Benefits

Benefits Offered to Our Employees:

Delaware Elevator offers a comprehensive benefit package inclusive of health, dental, vision, disability and 401k / profit sharing.  All full-time employees are eligible to participate in the optional benefit package upon completion of 90 days of service. Highlights of our benefit package include:

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Health Care:

A variety of network providers to assure the best coverage and participation with unlimited annual, maximum coverage; as well as, minimal “out of pocket” cost for employee and dependents.

  • Online and mobile benefit management
  • SWIFT-MD – Telemedicine – our employees can consult with a doctor on-the-go (phone or video conference). This offers diagnosis and treatment for many common routine injuries or illnesses with no copays or cost
  • Retail pharmacy, a generic program, offers significant discounts and free options.

Disability / Optional Life Insurance:

DEI recognizes that a disability can cause financial hardship and has adopted a comprehensive program.  DEI offers voluntary short and long-term disability plans that could provide benefits of 60% of wages. Certain criteria and terms apply. Benefits are available after 90-day probation period on an election basis/open enrollment.

DEI provides $10,000 of Group Life Insurance for full-time employees.  If injury or death is the result of an accident, employees or their beneficiary may receive an additional $10,000.  Employees are also eligible to elect Additional Life Insurance, with increased values for themselves, spouse and children.

401K – Retirement Plan:

DEI provides a retirement plan for long-term security.

  • Profit Sharing: Designed to reward full-time employees with more than 12 months of service in a plan year.  An annual contribution (depending on profitability and other business factors).
  • 401(K) Plan: Designed to make it easy and profitable to save.  Contribution is based on a percentage of your pay.
  • When one contributes to the 401(K) Plan, they receive a company match of $0.40 for each $1.00 contributed, up to the first 5%.

Who is an Eligible Employee?

  • Full-time employees working at least 40 hours per pay period
  • Healthcare maximum requirements = at least 30 hours per week

Who is an Eligible Dependent?

  • Legal spouse
  • Children including legally adopted children, stepchildren, and children up to age 26