351 employees reported this benefit
Trader Joe's offers a 401(k) plan for eligible employees with some company match.
This information about the 401K Plan benefit at Trader Joe's is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Trader Joe's. The description here may not reflect the current Trader Joe's 401K Plan benefit.
The 401k plan is transferable after you leave the work place. While working for the company and being enrolled to the plan, they match the amount you put in.
20% vested after each year employed. 100% vested by year 6 of employment.
10% salary match at end of year if still employed by 12/31
I don't recall the details of the 401K plan but I do remember having several options
They have a great 10% annual salary contribution to retirement plan
401K is all on the employee. Although, they do have a generous pension type plan.
Really great opportunity to set money aside. They will match up to a certain percantage, and mail you the cut if you are to leave the company.
Good, very good, match contributions, although i was not there very long to take advantage of it.
Instead of a Christmas bonus, you get an equivalent of 10% of your yearly earnings put into your 401k. You can also opt for a percentage of your pay to go directly into your 401k.
After 3 months it starts, and after 6 they begin to match your contribution