Benefits

For your health

All health benefits are effective on the first day of the month after completion of 30 days of service

 

MEDICAL

 

Employees are offered the choice of three Blue Cross and Blue Shield plans.  Plan 1 is at a cost to the employee (dependent coverage also available at a cost) with lower co-pays.  Plan 2 is at no cost to the employee (dependent coverage also available at a cost) with slightly higher co-pays.  Plan 3 is an HDHP (High Deductible Health Plan) that is HSA-compliant and is offered at no cost to the employee (dependent coverage also available at a cost). Naturipe® Farms does offer Domestic Partner coverage and all plans include prescription drug coverage.

 

DENTAL

 

Dental coverage for employee and dependents is at no cost through Standard (providing that the employee chooses a medical plan).

 

VISION

 

Vision coverage for employee and dependents is available for purchase through Standard.

 

FLEXIBLE SPENDING ACCOUNTS

 

Both Healthcare and Dependent Care Spending accounts are available for employees to defer up to $5,000 annually on a pre-tax basis and reimburse for eligible expenses. 

 

 

For your protection

 

LIFE/ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE

 

Coverage of $50,000 is provided for each employee at no cost through Standard.

 

LONG TERM DISABILY

 

Long Term Disability coverage for employees is provided at no cost through Northwestern Mutual.

 

SHORT TERM DISABILITY

 

Short Term Disability coverage for employees is available for purchase through Standard.

 

VOLUNTARY TERM LIFE INSURANCE

 

Additional voluntary term life insurance can be purchased for both employees and dependents through Standard.

 

SUPPLEMENTAL BENEFITS

In conjunction with Colonial Life Insurance, Naturipe Farms offers Accident Insurance, Disability Insurance, Cancer Insurance, Critical Illness Insurance, Hospital Confinement Insurance and Universal Life Insurance.  All coverages are paid via payroll deduction and most are offered on a pre-tax basis and available to both employees and their families.

 

For your wealth

401(k) PLAN

 

A 401(k) savings plan is offered that allows you to save a portion of your pre-tax income for retirement.  Employees may contribute any amount of their pre-tax income up to the federal limits and can begin contributing after completion of thirty (30) days of service.  Naturipe® Farms provides a safe harbor non-elective contribution of 4% of your total compensation after completion of one (1) year of service which is immediately 100% vested.

 

For your future

EDUCATION REIMBURSEMENT

 

The program allows employees who have completed at least six (6) months of service to take approved, work-related courses and receive up to $4,000 reimbursement per calendar year.