Efco Corp. Benefits

At Efco Corp., they offer some retirement savings plans and perks to promote employee well-being. Like Efco Corp. workers, a large number of employees in the United States depend on employer-funded group health insurance, through which a significant portion of each worker's health insurance premium is covered by their employer. These contributions are tax deductible for companies and tax-free for workers. Efco Corp. provides health, dental, and vision coverage. Efco Corp. also provides group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. Employer-provided pension plans help to secure a stable source of cash later in life. Efco Corp. offers defined contribution pension plans. With a defined contribution retirement plan, companies help employees save and invest for retirement.