A brief survey on your company's 401(k)

In My Humble Opinion
21

  1. Large financial services company. Approx. 110,000 employees.

  2. How much, if any, of your 401(k) contribution does your employer match?

100% match up to 4% of my annual salary. I am currently contributing 12% of salary so practically it works out to a 33% match for me.

One thing to note is that the employer match is in company stock not in similarly diversified portfolio.

  1. How long does it take for you to be 100% vested in your company’s 401(k) matching contributions?

Immediate.

  1. Does your company also have a profit-sharing plan? If yes, does the company put money into the PS plan and into the 401(k), or just one or the other?

No.

  1. If you do have a PS plan, how much (percentage-wise) does the company put into the PS plan?

No.