matches the first 5% contributed dollar-for-dollar and the contributions are immediately 100% vested. SVB also offers an additional catch-up contribution to employees age 50 and over.


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Employee Comments

Showing 1–9 of 9
  • Feb 02, 2018
    StarStarStarStarStar Former Employee in Palo Alto, California

    good; but 5 years vesting period

  • May 13, 2017
    StarStarStarStarStar Current Employee in Santa Clara, California

    standard comparable to other big banks

  • Jan 19, 2017
    StarStarStarStarStar Former Administrative Assistant III in Palo Alto, California

    Great stock options and 401K program.

  • Nov 28, 2016
    StarStarStarStarStar Former Sr. Systems Administrator II in Tempe, Arizona

    There 401k program was pretty good. The amount they matched was at industry average or a little more. It also vested 100% without having to wait.

  • Nov 22, 2016
    StarStarStarStarStar Former Employee in Santa Clara, California

    Standard 401K plan managed by Fidelity.

  • Sep 26, 2015
    StarStarStarStarStar Former Administrative Assistant III in Santa Clara, California

    excellent plan, senior management is very happy help you with your options as well

  • Mar 22, 2015
    StarStarStarStarStar Current Employee in Santa Clara, California

    Fully vested from start date.

  • Dec 09, 2014
    StarStarStarStarStar Former Employee in Salt Lake City, Utah

    I believe it is a 5% match on all employee matches.

  • Sep 13, 2014
    StarStarStarStarStar Current Employee in Tempe, Arizona

    5% and immediate vesting. Need I say more.

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