Employee Benefits

Our benefits package includes medical, dental and vision insurance, life insurance, retirement plans, and more.

Medical, Dental and Vision Insurance

Medical and dental insurance are offered to employees and their families. Employees may choose either a conventional medical insurance plan or a consumer-directed health plan, i.e., a high-deductible plan that is coupled with a health savings account. Dental and vision insurance is offered to employees and families with a choice of two plans.

Life Insurance

WFEC provides term life insurance for employees based on three times the employee's salary, with accidental death and dismemberment benefits. Company-paid term insurance is provided for family members.

Retirement Plans

WFEC offers two retirement plans

• Defined Benefit Pension Plan: Fully funded by WFEC, providing an annuity or lump sum payment upon reaching retirement age.

• 401(k) Program: Includes base funding by WFEC and a match for employee contributions. Employees can make pre-tax contributions to a traditional 401(k) or after-tax contributions to a Roth 401(k).

Additional Insurance Benefits

WFEC also provides Short and Long-Term Disability Insurance.

Paid Vacation, Sick Leave and Holidays

New employees at WFEC begin accruing paid vacation and sick leave from the first month of their employment. In addition, paid holidays are provided.