Does Your Employer offer a Roth 401k?

[kv968]

I don't know how a company could think it's "not a good option" for their employees though. Since when is an option ever a bad thing (speaking generally...)?

I agree, but sometimes I wonder how much thought or care some companies actually put into their 401k selections. I think some just pass it off to a fund company and let them deal with it as they see fit as long as it doesn't cost them.

[Gruntina]

That's a good point.

I don't know how a company could think it's "not a good option" for their employees though. Since when is an option ever a bad thing (speaking generally...)?

I think it might have to do with the company being worldwide and most employees are not US citizens? I am not sure but they did mention about something related to cost but I don’t understand the full picture. I am going to search for that article as they posted that on our intranet site.


The company also gives a limit 1500 p/year towards the matching contribution so it is equal opportunity for everyone regardless of salary.

[Gruntina]

I agree, but sometimes I wonder how much thought or care some companies actually put into their 401k selections. I think some just pass it off to a fund company and let them deal with it as they see fit as long as it doesn't cost them.

if it is a fortune 500 company or a very competive company, 401k selections and stocks are extremely important for benchmarking purpose. It also shows how well the people trust the company and the performance.

[kv968]

if it is a fortune 500 company or a very competive company, 401k selections and stocks are extremely important for benchmarking purpose. It also shows how well the people trust the company and the performance.

I don't know. I work for a Fortune 500 company which uses Fidelity for their 401k plans and I could pick better funds than some of the choices we have.

[Gruntina]

I don't know. I work for a Fortune 500 company which uses Fidelity for their 401k plans and I could pick better funds than some of the choices we have.

Same here with company using Fidelity. I work for HR so it was mentioned how Finance in terms of stocks, investiments, backflow, distrubutions is carefully benchmarked to get more or better customers and competive employees as we look for the one with the best skills/talents.

[jIM_Ohio]

That's a good point.

I don't know how a company could think it's "not a good option" for their employees though. Since when is an option ever a bad thing (speaking generally...)?

There is probably increased accounting for company/ custodian which increases costs to administer.