The Hanover Insurance Group Employee Benefit: 401K Plan | Glassdoor

The Hanover Insurance Group 401K Plan

Updated Dec 22, 2015

64 employees reported this benefit

4.5
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Employer Summary

 

Dollar for dollar match up to 6%, vesting 50% in year one and 50% in year two. A company performance based discretionary 401k award is determined each year as well.


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

Employee Comments

Showing 1–10 of 19
  • Mar 31, 2018
    StarStarStarStarStar Former Project Lead in Worcester, Massachusetts

    Hanover Contributes 100% up to 6%. Not many companies do it these days. This is one of the best and i liked it

  • Nov 29, 2017
    StarStarStarStarStar Current Employee in Worcester, Massachusetts

    6% employer match great plan program

  • Jul 13, 2017
    StarStarStarStarStar Current Underwriting Technician in Worcester, Massachusetts

    Company matches up to 6%.

  • Jan 13, 2017
    StarStarStarStarStar Current Employee in Worcester, Massachusetts

    The best I've heard of - dollar for dollar up to 6%.

  • Oct 25, 2016
    StarStarStarStarStar Current hvac tech/facilities engineering in Worcester, Massachusetts

    I feel it is a good package they have in place,and company match up to 6% isgreat

  • Oct 21, 2016
    StarStarStarStarStar Former Commercial Underwriter in Salem, Virginia

    immediate access. Normal matching as with other companies.

  • Aug 24, 2016
    StarStarStarStarStar Current Director in Worcester, Massachusetts

    401k is great, solid company match and depending on business performance, drops a little something extra into your retirement account at year end!

  • May 13, 2016
    StarStarStarStarStar Former Employee in Boston, Massachusetts

    The 401 K plan is managed by Fidelity and is excellent.

  • Apr 20, 2016
    StarStarStarStarStar Current Employee in Worcester, Massachusetts

    The Hanover Insurance Group matches your contributions up to 6% which is extremely helpful when trying to save for retirement.

  • Apr 04, 2016
    StarStarStarStarStar Current Senior Business Analyst in Worcester, Massachusetts

    401K match up to the first 6%


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