SUMMARY OF BENEFITS

Insurance Coverage

Group Benefits

Precision Products Group, Inc. is dedicated to the health and well-being of both you and your family. A Company health care program is available in case of illness. The following benefits are currently available, as defined in our company policies, to all regular full-time employees on the first day of employment:

  • Paid Vacation
  • Paid Holidays
  • Employee 401(k) Contributions
  • Workers’ Compensation Insurance

The following additional benefits are currently available, as defined in our company policies, to all regular full-time employees upon completion of a defined waiting period.

  • Medical Care Coverage/ Health Savings Account (HSA)
  • Dental Care Coverage
  • Vision Care Coverage
  • Flexible Spending Account
  • Long Term Disability Insurance
  • Short Term Disability Insurance
  • Group Term Life Insurance / Accidental Death and Dismemberment Insurance
  • Employee Assistance Program

Upon enrolling, you will obtain summary plan descriptions describing your benefits in detail. The costs associated with the above coverage’s are outlined on the employee enrollment forms. According to the federal Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1985, in the event of your separation from employment with Precision Products Group, Inc. or loss of eligibility to remain covered under our group health insurance program, you and your eligible dependents may have the right to continued coverage under our health insurance program for a limited period of time at your expense. Consult the Human Resources Representative for details.