Warning

 

Close

Confirm Action

Are you sure you wish to do this?

Confirm Cancel
BCM
User Panel

Site Notices
Posted: 7/28/2005 1:42:07 PM EDT
$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
[#1]
Mine matches dollar for dollar up to 6% of my salary.
Link Posted: 7/28/2005 2:10:16 PM EDT
[#2]
Looks like I"m getting screwed, match 50% up to 6% of salary
Link Posted: 7/28/2005 2:17:10 PM EDT
[#3]

Quoted:
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
[#4]
I work for NYC, they're too cheap to match anything....
Link Posted: 7/28/2005 4:15:43 PM EDT
[#5]

Quoted:
I work for NYC, they're too cheap to match anything....



That sucks!
Link Posted: 7/28/2005 4:16:02 PM EDT
[#6]
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
[#7]
Finally got some matching this year - $0.50 per dollar
Link Posted: 7/28/2005 4:32:04 PM EDT
[#8]
1:1 up to 3%.

Oz
Link Posted: 7/28/2005 4:34:13 PM EDT
[#9]

Quoted:
Mine matches dollar for dollar up to 6% of my salary.



Exactly my scenario.....
Link Posted: 7/28/2005 4:39:41 PM EDT
[#10]
Link Posted: 7/28/2005 4:41:50 PM EDT
[#11]
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
[#12]
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
[#13]

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
[#14]
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
[#15]
1:1 up to 5% of my salary.
Link Posted: 8/10/2005 11:45:20 AM EDT
[#16]
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
[#17]
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
[#18]
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
[#19]
50% on up to 10% of my income
Link Posted: 8/13/2005 3:29:13 PM EDT
[#20]
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
[#21]
dollar for dollar up to six percent.  nada after that.
Link Posted: 8/15/2005 10:53:06 AM EDT
[#22]
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
[#23]
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
[#24]
50% up to $500, and then 6% of my yearly wage.
Close Join Our Mail List to Stay Up To Date! Win a FREE Membership!

Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!

You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.


By signing up you agree to our User Agreement. *Must have a registered ARFCOM account to win.
Top Top