Roblox 401k matching

Nov 8, 2019 9 Comments

Got an offer from Roblox but am confused about their 401k matching.

Match formula is "100% of the first 3% of salary plus 50% of the next 2%"

If I join in July (mid-year) with a projected base of 100k for example, do they match based on 50k (2k matching) or 100k (4k matching) in the calculation?

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TOP 9 Comments
  • Cisco
    newbieeee

    Go to company page Cisco

    newbieeee
    They would match 100% of 3% of your paycheck. Say, it's 200 bucks and your contribution is 10%=20$. Roblox would add $6 + 2$ AFAIK
    Nov 8, 2019 2
    • Intel
      GROV3R

      Go to company page Intel

      BIO
      Elmo is my roll dawg
      GROV3R
      This but simplify even more. What ever your biweekly check is, as long as you put 5% towards 401k, they will match 4% for a total of 9% going into your retirement account. When you join is irrelevant. just simple math against your biweekly income.
      Nov 8, 2019
    • OP
      Thanks! This clarification and breakdown was exactly what I needed! Qualcomm's plan was based off of contribution so I was confused of the difference
      Nov 9, 2019
  • Boeing / Legal
    EternalPIP

    Go to company page Boeing Legal

    PRE
    Knights of Columbus, Rocket Fuel
    EternalPIP
    Unrelated but that's pretty cool, you dont ever see this companies name brought up here. What skills do you have that got you in? I'm assuming they primarily hire SWEs specialized in game development?
    Nov 9, 2019 1
    • OP
      Actually, I have no experience in game development! I believe they are just looking for people who are able to code in a language agnostic environment
      Nov 9, 2019
  • Atlassian / Eng
    Schnorlaxe

    Go to company page Atlassian Eng

    Schnorlaxe
    At least as of when my friend was there, they had a pretty hard division between the game engine team and the web/social platform team.
    Dec 28, 2019 0
  • Expedia Group / Eng
    getmesfjob

    Go to company page Expedia Group Eng

    getmesfjob
    What's the TC they offered?
    Nov 9, 2019 0
  • What's is over all offer?
    Nov 8, 2019 0