Full-time employees of AMERICAN SYSTEMS are eligible for our comprehensive benefits package to ensure they receive the work-life support they need in and out of the office. Our benefits package includes the following:
- Medical Insurance
- Dental Insurance
- Vision Plan
- Section 125 Plan
- Life and AD&D Insurance
- Short and Long-Term Disability
- Critical Illness insurance
- Long term Care Insurance
- 401(k) Plan
- Employee Assistance Program (EAP)
- Employee Stock Ownership Plan (ESOP)
- Scholarship Program
- College Savings Plan
medical plan provides three Blue Cross & Blue Shield/Anthem
coverage options. TRICARE Supplement coverage also is available.
Coverage begins on date of hire.
have a choice of managed care (DMO) or preferred provider network (PPO)
coverage. Orthodontia coverage for children and adults also is
for eye examinations and eyewear materials (lenses and frames, contact
lenses) is provided through both network and non-network providers.
Section 125 Plan
may contribute to a flexible spending account (FSA) for the tax-free
reimbursement of out-of-pocket medical and dependent care expenses.
Life and AD&D Insurance
insurance and AD&D coverage amount will depend on your job position
and salary. Employees also may purchase supplemental coverage through
Short and Long-Term Disability
provides salary continuation equal to 60 percent of pay up to a weekly
maximum for as many as 11 weeks if you are unable to work for 14
consecutive days because of a non-work related illness or injury. LTD
provides salary continuation equal to 60 percent of pay up to a monthly
maximum if you have been unable to work for 90 consecutive days because
of a non-work related illness or injury. Employees who do not enroll
within 30 days of hire must complete a medical questionnaire.
Employer-provided workers' compensation insurance provides coverage for
Critical Illness Insurance
Employees may purchase
critical illness insurance for themselves and eligible dependents through
MetLife which provides up to a $20,000 lump sum cash, non-taxable benefit
payment for certain covered major medical conditions to help improve financial
Long Term Care Insurance
LTC is available for purchase
by employees and their extended family. This benefit covers expenses for
long term care services whether received at home or in a nursing facility.
The 401(k) plan offers a full range of investment options. Employees are
automatically enrolled after 30 days of employment in the plan at 6% deferral
and may contribute up to the maximum amount permitted by IRS rules.
Employee Assistance Program (EAP)
employer-paid Employee Assistance Program provides all employees and
their family members with confidential assessment, referral, resources,
and crisis intervention to help resolve issues such as personal well
being, parenting and childcare, eldercare, financial problems, and legal
Employee Stock Ownership Plan (ESOP)
ESOP provides employees with a stock ownership interest in AMERICAN
SYSTEMS, thereby allowing employees to share in its growth and
employees are eligible to apply for financial assistance to complete
undergraduate and graduate courses in fields of study consistent with
company goals. Employees may receive up to $5,250 per calendar year in
manage their vacation and sick leave through a Paid Time Off (PTO)
program. Your PTO leave accrual rate and eligibility will depend on your
position and your length of service with the company.
AMERICAN SYSTEMS observes nine paid holidays per year.
College Savings Plan
can invest funds for educational expenses through direct deposit in a
Section 529 College Savings Plan with Alliance Capital. Under current
law, fund earnings accumulate tax-free and are not subject to tax when
Home & Auto Insurance
Employees can enroll in MetLife’s Home & Auto Insurance coverage through payroll deduction. A group discount is provided.
Employees can obtain healthcare coverage for their pets though an easy and convenient payroll deduction process.
For more information contact us at: HR@AmericanSystems.com
AMERICAN SYSTEMS reserves the right to amend or terminate these plans without prior notification.