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How does pwc’s wealth builder plan work ?
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25 cents at both EY and PWC. FYI if it matters to you, don’t benchmark on Big 4. This is piss poor compared to other major entities (eg - tech, healthcare). They’ll do 1:1 up to $6k (common) or at my company, up to $15k.
Won’t identify it specifically but I’ll point you in the direction of cell therapy / pharma.
It really is a shame that 401k match isn’t better at B4. The majority of employees are in their 20s (i.e. the best point in their careers to save as much as they can). Every Penney contributed now will be worth 10-15x as much by retirement age.
Not big 4, but we have dollar for dollar 10% match.
For me it is 1$ for each dollar contributed.
Till 2018 they used to match 60 cent/dollar contributed.
Max 6 % as usual.
I get 50 cents for every $1 up to 5% of my base with 3 year vesting and the % going up every year capped at 10%
25% up to 5% at kpmg. Usually 50% but temporarily cut earlier this year
“Temporarily”
After a certain number of years at EY it becomes 50¢ for every $1 up to 6%. May be 4 or 5 years, I don't recall.
Correct after 5 years
1.5% ey
Firms might also have other retirement savers on top of the 401k. In pwc has wealthbuilder which i think is around a 3% contribution they make regardless of what you are putting into the 401k. It also beats over 5 years though