217 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.
401k is pretty standard for the industry with company match. It takes three years to become fully invested, again pretty standard in my opinion. Contribute up to the company match at the minimum or you are throwing money away.
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.
Superb; company matches up to 6% of base salary with annual maximums
Comprehensive and compatible with peer companies