EMPLOYEE BENEFITS 2019
Designed to support and reward the great people of LMS and their families, our Benefits Package is not just about dollars & days off – it’s about our human, as well as financial, needs.Full time employees are eligible on DAY ONE for:
Personal Time Off Plan (PTOP)
All full time employees begin with a base PTO of 17 days per year, earned cumulatively per pay period, which includes vacation, sick time and personal time. Carry-over of up to thirty-two (32) hours of unused PTO to the following year.|
Years of Service Completed |
Hours per pay period (2 weeks) | Days per Year |
| Upon Hire | 5.23 hours | 17 days |
| 2 years completed | 6.77 hours | 22 days |
| 5 years completed | 8.31 hours | 27 days |
| 10 years completed | 9.85 hours | 32 days (maximum) |
Alternate Work Schedule
Three schedule options to choose from:- Regular Work Week: 8 hours/day Monday – Friday
- 9 hours/day Monday – Thursday with 1/2 day on Fridays
- 9/80 Compressed work schedule – 9 hours/day with every other Friday off
Ten (10) Paid Holidays
LMS pays all full time employees for the following Holidays:- New Years Day/ Memorial Day
- Independence Day /Labor Day
- Thanksgiving Day/ Day after Thanksgiving
- Christmas Eve /Christmas Day
- New Years Eve /New Years Day
- A Floating Holiday
EAP – Employee Assistance Program
24/7 Free Access, Short Term Confidential CounselingHealth Insurance with HRA
Provided by Cigna. LMS pays 80% of the HRA deductible, plus lump sum towards the premium shown below. Employee pays balance of premium on a pre-tax basis. 2019 Deductibles are $3500 (single) and $7000 (couple/children/family).| Medical Insurance Premium | Total Monthly Cost | LMS Pays per month | Employee Pays per month | Employee Cost per pay period |
| Single | $ 561.09 | $ 561.09 | $ 0.00 | $ 0.00 |
| Couple | $ 1,178.27 | $ 841.64 | $ 336.63 | $ 155.37 |
| Parent and Child(ren) | $ 1,066.05 | $ 841.64 | $ 224.41 | $ 103.57 |
| Family | $ 1,683.24 | $ 1,122.18 | $ 561.06 | $ 258.95 |
| HRA | Total Deductible | LMS Contrib. 80% | Employee Contrib. 20% |
| Single | $ 3,500.00 | $ 2,800.00 | $ 700.00 |
| Couple | $ 7,000.00 | $ 5,600.00 | $ 1,400.00 |
| Parent and Child(ren) | $ 7,000.00 | $ 5,600.00 | $ 1,400.00 |
| Family | $ 7,000.00 | $ 5,600.00 | $ 1,400.00 |
401 (K) Retirement Plan
LMS matches 100% of employee contributes up to a maximum of 5%. Roth option is available.Life and AD&D Insurance
Security Mutual Life. $50k Life Insurance and AD&D policy paid 100% by LMS.Short Term Disability Plan, Long Term Disability Plan
Paid 100% by LMSAccident Insurance
LMS pays 100% for Employee (see below for additional optional coverage cost)Dental Insurance
Voluntary coverage through Cigna. Paid by employee on a pre-tax basis through payroll.| Cigna Dental Insurance | Employee Monthly Cost | Employee Cost per pay period |
| Single | $ 34.23 | $ 15.80 |
| Couple | $ 67.45 | $ 31.13 |
| Parent and Child(ren) | $ 100.28 | $ 46.28 |
| Family | $ 149.79 | $ 69.13 |
Vision Insurance
Voluntary coverage through Cigna. Paid by employee on a pre-tax basis through payroll.| Cigna Vision Insurance | Employee Monthly Cost | Employee Cost per pay period |
| Single | $ 5.90 | $ 2.72 |
| Couple | $ 11.80 | $ 5.45 |
| Parent and Child(ren) | $ 11.92 | $ 5.50 |
| Family | $ 19.03 | $ 8.78 |
Accident Insurance
Voluntary coverage through Security Mutual Life. LMS pays 100% of premium for employee. You may add dependent coverage at cost shown below, on a pre-tax basis.| Cigna Accident Insurance | Employee Monthly Cost | Employee Cost per pay period |
| Single | $ 0.00 | $ 0.00 |
| Couple | $ 8.28 | $ 3.82 |
| Parent and Child(ren) | $ 12.13 | $ 5.60 |
| Family | $ 18.68 | $ 8.62 |
Full time employees are eligible following 6 months of service for:
- Scorecard Incentive Program – Annual program that rewards all employees when the company meets its performance goals. Paid quarterly, based on percentage of annual earnings. Key metrics are Net Income, On- Time Delivery and Quality.
Full time employees are eligible following 1 year of service for:
- Tuition Reimbursement Plan – Provides eligible employees with the opportunity to obtain, maintain or improve job-related or career related skills and competencies. 100% reimbursement for As and Bs, up to a maximum $4,000 for academic courses or $2,000 for professional certifications.
- Wellness Reimbursement – Annual benefit up to $350 for permissible exercise activities & equipment.
Full time employees are eligible following 2 years of service for:
- $1,000 Vacation Stipend – Annual benefit to help employees make the most of their time off by helping with vacation expenses. If you go on vacation and you’ve been with us for 2 years, you’re eligible!
Everyone is eligible for:
- Free Fresh Fruit, Yogurt, Seltzer, Coffee and Tea
- BBQs Wednesdays, every other week, all summer long
- Summer & Winter company events
- Fall Harvest Pot-luck, Groundhog Day Chili Cook-Off, Annual Horseshoe Tournament and more
