To help you prepare for your financial future, Liberty offers you two ways to build retirement income. Our pension plan provides a financial benefit in retirement that is non-contributory and company-paid. In addition to our pension plan, you can participate in our 401(k) savings plan. The plan offers a guaranteed company match of 3% on your 6% of pay contributions, and the opportunity for an additional match, based on company performance, with a maximum match opportunity of 6% on your 6% of pay contributions.
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Employer VerifiedUpdated Jun 28, 20261169 employees reported this benefit
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Benefits reviews
211-213 of 213 Reviews
4.0
Sep 3, 2014
Anonymous employee
Current
New Castle, Pennsylvania
Liberty's 401k plan meets the industry average in my opinion, the company does offer a match on your contributions. They used to be more generous with their match, but I believe they brought it down to industry average to sustain their profitability.
4.0
Aug 27, 2014
Anonymous Senior Business Consultant (MBA Corporate Development Program)
Current
Boston, Massachusetts
Great investment options; however, match floats between $.50 - $1 for every $1 you contribute of the first 6% of your contributions so it's a pretty standard company match.
1
5.0
Aug 6, 2014
Anonymous Principal Software Developer
Current
Indianapolis, Indiana
Liberty Mutual will make a guaranteed matching contribution equal to 50% of your contributions of up to 6% of your eligible compensation. In addition, they will provide up to an additional 50% matching contribution based on company performance. So if you contribute at least 6%, Liberty Mutual will match a minimum of 3% and up to as much as 6% of your eligible pay - a 100% company match opportunity.