My brain is not working, if I make 90k and the 401k match is "25% of the first 6% of annual comp" that means they will match $1,395 if I contribute $5,580 a year.....correct?

like
Posting as :
works at
You are currently posting as works at

OP probably posted a rounded number compared to their actual, so yes this is correct.

like

Yea, sorry. Number is rounded.

like

$90k x .06 for eligible comp x .25 match = $1,350
So that sounds close to me.

like

Not sure how you did this math because 6% of 90 is $5400 lol but yes you got it right otherwise

like

They’ll match 25% of your first 6% I mean with 90k your math is a bit off, but you got the idea

Basically 1.5% of your pre-tax salary if you contribute 6% of your pay

Yup, a nice way to avoid admitting the match is only 1.5% max.😆 Like a lot us don't audit EBPs and know what an actual good 401(k) match looks like. With a 5 year vesting schedule, you'd think firms would improve it since most people will burn out and leave some of it.

likefunny

Related Posts

Is it normal for a company not to provide paid maternity leave? They said it’d be paid by the state under FMLA for 3 months. Is the FMLA benefit payment taxable?

like

Hi French consultants! Got into a tech startup (in Paris) after 3yrs at a top consulting company and I’m figuring out salary expectations. Anyone else in a similar situation? What is your salary?

like

How much do nurse interns make at Ascension Seton? I’m unsure if I want to apply since I’m scared of it paying less than the job I’m already at. If you’ve been a nurse intern in Texas, I would love your input! Thanks!

like

Can anyone recommend companies that have good maternity leave that do not require you to work for a certain time (like one year or so) so you can be eligible to take the leave?

like

Hi GDS Folks,

I just got to know from my Counselor that my Lead rating is Differentiating with Promotion :)

I am moving fron Senior Associate to Supervising Associate. Any idea on the hike % i can expect?
I am currently in MBA team working for Americas Assurance client.

Thanks in advance.
Wishing All the best to everyone!!
🥂 Cheers!

like

Any advice on best approach to a casual convo about upcoming raise if any with annual review around the corner? Would be helpful to know what they are thinking. Is it ever helpful to let them know multiple opportunities have come through offering more too? What’s an appropriate way to share that information without sounding obnoxious and demanding?

like

Hey all!

How much should I ask from twilio for analyst role. Might have hr round soon. Yoe 2 Cctc: 6 LPA

Domain: sql, tableau (want to switch to

data science in this role)

Also pl let me know about culture, job security and wlb.

like

What’s a good first year corporate senior financial analyst salary? If I currently made 73k, what should I expect going to industry in mid-sized city?

like

I am contemplating on leaving my job and going for a Donor Coordinator position. I don’t know how much the salary is, but I want to know the range of that position for New York City.

like

I've been working in my role for 4 months straight out of uni. My pay is low and my work is easy. how long before I should look for a new job?

like

Hi Fishes. I got an offer in UK for 44k Pounds. Work location in UK is Birmingham. My current CTC in India is 19 lpa. Is this offer good enough? Please advise.

like

5 YOE In deskside support with Google technical support certification and m365 administration certification from udemy

How much can I get paid for my new job

Current CTC <3 under paid

Planning Directors: market and salary?

like

What could be salary range of a IT product manager with PMP certification with experience of 3 months .Total work experience 13 years.

Hi Fishes,

I got an offer letter from Mindtree before but they did not meet my salary expectations - hence after informing the recruitment HR i let the offer expire as she promised that she will be sending me another offer soon.

Till last Friday the status of offer was Offer Released and now from Saturday it is Offer in Progress.

Is she working on my revised offer letter ?

Post Photo
like

Looking to sign up for a points card in the UK- does anyone have a recommendation? Anyone have the Virgin Atlantic Reward+ MasterCard?

Anyone know what is typical salary range for post-MBA level salary in Netherlands for T2?

like

A great opportunity with a top brand has come up. I have not actively looked to make a move, but this role and brand looks really promising with a greater earning potential. Down side is I would need to relocate which I do not want to do and would be a challenge for my wife’s job . Any suggestions on how to leverage for a leveling of my current salary and role which I have been told is in the works but I have not seen any sort of movement to give me confidence that it will happen?

like

Hi

Wellbeing Program
Employees will receive a reimbursement of up to INR 10,000 for eligible expenses per calendar year.

What's this program in S&P Global?

In EY if someone joins before 31st Dec, he gets entitled for same level of hike & bonus alike existing employees. How is it in PWC ? Deloitte PwC EY

like

More Posts

Is anyone in the Tac group?

Enter puts on all the potential tiktok acquirers for sept 18. Only one of the players will win the deal, while the other three will likely drop 5-10% in stock price. One option may expire worthless, but you win on the other three. Thoughts?

likesmart

fellow Desis', how do you deal with Parents back home. I would like to care for them but without their interfering in every little detail of my life. I am gay, so I am not their ideal kid, & sense their frustration/feelings of betrayal in every conversation. But I can't stop living my life.
They get upset:
• if i don't tell them about an interview - oh you've already decided
• if I tell them about moving to a different state to be with my partner - oh you've already decided & now informing us

like

satan's expression 🤣🤣🤣

Post Photo
like

Is this bowl active?
Tired of dating apps and the dating shenanigans!
F 26🐠 in Mumbai. HMU if you are in your late 20s - early 30s, willing to talk and see how it goes.
Not into casual hookups, prefer acquaintances over ONSs, just putting it out there.

like

Anyone who sends some money monthly to their parents in India? If so, how much $/month. I send $2.5K each month but trying to figure out if there are better way to invest that sum here in the US than just to put that money in a Fixed Deposit in India.

like

I am not sure just how many people are in this bowl but I feel like I just need to say this...I AM SO GRATEFUL AND HAPPY WITH MY DECISION TO PRACTICE IP! I am a newer attorney and I practice solely trademark law. I love it, my boss, my schedule and I am happy! I am seeing so many attorneys posting about burnout, stress, and hating their jobs in the other bowls and I just needed to shout it out to the universe that I think we made the right decision with IP.

like

Hello Everyone
I am looking for a job opportunity as a data/business analyst in Bengaluru. I have 6 months full time experience as a data analyst.

like

How much does a Fresher business analyst gets paid in Mumbai?

like

Managers at firms ranked 5-10, how much total (admin+charge) and charge do you work? I’m currently at 2,500 total/1,800 charge. Looking to possibly make a jump as I’m at a firm in the 15-20 range but am not sure if it’s worth it.

like

Hi Guys, I am looking for change in "Gurgaon", " Noida", "New Delhi" or in any northern part of india. I am having 5 years + experience in production planning and control, Supply chain planning, Data Analysis, Material Planning, SAP PP & MM, Power BI, Tableau etc. So, kindly help me by referring for any position you feel suits to my profile.
CCTC - 9.99 Lakhs/Annum
Notice Period - 90 Days (Not Negotiable)

like

Are the larger hotel chains (Hyatt, Best Western, etc.) better to work for than the smaller one-off organizations? I'm sure they're not all the same but I'm curious

like

Does anyone else with severe ADD/ADHD have any tips for getting focused in on work?

Getting to the point where it takes me pulling all-nighters just to get 12-15 hours of actual work done even though I legitimately like the work I do and the people I work with.

likesmart

Hi,

I am joining IBM on 10th June at Pune, Hinjawadi phase 2. Would like to know nearest hotel to book.

- approx 10 days
- chepeast and comfortable
- less than 2.5kms from IBM Pune phase 2 office.

Please help.

like

Does your company track billable hours? And is it actual billable or scheduled billable?

like

Referral Alert , T-Mobile T-System , Java backend , Java Full Stack, Lead , Architect, Java Microservices.

DM ,
YOE 3+

like

Vmware
Or
lenovo

Both offering same ctc in banglore . Pls help me choose

like

Any recent joiners (this week) into Data Annotation? DM me

like

I left Nagarro 30+ days ago but I still haven’t heard back from for fnf document. I was expecting fnf document then once all parties sign off on it. Around 45 days I will get amount. But there has been no communication from team so far I am getting little scared. Any suggestions Nagarro

like

Additional Posts in Accounting

Hey FB, I'm writing a research paper on the new CEIV certification. What are your thoughts on it? Do you see it as beneficial, do you think it will affect PA significantly? Any thoughts appreciated!

like

How much of PTO RSM employees gets? Also, what is the Paternity time policy?

like

If you leave or get let go, what information will the firm share with others? salary? reason for leaving/termination?

like

Can anyone at RSM tell me what your holiday schedule is for this year/do you close down at YE? Received an offer and says there are ten total holidays; but BDO offers 12 (YE closure included in the #)

like

PWC Audit A3 to Senior Consultant, Risk Advisory at a very small firm? Thoughts

like

Anyone else Captaining their Career away from GT this summer too? I mean besides the 4 seniors who have already left my office.

likefunny

Damn I have availability for the rest of the week but I’m crying at the thought of reaching out. I just wanna study for the CPA without any “what are you working on” pings. I know I know I’m terrible.

like

Heading into busy season like

Post Photo
like

Anyone know what comp and wlb are like at FAANG companies? Is the wlb worse than other industries?

like

What’s a good first year corporate senior financial analyst salary? If I currently made 73k, what should I expect going to industry in mid-sized city?

like

Is having a CIA and CFE with no CPA worth it?
Is this looked down upon? Planning to just stay in forensics or hop back to IA down the line

like

If you are starting as an Audit Associate some time from now with Deloitte or any of the big 4, do they expect you to have passed/completed all 4 parts by the time you start? Received the Becker Reimbursement email from the recruiter not too long ago but have yet to start. I’ve seen plenty of people get to Senior at a big 4 firm without the CPA so I am a bit confused in that aspect. Any helpful feedback will be very much appreciated.

likehelpful

Partners or whomever can help me understand about billing and hours. To keep things simple, let’s say you only have one staff to work 1,700 billable hours a year on a $60k salary and you have only one job that and the rate charged to the client is $300/hour and an projected hours budget of 1,700 hours. So ideally you would have revenue of $510k. If the staff takes less time partners make less money and if they take more time partners make more money while the staff keeps the same salary?

like

I'm thinking about getting a dog. Good or bad idea while working in PA? How do you balance having a pet during busy season? I live alone.

like

Hi tax 🐠,

I have a question for those who prep individual tax returns. My parents claim my grandfather as a dependent on their tax return and due to their low income, receive PTC for the premiums they pay on his insurance (not eligible for medicare). However, would it be advantageous to have him file for his own tax return (he stays with my parents and doesn't have his own proof of residency via bills). If so, can he get PTC if his income is 0?

like

Anyone in employment tax? How's that field like? Interesting? What about credits and incentives? TIA

like

Anyone here buy a co-op in Queens, NY? I'm seeing a few options under 300k. Instead of paying rent, I was looking to buy since I have a decent down payment on hand.

like

Anyone done early promotion from senior to manager? Promotion to manager after 2 years at manager, 4 in total. What was the process like? I am going through it this summer.

like

How to improve efficiently/productivity in the office?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal