125 employees reported this benefit
Wayfair offers a 401K program with company matching to their employees.
The 401K plan at Wayfair is very good! Wayfair's contribution matching vests right away from day one of your first contribution.
They have some good retirement plans for different investment scenarios.
I put in 300.00 per week and they put in 120.00. strange but great plan.
the plan is pretty standard
Wayfair matches your 401K contributions starting Day 1 up to 4%, with 1:1 ratio for the first 3% and then 0.5% for the next 2%. So if you contribute 3% Wayfair will match at 3%. If you contribute 4% Wayfair will contribute 3.5%, and if you contribute 5% or more, Wayfair will max out their contribution at 4%.
Matches 5% (100% of the first 3% and 50% of the next 2%)
Company will match up to a certain %. Kicks in Day 1 which is nice.
Up to 4% match from day 1
best is that they match up to 8% i think? worst is that it takes 5 years to gather it
It vests immediately which is awesome!