While an associate’s paycheck is the current link to financial security, building retirement income is just as important. The CareFirst 401(k) Plan gives associates the opportunity to build a financial future. With the plan, associates can save money on a pre-tax basis for retirement to supplement the benefits provided by the company’s contributions to the 401(k) Plan. Full-time and part-time benefit-eligible associates are eligible to participate in the plan from first day of employment.
About Our Data
Employer VerifiedUpdated Jun 7, 2025177 employees reported this benefit
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Benefits reviews
31-40 of 42 Reviews
4.0
Dec 5, 2018
Anonymous Solutions Architect
Former
Owings Mills, Maryland
There are 25 investments to choose from and it is a Safe Harbor plan so there is both a non-elective contribution and a matching program.
4.0
Oct 18, 2018
Anonymous employee
Current
Owings Mills, Maryland
Great to have ROTH 401K option, match up is ok but not too much
5.0
Sep 19, 2018
Anonymous Senior Business Analyst
Current
Owings Mills, Maryland
Employee match benefits and allow you to take loans out if you need to.
3.0
Jun 21, 2018
Anonymous employee
Former
Baltimore, Maryland
I took cheaper plan so not much benefits.
3.0
Nov 2, 2017
Anonymous employee
Former
Washington, District of Columbia
The corporate matching is average.
5.0
Jun 27, 2017
Anonymous employee
Current
Owings Mills, Maryland
Carefirst automatically gives employees 2% then matches 4% on your 5%, totaling 11% into the 401k for only putting in 5%
5.0
May 27, 2017
Anonymous Senior Consultant
Former
Baltimore, Maryland
Great 401k plan and matching
4.0
Mar 14, 2017
Anonymous Supervisor, Graphics and Production
Current
Owings Mills, Maryland
Company matches within a certain percentage of what you put in.
4.0
Dec 15, 2016
Anonymous Claims Adjuster II
Current
Owings Mills, Maryland
Works with Fidelity. Fidelity has a user friendly website which allows how you want to manage your retirement between 401K and Roth 401K. Company matches based on percentage.