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228 employees reported this benefit
Employees are immediately eligible to contribute to the Travelers 401(k) plan, and may make either pre-tax 401(k) or after-tax Roth(k) contributions. Travelers matches employee contributions dollar-for-dollar up to 5 percent of eligible pay, up to an annual maximum of $6,500. The vesting period for the matching contributions is three years of service.
Love the fact that it's dollar for dollar but we are also starting to get outpaced by competitors who offer a higher matching percentage.
The 401k plan that is offered is pretty decent with the employer match that they offer of 6%.
Travelers Insurance offers a one to one match up to 5% of your salary. You have the ability to choose which options to invest your plan in.
matching 100% up to a 6%
5% match and good investment options
the 401K matching is generous
matching up to 5 %
A generous match was provided and the company managing it offered some fairly low cost options for investment.
401k plan is great, through Fidelity. Company will match 6% of contributions.
Competitive but it would always be nice to get a higher match.