401(k) Benefits are poor; and then worse after you leave - FMLA Specialist ComPsych Employee Review

1.0
16 Feb 2016
Recommend
CEO approval
Business outlook

Pros

Please pay very close attention to how poor the employee benefits are. Not only are the Health Care premiums ridiculously expensive, but the 401(k) program is way below market average.

Cons

I left ComPsych in 2015 and went to rollover my 401(k) assets to my new employer only to find out that the brokerage fee to conduct a withdrawal is equal to $100. Yes, Dr. Richard Chaifetz arranged for there to be a broker aligned to this 401(k) account and the broker provides zero (0) services to the plan participants; yet it is costing me $100 to withdrawal my money. The whole Voya broker personal relationship with Dr. Chaifetz is unbearable, and it once again is at the employee's (and former employee's) expense. Just like how everything there is run, through personal relationships without any benefit to the employee. Word of advice, if you are silly enough to work there, sign up for a Roth IRA instead of their 401(k) plan.

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5.0
26 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Very stable employer with many opportunities for learning and growth. Ability to work fully-remote and employer provides the necessary technology for you. Full benefits and perks provided at service anniversaries.

Cons

Like most employer now PTO is limited to start, but is more generous later.

4.0
25 Jun 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I have spent many years in many different organizations. I can honestly say that I feel more at home at Compsych than anywhere else in my career. The work brings me into contact with peers who are extremely helpful and kind. Upper levels of management are approachable and interested in suggestions and the success of the employees. I am very happy to be spending my years before retirement in such an environment.

Cons

Contact with the public, of course, has drawbacks. There can be people who are very, very difficult to deal with. I am trying to learn how to let it go and move on.

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