2021 Traditional Benefits
NPL offers full-time regular employees and their covered dependents comprehensive medical coverage through Anthem Health Plan. Eligibility for medical benefits begins the first of the month following date of hire.
NPL offers full-time regular employees and their covered dependents a dental plan through Principal. The plan provides coverage for preventive services at 100% in-network. Other services are covered up to set percentages based on the plan chosen. Eligibility for dental benefits begins the first of the month following date of hire.
NPL offers full-time regular employees and their covered dependents vision insurance through Principal. An annual eye exam with an in-network provider requires a $10 copay and there are plan allowances for lenses/frames or contacts. Eligibility for vision benefits begins on the first of the month following date of hire.
Vacations are important, not only to the employee, but also to NPL. The company considers it wise and necessary to completely depart from the work environment periodically. Full-time regular employees receive paid vacation as follows:
On date of hire 5 Days
On 1st anniversary date 5 days
On 2nd – 6th anniversary dates 10 days
On 7th – all following anniversary dates 15 days
Full-time employees and part-time employees will receive paid time off for the following holidays:
- New Year’s Day
- Memorial Day
- Independence Day
- Labor Day
- Thanksgiving Day
- Friday following Thanksgiving
- Christmas Eve
- Christmas Day
Employees must work the last scheduled day before and the first scheduled day after the holiday or have pre-approved vacation on those days in order to receive holiday pay.
NPL provides each full-time regular employee with basic term life and basic accidental death and dismemberment (AD&D) insurance in the amount of $20,000. Employees have the option to purchase additional life and AD&D insurance above the basic insurance amounts at group insurance rates. Spouse term life insurance and dependent child term life insurance may also be purchased.
Voluntary Benefit Options
NPL offers a variety of voluntary benefit options including an accident policy, cancer policy, critical care policy, short term disability, and hospital to full-time regular employees and their eligible dependents at group insurance rates.
Retirement Savings Plans
NPL offers a 401(k) plan to allow full-time/part-time regular employees to save for retirement with pre-tax dollars. Employees who have completed 3 months of service can enter the plan on January 1 or July 1 each year. There are no age or hour requirements. Employees can contribute from 1% to 99% of their salary. NPL will make an employer contribution on your behalf in an amount equal to 3% of compensation. Contributions can not violate the 401(k)-limit set annually by the IRS. Vesting starts at 1 year of service, with full vesting after 5 years of service.
Training and Educational Assistance
Employees may be given the opportunity to attend training or educational programs in the course of their employment. NPL may also reimburse employees for the cost and certain expenses associated with attending an approved training or educational course that is job-related.