Headquarters: Oklahoma City, Okla.
Number of Employees: 9,100
Year founded: 1989
Chesapeake Energy,an oil- and gas-exploration company based in Oklahoma City, has one of the highest matches – 100 percent up to 15 percent of an employee’s pay.
The catch is that the match is entirely in Chesapeake stock, which has fluctuated from $11 to more than $60 a share in the past year. It’s currently around $20 a share. However, the investment vests 20 percent each year and once fully vested, employees can transfer their personal contribution to one of 27 different investment options.
Plus, the company provides quarterly financial training to all employees.
They have a 90 percent participation rate in their plan, with employees contributing an average of 9 percent of their base salary and 15 percent of their bonus – well above the average deferral rate of 8 percent, according to Fidelity.