63 employees reported this benefit
TIBCO has an employer-matched 401(k) plan for employees.
The company automatically offers a six percent match unless you tell them not to.
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.