We have gone without a 401k match here at the dealership since 2008. When the tough times came, that was one of the first things that needed to be cut to keep expenses low.
Now that we are back where we need to be, we are planning on reinstating the 401 k match soon. We used to match up to 2% as long as the employee contributed 4% or more. I'm curious to see what others dealerships out there offer on a 401k match if anything? I would like to see what the standard is in order to make sure we set up something that is fair to the employees.
Let me know what you think...