Doing a competitive look at 401k employer contributions in a long shot attempt to improve our own. How does your agency/employer contribute to your plan? If matching, how much? If profit sharing, is anyone expecting an employer contribution this year when profit is shot? Other? Please respond with agency name so we can have a comprehensive look at the market. Thanks!

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50% up to 6% (so 3% total)

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Thank you! Are you comfortable sharing your agency. I’d like to show my leadership what the competition is offering. Feel free to send a private message.

75% match up to 6%. I swear it used to be 100% match up to then, but I only started paying attention this (important) facet in January.

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I’m client side - we get 4% if we contribute 6% to a regular 401k but they ALSO will contribute another 4% if you contribute 6% to a Roth 401k so you can get a total of 8% if you contribute 12%. They also automatically raise our contribution by 1% each year.

Every agency and other client side situation I’ve worked for it was always 4% if you contribute 6%.

The last one was an omnicom shop! The others were super super small in the beginning of my career.

Client side. Match up to 9%. I contribute 12% as I’m back at home not paying rent right now.

Ours is just a direct match of 4% and it’s vested based on years with the company.

Thank you! Are you comfortable sharing your agency. I’d like to show my leadership what the competition is offering. Feel free to send a private message.

50% match of yearly contribution

They cut our contribution the second they could when the pandemic hit retail. I’m not saying it wasn’t for valid reason, but there’s no plan to bring it back. I’m happy to see other companies have kept theirs going and that OP is talking about it.

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