28 employees reported this benefit
Free food, discount on shows
They only match 2%, it's manage by Principal
The Wynn has started matching 401K again in the past couple of years.
Getting better but still garbage
Getting better but still scores an embarassing 30 on the Forbes 401(k) chart. They will match 50% of up to 6% of your contribution (meaning 3% max). So if you make 50k, and put in 6% ($3000), they will add an additional $1500. If you make $100k, put away $6000, they will add $3000. This benefits those who make more, not those interested in saving more. I max out my fund at $18,000 this year, their matching portion will be 3% of my total income (around $70k, or $2100 match). The better plans I've seen will match on what you put in, not on what you make. Out of 150 companies Forbes listed in 2014?, they finished 149th. Company cares little about helping you retire. Last year they had a "billboard" downstairs telling the employees we could rest easy for our retirement since they were contributing $750 for each employee. Lol. Oh stop, please, you're being so generous. 750 bucks, insulting.
Getting better but still scores an embarassing 30 on the Forbes 401(k) chart. They will match 50% of up to 6% of your contribution (meaning 3% max). So if you make 50k, and put in 6% ($3000), they will add an additional $1500. If you make $100k, put away $6000, they will add $3000. This benefits those who make more, not those interested in saving more. I max out my fund at $18,000 this year, their matching portion will be 3% of my total income (around $70k, or $2100 match). The better plans I've seen will match on what you put in, not on what you make. Out of 150 companies Forbes listed in 2014?, they finished 149th. Company cares little about helping you retire. Last year they had a "billboard" downstairs telling the employees we could rest easy for our retirement since they were contributing $750 for each employee. Lol. Oh stop, please, you're being so generous. 750 bucks, insulting.
Getting better but still scores an embarassing 30 on the Forbes 401(k) chart. They will match 50% of up to 6% of your contribution (meaning 3% max). So if you make 50k, and put in 6% ($3000), they will add an additional $1500. If you make $100k, put away $6000, they will add $3000. This benefits those who make more, not those interested in saving more. I max out my fund at $18,000 this year, their matching portion will be 3% of my total income (around $70k, or $2100 match). The better plans I've seen will match on what you put in, not on what you make. Out of 150 companies Forbes listed in 2014?, they finished 149th. Company cares little about helping you retire. Last year they had a "billboard" downstairs telling the employees we could rest easy for our retirement since they were contributing $750 for each employee. Lol. Oh stop, please, you're being so generous. 750 bucks, insulting.
They used to match 2-for-1 up to 5% of your salary, then 1-for-1 for the next 5%, but then it changed to only 1-for-1 for only 5%.
Good-company will match up to 3% of your salary which is free money. many people are craxy and don't participate.
Run of the mill took plan
Wynn Resorts Response
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