Does your company match 401K deposits?

Mine does 1:1 match up to 6%, but they also do an additional 6% for people hired prior to a certain year. So I put up 6%, they do 12%.

I also get a 15% bonus that can be more depending on company performance.

Although you raises are about 3% no matter how well you perform.

I have no idea what my company matches on my 401k. I’m capped at 6% so I put in 12k to 14k per year and my company puts in anywhere from 90% to 175% through the match and esop.

Mine does 50% up to 6% and then they will add a variable % based on profit for the last year.

We were 1:1. Up to 6%. But that changed about 8 years ago when it went 1:1 till 3% then 0.5:1 (or 5%) to get a 4% total match.

Mine matches 8% for a 2% contribution. 4% for a 1% contribution.

4% Automatic contribution, plus 50% of the 1st 8% matching contribution.
It’s their weird way of saying 1:1 on up to 8%

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4% Automatic contribution, plus 50% of the 1st 8% matching contribution.
It’s their weird way of saying 1:1 on up to 8%

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Then it’s a Safe harbor plan. They must contribute whether the employees participate or not.

Mine matches 7%. One of the better ones I know of

100% first 3% then 50% the next 2%, think this is the most common match system on fidelity but it kind of sucks

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Then shame on you. It’s in your employee handbook and if your company is giving free money you damned well should know what the match is.

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I’ve been there 23 years

I’m getting it just don’t know the percentage matched. I’m not sure if it’s set in stone because it changes every year.

I put in my typical 12k to 14k and they usually put in 20k to 23.5k on top of what I put in. Last year for some reason it was only 14k but 2023 was almost 24k so it really is all over the place.

I just read and our board of directors determine the amount of 401k match every year so I have no clue what it’s going to be every year. It seems to be 3% to 5% every year but then the esop and profit sharing make up the rest.