Exel, Inc. Benefits

Exel, Inc. offers some retirement plans and welfare benefits. A large number of companies in the United States, like Exel, Inc., sponsor health coverage for their employees, through which employers typically pay a large portion of their employees' health insurance premiums. These contributions are tax deductible for employers and tax-free for employees. Exel, Inc. provides health, dental, and vision insurance. Exel, Inc. also provides group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. Employer-provided retirement plans help to secure a stable flow of money later in life. Exel, Inc. provides defined contribution pension plans. With a defined contribution pension plan, employers help workers save and invest for retirement.