Benefits

Health Insurance

  • Effective Date

Once your application for insurance has been accepted, coverage will becomes effective the first of the month following 30 calendar days of continuous employment. (Example: With a hire date of February 14, coverage would become effective April 1.) Applications must be completed and returned to the Company's representative administering the plan within thirtyone (31) days of the starting date of the employee's employment to be considered for acceptance.

  • Brief Description of Coverage

The Plan provides comprehensive hospital and major medical insurance coverage. Participants can choose to go to PPO or non-PPO providers of medical services. When using a PPO provider, participants will pay a lower percentage of the co-insurance, a lower deductible, and a lower annual maximum co-insurance amount.

  • Prescription Drug Benefits

The company provides a prescription drug card plan as part of the health benefit program.

  • Coverage Election Period

Employees have up to 31 days from their employment date in which to elect health coverage. Once made, the election is generally fixed until the next open enrollment period as designated by the company. However, if undergoing a family status change (as defined in the Plan document), the employee may make a mid-year change in coverage (for example, the employee may change coverage from individual to family or from family to individual, add or delete dependents or revoke coverage), provided this is done within 31 days from the date of the change in family status. It is the employee's responsibility to contact the company's Benefits Representative to determine if a family status change qualifies under the Plan document and IRS regulations and to make a change in coverage.


Dental Insurance

  • Effective Date

Once your application has been accepted, coverage will becomes effective the first of the month following 30 calendar days of continuous employment. (Example: With a hire date of February 14, coverage would become effective April 1.) Applications must be completed and returned to the Company's representative administering the plan within thirtyone (31) days of the starting date of the employee's employment to be considered for acceptance.

  • Brief Description of Coverage

Participants will pay a percentage of the co-insurance and deductible based on the type of procedure performed.

  • Coverage Election Period

Employees have up to 31 days from their employment date in which to elect dental coverage. Once made, the election is generally fixed until the next open enrollment period as designated by the company.


Vision Insurance

  • Effective Date

Once your application has been accepted, coverage will becomes effective the first of the month following 30 calendar days of continuous employment. (Example: With a hire date of February 14, coverage would become effective April 1.) Applications must be completed and returned to the Company's representative administering the plan within thirtyone (31) days of the starting date of the employee's employment to be considered for acceptance.

  • Brief Description of Coverage

Participants have nationwide access to numerous vision care providers. It is to the employee's advantage to use a designated provider of services to receive maximum benefits.

  • Coverage Election Period

The employee is automatically provided the annual examination benefit and does not need to sign an application form. However, employees desiring additional coverage for themselves or dependents, as described in the Plan Description, have up to 31 days from their employment date in which to elect additional vision coverage. Once made, the election is generally fixed until the next open enrollment period as designated by the company.


Flexible Benefits

The employee's contribution for health, vision and dental coverage will be deducted from the employee's paycheck on a pre-tax basis. This pre-tax advantage is made possible by Section 125 of the Internal Revenue Code.


Life Insurance

  • Effective Date

Once your application has been accepted, coverage will becomes effective the first of the month following 30 calendar days of continuous employment. (Example: With a hire date of February 14, coverage would become effective April 1.) Applications must be completed and returned to the Company's representative administering the plan within thirtyone (31) days of the starting date of the employee's employment to be considered for acceptance.

  • Brief Description of Coverage

Employees will be entitled to life insurance coverage with a face value of $20,000 until the first of the month following one year of service, at which time the coverage will increase to $50,000. This Plan also offers an accelerated life benefit payable in the event of a terminal illness and the ability to purchase additional voluntary life insurance for themselves or dependents.

  • Coverage Election Period

Employees are automatically provided the group life insurance benefit and do not need to sign an application form for enrollment. Employees wishing to purchase additional voluntary life insurance through a payroll deduction plan may do so at any time.


Short-Term Disability Insurance
  • Effective Date

Employees are entitled to Short-Term Disability benefits the first of the month following one year of service.

  • Brief Description of Coverage

Disability coverage is for non-work related sickness or injury. The Short-Term Disability Plan has a maximum benefit period of 22 weeks, subject to a 29 day elimination period. The weekly benefit amount is generally 60 percent of the employee's weekly wage/salary, subject to a maximum weekly limit.

  • Coverage Election Period

The employee is automatically provided Short-Term Disability benefits and does not need to sign an application form for enrollment.


Profit Sharing

The Profit Sharing Plan has two major components: Profit Sharing and a 401(k) Plan.

Profit Sharing

This component consists of a discretionary annual contribution made by the company. The Plan Administrator uses the following two-part formula to determine the company contribution to be placed into each employee's account:

  • Part I is based on the company's profitability.
  • Part II is based on the employee's years of service (10 points for each full year of service) and annual compensation (two (2) points for each $200 of compensation rounded to the nearest $200.)

The company contribution is a completely discretionary contribution and will vary from year to year.

  • Profit Sharing Effective Date

Employees become participants in the Profit Sharing Plan on April 1 or October 1 after completing one year of service with the company.

  • 401(k) Plan

This component allows the employee to set aside pre-tax dollars, via payroll reduction, to a retirement account. The company provides a partial match to employees who defer a portion of their salary into this plan.

  • 401(k) Effective Date

Employees are eligible to join the 401(k) plan and begin participating on the first quarter (October, January, April, July) following their date of hire.


Paid Time Off

The company provides its employees with paid vacation.