401K Plan

A good solid 401K plan.

Chevron over competent 401K contribution, better than many similar sized companies.

Matching is in a market competitive range

Company will match employees input up to a very generous amount. Makes it very appealing to participate in plan.

2% employee amount plus 4X company match = 10% total each year

8% maximum match (if you contribute 2%, then they contribute 8%)

There is a generous matching program. I believe the rule is that if I save 3% of my salary, the company will match it with 10% of my salary. That adds up fast. A couple downsides - it is run through Vanguard with has suboptimal investment choices. Also, I wanted to do an early withdrawal for a first home purchase and Chevron puts very strict limits on how much you can withdrawal. I understand they're trying to protect employees from making stupid decisions, but this hurt me overall.

They provide sharing even at 1%

Great 401k matching. If you contribute 2%, company will match 8%.