James MeinckeIn this day and age, many candidates consider employment benefits essential when applying for a job. Some even consider it as important as salary and they make a good point — benefits help you save money in the long run. Indeed, retirement plans proved to be one of the most important benefits that candidates look for when seeking employment. So to be a coveted employer, many companies are now offering great benefits and 401k retirement plans to attract more candidates.
Here are 20 of the companies that offer the best 401k plans in San Francisco:
1) Thousand Eyes
Employees: 251-500
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ThousandEyes was founded in 2010, and it specializes in network intelligence. They build software that maps how traffic flows through companies’ networks and the Internet, eliminating critical blind spots. ThousandEyes 401k Retirement Plan is a contribution plan with a profit-sharing component and 401k feature. Their plan currently has over 100 active participants and over $1.8M in plan assets.
2) Front
Employees: 51-100
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Founded in Paris in 2013, Front then moved to San Francisco in 2014 and launched from the Y Combinator. Front provides a shared inbox service that could power an entire organization. They are now powering more than 5,000 businesses around the world. They were ranked 25th in the best place to work on Glassdoor in 2019. Alongside many other benefits, Front provides a 401k retirement plan with stock options. They now have $79M in venture funding from respected firms and investors.
3) Wootric
Employees: 11-50
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Wootric is an analytics company that develops and operates in-application Net Promoter Score (NPS) since its founding in 2013 in San Francisco. They use modern CX software for boosting customer happiness. In short, they help gather, analyze and act on CX metrics and customer feedback. They measure customer happiness, optimize product and service experience, retain customers, and build an army of brand advocates. Wootric provides its employees with a 401k retirement plan with stock grants. They also have reached $2.6M in funding.
4) Test IO
Employees: 51-100
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Test IO is a global leader in software crowd testing. It was founded in 2011 in Berlin but is now headquartered in San Francisco. The company uses a platform for on-demand QA testing throughout the entire development cycle which allows for fast-moving software development teams. Test IO offers a 401k retirement plan among other benefits. Their total funding has reached $5M in venture funding and other sources.
5) Blend
Employees: 251-500
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Founded in 2012, Blend is a company dedicated to improving customer lending. They are concerned with bringing transparency and simplicity aspects to the lending process. To do that, they partner with banks and lenders to power frictionless, compliant, and more accessible lending— starting with mortgages. In fact, their customers represent 25% of the mortgage volume in the U.S. Among their many benefits, Blend provides meaningful equity and a 401(k) plan. In 2017, they raised $100M from Greylock and Emergence Capital in the summer of 2017.
6) MoovWeb
Employees: 51-100
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MoovWeb is a cloud-based platform that delivers experiences optimized for any device and was founded in 2010 in San Francisco. This company made it their mission to significantly improve mobile shopping and make it easier. Through the collective intelligence of their network, MoovWeb helps companies give better experience. For employees, they offer a 401k plan with stock options and an equity incentive plan. Total funding for Moovweb has amounted to $16.7M.
7) Figma
Employees: 51-200
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Founded in 2012 in San Francisco, Figma is a collaborative interface design tool that enables the entire team’s design process to happen in one online tool. It is the first professional-grade, online tool created specifically for interface design. Figma is a company that values its employees. They provide a 401k retirement plan with an employer contribution and an equity package. Figma has raised a total of $82.9M in funding over 4 rounds. Their latest funding was raised on Feb 7, 2019.
8) TrustArc
Employees: 251- 500
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TrustArc specializes in privacy compliance since its founding in 1997 in San Francisco. The company provides solutions to manage privacy compliance for the GDPR, CCPA, and other global privacy regulations. They have been a leader in privacy compliance and data protection for over two decades. They offer solutions that address all phases of privacy program management. TrustArc has been recognized as a top 10 best places to work in the SF bay area. They provide their employees with a matching 401k retirement plan with stock options. TrustArc has raised a total of $37M in funding over 3 rounds.
9) BetterUp
Employees: 51-200
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Betterup made it their mission to help organizations create transformation by effecting lasting behavioral changes since their founding in 2012 in San Francisco. It is a mobile-based coaching platform. It brings personalized professional coaching to employees at all levels. Betterup provides a 401k retirement plan with employee contributions that can be made to a traditional tax-deferred or Roth account. Besides, they have 29 Vanguard mutual funds to choose from. The company has acquired a total of $144.8M in funding.
10) Iterable
Employees: 201-500
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Iterable specializes in consumer growth marketing and offer a user engagement platform. The company was founded in 2013 and is headquartered in San Francisco. They provide sophisticated segmentation, fully customizable templates, workflows, a/b testing and much more, all seamlessly across email, mobile push notifications, in-app messages, and SMS. Iterable provides its employees with a 401k plan with an equity incentive plan. Their funding has amounted to $82.2M over 5 rounds.
11) 6Sense
Employees: 101-250
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6sense is a B2B predictive intelligence engine for sales and marketing since its founding in 2013 in San Francisco. They are an Account-Based Orchestration Platform that helps revenue teams compete and win in the age of Account-Based Buying. 6sense uses AI, big data and machine learning to help revenue teams uncover anonymous buying behavior, prioritize fragmented data to focus on accounts in the market, and much more. The company is among 2019 Inc.’s best workplaces. They also provide their employees with a 401k plan with an optional savings plan. 6sense has raised an amount of $63M in funding.
12) Zenreach
Employees: 101-250
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Zenreach offers WiFi-powered marketing solutions, which help businesses automatically create connections that build customer loyalty. Since its founding in 2012, Zenreach focused on connecting online marketing with in-store results for a better digital marketing experience. The company provides personalized smart solutions that allow any business to create meaningful connections with their customers. Zenreach has a 401k retirement plan with stock options for its employees among other perks. Zenreach funding has reached a total of $94M in 2018.
13) Forethought.ai
Employees: 11-50
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Forethought specializes in making AI systems that boost customer support productivity. They do so by embedding information retrieval into existing workflows. It was founded in 2017 in San Francisco. They made it their mission to make everyone “genius” at their job. Forethought is the builders of Agatha, which is an AI for customer support. Agatha makes suggestions in the form of in-context answers to support tickets to increase agent productivity. Forethought provides its employees with a 401k retirement plan. They have raised a total of $10M in funding over 2 rounds. Their latest funding was raised in 2018.
14) Instapage
Employees: 101-250
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Instapage is a company that specializes in increasing conversions for advertisers by enabling the creation, personalization & optimization of post-click experiences at scale since its founding in 2012. They are leaders in G2Crowd’s Personalization, Conversion Rate Optimization, A/B Testing, and Landing Page Software grids. The company provides its employees with a 401k retirement plan with stock options among other benefits. Instapage’s funding amounts to $16.6M to date.
15) Fountain
Employees: 11-50
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Fountain was founded in 2014 in San Francisco. The company holds a leading position in mid-market and enterprise hiring platforms for hourly workers. They offer a hiring automation software for the New Service economy, built for speed and scale. Fountain’s main purpose is to help address the challenges around high-volume, high-velocity, and high-turnover recruiting. They do so in the following sectors: retail, delivery, food/beverage, manufacturing, and hospitality. The company offers its employees a 401k retirement plan. Fountain is backed by over $11M in venture capital.
16. Sight Machine
Employees: 51-100
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Founded in 2011 in Michigan and expanded to the Bay area in 2012, Sight Machine is an analytics platform purpose-built for discrete and process manufacturing. With the aid of artificial intelligence, machine learning, and advanced analytics, Sight Machine tries to address critical challenges in quality and productivity throughout the enterprise. Sight Machine offers both traditional and Roth 401k plans and will match up to 2% of your 401(k) elective deferral contributions per pay period. They also grant stock options to all their employees. The company amassed a total of $59.9M in funding.
17) Qordoba
Employees: 11-50
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Qordobo is a Content Intelligence platform that applies AI to help digital teams take control of content and produce impactful copy at scale. It was founded in 2015 and since then focused on combining a fully integrated content manager with Content AI to ensure that user-facing copy stays on-brand, up-to-date, and error-free. Qordoba offers its employees a 401k retirement plan along with stock options. The company is backed by a total of $21M in funding.
18) Lilt
Employees: 11-50
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Lilt was founded in 2015 in San Francisco. The company builds intelligent software to augment translation for businesses and translators. They use a combination of artificial intelligence along with human power to optimize speed, quality and cost. They made it their mission to achieve universal information access so that all people, irrespective of their native language, can learn and grow. Lilt offers a matching 401k retirement plan to its employees. The company has collected a total of $12.5M in funding, with its latest funding raised in 2018.
19) Okera
Employees: 11-50
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Okera specializes in enabling the management of data access and governance at scale for today’s modern heterogeneous data environments. It was founded in 2016 in San Francisco. Their Active Data Access Platform allows agility and governance to co-exist and gives data producers, consumers, and stewards the confidence to unlock the power of their data for innovation and growth. Okera offers its employees a 401k retirement plan. Okera has raised a funding of $14.6M over 2 rounds. Their latest funding was raised in 2018.
20) NovoEd
Employees: 11-50
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NovoEd was founded in 2013 in Stanford and headquartered in San Francisco. They are a leading provider of social and collaborative learning for the enterprise. NovoEd is a cloud-based learning platform that enables the creation and delivery of engaging global learning experiences. This leads to sustainable behavior change and enables business transformation. The company offers its employees a 401k plan with a Flexible Spending Account (FSA) plan and stock options. A total of $4.8M in funding over 2 rounds backs NovoEd.
Conclusion
Companies now exert a lot of effort to make their employees feel valued, appreciated, and most importantly to make them loyal. They use employee benefits and good retirement plans to attract candidates to their businesses. This, in turn, has the potential of making their brand reach top-notch status. Besides, many employees are on the move, and the main aspects they focus on when seeking a new job are employer benefits such as retirement plans. So in the end, it seems that everyone is getting what they need.
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