Wipro Employee 401K Plan | Glassdoor

Wipro 401K Plan

224 employees reported this benefit

3.2
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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 39
  • Jul 23, 2017
    StarStarStarStarStarEmployee

    No employer match for initial 18 months of employment. After the initial period, the maximum match is capped at 3% of 90K of your salary. Beware, Wipro does not allow employees to transfer the 401K funds after leaving the company for 6 months, that includes the money contributed by employee from salary, with zero match from employer. The company is having 20K employees in US approx. and suppose each one having an average 100K USD balance in 401K plan, that would mean that the company is holding 20 billion USD of employee's 401K funds and using that money for doing business and gaming stock market. Not sure how far this one is legal though.

  • May 15, 2017
    StarStarStarStarStar Current Project Manager in Boston, Massachusetts

    You will not see any clear guidelines how to enroll for 401K . If you are a genius you will fgure out after

  • Jan 23, 2017
    StarStarStarStarStar Current Employee in Dublin, Ohio

    Company contributes to 401(k) plan upto 6%

  • Jan 19, 2017
    StarStarStarStarStar Current IT Asset Management Analyst in East Hanover, New Jersey

    i hear its great but have yet to enroll smh

  • Nov 14, 2016
    StarStarStarStarStar Current Project Manager in Lexington-Fayette, Kentucky

    Anything from good to excellent.

  • Oct 18, 2016
    StarStarStarStarStar Former Employee in Chicago, Illinois

    Industry average 401k with Principal..

  • Oct 17, 2016
    StarStarStarStarStar Current Oracle Database Administrator in San Jose, California

    Good 401K plan and health benefits. Pretty Neutral overall as its mostly in consulting so depends how is

  • Sep 23, 2016
    StarStarStarStarStar Current Employee in New York, New York State

    good 401k plan for new joinees

  • Aug 30, 2016
    StarStarStarStarStar Current sr software interview in Austin, Texas

    wipro adds to the deductibles

  • Aug 28, 2016
    StarStarStarStarStar Current Technical Lead in Lone Tree, Colorado

    match upto 3.5% of base salary


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