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Jag_Warrior
Virginia Fan
Virginia
Member since May 2015
654 posts

re: What's your employer contribution to your 401K?
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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10
Mr. Curious
LSU Fan
God's Country
Member since Aug 2004
354 posts

re: What's your employer contribution to your 401K?
No Match.
1 to 4 years with company 2.5% of Salary
5 to 9 years 5 %
10 years and over 10%


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20
VADawg
Georgia Fan
Akron
Member since Nov 2011
9377 posts

re: What's your employer contribution to your 401K?
100% up to 3%, 50% for the next 2%


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fjlee90
LSU Fan
Baton Rouge
Member since Nov 2016
576 posts

re: What's your employer contribution to your 401K?
Company contributes 10% regardless of my contribution. No matching.

FWIW I put in 10% on top of that.


FriscoTiger
LSU Fan
Frisco, TX
Member since Aug 2005
957 posts

re: What's your employer contribution to your 401K?
100% match on the first 4.5%. But we do have a share save plan that allows you to put up to 10% of salary in a savings account and purchase stock twice a year at a 15% discount.


Teddy Ruxpin
LSU Fan
Austin, TX
Member since Oct 2006
30030 posts

re: What's your employer contribution to your 401K?
How long is the holding period after purchase?


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USA
Member since 2001
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cubsfinger
Chicago Cubs Fan
Member since Mar 2017
332 posts

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

50 cents on the dollar up to 5%,


This is what I receive also and I take advantage of the free money but I think we're getting shafted after seeing what everyone else gets


Jag_Warrior
Virginia Fan
Virginia
Member since May 2015
654 posts

re: What's your employer contribution to your 401K?
No, these are the people getting shafted:

quote:

49% of employers with 401K plans match 0%


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20
Croacka
Chicago Cubs Fan
Denham Springs
Member since Dec 2008
59846 posts

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

but I think we're getting shafted after seeing what everyone else gets


This thread is no indication of the normal 401k plans out there


I have a very very good plan at work and it's run of the mill according to this thread.

I'd say 90% of this thread is well above the averages


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Shenanigans
Middle Tennessee Fan
Member since Nov 2012
1697 posts

re: What's your employer contribution to your 401K?
My employer doesn't match shite. Definitely the biggest drawback to working there, but we do have a very solid medical plan and other comp is above average for the industry.

There is talk of matching in 2018, but I'm not holding my breath.

I'm just putting away as much as I can on my own and counting anything else as icing if it ever happens.



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10
bobaftt1212
Virginia Tech Fan
Hills of TN
Member since Mar 2013
1139 posts

re: What's your employer contribution to your 401K?
they match 5% and give 4.5% in lieu of the pension that ended a couple of years ago.


igoringa
LSU Fan
Tejas
Member since Jun 2007
10580 posts
 Online 

re: What's your employer contribution to your 401K?
Self employed solo 401k. In addition to standard 18k can put another 25 percent of income up to 36k bringing total to 54k. I am happy!


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