418 employees reported this benefit
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.
Could. Be better plus you have to wait 1 year for matching
Excellent plan, and matching contributions. Also, US Bank investment reps were always willing to give advice & answer any questions.
You only get 30 days to decide to opt into the 401k plan when you first start working there.
4% match with is pretty standard
The 401k is a good plan; the only down fall is if you don't meet the 4% then you can't get the match from the company. But not everyone can be able to do the 4% unless they get a raise or make more in each paycheck.
It was an adequate benefit
They don't ask if you want the 401k, they just start automatically deducting it from your pay check
4% match. But only 1x a year so you miss 12 months of gains.
Limited choice of investment options
The match up to 4% per year for your 401K