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Started By
Message
re: Does your company match 401K deposits?
Posted on 6/8/25 at 9:15 pm to VABuckeye
Posted on 6/8/25 at 9:15 pm to VABuckeye
quote:
Safe harbor plan
We match 4% each paycheck. But this year my age + years of service means 11% safe harbor. Great bonus this (and most) year. They'll have to run me off at this point.
Posted on 6/8/25 at 11:29 pm to LSUbest
50% match up to the limit. So when I max at 23.5k they match with 11.75k
Posted on 6/9/25 at 2:52 am to LSUbest
100% match up to 6% with an additional 2% added in as well. So I guess its 8% I put 10% of my own in so I guess I have 18% of whatever I make per year put in. Not too bad. Helps out considering our pension is mediocre as frick. $52 per year of service per month. So if I do 30 years I'll get $1560/mo in retirement. It's not much but better than nothing,honestly id rather have a bigger 401k match over that.
Posted on 6/9/25 at 9:13 am to TigersHuskers
quote:
TigersHuskers
Do you pay into SS as well? With that, the pension and a healthy 401k youi could have a very comfortable retirement.
Posted on 6/9/25 at 10:04 am to LSUbest
Does your company start with a G? We must work for the same company, as I just received the same news.
Posted on 6/9/25 at 11:44 am to LSUbest
If I contribute 6%, they will match 5%. Then they give an additional 5% regardless of contribution. So 10% overall.
My first job out of college was 10% company contribution, no need to contribute as an individual to get the 10%, 3-year vesting schedule. Talk about SPOILED.
My first job out of college was 10% company contribution, no need to contribute as an individual to get the 10%, 3-year vesting schedule. Talk about SPOILED.
Posted on 6/9/25 at 11:48 am to LSUbest
We get 10% of our salary whether we contribute any ourselves or not , and our salaries are generally on the high end for our area and for most positions here. They treat us well.
This post was edited on 6/9/25 at 11:50 am
Posted on 6/9/25 at 12:31 pm to VolSquatch
I get 50% match up to 6% of my investment (3% if I put in at least 6%). For a small company that doesn't even offer health insurance, this is a nice fringe benefit.
Posted on 6/9/25 at 2:53 pm to LSUbest
We get 100% match up to 6%, 50% match from 7% to 10% and 2% free
So I contribute 10% and get 10%
So I contribute 10% and get 10%
Posted on 6/9/25 at 6:34 pm to Pelican fan99
Matched up to 4% of gross income, invested based on my qtrly input.
I try to front load my inputs into my Roth so I have their match by end of Mar
I try to front load my inputs into my Roth so I have their match by end of Mar
Posted on 6/9/25 at 8:01 pm to LSUbest
Match 17% of my base and bonus.
Posted on 6/9/25 at 11:35 pm to LSUbest
We are the same as your NEW plan...4% match on 6% contribution
1/1/.5/.5/.5/.5
1/1/.5/.5/.5/.5
Posted on 6/9/25 at 11:56 pm to LSUbest
Mine matches my pension contribution 100%
At this point they match up to a certain percentage of my salary. So if I add 20% of salary to my pension contribution, my employer matches it all.
That being said, it’s matched based off of years with the company. Longer you’ve been there, the higher percentage they meet
At this point they match up to a certain percentage of my salary. So if I add 20% of salary to my pension contribution, my employer matches it all.
That being said, it’s matched based off of years with the company. Longer you’ve been there, the higher percentage they meet
Posted on 6/10/25 at 6:33 am to GeauxTigers123
Mine only does 7% which is pretty weak IMO
Posted on 6/10/25 at 4:11 pm to LSUbest
Mine matches $ for $ up to $5,000.
Posted on 6/10/25 at 4:40 pm to LSUbest
Ours is dollar for dollar on the 1st 1% and 50 cents per dollar on the next 5%, for a total of 3.5% if you contribute 6% or more.
Many of us are also grandfathered into a pension that will give 1% per year of service, so mine will be about 15% of my salary for life when I retire. The younger employees that are ineligible for the pension get an additional 2% contributed to their 401k instead.
Many of us are also grandfathered into a pension that will give 1% per year of service, so mine will be about 15% of my salary for life when I retire. The younger employees that are ineligible for the pension get an additional 2% contributed to their 401k instead.
Posted on 6/11/25 at 3:15 am to LSUbest
Major oil company.
6% 1:1 and an additional 6% into a cash balance pension.
6% 1:1 and an additional 6% into a cash balance pension.
Posted on 6/11/25 at 8:41 am to LSUbest
Mine just does 50% on the dollar up to 4% contribution from me (I put in 4, they put in 2).
My wife's company does 80% on the dollar up to 5% from her (she puts in 5, they put in 4).
ETA: apparently I have the shittiest match in this thread
My wife's company does 80% on the dollar up to 5% from her (she puts in 5, they put in 4).
ETA: apparently I have the shittiest match in this thread
This post was edited on 6/11/25 at 8:47 am
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