When am I eligible for 401K?

BGCP's 401(k) plan allows Full-Time & Part-Time employees to work towards their future dreams through easy and convenient payroll deductions. Team members are eligible to start actively participating after 90 days of employment. BGCP offer several options of financial institutions to start saving for retirement.

Employer Contributions:
3% contributions
Eligibility requirement:
•You must be employed for 1 year with BGCP
•You must work at least 1000 hours
•You must contribute at least 1% to your 401K plan
When are you eligible?
•Employees are eligible the following quarter after successfully completing 1 year of service and working 1000 hours.

End of Year 7% contributions:
Eligibility requirement:
•You must be employed for 90 days with BGCP
•You must work at least 250 hours within your first 90 days
•You must contribute at least 1% to your 401K plan
•You must be employed with BGCP on June 30th to receive the end of year 7%employer contribution.
When are you eligible?
•Employees are eligible the following quarter after successfully completing 90 days of service and working 250 hours.
*7% end of year profit sharing is at the discretion of the company and subject to board approval

How do I access my 401K portal?

You can follow the below pathway to get to the MyKPlan portal:

ADP Dashboard> Myself tab> Benefits>Retirement Savings