401K Plan

LM contributes directly without your contributions as well as matches your inputs for a total of up to 10% from the company alone.

401k vested from day one.

Overall a fairly solid plan. The 401(k) plan is managed by Voya and has a handful of very good fund options such as passively-managed, low-cost index funds. There are also a larger number of rather high-fee funds that should be avoided. The big disappointment is that the Target Date Retirement Funds are excessively expensive (0.7% expense ratios) and the fund managers have no intention of reducing those fees despite requests to do so.

Ok compared with other companies. Match is good at 4% if you contribute 8% or over. Choices of investment are ok through Voya with self managed option through Ameritrade.

LM matches your contribution 50% upnto a certain amount. This is a good benefit

10% 401k is well above market standard

Company Match is exceptional, to make up for pensions disappearing

Industry standard. $0.50/dollar matched up to 8%

Decent company match and wide selection of investment options.

decent 401k plan 50% up to 8% of your annual salary