PwC 401(k) at a glance
| Employer match | PwC matches 25% of the first 6% of pay you contribute (max 1.5% of pay). |
|---|---|
| Maximum match | 1.5% of pay |
| Contribution needed for full match | 6% of pay |
| Company contribution (no match needed) | PwC also funds a separate Retirement Wealth Builder plan with firm contributions based on job level and, in some cases, years of service. New hires get a 1% of pay Wealth Builder credit. |
| Vesting | 5 years to fully vestMatching contributions vest 20% at 2 years, 40% at 3, 60% at 4 and 100% at 5 years. Wealth Builder also vests over 5 years. |
| Automatic enrollment | If you do not elect, you are auto-enrolled at 4% of pay, rising to 5% and then 6% in the following years. |
| Pension | YesThe Retirement Wealth Builder plan is a firm-funded retirement plan separate from the 401(k), paid as a lump sum. |
| Plan provider | Benefits Express (lifeatworkportal) |
| Who this applies to | US staff (not partners) |
How much is the PwC match worth?
If you contribute 6% of your pay, PwC adds the full match. Here is what that means at different salaries, per year, before investment growth:
| Salary | You contribute (6%) | PwC match |
|---|---|---|
| $40,000 | $2,400 | $600 |
| $60,000 | $3,600 | $900 |
| $90,000 | $5,400 | $1,350 |
| $150,000 | $9,000 | $2,250 |
Illustration based on the plan terms above. Your actual match depends on eligible pay, timing and plan rules.
Good to know
- Main source is the July 2021 SPD; the PwC careers page (seen via search, not loaded directly) also states the 25%-of-6% match and Wealth Builder.
- Treating Wealth Builder as a pension is an approximation; its exact plan type was not confirmed.
Other PwC retirement benefits
- Post-tax (after-tax) contributions allowed
How to make the most of your PwC 401(k)
- Always get the full match. Contribute at least 6% 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 PwC match 401(k) contributions?
PwC matches 25% of the first 6% of pay you contribute (max 1.5% of pay). PwC also funds a separate Retirement Wealth Builder plan with firm contributions based on job level and, in some cases, years of service. New hires get a 1% of pay Wealth Builder credit.
When does the PwC 401(k) match vest?
Matching contributions vest 20% at 2 years, 40% at 3, 60% at 4 and 100% at 5 years. Wealth Builder also vests over 5 years.
Does PwC offer a pension?
The Retirement Wealth Builder plan is a firm-funded retirement plan separate from the 401(k), paid as a lump sum.
How much should I contribute to get the full PwC match?
Contribute at least 6% of your pay. Anything less leaves part of the match unclaimed.
Sources (last verified 2021)
- Savings Plan For Employees And Partners Of PricewaterhouseCoopers LLP - SPD for Staff — PwC (2021-07-01)
- PwC US Careers: Employee benefits — PwC
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.