34 employees reported this benefit
Not bad company matches up to so much % of it.
Since salary was so low, it was not possible to contribute to a plan.
I honestly don't remember much about the 401k other than they matched your first 3%
confusing and no assistance offered
100% matching after the 1st year
Match up to 6% automatically vested so u keep the money you put in even if you get fired
Small match, Limited fund choice, complicated website.
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.
Good. Immediate tenure after one year employment for 2.5% match
Typical 401K. They will match 100% of up to 6%.