benefits offering. - ACP | Accelerated Cooking Products

PTO (Paid Time Off)
Time off with pay, or PTO, is available to eligible employees to
provide opportunities for rest, relaxation, personal pursuits and to
recover from illness.
PTO is awarded annually based on an employee’s hire date, subsequent anniversary date and years of employment according to the
schedule outlined below. When transitioning from one level of PTO
benefit to another, the increase in earning rate will begin on the
employee’s service anniversary date.
Continuous Service Annual Hours for
Production EE’s
90 days (hired 9/1/13
or after)
Annual Hours for
Non-Production
40 hours
40 hours
0-4 full years (hired
prior to 9/1/13) 1-4
full years (hired
9/1/13 or after)
80 hours
5-9 full years
120 hours
144 hours
10-14 full years
160 hours
184 hours
104 hours
Life & Disability
Costs are paid by ACP, Inc.
Life/AD&D (CIGNA)
2 x salary to $150,000 (exempt salaried)
1 x salary to $50,000 (non-exempt/hourly)
Short Term Disability (Sun Life)
Coverage Begins: 8th day of accident or illness
Coverage Duration: 26 weeks
Coverage Level: 67% of covered earnings to $1,500/week
Long Term Disability (Sun Life)
Coverage Duration: Social Security Normal Retirement Age
Coverage Level: 60% of covered earnings to $10,000/month
Other Voluntary Benefits
CIGNA
Life and AD & D Benefits for Employees &
their Dependents
Allstate
Critical Illness Coverage
PTO should be taken prior to the employee’s anniversary date; hours
not used prior to this date will be forfeited.
Flores & Associates
Flexible Spending Account (FSA)
Holidays
Mercy Hospital
Employee Assistance Program (EAP)
15+ full years
200 hours
224 hours
Effective 1/01/14, production employees will be given a total of 100
hours of company holiday PTO (10 holidays at 10 hours per day)
including: New Year’s Day, Memorial Day, Independence Day
(July 3), Labor Day, Thanksgiving Day, Christmas Eve Day,
Christmas Day, Holiday Shutdown (TBD each year) & New
Year’s Eve Day.
Non-production/office employees receive 9 paid holidays as follows:
New Year’s Day, Memorial Day, Independence Day, Labor
Day, Thanksgiving Day, Friday after Thanksgiving, Christmas
Eve Day, Christmas Day & New Year’s Eve Day.
401k Retirement Savings Plan (ADP)
When are employees
eligible to enroll?
1st of the month following 3
months of service
How much can an employee
contribute?
1% to 80% of eligible pretax pay
Does the company match
employee contributions?
Company will match 100% of the
1st 3% of employee contributions
& then 50% of the next 4%
When are employees
vested?
Employees are 100% vested
immediately
Traditional and Roth 401(K) Options Available
CHANGINGTHEWAYTHEWORLDCOOKS
Coverage Begins: 181st day of disability
Contact Information
Kimberley Port
Director of Human Resources
Phone: (319) 368-8131
Fax: (319) 368-8198
Company Information
and
BENEFITS SUMMARY
225 49th Ave. Dr. SW
Cedar Rapids, Iowa 52404
Phone: (319) 368-8120
Fax: (319) 368-8198
website: www.acpsolutions.com
e-mail: [email protected]
Pre-employment drug testing and physical required.
The benefits provided by ACP, Inc. are subject to revision,
modification, or termination at anytime or for any reason.
The information stated in the Summary Plan Document
prevails.
Thank you for your interest in ACP, Inc.
REV April 2014
Welcome to
ACP, Inc.
History
Amana was originally established in 1934. In 1965, Amana became a
wholly-owned subsidiary of Raytheon Company. Raytheon had
technology that complemented the manufacturing and marketing
capabilities of Amana. Through this collaboration, Amana introduced the WORLD’S first 115-volt portable countertop microwave oven. Raytheon eventually sold the Amana Appliance business
and Amana Appliances went through several ownership changes
until being purchased by Whirlpool Corporation in 2006. In 2006
Whirlpool sold the Amana commercial products division which was
acquired by AGA Foodservice Group. Effective December 2007,
we are now part of Ali-Spa, an Italian based commercial foodservice
equipment company.
Today
Today, we are ACP, Inc. (Accelerated Cooking Products) and our
brands include Amana® Commercial and Menumaster®. ACP, Inc.
remains the leader in providing high speed cooking solutions to the
foodservice industry.
Benefits Summary
Following please find a summary of the benefits offered to all fulltime ACP, Inc. employees. ACP, Inc. prides itself in offering an
engaging and fun work environment, as well as a very competitive
compensation and benefits program.
Medical (Cont’d)
BCBS of North Carolina Plan 1
In-Network:
Individual Deductible
Family Deductible
Individual Out-of-Pocket
$350
$700
$2,500
Family Out-of-Pocket
$5,000
Office Visit Copay
$20/$40
Co-Insurance
90%
ER copay
$150
Plan 1
In-Network:
Individual Deductible
Deductible
$25
$50
Family Deductible
$1,200
Family
$75
$150
Individual Out-of-Pocket
$3,000
Family Out-of-Pocket
$6,000
Benefit
$1,500
$1,000
Office Visit Copay
$25/$50
Preventive Services
100%
100%
Co-Insurance
80%
Basic Services
ER copay
$150
Endodontics
80%
50%
Prescription Tiers
$10 / $35 / $55
Periodontics
80%
50%
Routine Physicals
No Ded 100%
Oral Surgery
80%
80%
Fillings
80%
80%
60%
50%
$1,500 Lifetime Max.
Ded 50%
Not Covered
Mail order prescriptions available.
BCBS of North Carolina Plan 3
In-Network:
Individual Deductible
$1,100
Major Services
Crowns
Family Deductible
$2,200
Bridges
Individual Out-of-Pocket
$4,000
Dentures
Family Out-of-Pocket
Office Visit Copay
$8,000
$30/$60
Orthodontics
Co-Insurance
ER copay
70%
$200
2014 Contributions
Prescription Tiers
Routine Physicals
$10 / $40/ $65
No Ded 100%
Monthly Pre-Tax Payroll Deduction Figures
Mail order prescriptions available.
Vision (VSP)
Frequency of Service
Exam
Materials:
Lenses
1 per 12 months
1 per 12 months
1 per 24 months
Frames
Contact Lenses (in lieu
1 per 12 months
of frames & lenses)
Copayment
Exam
Material
Benefits (after Copay)
$10 Copay
$25 Copay
In VSP Network Non-VSP Network
Eye Exam
Covered in Full
Up to $46
Single Vision Lenses
Covered in Full
Up to $55
Bifocal Lenses
Covered in Full
Up to $75
$10 / $30 / $45
Trifocal Lenses
Covered in Full
Up to $95
Routine Physicals
No Ded 100%
Lenticular Lenses
Covered in Full
Up to $125
Up to $150
Up to $45
Frames
Contact Lenses:
Medically Necessary Covered in Full
Elective
Up to $150
MEDICAL (with Wellness Initiative Discount)
Plan #1
Plan #2
Employee
$160.97
$102.61
$63.35
Employee / Child(ren)
$294.69
$192.83
$120.85
Employee / Spouse
$317.15
$206.81
$128.29
Family
$473.12
$310.97
$193.18
DENTAL
Prescription Tiers
Mail order prescriptions available.
Plan 2
$600
Medical (BCBS of North Carolina)
ACP, Inc. offers three medical plans
Dental (Guardian)
BCBS of North Carolina Plan 2
Up to $210
Up to $105
Employee
Plan #1
$8.83
Plan #2
$6.22
Employee / Child(ren)
$20.04
$14.40
Employee / Spouse
$17.66
$12.66
Family
$26.00
$18.00
VISION
With Safety
Glasses
$10.18
Employee
$13.41
Employee / Child(ren)
$13.36
Employee / Spouse
$21.18
Family
w/o Safety
Glasses
$6.76
$10.15
$10.11
$17.73
Plan #3

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