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Rackspace Technology

All Rackspace Technology benefits

401K Plan

Available to US-based employees

2.9

(72 Reviews)

Rackspace offers employees 401(k) plans with company match.

About Our Data

Updated Jul 7, 2026343 employees reported this benefit

Benefits reviews

31-40 of 72 Reviews

3.0

Jun 2, 2019

Anonymous employee

Our 401k plan is confusing. A lot of other commenters have mentioned that it is a 6% match, this is not true. Rackspace provides an annual, flat, contribution to your 401k if you divert a minimum of 6% of your own salary as well. No matter how much of your own salary you dump into it, Rackspace's contribution does not change as long as you hit that target 6% of your own money.

1.0

Feb 12, 2019

Anonymous employee

The match is low.

3.0

Feb 6, 2019

Anonymous Network Security Firewall Engineer 2

Again, I didn't care too much about it but the did match my contributions.

2.0

Jan 13, 2019

Anonymous employee

Up to 6% match, but calculated once a quarter in a confusing way.

3.0

Sep 9, 2018

Anonymous Network Security Engineer

Employees must contribute 6% to receive the maximum employer contribution , however, the company match amount is low.

1.0

Aug 11, 2018

Anonymous employee

The Employer match needs to be increased significantly

4.0

Jul 3, 2018

Anonymous employee

Slightly below average company matching contribution-- $2k max employer contribution if you contribute $6k/yr, regardless of your salary. Lower salary / hourly employees would benefit more from this, as $2k represents a larger %.

3.0

Jul 2, 2018

Anonymous Principal Engineer

The funds are fine but the match isn't amazing. It's $2500 flat or so if you contribute at least 6%.

4.0

May 14, 2018

Anonymous Virtualization Engineer

401k offered Vanguard funds and a 6% match. Not bad.

4.0

Feb 9, 2018

Anonymous Manager

They don't do a great job educating new Rackers on the benefit. I may have chosen a different way to invest.

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