251 employees reported this benefit
Stanford University offers retirement plans.
Employer Verified Available to US-based employees (Change location)
Above average 401k plan. One down side is there is nothing for the first year.
Great matching plan after a few years
Match was great and seems account well-managed
Fidelity is professional and helpful
No retirement plan for trainee title.
The best thing is the automatic contribution
matching contribution and also when you retire i think the university adds to your pension -- you should confirm but i recall coworkers who made sure they retired at stanford
As far as I know retirement benefit is unmatched in Bay Area - up to 10% of the salary contributed towards the 401k which adds up to a hefty sum. University does a good job encouraging contributions.
The retirement plan is good but could be better. Stanford can't match the pay of other silicon valley companies, so they should give more for retirement.
They contribute up to 10% which is great compared to other employers in the area!