GENCO Distribution System Employee Benefit: 401K Plan | Glassdoor

GENCO Distribution System 401K Plan

Updated Sep 16, 2014

34 employees reported this benefit

3.6
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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 12
  • Aug 24, 2018
    StarStarStarStarStar Current Employee in Columbus, Ohio

    Not bad company matches up to so much % of it.

  • Jun 08, 2018
    StarStarStarStarStar Former Client Service Representative in Milwaukee, Wisconsin

    Since salary was so low, it was not possible to contribute to a plan.

  • Apr 21, 2017
    StarStarStarStarStar Former Operations Supervisor in Plainfield, Indiana

    I honestly don't remember much about the 401k other than they matched your first 3%

  • Feb 20, 2017
    StarStarStarStarStar Former logistics engineer in Green Bay, Wisconsin

    confusing and no assistance offered

  • Jan 25, 2017
    StarStarStarStarStar Former Employee in Columbus, Ohio

    100% matching after the 1st year

  • Jun 04, 2016
    StarStarStarStarStar Current Employee in Plainfield, Indiana

    Match up to 6% automatically vested so u keep the money you put in even if you get fired

  • Jan 23, 2016
    StarStarStarStarStar Current Corporate Employee in Pittsburgh, Pennsylvania

    Small match, Limited fund choice, complicated website.

  • Oct 01, 2015
    StarStarStarStarStar Current Document Control Specialist in Plainfield, Indiana

    This is an amazing offer by GENCO. Whatever you put into your 401K, they will match. If you put in $20 per paycheck, you will actually receive $40. You can also borrow from your 401K prior to retirement (a limited amount of times). I believe you can borrow 3x before they cut you off. You can then pay back your first loan and you are able to borrow again.

  • Sep 03, 2015
    StarStarStarStarStar Current Marketing Specialist in Pittsburgh, Pennsylvania

    Good. Immediate tenure after one year employment for 2.5% match

  • Apr 02, 2015
    StarStarStarStarStar Current Inventory Control Superviso in Romeoville, Illinois

    Typical 401K. They will match 100% of up to 6%.


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