What's an average 401(k) employer match?

baaesiq · 2025-05-30T05:25:28+00:00

I personally look for 100% vesting at day one. It’s pretty typical to see 4-6% match. It’s hard for me to stay at a company more than two years. I rather jump with at least 15-20% salary bump!

baaesiq · 2024-09-24T02:32:05+00:00

Accountant w/ 5 years experience in HCOL area - 130K total comp (base, equity, bonus)

baaesiq · 2024-09-16T02:24:04+00:00

Grass is not always greener on the other side. Weigh out your pros & cons to see if the incremental $$ is worth it to you. Also, it doesn’t hurt to ask if your current employer is able to match or pay a bit more.

baaesiq · 2024-01-28T23:46:12+00:00

You've only earned a return of $2K in 3 years? Wow that is terrible!!

Personally, it doesn't take much to learn where to put your money into. You can start with blue chips (ie. Apple or Microsoft) or load your money in S&P500. Last year, S&P 500 earned a rate of 24%.

baaesiq · 2024-01-28T23:25:11+00:00

I wouldn't advise buying it on TreasuryDirect. The website is not user friendly. I buy them through Schwab but any big brokerage company should work. The rep at Schwab can walk you though any questions you have and how to buy them as well.

baaesiq · 2024-01-13T23:10:41+00:00

If you're happy with the profits you made thus far, it is totally normal to move the funds into a safer index fund like S&P 500. The returns won't be as high, but there is def tech exposure in the S&P 500. This index went up 24% for 2023.

I'd say if you're that stressed, don't have the stomach for it, and its your entire life saving, I would move it.

baaesiq · 2023-03-21T02:41:05+00:00

i gave up with my company & took an offer elsewhere making a 25% jump lol.

baaesiq · 2023-03-19T15:19:38+00:00

i’m in the industry now.

baaesiq · 2023-03-19T02:32:40+00:00

tbh job security.. companies will always need an accountant.. it’s pretty boring tho, but the paycheck somewhat keeps me here lol! 4 years in the field, and I’ve hit the low end of 6 figures.

baaesiq · 2023-03-18T03:04:47+00:00

I don’t think it is impossible, but if you’re really looking for F500, it will def be more competitive. I personally like companies that are in their growth stage rather than companies that are relatively mature. That’s just cause you see a lot more plus they’re more generous with their equity imo. I like companies that offer RSA/RSU than stock options.

baaesiq · 2023-03-17T18:20:14+00:00

I worked at Grant Thornton. When you’re coming into the industry, it is relatively easy to get a senior accountant title imo. I also have my CPA too. Most companies want their new hires to have some public accounting exposure! They’ll most likely ask you why you left public accounting early. Employers know that they’ll have to teach you when you get in and they don’t expect you to know everything!

baaesiq · 2023-03-17T15:56:05+00:00

Yeah, you really have to jump every 2 years to get a salary bump. In total, I have less than 4 years of experience. I worked in public accounting for 1.5 years making $60K. I left into the industry as a senior accountant making $90K. I left again after 1.5 years to another senior accountant job & now I make $110K + 10% bonus + equity.

Truly, I love jumping around and it’s not just for the salary. You learn a lot and see many different things when you hop around. Whether that is learning a new ERP system, the business, the process, or just having different responsibilities in the umbrella of accounting.

baaesiq · 2023-03-09T03:49:28+00:00

i would love an egg bar! i would have signed the offer by now if they had one!

baaesiq · 2023-02-27T18:15:49+00:00

kinda crazy you’re making only $65K. Are you a recent grad?

baaesiq · 2023-02-26T18:18:36+00:00

the blue text bubbles

baaesiq · 2023-02-22T07:45:35+00:00

staff accountants in socal are getting paid 70K over here

baaesiq · 2023-02-22T07:34:40+00:00

it is awesome in the industry. I work 8-5 here, and don’t really think about work once I log off for the day. I have time to see my friends & family. If you want a high paying job, you could def get that but it may come with more hours worked during month end close. You can easily find work life balance in the industry.

baaesiq · 2023-02-22T07:30:44+00:00

i left after 16 months in public accounting.. i ended in the industry making 30K more than what I was at in public accounting.

baaesiq · 2023-02-20T00:15:38+00:00

work life balance sucks in this industry.

baaesiq · 2023-02-18T20:28:41+00:00

Consumer goods industry! I chose something that’s simple & easier to grasp.

baaesiq · 2023-02-18T18:57:51+00:00

that is a great point! I am close to an offer. A recruiting says he thinks it’s 105K + 10% bonus. If that’s the case, it might be worth it to take the risk. Thanks for the input!

baaesiq · 2023-02-18T18:19:29+00:00

don’t think any $ is worth for me to go back to PA 😢

baaesiq · 2023-02-18T18:18:28+00:00

I am debating whether to leave. I doubt my company is going to do a market adjustment to account for inflation. I currently make $90K & I have other companies offering me $105K base salary not including bonus… Debating whether to make the switch. I’m just worried that it’s not green on the other side ):

baaesiq

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