60 employees reported this benefit
TIBCO has an employer-matched 401(k) plan for employees.
company provides good match contribution
Employer matches the contributions
4.5% match rate is decent compared to other tech companies in the industry. The retirement plan provider is Fidelity, which is okay as there are numerous options.
I think it is pretty industry standard
Company match up to 5%
Match is 100% to 4%, 50% to 6%. Fidelity is provider and choice of funds and how to manage is good, from advisor-managed to profile-guided/advised to completely self-managed. Includes option to add brokerage connected to 401k so that you can trade outside the choices.
OK, could be better, can be improved
TIBCO offers immediate vesting with a 4% match on the first 6% in the plan; There are reasonable but not extensive investment options available in the plan
They are very good at picking out the best investment option for their employees to choose from.
Good Employer contribution which is on adhoc basic and was a much appreciated benefit.