Is 100% 401K Match up to 5% of salary above average?

Saw this from the startup perk post https://www.teamblind.com/post/Most-ridiculous-startup-perks-4JoNF6FN OP was saying 100% Match up to 5% was a good perk from their company. Some comments say their companies match up to 12%. Updated: Analog puts %5 of salary without needing contribution from the employee. Then matches 75% up to %4 contributions. Amazon matches 50% of 4% base, vest after 3 yrs American Airlines matches 100% for 5.5% of base salary. Amgen provides 5% of the base by default even if your contribution is 0. And 100% up to 5% for employee contribution. Apple matches 2X after 3-4 years. Until then it’s 1X Argo AI 100% match up to 4%. Aptiv did 50% of 7% contribution and another 3.5% from their end. Total 7% on base + bonus. Bank of America is 100% up to 5%, then another 2%-3% EOY booster…so 7%-8%. BMO 100% up to 7% of TC Bloomberg has a 50% match with company contribution limited to $7750. Also, they have a 3 year vesting period Capital One matches 100% of first 3%, 50% of second 3% plus 3% regardless of if you contribute or not. So if you put in 6%, they match 7.5%. Capital group gives 15% for free (up to a federal limit): you put $0, they put 15% of your TC. Cerner matches 6% of 33% of base pay plus second-tier match up to 2.5% of base pay yearly Cisco 100% match up to 4.5% Discover does 5% match + 3% default at year-end, so total 8 % if the employee contributes at least 5%. Deloitte Consulting match 25% up to 6% of your salary Dell matches 100% up to 6% and its vests immediately. DocuSign 50% match up to 6% or $19K. Also offers Mega Backdoor Dropbox does 100% match up to $1500 per quarter Facebook 50% match up to 7% to a limit of $9500 Ford matches 90% up to the first 5% of contributions. They additionally give you another retirement plan, which is 3.5% of your salary. You don’t have to contribute to the other retirement plan, it’s just given to you. The 3.5% increases with your time at Ford. The effective rate of 8%. Everything vests after 3 years. Google 50% match up to the federal limit KKR & Co. 200% of up to 5% here. 100% in the match and 100% in profit sharing. Both 100% are capped at 8,750 so 17,500 is the max match. Kohls starts 5% match after 1 yr of service and vesting immediately. JPMorgan Chase matches 8% of your first 100k cash comp and 5% of your comp above 100k (so if you make 200k then it’s .08*100 + .05*100 = 13) Indeed does 50% up to 6% so basically 3%. Intel matches 100% up to 5% of your salary including bonuses Intuit matches 125% for up to 6%. Mailchimp is 100% of up to 6%, then a free 19% dumped in at the end of the year. Mastercard does 150% up to 6% and it vests immediately. Microsoft also matches 50% up to the federal limit Mckinsey 12% contribution up to 12% or the federal limit Nvidia matches 100% up to $6000 and 50% for next $1000 PayPal matches 4% up to $11,280; vests immediately; supports mega backdoor Roth Putnam Investments does 100% match up to 5% of your salary. Salesforce matches 100% for 6% of your salary I think, but it caps at 5k Sandia contributes 6% and then also matches 2/3 of employees contribution up to 6%. Samsung matches 5% of salary+bonus up to $13700 maximum Scotia- 4% up to 4K automatically. Then 100% match on first 3% you contribute and 50% match on next 3%. ServiceNow will match 50% of your contribution until they reach $2500 per year. Signal Messenger 100% match up to the federal limit Snap 100% match of first 3% of salary contributed, then 50% match of the next 2% of salary contributed. State Street has a 100% match up to 6% Sony matches 100% for the first 3% and then 50% for the next 3% T-Mobile 100% match on first 3%, 50% match on next 2% Vanguard matches 100% up to 4%. They also contribute 10% of your base salary to your 401k automatically every year but that vests 6 years. So essentially 14% match. VMware 100% up to 6% Verizon 9% with Mega Backdoor Roth Visa 200% for first 5%, match up to 10% Walmart matches up to 6% 0%: Uber MongoDB Rubrik Postmates How much % does your company match your 401K up to? Please comment under: Your Company match _% up to __% of your salary FYI, the employer match is not counted toward the contribution limit. #personalfinance #investments #401k

Most ridiculous startup perks?

teamblind