Sinclair Broadcast Group Employee Benefit: 401K Plan | Glassdoor

Sinclair Broadcast Group 401K Plan

Updated Nov 01, 2016

66 employees reported this benefit

2.5
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Employer Summary

Employees are eligible to join the Plan on the first day of the month after 75 days of employment. In order to be eligible for the discretionary Company Match you must first complete one year of service with the Company. You are eligible for the discretionary Company Match in subsequent years if you work as least 1000 hours in that year and are employed on the last day of the year.


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Employee Comments

Showing 1–6 of 6
  • Nov 02, 2018
    StarStarStarStarStarEmployee

    Takes a year for 4% match

  • Dec 14, 2017
    StarStarStarStarStar Former Newscast Producer in El Paso, Texas

    Good! They force you to have one.

  • Aug 14, 2016
    StarStarStarStarStar Current Employee in Seattle, Washington State

    The plan is pretty basic, although the match is really low and you don't get it if you leave the company before the end of the year, or if the board of directors doesn't feel like giving a 401k match at the end of the year.

  • Mar 23, 2016
    StarStarStarStarStar Current Software Engineer in Seattle, Washington State

    Waiting period for contribution is up to 3 months (1st of the month following 75 days of employment)... and matching amount is trivial (1/2% match per 1% of contribution, up to 2% total match)

  • Oct 15, 2015
    StarStarStarStarStar Current Employee in Baltimore, Maryland

    It takes 6 years to be fully vested and you only get .50 on the dollar up to 4%

  • Jul 17, 2015
    StarStarStarStarStar Current Editor in Tulsa, Oklahoma

    The matching is discretionary and it's once a year. If you leave before the end of the year and do not work when they match, you don't get matched at all.

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