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Author: FuwlEd Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75859  
Subject: Re: How good is this? Date: 11/27/2003 3:11 AM
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My employer (a credit union) only matches 50% of up to 6% of my gross income in contributions to my 401k. I've heard of better matches than this, but am not complaining. HOWEVER, they also contribute a percentage (6 1/2% last year) of my gross as a year end bonus. Is this an exceptional benefit? Do many companies do this? Seems pretty stout to me. Too bad I can only choose from about 10 equity funds.

Sounds like a better deal than most, possibly a profit sharing plan? We also have a profit sharing plan but they seem to change it quite often, and it hasn't paid out in 3 years.
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