{ "media_type": "text", "post_content": "What is the 401k match % for the various firms. Heard Accenture matches 100%!!?", "post_id": "57b00151a5c76e0e00241d97", "reply_count": 21, "vote_count": 2, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
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What is the 401k match % for the various firms. Heard Accenture matches 100%!!?

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ACN does match dollar for dollar up to 6% of your salary. I've heard that's much better than most firms.

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Well you hear wrong....

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Deloitte does 25% match up to 6% of your salary. There's a pension plan in there somewhere too but no one talks about it and most people don't know they have it.

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IBM matches up to 6% salary, vested immediately. But that only pays out in the last paycheck of the year so if you leave you get nothing.

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0% here. But at year end we get a contribution of 6.5% of our total compensation (salary plus bonus) into 401k, so that's upwards of $10k

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Acn2 is right but that's only after your first year

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It's 1 year. But it only starts beating at 2 specific times during The year. (I think July and January). So if you start in August it's almost 1.5 years before you start to vest

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I can attest that it is better than EY

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Pdubs match is only 25% for 401k however they put 5% in another retirement account regardless if you contribute individually

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EY's is about the same as pwc we had a defined pension that has been scraped for a cash benefit similar to wealth builder, it's a worse deal

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Deloitte matches 1.25% actually. It's .25 per dollar up to 6% of

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Deloitte's pension plan is actually pretty good for people who stay a really long time.

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No it vests after 2 years, not one, right?

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ACN killin it over here. And A5, pretty sure the match begins at the half/full year mark, but you are vested at your personal 2 year start date.

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^^Wow

When does everyone vest for matching?

ZS matches 100% up to 3% of your salary but it only fully vests after 6 (yes, six) years. After tao years it vests 20%, then another 20% every year

Big K does 50% up to 5%, additional pension plan vests in 3 years.

Gotcha

Sounds like PwC and D are pretty similar at 25% of the first 6% you put in. Ours vests over a lofty 5 years at about 20%/yr. As P1 outlined, theres another savings account that the firm funds solo as well, mine keeps pretty close to the 401(k).

P2- wrong. 25% of 6% is 1.5%. 100% of 6% is 6%. 100% vesting immediately. Begins after one year of service in the next July or Jan. We also have an employee stock purchase plan that gives around $1,500 additional per year in cash.

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