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11% and the standard in my sector, which includes a lot of very established Fortune 200-300 companies, is 10-12%
I don’t know where these 20-25% comes from but that seems totally unsustainable - either because they’re paying market rate base and won’t be able to keep up that level of match or because they’re lose talent if their base comp isn’t market rate. |
| Damn. My husband has never worked for a company that matches, and I haven’t in years. Do freelance now. |
I think a lot are non-profits, where the pay can be very low in comparison to other private sector and even government jobs. |
NP I don’t think the company name given would help anyone identify you if your company a few thousand employees. it would be good to know. Otherwise how is this thread helpful? |
| I used to get my contributions matched up to 5% of my contributions. It's been zero over the past 15 years (three different employers). |
AAMC. Its a company wide benefit. |
https://www.aamc.org/about-us/aamc-jobs/aamc-benefits |
| 12% of salary contribution regardless of what the employee contributes. Non-profit |
This is ours too. I'm a new employee and turning 50 this year, curious if this would apply to the catchup contribution but expect that it wouldn't. |
| 19% contribution, no match. Able to contribute to 415(c) limits. Fortune 100 company. |
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Ah, now it makes sense how people get multimillion dollar 401ks by their 30s on DCUM. People need to post their matches when they post this stuff.
I get 50% of the first 6% of income, so 3% in the end. At $120k income this is a few grand a year. |
| I used to get about 10% of my salary contributed annually. Small law firm. It was some sort of profit-sharing arrangement so I could not tell you how it was calculated. |
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50% of my contribution, up to the max (~$10K/yr)
Big Tech. |
| I work at a university and we get a 10% match and I thought that was good. My husband is a fed and its a 5% martch. |
| DC worked at a company where she got a 15% 401k contribution regardless of what she put in. |