27 employees reported this benefit
Xilinx has a 401(k) plan for employees.
Xilinx match 50% of what the employee contribute, up to a 4% matching maximum. (So employee need to put in minimum of 8% to get the 4%). Not the best, but reasonable.
401k is through Schwab. Company matching is limited and the fund administrators are terrible. It seemed like any fund that actually performed well was removed from the specific offerings to Xilinx employees. After leaving Xilinx, I rolled over 401k to IRA to a different company as fast as I could.
The self-directed option for the Schwab 401(k) lets you incorporate it into your larger finance portfolio and invest in low-cost ETFs and index funds rather than expensive actively managed funds.
Good selection of funds provided, well balanced across large, mid, small cap stocks, growth and value. Similar range of selection for fixed income / bonds.
Well managed plan that offers a wide variety of choice and flexibilitiy