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Draper

All Draper benefits

401K Plan

Available to US-based employees

4.8

(9 Reviews)

About Our Data

Employer VerifiedUpdated Jul 7, 2026113 employees reported this benefit

Benefits reviews

1-9 of 9 Reviews

5.0

Jul 7, 2026

Anonymous employee

The match is great, better compared to most industries

5.0

Jun 26, 2026

Anonymous employee

Incredible matching program. Also still have full supplemental 403b on top of defined contribution plan

5.0

May 21, 2019

Anonymous employee

Their matching contributions are the best around. One of the legacy traditions from their MIT roots I believe.

4.0

Dec 4, 2017

Anonymous employee

they contribute 10% but require you to contribute a minimum of 5%

5.0

Jan 29, 2017

Anonymous Senior Member of Technical Staff

Draper's 401k matching program is much higher than other companies.

5.0

Oct 13, 2016

Anonymous Business Unit Leader

It's a 403b since Draper is a not-for-profit. You put in 5%, they put in 10%.

5.0

Aug 2, 2016

Anonymous PMTS

For every $1 from employee, $2 from employer up to certain percentage.

4.0

Jun 30, 2016

Anonymous employee

Draper is a non-profit and offers a 403b plan instead of a 401k. This plan is supplemental to the core retirement plans.

5.0

Aug 6, 2014

Anonymous Senior Member of Technical Staff

they put in $2 for $1 for the first 5% of your salary. that is, you put in 5% they add an extra 10%!!

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