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Started By
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2
Posted on 1/12/15 at 12:35 pm to TigerDeBaiter
quote:
We're 50% of the first 6%, so basically 3% max. I think its "ok" for the size of the company... Certainly not great, but I'm grateful to have something.
This is the same for my company. Every year we have gotten a profit sharing bonus applied to our 401(k) that varies between 1.5% to 2.5% in addition to the 3% match I already received. Other companies with similar work as mine offer anywhere between 2% - 4% 401(k) match
Posted on 1/12/15 at 1:34 pm to Lee Chatelain
Considering my company doesn't do any match I'd say that is good.
Maxing out my 401k on my own and also traditional IRA so I guess i'm good. Place is awesome to work for they pay 100% of our health insurance, cell phone, dental, vision so I guess it all averages out.
Maxing out my 401k on my own and also traditional IRA so I guess i'm good. Place is awesome to work for they pay 100% of our health insurance, cell phone, dental, vision so I guess it all averages out.
Posted on 1/12/15 at 2:01 pm to tigersnipen
If they pay 100% of your family health plan, yea that's a winner. If you're single and dependent coverage is your responsibility, your employer is getting over.
Posted on 1/12/15 at 2:12 pm to iknowmorethanyou
quote:
If they pay 100% of your family health plan, yea that's a winner. If you're single and dependent coverage is your responsibility, your employer is getting over.
Not single, Entire family is being paid for so I rationalize that all in all i'm coming out ahead.
Posted on 1/12/15 at 2:25 pm to Lee Chatelain
My company matches 4% if you contribute 5%.
In addition, there is profit sharing that goes into it, but obviously the percent changes from year to year.
In addition, there is profit sharing that goes into it, but obviously the percent changes from year to year.
Posted on 1/12/15 at 11:35 pm to TheIndulger
quote:
put in 5, company puts in 14 for total of 19%
We have a winner
Posted on 1/13/15 at 12:10 pm to TheIndulger
This is my first experience with a 401k but my company does a 50% match up to the Federal limit and gave us a year end bonus of 6% of total salary added. I've been told this is pretty good?
Posted on 1/13/15 at 12:49 pm to Lee Chatelain
bout middle of the road...I think if you can get a 8% match then thats pretty good.
Regardless max that match out at the very least.
Regardless max that match out at the very least.
Posted on 1/13/15 at 11:12 pm to Sisyphus
That doesn't sound bad. My company matches 100% up to 6%. Profit sharing has averaged and additional 3% per year over the last decade. I don't know if there are conditions to get the additional 3% but I'm getting matched almost 10% of my salary.
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