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State Farm

All State Farm benefits

401K Plan

Available to US-based employees

3.7

(333 Reviews)

A 401(k) plan with some company match is available to eligible State Farm employees.

About Our Data

Updated Jun 10, 20262072 employees reported this benefit

Benefits reviews

161-170 of 333 Reviews

5.0

Sep 2, 2019

Anonymous Customer Service Representative

Good 401k and easy to manage

1.0

Aug 28, 2019

Anonymous employee

There is very little match for the 401(k) offered. I believe it was only something like $900 if you contributed the maximum amount.

3.0

Aug 14, 2019

Anonymous Claims Specialist

The company matches up to annual limit like $1200.

1.0

Jul 18, 2019

Anonymous Agent

Doesn't exist for agents. They have a 20 year retirement investment program that becomes active after 5 years but they have taken steps with the new contract to limit this payout as much as possible.

3.0

Jul 15, 2019

Anonymous Marketing Manager

Worse: terrible matching contribution

2.0

Jul 3, 2019

Anonymous Business Analyst

The fees are very low, but the company match of $900/year is a joke.

5.0

Jun 26, 2019

Anonymous Claims Representative

There are different 401k packages assigned to each age group, and if you're late in the game there is also a package that helps you catch up.

5.0

Jun 20, 2019

Anonymous Customer Service Representative

No complaints with the 401k plan they have a department dedicated to employee assistance if you need help they will walk you through your 401k setup and submit any changes for you.

1.0

Jun 19, 2019

Anonymous Software Developer

Only match like 900 a year?!?! Seriously

1.0

Jun 4, 2019

Anonymous Account Manager

This company doesn't offer any retirement benefits

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