Peterson Mechanical Highlight of Benefits

We offer a competitive benefits package:

Group Medical Insurance

  • Company pays 80% of monthly bronze premium
  • Current carrier is Blue Cross; 13 BS plans to choose from

Group Dental Insurance

  • Company pays 100% of employee monthly premium
  • Current carrier is Cypress Dental

Dependent Insurance

  • Employees may add dependents to group plan coverage
  • Company pays 60% of monthly bronze premium

Long Term Disability

  • Company pays 100% of premium
  • Supplements the State Disability Plan
  • Salary continuance at 60% up to $5,000 per month

401K

  • Company match: 100% of employee’s contribution up to 3% of compensation plus 50% match on contributions from 3% to 5% of compensation (excludes bonuses)
  • Match is made annually on a one-time basis
  • Choice of Mass Mutual self-directed investment options; includes a fixed investment option with a 3% guarantee
  • Match is made annually on a one-time basis, no later than June 15th of the following year

Profit Sharing

  • Discretionary contribution to 401K plan of 7 to 15% of employee compensation (excludes bonuses)
  • Match is made annually on a one-time basis, no later than June 15th of the following year

Voluntary Benefits

  • Employees can choose Critical Care Insurance, Hospital Coverage, Cancer and Accident Insurance, Whole or Term Life. A Long Term Care rider is available.

Employee Assistance Program

  • Referral based benefit for situations such as legal, financial and substance abuse assistance.

PTO (Personal Time Off)

  • 9 to 18 days per year based on years of service

Paid Holidays

  • 10 paid holidays per calendar year