U.S. Bank Employee Benefit: 401K Plan | Glassdoor

U.S. Bank 401K Plan

Updated Jul 20, 2014

443 employees reported this benefit

3.5
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Employer Summary

U.S. Bank offers a 401(k) Savings Plan.

This information about the 401K Plan benefit at U.S. Bank is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of U.S. Bank. The description here may not reflect the current U.S. Bank 401K Plan benefit.


Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 169
  • Apr 26, 2018
    StarStarStarStarStar Current Employee in New York, New York State

    Matching is also somewhat less than other firms.

  • Apr 16, 2018
    StarStarStarStarStar Current Project Analyst in Oshkosh, Wisconsin

    Not vested until employed for three years, so no company match until then

  • Mar 20, 2018
    StarStarStarStarStar Current Bank Teller in Crossville, Tennessee

    Good company match with the 401k, can start contributing the first month.

  • Mar 14, 2018
    StarStarStarStarStar Former CDO Portfolio Administrator II in Chicago, Illinois

    Pretty standard plan, 4% safe harbor match. One year of service to be eligible for match.

  • Mar 09, 2018
    StarStarStarStarStar Current Employee in Milwaukee, Wisconsin

    Company only does annual match and does not match for the first year of employment. By only matching once a year you lose out on potential compounding interest. 4% match

  • Feb 27, 2018
    StarStarStarStarStar Former Employee in Plymouth, Minnesota

    standard practice in the bank industry

  • Feb 26, 2018
    StarStarStarStarStar Former IT Business Systems Analyst in Minneapolis, Minnesota

    They match 100% on the first 4% and do not let you start contributing until one year of service is completed. Other companies of this size match 100% of the first 5 or 6 %. They do offer a pension, which a lot of companies no longer do.

  • Jan 24, 2018
    StarStarStarStarStar Current Universal Banker in Little Rock, Arkansas

    Up to a 4% match and low management fees for a basic target date plan.

  • Oct 17, 2017
    StarStarStarStarStar Former In-Store Branch Manager in Saint Louis, Missouri

    Excellent plan, and matching contributions. Also, US Bank investment reps were always willing to give advice & answer any questions.

  • Oct 05, 2017
    StarStarStarStarStar Current Bank Teller in Nyssa, Oregon

    You only get 30 days to decide to opt into the 401k plan when you first start working there.


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