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re: What's your employer contribution to your 401K?

Posted on 9/26/17 at 7:33 pm to
Posted by Jag_Warrior
Virginia
Member since May 2015
4126 posts
Posted on 9/26/17 at 7:33 pm to
quote:

Average 401K Match

According to the Bureau of Labor Statistics, the typical or average 401K match nets out to 3.5%. Their 2015 National Compensation Survey found that of the 56% of employers who offer a 401K plan:

49% of employers with 401K plans match 0%

41% match a percentage of employee contributions between 0-6% of salary.

10% match a percentage of employee contributions at 6% or more of salary.

The median is a 3% match.


From glancing over this thread, it seems that a good many here have unusually good plans. Similar to my own, yours is roughly average.
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