294 employees reported this benefit
SunTrust offers a 401(k) plan for eligible employees with up to a 6% match.
This information about the 401K Plan benefit at SunTrust is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of SunTrust. The description here may not reflect the current SunTrust 401K Plan benefit.
Pretty basic plan, with employer matching up to 3%
The best part about the 401k is they match you up to 6% and after 2 years of work it’s vested
They will match your 401k after probationary period. Option to pull from once you leave or as a loan while working.
Pursue a life well spent with special days off, including the Day of Purpose, which is dedicated time off to focus on improving your financial well-being . In between, work, play, help others, take care of yourself---SunTrust offers employee benefits that focus on finding physical, financial and mental well-being in every aspect of your life, from the office to your family.
You receive the basic minimum match of 6 %
Great way to plan for the future with a couple dozen investment options
Nice 401k match at 6%, but the employer match follows a cliff vesting schedule and only becomes 100% vested after 2 years of employment.
Up to 6% match on employee contributions. Fully vested after 2 years of employment. Option to take up to 2 loans out on your 401k for prime rate...”
Up to 6% match on employee contributions. Fully vested after 2 years of employment. Option to take up to 2 loans out on your 401k for prime rate + 1% for interest rate.
The benefits package was very good!