36 employees reported this benefit
Xilinx has a 401(k) plan for employees.
adequate options, good management of program
reasonable plan with reasonable choices.
The investment choices are satisfactory.
50% match up to 10% of yearly salary
Very good matching on 401k
Great matching and many investment options within the 401K plan
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.