K&D is committed to providing the finest in health and welfare programs to ensure total well-being for our employees and their families. All full-time employees are eligible to participate in the benefits plans upon completion of their 60 day introductory period. The following is a summary
of K&D sponsored benefits.
401K K&D offers a 401(K) retirement plan through Lincoln Financial Services. You are eligible to participate in the 401(K) after 60 days of employment and attained age of 18. If you miss the initial enrollment date you can enroll on the 1st day each month thereafter. K&D offers a match of 25% of your deferrals up to 5% of your gross. The match is subject to a vesting schedule.
MEDICAL All eligible employees are able to enroll in medical coverage through Anthem Blue Cross/Blue Shield. The insurance is effective the first of the month, following the employee’s 60-day introductory period. A detailed summary of the plan can be obtained from Human Resources.
DENTAL All eligible employees are able to enroll in dental coverage through Anthem Blue Cross/Blue Shield. The insurance is effective the first of the month, following the employee’s 60-day introductory period. A detailed summary of the plan can be obtained from Human Resources.
LIFE AND AD&D All eligible employees are able to enroll in life insurance coverage through Anthem Blue Cross/Blue Shield. The group life insurance benefit is $15,000. The benefits also provides for accidental death and dismemberment coverage equal to the life limit. K&D pays for the group life insurance premium.
OPTIONAL LIFE The employee can elect optional life for themselves and dependents through Anthem Blue Cross/Blue Shield. The employee is responsible for 100% of the premium. Employee coverage is available in $10,000 increments. Spouse coverage is available in $5,000 increments. Dependent child coverage is available at $5,000 or $10,000 only. The insurance is effective the first of the month, following the employee’s 60-day introductory period.
VOLUNTARY SHORT TERM DISABILITY The employee can elect STD coverage through Anthem Blue Cross/Blue Shield. The employee is responsible for 100% of the premium and premium payments are based upon age and salary. The benefit can be up to 60% of the employee basic weekly salary, up to $1,000, maximum. Coverage is elected in $50 increments. Eligibility to collect STD is after one year of contributing.