Software AG Employee Benefit: 401K Plan | Glassdoor

Software AG 401K Plan

Updated May 05, 2016

22 employees reported this benefit

4.2
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Employer Summary

Software AG has a comprehensive 401k plan with a generous 100% dolllar for dollar match on the first 5% of your deferrals. There are 15 different fund election options (pre-tax or Roth) in addition to a self directed brokerage feature where you can select your own funds.


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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 11
  • Apr 11, 2019
    StarStarStarStarStar Former Employee in San Jose, California

    Has company matching upto a certain limit

  • Mar 17, 2019
    StarStarStarStarStarEmployee

    Keep in mind that 401k is vested over 4 years at 25% per year.

  • Nov 09, 2017
    StarStarStarStarStar Current Systems Engineer in Reston, Virginia

    Dollar for dollar matching; up to 5% of salary. Has helped me save for retirement.

  • Jul 19, 2017
    StarStarStarStarStar Former Finance Director in Reston, Virginia

    Company match on first 3%, sliding scale company match up to 5%

    Software AG Response

    Dollar for Dollar match of the first 5% of your contribution (industry average is 3%)

    Software AG Response

    Dollar for Dollar match of the first 5% of your contribution (industry average is 3%)

  • Apr 26, 2017
    StarStarStarStarStar Former Marketing Manager in Reston, Virginia

    Does employee matching for 401K at X% which is average.

    Software AG Response

    Significantly above average :-)

  • Mar 06, 2017
    StarStarStarStarStar Current Principal Consultant in Reston, Virginia

    Offer me security for my future, and to accrue additional income and security for my future through systematic savings. The enrolled was automatically and I can select a different deferral rate.

  • Oct 11, 2016
    StarStarStarStarStar Current Employee in Reston, Virginia

    I like the 5% matching funds.

  • Feb 03, 2016
    StarStarStarStarStar Former Employee in Reston, Virginia

    Limited choices for investments in 401(k).

    Software AG Response

    14 different investment options in addition to a brokerage account option to choose from

    Software AG Response

    14 different investment options in addition to a brokerage account option to choose from

  • Jan 22, 2016
    StarStarStarStarStar Current Middle management in Santa Clara, California

    100% match for first 5% contribution

  • Sep 14, 2015
    StarStarStarStarStar Former Employee in Chicago, Illinois

    Good choice of a diversified set of investments.


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