Amgen 401(k) at a glance
| Employer match | Amgen matches 100% of what you contribute up to 5% of pay. |
|---|---|
| Maximum match | 5% of pay, up to $17,250 a year |
| Contribution needed for full match | 5% of pay |
| Company contribution (no match needed) | Amgen also contributes 5% of pay to every eligible employee, whether or not they contribute. |
| Vesting | ImmediateYour contributions and the match vest immediately. For people hired on or after Jan. 1, 2020, the 5% core contribution vests after 3 years (or at age 65). |
| Eligibility | Substantially all US employees of Amgen and participating subsidiaries are eligible. |
| Automatic enrollment | New employees are auto-enrolled at 5% of pay, rising 1% a year up to 10%. |
| Roth 401(k) option | Yes |
| Who this applies to | US employees of Amgen and participating subsidiaries |
How much is the Amgen match worth?
If you contribute 5% of your pay, Amgen adds the full match. Here is what that means at different salaries, per year, before investment growth:
| Salary | You contribute (5%) | Amgen match | Company contribution |
|---|---|---|---|
| $40,000 | $2,000 | $2,000 | $2,000 |
| $60,000 | $3,000 | $3,000 | $3,000 |
| $90,000 | $4,500 | $4,500 | $4,500 |
| $150,000 | $7,500 | $7,500 | $7,500 |
Illustration based on the plan terms above. Your actual match depends on eligible pay, timing and plan rules.
Good to know
- The $17,250 caps on match and core contribution are the 2024 figures (5% of the IRS pay limit).
- Puerto Rico employees have a separate plan with a 5% match and 4% core contribution.
Other Amgen retirement benefits
- After-tax contributions
How to make the most of your Amgen 401(k)
- Always get the full match. Contribute at least 5% of pay. It is an instant return you cannot get anywhere else.
- Check your vesting date before you change jobs, so you do not leave unvested money behind.
- Pre-tax or Roth? If you expect a higher tax rate in retirement, Roth contributions can pay off. Model it with our Roth conversion calculator.
- Watch fees and prefer low-cost index or target-date funds in the plan lineup.
- Plan the whole picture: see how your state taxes retirement income before you decide where to retire.
Frequently asked questions
Does Amgen match 401(k) contributions?
Amgen matches 100% of what you contribute up to 5% of pay. Amgen also contributes 5% of pay to every eligible employee, whether or not they contribute.
When does the Amgen 401(k) match vest?
Your contributions and the match vest immediately. For people hired on or after Jan. 1, 2020, the 5% core contribution vests after 3 years (or at age 65).
When can I join the Amgen 401(k)?
Substantially all US employees of Amgen and participating subsidiaries are eligible.
How much should I contribute to get the full Amgen match?
Contribute at least 5% of your pay (the match is capped at $17,250 a year). Anything less leaves part of the match unclaimed.
Sources (last verified 2024 plan year (11-K filed June 2025))
- Amgen Retirement and Savings Plan Form 11-K for 2024 — SEC EDGAR (2025-06-12)
Educational content only, not tax, legal or investment advice. Plans and tax laws change; confirm details with your employer's plan documents or your state revenue department. Smart Financial Lifestyle is not affiliated with any employer named on this site.