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10/20/2017 1:01:18 AM
9/22/2017 12:11:25 AM
Posted: 7/28/2005 1:42:07 PM EDT
[Last Edit: 7/28/2005 2:07:37 PM EDT by GC456]
$3.36 here

Edit to add: I can only contribute 2% of my pay.

What about you guys?
Link Posted: 7/28/2005 1:45:21 PM EDT
Mine matches dollar for dollar up to 6% of my salary.
Link Posted: 7/28/2005 2:10:16 PM EDT
Looks like I"m getting screwed, match 50% up to 6% of salary
Link Posted: 7/28/2005 2:17:10 PM EDT

Originally Posted By AssaultRifler:
Looks like I"m getting screwed, match 50% up to 6% of salary



That's standard for the majority of companies. Getting screwed would be if they don't match anything.
Link Posted: 7/28/2005 4:13:50 PM EDT
I work for NYC, they're too cheap to match anything....
Link Posted: 7/28/2005 4:15:43 PM EDT

Originally Posted By ChrisLe:
I work for NYC, they're too cheap to match anything....



That sucks!
Link Posted: 7/28/2005 4:16:02 PM EDT
Ours had been to match dollar for dollar up to 6%. now no match at all.
Link Posted: 7/28/2005 4:16:34 PM EDT
Finally got some matching this year - $0.50 per dollar
Link Posted: 7/28/2005 4:32:04 PM EDT
1:1 up to 3%.

Oz
Link Posted: 7/28/2005 4:34:13 PM EDT

Originally Posted By gus:
Mine matches dollar for dollar up to 6% of my salary.



Exactly my scenario.....
Link Posted: 7/28/2005 4:39:41 PM EDT
Link Posted: 7/28/2005 4:41:50 PM EDT
They will match 50 percent up to 4 percent of my pay. not much but better than nothing
Link Posted: 7/28/2005 5:58:10 PM EDT
Mine started out in 1987 with 10% match on the first 6%. Small, but it was a start for a small but growing telco. The following year it went up to 25%-6% then to 50%-6%. The company has been matching 60%-6% for about 5yrs now. They have, at the end of some years, authorized an additional 5% "discretionary match"
Link Posted: 7/29/2005 7:52:18 AM EDT

No match as I'm covered by a pension plan. The 401K is an extra if you want it.
Link Posted: 7/31/2005 5:11:40 PM EDT
I get no match. However, this is not so bad. We are all in a profit sharing plan, which usually contributes 8% of your wages. The 401k is optional. The 401k has the usual options, while the profit sharing has only 3, and the last 2 options are not available until you are 55.

Long as they pay the 8%, and as long as their managers do reasonably well, I am quite satisfied.
Link Posted: 7/31/2005 5:15:10 PM EDT
1:1 up to 5% of my salary.
Link Posted: 8/10/2005 11:45:20 AM EDT
My 401-k plan matches 50% of what I contribute, to a maximum of 6% thereof.

So, if I contribute only 6% of a hypothetical salary of $ 100,000, then:

my contribution = $ 6,000, and my employer matches 50% of that 6% = $ 3,000


If I were to increase my contribution to 12% of that same salary, then:

my contribution = $ 12,000, and my employer then matches 50% of that 6% = $ 6,000


Link Posted: 8/10/2005 11:58:37 AM EDT
1. 401k: 1:1 to 4%

2. Cash balance pension plan: 5%

3. Stock ownership account: 2%

Link Posted: 8/10/2005 12:09:28 PM EDT
This year:

3:1 on the first 2% I contribute
1:1 on the next 4%
Link Posted: 8/13/2005 3:15:20 PM EDT
50% on up to 10% of my income
Link Posted: 8/13/2005 3:29:13 PM EDT
Dollar for dollar on the first 3% then .50 on the dollar for the next 2%. I put in 13% right now. I'm gradually inching it up.
Link Posted: 8/13/2005 3:38:03 PM EDT
dollar for dollar up to six percent. nada after that.
Link Posted: 8/15/2005 10:53:06 AM EDT
Dollar for Dollar up to 5% then they throw in 3% on top of that regardless of how much the employee contribution is.
Link Posted: 8/15/2005 10:58:04 AM EDT
The Company I work for droped the match down to $.50 on the dollar this year to be more competitive in the marketplace
Link Posted: 8/16/2005 4:39:52 PM EDT
50% up to $500, and then 6% of my yearly wage.
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