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6 percent match and good plan sponsor. I would say it’s a pretty good benefit and am glad that they offer the match. Wealth management advisors from the bank are also available to review the plans with employees.
With the recent consolidation to Principal, things were looking up. The immediately vesting 6% match of employee 401(k) contributions were appreciated.
This plan is just like all their other plans. They make it look good for awhile, but then they will come in and change it whenever they want. They will not consider how it affects everyone in the organization. If it benefits the upper management, then that's all that matters.
they matched 6 pct to your input into the 401 plan