Peco Foods, Inc. Benefits

Peco Foods, Inc. provides some retirement plans and welfare benefits. Numerous American businesses, like Peco Foods, Inc., fund group health benefits, through which a significant portion of each employee's health insurance premium is covered by their employer. These contributions are tax deductible for businesses and tax-free for workers. Peco Foods, Inc. provides health plans. Peco Foods, Inc. also offers group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. Employer-provided retirement plans help to ensure a steady flow of money later in life. Peco Foods, Inc. provides defined contribution pension plans. With a defined contribution retirement plan, employers help workers save and invest for retirement.