State Farm 401K Plan

959 employees reported this benefit
Updated Jul 21, 2014
3.4
195 Ratings

Employer Summary

A 401(k) plan with some company match is available to eligible State Farm employees.

Employer Verified Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 195
Nov 19, 2020
Current Employee

401 K plan is resonably considering

Oct 29, 2020
Former Employee

they do not have a 401k plan you purchase a plan through their financial dept

Aug 7, 2020
Current IT Architect in Richardson, Texas

Match amount is not industry standard. However, you get a pension but that requires a lot of investment of your time at one company for it to be worth wild. I would prefer a better 401k since IT folks don't stick around typically longer than 3 years.

Apr 12, 2020
Current Employee

Most years as long as certain targets are reached as a company they will put a set amount into the 401k.

Apr 2, 2020
Current Employee

Good benefits, could be better but agency is a small business

Apr 1, 2020
Former Claims Team Manager in Duluth, Georgia

They offer one, but they really don't match; only up to $900.

Mar 30, 2020
Former Actuarial Analyst in Bloomington, Illinois

Terrible ($1,200 match per year max) but I heard they changed it. Might be better now.

Mar 27, 2020
Current Bank Operations Representative in Earth City, Missouri

They added $300 to our 401K plan as an incentative

Mar 25, 2020
Current Customer Service Representative in Richardson, Texas

You get to decide how much you want to put in if any.

Feb 26, 2020
Current Claims Representative in Richardson, Texas

Great Benefits and 2 weeks of PTO when you start

Viewing 1-10 of 195