Delta Hiring News
10-21-2013 | 09:29 PM
#2081
Gets Weekends Off
Joined: Jan 2008
Posts: 496
Likes: 0
And there's NO good reason for anyone to come to SLC. The winters are brutal, the air quality is terrible, and polygamy is mandatory (or so I'm told). Nothing to see here. Move along.
Last edited by Bluto; 10-21-2013 at 09:41 PM.
10-22-2013 | 07:53 AM
#2083
New Hire
Joined: May 2010
Posts: 2
Likes: 0
Just curious how the 401K plan works at Delta.
What company manages the plan and is there a good selection of funds available to choose from? Is there a self directed component available?
Also, how do the contributions (2% and 12%?) get distributed for you high earners that exceed the annual 401K contribution limits?
Thanks
What company manages the plan and is there a good selection of funds available to choose from? Is there a self directed component available?
Also, how do the contributions (2% and 12%?) get distributed for you high earners that exceed the annual 401K contribution limits?
Thanks
10-22-2013 | 08:53 AM
#2085
Gets Weekends Off
Joined: Jan 2008
Posts: 1,890
Likes: 0
From: 737A
DTW will most likely be available right away to new hires. Jr bases will be NYC and DTW, maybe some new hires to the 717 or 88 in ATL.
10-22-2013 | 08:56 AM
#2086
Runs with scissors
Joined: Dec 2009
Posts: 7,847
Likes: 0
From: Going to hell in a bucket, but enjoying the ride .
NYC has always been one of the most junior bases, due to a couple factors; the high cost of living (in a crash pad) and having to cover all 3 airports.
Not sure where all the 717's will end up, but if/when they get a bunch into DTW, it will get more junior. You might be a few years in NYC before you can hold DTW, as the guys senior to you in NYC, who want DTW, go there first.
Like everything else, this is all subject to change the next time the wind blows...
10-22-2013 | 08:56 AM
#2087
Gets Weekends Off
Joined: Mar 2011
Posts: 1,410
Likes: 1
From: Cockpit speaker volume knob set to eleven.
10-22-2013 | 08:58 AM
#2088
Gets Weekends Off
Joined: Jan 2008
Posts: 1,890
Likes: 0
From: 737A
Just curious how the 401K plan works at Delta.
What company manages the plan and is there a good selection of funds available to choose from? Is there a self directed component available?
Also, how do the contributions (2% and 12%?) get distributed for you high earners that exceed the annual 401K contribution limits?
Thanks
What company manages the plan and is there a good selection of funds available to choose from? Is there a self directed component available?
Also, how do the contributions (2% and 12%?) get distributed for you high earners that exceed the annual 401K contribution limits?
Thanks
Assuming you max out your 17,500 in 401k contributions, you have to gross over 220K to hit the 415 max of 51,000. Won't be a factor at Delta for most until you are over 50 and able to make catch up contributions.
Last edited by nwaf16dude; 10-22-2013 at 09:12 AM.
10-22-2013 | 08:59 AM
#2089
Line Holder
Joined: Feb 2012
Posts: 26
Likes: 0
From: Lear 45 Left
Thanks for the info, nwaf16dude. One last question, what would be the aircraft a new hire would most likely be award? I understand its a moving target but take a WAG.
10-22-2013 | 09:02 AM
#2090
Gets Weekends Off
Joined: Jan 2008
Posts: 1,890
Likes: 0
From: 737A
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