How much do Campbell's match a 401k?

We help you retire. All full-time and part-time* employees are eligible for our 401(k) plan and can enroll on their first day of employment. Campbell contributes amounts equal to up to 7% of your eligible pay to your 401(k), with immediate vesting. 3% contributed by Campbell, regardless of if you contribute .

Does Campbell's soup have a pension plan?

The Campbell Soup Company is pleased to provide you with the Retirement and Pension Plan to help you plan for a secure financial future. credits and interest.

How much is a 3% 401K match worth?

So, for instance, an employer offering a full 3% match would contribute one dollar to your 401(k) for every dollar that you put in yourself, up to 3% of your salary .

Is 50% match for 401K good?

The average 401k employer match in 2024 is between 4% and 6% of compensation. The most common structure is 50% partial match contributions up to 6% of salary . What is a partial match? Employers can either match your contributions dollar for dollar, or through a percentage of the amount you contribute to your own plan.

Which company matches 100% 401k?

It provides traditional banking services like checking and savings accounts, CDs, loans and lines of credit while boasting high dividends on its investment products. Alliant matches 100 percent of employee 401(k) contributions up to 5 percent of each individual's annual gross salary, with 100 percent vesting upon hire.

What is a good amount for a company to match 401k?

The most common partial match provided by employers is 50% of what you put in, up to 6% of your salary . In other words, your employer matches half of whatever you contribute … but no more than 3% of your salary total. To get the maximum amount of match, you have to put in 6% of your salary.

What is the average 401k match program?

Many employers match as much as 50 cents on the dollar, on up to 6% of your salary . Most advisors recommend contributing enough to get the maximum match. Turning down free money put towards your retirement nest egg doesn't make sense.

How much is 401k match based on salary?

Match formulas vary, but a common setup is for employers to contribute $1 for every $1 an employee contributes up to 3% of their salary, then 50 cents on the dollar for the next 2% of an employee's salary . Ideally, workers should aim to save 15% of their pre-tax income each year, including any match.

Campbell's Employee Benefits | Login / Register / Enroll

Employee Benefits May Include the following:

401k, Pension, Retirement, Retiree, Health Insurance, Medical, Vision, Dental, IRA, Competitive Base Pay, Quarterly Bonus, Paid Time Off, Weekly Pay, Medical, Dental, Vision, Insurance, Health Savings Account, Flexible Spending Accounts, Short-Term and Long-Term Disability, Paid Family Medical Leave, Bereavement, Jury Duty and Parental Leave, Life, Dependent and Accident Insurance, Critical Illness Insurance, Savings Plan 401(k), Company Paid Retirement Benefit, Employee Stock Purchase Plan, Paid Holidays, Flexible Spending Accounts (FSAs), Health Savings Account (HSA), Time Off and Flexible Days, Group Legal Plan, Group Home Auto Insurance, Pet Insurance, Employee Discounts, Adoption Reimbursem*nt, Tuition Reimbursem*nt and Student Loans, Well-Being Programs, etc…

Campbell Benefits Center:

1-877-725-2255

Monday until Friday, between 8:00 a.m. and 8:00 p.m., EST

Company Summary:

Campbell Soup Company, or more commonly known as Campbell’s, is an American processed food and snack company that is closely associated with canned soup products.Mergers and acquisitions, however, made them grow to be one of the largest processed food companies in the US having a vast selection of products under its flagship brand.Some of which are Pepperidge Farm, Snyder’s of Hanover, V8, and Swanson.The company’s headquarters may be located in Camden, New Jersey.

John A. Campbell started the company in 1869.John was a fruit merchant from Bridgeton, New Jersey.He was joined by Abraham Anderson who was an icebox manufacturer from South Jersey.They manufactured canned tomatoes, vegetables, soups, jellies, and many more.Anderson later left the partnership and the company became Joseph A. Campbell Preserve Company.Anderson’s son, however, continued to work at Campbell’s as a creative director. The first jar of ready-to-eat soup was introduced in 1895.This has been their signature product for more than 25 years.Dr. John T. Dorrance, inventor of condensed soup, became president of the company in 1914 and led the company until his death in 1930.

Campbell Soup Company went public on the NYSE in 1954 with the ticker symbol CPB.

Campbell’s has a goal to provide benefit plans that are comparable to plans of other companies in the industry.This represents a significant investment in their people and their families.

Quick Summary of Benefits:

As of 2020, they have a record of about 19,000 employees in their organization. Their employees may join in a wide selection of benefit programs as soon as they become eligible. They may be eligible to the following benefits once they are qualified:

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Flexible Spending Account (FSA)
Health Savings Account (HSA)
Supplemental Life Insurance
Occupational Accident Insurance
Disability Insurance
Mental Health Care
Health Care On-Site
Retiree Health and Medical
Accidental Death and Dismemberment Insurance
401K Plan
Performance Bonus
Retirement Plan

Some of their benefits also include the following:

Maternity and Paternity Leave
Family Medical Leave
Adoption Assistance
Work from Home
Dependent Care
Paid Holidays
Vacation and Paid Time Off
Sick Days
Bereavement Leave
Employee Discount
Employee Assistance Program
Gym Membership
Diversity Program
Tuition Assistance
Job Training
Professional Development

Please note that the full list of benefits available to new employees varies from location to location due to differences in local laws, regulations, and customs – and may change at any time.

B.A.M. Recommendation:

“Please visit the official company website directly to verify all benefit options and details. You may also visit the link(s) provided below for more information and verification.”

https://careers.campbellsoupcompany.com/us/en/benefits

Your Benefits Resources (YBR) Website:

The YBR Web site is available 24 hours a day, seven days a week. YBR provides information, tools and calculators to help you:

Learn how your benefit plans work.
Understand the expenses and services that your options cover.
Build your own medical plan, selecting from various coverage options.
Compare health care and insurance options.
Estimate your out-of-pocket costs for your medical options.
Search for doctors, dentists, and eye doctors online using the criteria you enter.
Choose or change your beneficiary(ies).
Estimate your need for:
- Life and long-term disability insurance coverage; and
- A health care and/or dependent care spending account.
Get answers to questions about your benefits. Use the “Contact Us” link on the site to send a secure question to a Customer Service Representative.

Information on your health and welfare, 401(k), pension and FSA benefits. For example:

Health and welfare

View your current health and welfare benefits coverage
Make enrollment decisions

401(k)

View your current 401(k) balance and change contributions
Make fund transfer and investment election changes

Pension

If you are eligible for a pension benefit:
- View your pension information
- Project your pension income
- Start your pension
- Make beneficiary designations and changes (if applicable)

FSA

Manage your FSA(s)

General Tasks:

Request a new User ID and password or change your existing User ID and password
Learn more about your benefits
Review, add or change yourdependentor beneficiary information on file (if applicable)
Understand how a Life Event may affect your benefits

B.A.M. Recommendation:

“Please visit the official company website directly to verify all benefit options and details.”

Manage Your Benefits Resources | YBR | Campbell’s Staff Member / Employee Account

Current Employees – Login / Sign in:

Visit this link in your preferred internet browser on your device.
Type in your User ID in the space provided.
Type in your current Password in the space provided.
Select the grey “Log on” button to proceed.
You may now be able to manage your account online.

New Employees – Register / Enroll:

Visit this link in your preferred internet browser on your device.
Select the “New User?” link found below the login details on the page.
Type in the last 4 digits of your SSN in the space provided.
Enter your Date of Birth in the spaces provided.
Select the red “Continue” button to move forward.
Continue to move forward and provide every important information that is asked of you to create a new account online.

You will be directed to your account details where you may start to manage or review as soon as your registration has been successfully completed.

Campbell's Employee Benefits | Login / Register / Enroll | Benefits Account Manager (2024)

Employee Benefits May Include the following:

Quick Summary of Benefits:

Some of their benefits also include the following:

B.A.M. Recommendation:

Your Benefits Resources (YBR) Website:

B.A.M. Recommendation:

Manage Your Benefits Resources | YBR | Campbell’s Staff Member / Employee Account

Other helpful links:

Awards for Campbell’s:

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References