At LDF Food Group-Wendy’s, it is our goal to provide our employees with a comprehensive benefits package*
*Not all employees are eligible for all benefits. All benefits are subject to the terms of specific insurance and LDF policies which are subject to change without notice.
Did you know that in addition to giving you the opportunity to save pre-tax dollars, LDF adds 15% to your 401(k) account contributions? And that you can choose from 18 different investment options allowing your money to grow at an even faster rate? You can also check your 401(k) account balance, move money between funds and change your investment options as often as you like! To be eligible for the LDF 401(k) Plan, you must have been employed for at least one year, worked 1000 hours or more, and be 21 years of age or older.
Investment Options Three investment options make it easier for you to create a diversified portfolio. Most people can easily identify themselves as Conservative, Moderate or High Growth when it comes to investing money. To allow you to get the maximum advantage of these tendencies, the LDF 401(k) Plan has three diversified portfolios that are pre-designed to fit these investing profiles. You can simply select one of these three options and your account will be allocated accordingly. In addition, Target Date Retirement Funds allow you to pick one fund that will automatically adjust its diversification to become more conservative as you near your retirement age. This is a great option for those who are not comfortable picking out their own investments. There are 9 Target Date Funds to choose from. The idea is to pick the fund that is closest to your expected retirement year. Target date Funds seek to help young investors stay ahead of inflation over time by using a higher percentage of equity investments. For those investors closer to retirement, the funds seek to protect their savings through more emphasis on income oriented investments. Nine Additional American Funds American Balanced Fund, Bond Fund of America, Growth Fund of America, Investment Company of America, EuroPacific Growth Fund, Money Market Fund, New World Fund, Capital World Growth and Income Fund, and Capital World Growth Bond Fund are available to you as investment options in the LDF 401(k) plan.
Automatic Enrollment Without a doubt, the biggest obstacle most people face in accumulating funds for retirement is procrastination. We know we need to get started, but just don’t get around to it. Automatic Enrollment has redefined procrastination to work in your favor! Every January and July, all eligible employees who are not yet participating in the LDF 401(k) Plan will be automatically enrolled at 2% of their pre-tax pay.
Automatic Increase Effective each July the contributions for everyone who was enrolled automatically in prior years will automatically increase by 1% up to a maximum of 6% of their pre-tax pay. Of course, in both Automatic Enrollment and Automatic Increase, you will be able to select investment options, increase your contributions to as high as 20% or opt out of the LDF 401(k) Plan and/or automatic increase if you so choose.
It’s Your Money You are always 100% vested in your own contributions and can take that money as well as any investment earnings with you if you leave LDF for any reason. You can roll your money over into an Individual Retirement Account (IRA), another company’s qualified 401(k) plan or take a cash pay out. In addition, you begin vesting in LDF’s contributions after two years and are 100% vested after six years. You can also borrow from your LDF 401(k) account for any reason and pay yourself back through payroll deductions.
AUTOMATIC ENROLLMENT + AUTOMATIC INCREASES + PRE-TAX SAVINGS + 15% FROM LDF + 18 INVESTMENT EARNINGS OPPORTUNITIES = A GREAT DEAL!
Visit www.americanfunds.com or call 888-260-2580 for detailed information about the 18 investment options, to access your personal 401(k) account, learn about retirement planning and take advantage of a wealth of market and investment advice. You may also call Bob Crew (Triune Financial Partners, LLC) at 888-887-4863 or visit www.triunefp.com for information and investment advice.
REMEMBER ALL ELIGIBLE EMPLOYEES WHO ARE NOT ALREADY PARTICIPATING WILL BE AUTOMATICALLY ENROLLED IN THE LDF 401(k) PLAN AT 2% OF PRE-TAX PAY EACH JANUARY AND JULY AND HAVE THEIR CONTRIBUTIONS INCREASED BY 1% EVERY JULY UP TO A MAXIMUM OF 6% OF PRE-TAX PAY.
WHAT A GREAT WAY FOR YOU TO SAVE TAX DEFERRED DOLLARS, GET AN ADDITIONAL 15% FROM LDF AND WATCH YOUR MONEY GROW!!!
IF YOU HAVE ANY QUESTIONS OR DO NOT WANT TO TAKE ADVANTAGE OF THIS GREAT PROGRAM, PLEASE CALL YOUR HUMAN RESOURCES REPRESENTATIVE AT 316-636-5575 OR TOLL FREE AT 866-602-0862.
Blue Cross Blue Shield Kansas is the name of our Health Care provider. You can visit www.bcbsks.com to find summaries of the LDF medical, dental and disability plans, review your claims, verify benefit enrollment information, request ID cards, download forms and access a wealth of general health care information. Always remember to have your Blue Cross ID card available when visiting your providers.
There are many important wellness componenets to our LDF Health Care Plan which do not require any deductibles or coinsurance on your part, including Annual Routine Physical Examinations, Colon/Rectal Cancer Screens (including a Colonoscopy or Sigmoidoscopy once every five (5) years for those age 50 and older), Immunizations, Annual Routine Eye Exams, Semi-Annual Dental Exams, PSAs, Mammograms, Pap Smears, Well Baby Care, Flu Shots, a 24/7 Nurse Line 877-950-5083 where registered nurses will answer your questions and provide information, education, and support for health related concerns.
LDF also offers discounts at YMCAs in Wichita, SKY Fitness in Tulsa and Jenny Craig, Curves, Global Fit or the fitness center of your choice in all LDF markets. Please visit www.bcbsks.com for discounts on wellness, fitness, nutrition, weight loss, smoking cessation, and lasik surgery programs. Always remember to have your BlueCross ID card available when applying for these benefits.
The following are some tips on how to save money while taking advantage of your LDF benefits:
Name brand drugs can be very expensive and by law their generic equivalents must be the same formula and provide the same medical benefits. So visit bcbsks.com to determine if there are generic equivalents for any name brand drugs that you are taking, then check with your doctor to see if they can be prescribed for your needs.
In addition to all of the above, LDF contributes cash to your personal Health Savings Account with Discovery Benefits which has replaced INTRUST Bank as our HSA provider. Family plan participants receive $1,500.00 per year ($57.69 per payroll). Single +1 participants receive $1,000.00 ($38.46 per payroll). Single participants receive $600.00 ($23.08 per payroll). All plan participants can also make tax free contributions into their Discovery Benefits HSA through payroll deduction at any time. You can verify your LDF contributions, personal tax-free contributions, purchases, and account balance by visiting www.DiscoveryBenefits.com.
You can use your Discovery Benefits HSA Debit Card for most medical expenses. Please visit www.DiscoveryBenefits.com for a complete listing of all tax-free, eligible expenses The cash in your HSA is your money! It accumulates from year to year, earns interest, and is yours to take with you or if you leave LDF for any reason.
The majority of LDF plan participants have spent less on health care and have cash balances in their Health Savings Accounts. The money that LDF and you have deposited in your HSA is yours. Spend it wisely. Shop around for your health care purchases just like you do for any other purchases. Ask your providers for free samples. Take care of yourself. Take advantage of the many free wellness provisions in the LDF plans. Get an annual physical. Follow your doctor’s advice. Eat healthy. Exercise regularly. Get sufficient rest. Drink responsibly. Don’t use tobacco. YOUR HEALTH IS VERY IMPORTANT AND THE HEALTHIER YOU ARE, THE MORE LIKELY YOU WILL SPEND LESS ON HEALTH CARE!
LDF offers $15,000 basic group term Life Insurance coverage and a $15,000 Accidental Death & Dismemberment (AD&D) Insurance benefit at no cost to all employees classified as full-time. Click here for a description of the basic LDF Life and AD&D plan.
In addition, Full-Time Employees can apply for Voluntary Group Term Life Insurance and Voluntary Accidental Death & Dismemberment Insurance coverage in amounts from $20,000 to $500,000 in $5,000 increments, not to exceed five times annual salary. Full-Time Employees can also purchase Life Insurance and AD&D Insurance coverage for their spouse and eligible dependent children. Click here for a description of the voluntary LDF AD&D plan.
LDF offers Short Term Disability (STD) Insurance at no cost to all Full-Time Employees. This benefit provides weekly income protection while disabled due to sickness or accident. The plan pays 66 2/3% of basic weekly earnings up to a maximum of $600 per week beginning on the 8th consecutive day of disability and continuing up to a maximum of 26 weeks for any one period of disability.
LDF offers Long Term Disability Insurance (LTD) at no cost to all Full-Time Employees. This benefit provides monthly income protection while disabled due to sickness or accident. The LDF plan pays 60% of basic monthly earnings up to a maximum of $1,000 per month after 180 days of disability and continues up to normal retirement age for any one period of disability.
Full-Time Employees are also eligible to apply for Voluntary Long Term Disability Insurance. The LDF Buy Up Plan pays 60% of the employee’s base annual compensation up to a maximum monthly benefit of $6,000 after 180 days of disability due to the same or a related sickness or injury, which must be accumulated within a 360 day period. Click here for a summary of the LDF LTD plan, and click here for a complete description of the LDF LTD plan.
LDF Long Term Disability Insurance also includes an Employee Assistance Program (EAP) for employees and their immediate family members. Please visit www.guidanceresources.com or call 888-628-4824 for assistance with parenting, family relationships, personal, and financial issues.
You may also contact Joe Wright by phone at 316-680-2578 or email at email@example.com for help with personal and family issues.
You can set aside a portion of your salary, before taxes, to pay for dependent care for children up to the age of 13, a disabled dependent of any age, or a disabled spouse. To be eligible for this type of account, both you and your spouse (if applicable) must work, be looking for work, or be full-time students. Please click here for a summary description, or visit www.DiscoveryBenefits.com for complete details on Dependent Care Accounts.
Now with the availability of both DIRECT DEPOSIT and PayCards for all employees, there is no need for you to have to wait around for checks to be handed out to get your pay.
Just talk to your General Manager or Administrative Assistant to get the information on how to sign up for all the conveniences of Direct Deposit and PayCards. To participate in Direct Deposit, you need to open a checking or savings account at any bank or credit union. But you don’t even need a bank account to get a PayCard. With both Direct Deposit and the PayCard, your net pay is available to you by 8AM of payday, (except if your payday falls on a bank holiday).
No more special trips to pick up your pay check or to the bank or check cashing store-an especially nice feature if you are on a day off, on vacation, out of town, or just too busy to make unnecessary trips. No more standing in lines waiting to cash or deposit your pay check and no more check cashing fees.
So if you are not already participating, see your General Manager or Administrative Assistant and sign up today to take advantage of the convenience, reliability, security and flexibility of either Direct Deposit or the PayCard.
If you already have a PayCard, always check your balance to avoid an ATM decline/inquiry fee. You can call the toll free number on the back of your PayCard 800-226-3931 anytime (24 hours a day) to check your balance or if you have any questions or difficulties regarding your account. You can also visit www.cardholder.comdata.com to review your account balance and activity.
With your LDF PayCard, you can receive 100% of your pay with no charge for you first transaction at any MasterCard Bank or Walmart Store and it is accepted at all MasterCard Merchants with no fee when used as a credit card. Your LDF PayCard can also be used at all Maestro POS Locations, Surcharge Free Allpoint ATMs (visit www.allpointnetwork.com for locations), online purchases, and electronic bill paying.
REMEMBER YOUR FIRST TRANSACTION EACH PAYDAY IS FREE!
It is the policy of The LDF Companies to support management personnel in the maintenance and/or addition of job skills. LDF will utilize tuition reimbursement for advanced educational experiences as a means of increasing employee productivity, self-worth, and future potential with the company.
If the course is approved in advance by the employee’s manager and the Human Resources Department, and bears some relationship to present or future work with the company, LDF will pay 50% of the tuition cost.
Eligible expenses for workshops, seminars, and special training programs will also be reimbursed if they have been approved by the employee’s manager and Human Resources.
LDF believes that its greatest asset is its dedicated employees and promotes from within whenever possible. When filling positions throughout the organization, we first consider candidates from among our current employees. Advancements are based strictly upon merit and demonstrated ability.
LDF provides on-the-job classroom training programs which provide for personal and professional growth. In addition, it is the policy of the Company to support management personnel in the maintenance and addition of job skills.
And LDF will provide tuition reimbursement for advanced education experiences as a means of increasing productivity and future potential with the company. Once the course of study is approved by Management and Human Resourcesm LDF will pay 50% of the tuition cost.
Requests to attend workshops, seminars, and special training programs can also be submitted to Management and Human Resources for pre-approval to attend and reimbursement for eligible expenses.
The LDF Employee Adoption Assistance program provides both financial assistance and paid time off if you adopt a child. To be eligible you must have completed at least one year of service, participate in the LDF Group Insurance program for Management and Full-Time employees, and be actively at work when the adoption takes place.
Once the adoption is final, you may be reimbursed for specific adoption related expenses such as licensed adoption agency fees and legal expenses. Eligible expenses will be covered up to a maximum of $4,000 per adopted child. The adoption of a “special needs” child allows for reimbursement up to $6,000 per adopted child.
LDF will allow the use of accumulated, unused sick leave, earned vacation, and holiday pay if an employee requests time off to adopt a child. Adoptive employees are also eligible for an unpaid leave in accordance with the Famiy Medical Leave Act (FMLA).