Looking to find information to compare our NEW 401K to our current LTL competitors. I would like first hand information, as I can always research on my own, but if anyone has done the legwork, that would be even better.
For example, it looks like Old Dominion only match 30% of what one contributes up to 6% of salary. So on a $1000 paycheck one would contribute $60 and OD would contribute $18. But then they have some sort of profit sharing that is spread amongst the 401k participants once a year. Maybe $1600 or so.
Frankly, I think even our current 401k and pension contribution is much better than this.
But looking for OD, XPO, R&L, etc., Unions need not apply as if you stay there long enough you could probably get a decent enough pension.
For example, it looks like Old Dominion only match 30% of what one contributes up to 6% of salary. So on a $1000 paycheck one would contribute $60 and OD would contribute $18. But then they have some sort of profit sharing that is spread amongst the 401k participants once a year. Maybe $1600 or so.
Frankly, I think even our current 401k and pension contribution is much better than this.
But looking for OD, XPO, R&L, etc., Unions need not apply as if you stay there long enough you could probably get a decent enough pension.