401(k)
Plan
This is the most enriching form of retirement savings a company can offer.
Upon qualifying for enrollment, contributions may be made on a pre-tax
or after-tax (ROTH) basis. Aiding you in achieving your retirement goals,
the Company provides a 3% mandatory company contribution and a match
based upon Company profits.
Direct Deposit
Paychecks can be automatically deposited into employees’ bank accounts
for safety and convenience. Additionally, funds can be routed to numerous
different accounts.
Savings Bonds
Employees can purchase series EE or I U.S. Savings Bonds through convenient
payroll deductions
Tax Savings
Employee insurance premiums for medical, dental and vision are paid on a pre-tax basis thus reducing the amount of
your taxable income, which means more take-home pay.
Flexible Spending
Accounts
Medical and Dependent Flexible Spending Account Programs allow employees
to set aside pre-tax dollars to pay for qualified medical and dependent
expenditures. An added feature of this program is a MasterCard debit
card to assist in purchasing and tracking expenses. Using these programs
helps to lower employees’ taxable income base and provides more
take-home pay.
Group Legal Plan/Identity
Theft Shield
The Group Legal Plan provides a variety of prepaid legal services, as
well as other legal services at discounted hourly rates. Prepaid services
include will preparation, document review, motor vehicle services and
consulting. An additional benefit protects you against identity theft.
College Savings
Plan
Employees can save through payroll deductions for their own, their dependents,
or their grandchildren’s college needs. See the investment grow
in a tax-free vehicle. |