I'm just in the process of enrolling at my job after the 1 year eligibility period.
I just got a 5% raise, and will get another raise for passing the PE.
So I elected to defer that 5%.
My company will match 3% of your annual salary, fully vested, until you are here 5 years. Then it jumps to a 5% match. The sweet thing is that the amount they match is fully vested from the get go, even though its not a huge percentage.
I had a 401k at my old job for 2+ years before I came here. They dicked around with the matching when I left and rolled it over into an IRA. Real smoke and mirrors bullshit about only certain contributions being 100% vested despite all the memos and meetings saying the new policy was full vesting from the get go.
Whatever. I rolled it into an IRA through my bank. I only had about $4,000 from the rollover, because I was only in the plan 2 years and it was my first job out of school. 5% of entry level wages ain't much! But it's been a year and it's up to around $5,300 at this point, which was about what I had in the old 401k before the vesting shit they pulled, so I really only was sidetracked by a year.