Employee Benefits

This information summarizes the benefits, but in no way replaces or modifies the official documents, tests, and contracts which legally govern their operation.

 

 

 

Boyle employees enjoy a comprehensive package of benefits, including medical/dental/vision coverage, a 401(k) plan, profit sharing, life and disability insurance, and an Employee Assistance Program, among other features. Listed below are the current benefits available to Boyle employees:

Medical/Dental/Vision Insurance

All full time employees are covered by a comprehensive medical, dental and vision plan. Employee's dependents are covered on a cost sharing basis.

Employee Assistance Program

Confidential counseling and consultation services are provided for the employee and their family. The services are for help in dealing with a variety of personal problems and concerns such as stress, anxiety, depression, marital and family problems, financial and legal concerns, dependent care and others.

Life Insurance

All full time employees are covered by life insurance whose value is a function of the employee's age and basic annual compensation.

Accidental Death and Dismemberment

Full time employees are covered by the accidental death and dismemberment policy which is in addition to the life insurance. The benefits of the policy depend upon the type of loss and the employee's basic annual compensation.

Wage Continuation Plan and Long Term Disability Insurance

The wage continuation plan provides protection from loss of income due to a long term illness or disability for the first six months of disability. After six months the Long Term Disability insurance provides the same protection. These benefits are coordinated with Worker's Compensation, State Disability and Social Security.

401(K)

Participants may elect to defer a percentage of their compensation on a before-tax basis to the maximum allowed by the Internal Revenue Service.

The 401(K) plan does not include provisions for matching contributions from the company. Instead, the company elected to share its profits with all employees rather than just rewarding those employees that are able to set aside a portion of the income into their 401(K) plan.

Profit Sharing Plan

A portion of the firm's profits are shared with employees through the firm's annual discretionary contribution to the plan. Allocation of the contribution is based upon total compensation up to the maximum allowed allowed by the Internal Revenue Service.

Personal Time Off

Time off for vacation, illness or bereavement is included in Personal Time Off.

Holidays

Seven (7) Company recognized paid holidays.