Benefit Highlights 2018-05-24T13:34:26+00:00

Benefit Highlights

The Specialty Mfg Co.’s benefit program is designed to offer eligible employees the flexibility to select benefits that best suit their individual needs and goals. SMC puts a strong emphasis on having an appropriate work life balance, and our benefit package certainly reflects that. The following is a brief highlight of benefits offered to full-time SMC employees. Please refer to the SMC Benefit Guide for additional information.

Medical Insurance: CCS (Blue Cross Blue Shields)
Tier: Employee Premium: SMC Contribution:
Employee Only $80.00 (Month) $503.57 (Month)
Employee + Child(ren) $175.00 (Month) $1,108.86 (Month)
Family $250.00 (Month) $1,734.15 (Month)
No Cost for utilizing Telemedicine or Retail Office Visits (Ex: Minute Clinic, Target, CVS, Cub)
Low yearly deductibles and out of pocket maximums
Dental Insurance: Delta Dental
Tier: Employee Premium: SMC Contribution:
Employee Only $15.00 (Month) $18.61 (Month)
Employee + Child(ren) $32.00 (Month) $31.86 (Month)
Employee + Spouse $35.00 (Month) $35.58 (Month)
Family $52.00 (Month) $52.20 (Month)
Coverage has an annual maximum of $1,500 per person covered
Preventative care is covered at 100% with no cost to the employee
Vision Insurance: EyeMed
Tier: Employee Premium:
Employee Only $6.53 (Month)
Employee + Child(ren) $13.05 (Month)
Employee + Spouse $12.40 (Month)
Family $19.19 (Month)
Coverage allows for choice between glasses or contacts, and includes discounts for Lasik
Paid Time Off & Holiday Pay
15 days of Paid Time Off (increases based on years of service)
Average 9 paid Holidays per year
401(k) Profit Sharing Plan
SMC has a discretionary contribution up to 25% of an employee’s annual salary in their 401(k)
SMC has a history of consistently contributing between 20% and 25%
An employee making $13 an hour would be eligible for a contribution up to $6,760 annually
An employee making $20 an hour would be eligible for a contribution up to $10,400 annually
An employee making $25 an hour would be eligible for a contribution up to $13,000 annually
Wage Continuation Plan (Short Term Disability)
No cost to employee (paid for by SMC)
Covers 60% of lost wages after a 10-day waiting period (waiting period waived for maternity)
12 weeks of paid disability benefits available annually
Long Term Disability Insurance
No cost to employee (paid for by SMC)
Covers 60% of lost wages after 90-days of continuous disability
Life and AD&D Insurance
Employee, spouse, and dependent coverage available at no cost to the employee (paid for by SMC)
Flexible Spending Accounts (FSA)
Employees are eligible to set aside pre-tax dollars to pay for eligible Medical and Dependent Care expenses
Guidelines are established by the IRS and govern all eligibility requirements, which change yearly
Paid Day Off for Annual Physical
Employees are awarded a full day off with pay to attend their annual physical.
Tuition Assistance & Educational Reimbursement
SMC offers Tuition Assistance & Educational Reimbursement to all employees with over one year of service
Steel Toe and Safety Glasses Reimbursement
SMC will reimburse employee purchases for safety glasses and steel toed shoes who work in designated areas