Employer 401k Match

[Anonymous]

Defense contractor (me): 9% safe harbor
Defense contractor (husband): 25% safe harbor - so he doesn’t even contribute because he hits the max from his employer contribution.

[Anonymous]

Anonymous wrote:Defense contractor (me): 9% safe harbor
Defense contractor (husband): 25% safe harbor - so he doesn’t even contribute because he hits the max from his employer contribution.

Which defense contractors? Do share

[Anonymous]

Anonymous wrote:

Anonymous wrote:Defense contractor (me): 9% safe harbor
Defense contractor (husband): 25% safe harbor - so he doesn’t even contribute because he hits the max from his employer contribution.

Which defense contractors? Do share

Haha we are both part of legacy companies that were purchased by bigger contractors. They do this sort of thing to sweeten the pot and keep people from leaving.

[Anonymous]

DH gets 12%

I don't get a match on my 403B, but I do get a pension.

[Anonymous]

6% salary Tech Insurance company
Consulting company we own - SEPP much better for us than 401k

[Anonymous]

Of base salary, regardless of employee contribution:

<5 years of service 5%base
5-10 years of service 7% base
>10 years of service 10%base
If you go over the max amount set by irs the additional company contribution goes into an investment account that you take as a bonus when you leave or upon retirement.

Leadership positions get profit sharing in addition to this. If you don’t rise to leadership in your mid-40s, you don’t make it through the layoffs we seem to have every other year now.

I get a full pension because I joined prior to 2012, when they stopped that and instead do an investment account that turns to an annuity that you take when you leave the company - not as good as the pension and cheaper for the company.

[Anonymous]

Consulting. Works out as 4% at 100%.

Am eyeing a job that offers 7%!

[Anonymous]

DH just retired from a defense contractor and they do 25% for 401k and 25% for vacation/ health benefits that you can pick and choose. It was a great end of career job for DH.

[Anonymous]

Small construction company - about 50 people. No 401k match, no bonuses, no profit sharing.

[Anonymous]

Why are just defense contractors responding? Anyone else?

[Anonymous]

Non-Profit - 100% matching of the first 8% on a 350K per year salary + 100K per year bonus.

[Anonymous]

Anonymous wrote:Why are just defense contractors responding? Anyone else?

There are a bunch of others responding too. I see law firms, non-profits, energy, construction, consulting, chemical,etc.

[Anonymous]

Nonprofit. The company contributes 12% of my salary to my 401(k).

[Anonymous]

Big tech - 50% up to the federal limit so I put in 24,500 and they put in 12,250. Big tech also supports the back door for after tax contributions so you can put in another 35k into Roth.

[Anonymous]

Anonymous wrote:Big tech - 50% up to the federal limit so I put in 24,500 and they put in 12,250. Big tech also supports the back door for after tax contributions so you can put in another 35k into Roth.

Wow! Honestly I expected more from big tech. You mean like meta or Amazon or apple? I’m the one above with a pension and 10% base (no match necessary). We also do backdoor roth - but if you make enough the company tops up your annual contributions for you. I always thought big tech would be ahead of the other ‘big’ industries - where I am