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re: What's your employer contribution to your 401K?
Posted on 9/21/17 at 10:05 pm to Northwestern tiger
Posted on 9/21/17 at 10:05 pm to Northwestern tiger
Mine matches 100% up to 6% of salary (including bonus). Then there is an additional 0-4% based on company performance. It's averaged about 2% so I've been getting around 8% total match.
Posted on 9/21/17 at 11:14 pm to Northwestern tiger
200% up to 6% plus additional 6% profit sharing, the main reason I stay with them.
Posted on 9/21/17 at 11:17 pm to Northwestern tiger
3% regardless of what you do plus
100% up to 5% plus
Profit sharing (non-existent the past couple of years)
100% up to 5% plus
Profit sharing (non-existent the past couple of years)
Posted on 9/22/17 at 12:38 am to cave canem
Wow that's pretty solid.
I put in 5% to get 7% company match, plus additional 7% profit sharing
I put in 5% to get 7% company match, plus additional 7% profit sharing
Posted on 9/22/17 at 12:54 am to Northwestern tiger
My company contributes 50 cents for every dollar I contribute, up to 15%. I think that's pretty good, but not sure how it stacks up to other plans. In any case, I max it out because it's free money.
Posted on 9/22/17 at 1:16 am to fly2fish
Match up to 7% and automatic "profit sharing" of 6.5%, so 13.5% plus my 7% = 20.5%. Amazing plan too.
Posted on 9/22/17 at 1:32 am to Northwestern tiger
50% on the dollar up to 6%, we get others essop as well. In reviewing some other posts - there are some sweet programs out there. I'm allowed to contribute up to $60,000 (any amount over $24000 is taxed)
Posted on 9/22/17 at 5:40 am to Northwestern tiger
First 5 years - 2.5% of salary
After 5 years - 5% of salary
After 10 years - 10% of salary
And we have a pension
After 5 years - 5% of salary
After 10 years - 10% of salary
And we have a pension
This post was edited on 9/22/17 at 5:41 am
Posted on 9/22/17 at 6:42 am to Jason9782003
Pretty sure I know who you're talking about. Those percentages are automatic - no match required on your part which is nice.
Posted on 9/22/17 at 7:33 am to Northwestern tiger
Company contributes 6% of my pay.
I contribute 17%.
I contribute 17%.
Posted on 9/22/17 at 7:46 am to Northwestern tiger
.50 up to 10% of salary.
Posted on 9/22/17 at 7:48 am to Gorilla Ball
quote:?? The max contribution limit for 2017 is $18,000.
(any amount over $24000 is taxed)
Posted on 9/22/17 at 8:43 am to Gorilla Ball
2% min and they match 8%. With the automatic 1% increase I am at 16% pre and 2% post. Plus we have a pension. Not a bad deal at all.
Posted on 9/22/17 at 9:00 am to LSUOFFSHORE
Based off of these replies my companies 401k match sucks.
Posted on 9/22/17 at 9:03 am to Northwestern tiger
I put in 4%, they put in 2%, not great but it's something.
Posted on 9/22/17 at 9:04 am to TunaTime
We get the standard 100% up to 5% match.
Seems like there are a lot more generous plans out there.
Seems like there are a lot more generous plans out there.
Posted on 9/22/17 at 9:09 am to Epic Cajun
quote:
I put in 4%, they put in 2%, not great but it's something.
This is our plan match as well. Our fund options are pretty pitiful to boot. We have over 50 fund choices and all but 2 have expense ratios over .50%. Many have load fees. It's really a shame how poorly some of these 401ks are crafted.
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