Career Opportunities: Life at Derco:
Benefits: For Your Future
Planning for retirement has never been more challenging. Derco has several vehicles that allow you to plan for a secure financial future: Retirement Benefits Derco provides a retirement benefit plan, which combined with Social Security and personal assets, helps lay the foundation for your overall retirement strategy. The three components of this plan are:
Employee 401(k) Savings Plan When you join the savings plan, you can save for retirement and other long-term goals by contributing up to 40% of your pay on a pretax and/or after tax basis.
Company Match Derco matches 50% of the first 10% of the contribution to your savings plan.
Profit-Sharing Plan Derco offers a profit-sharing plan which allows you to share in the company’s success. You make no contributions. Derco pays the full cost of the plan.
Investment Strategy Toolkit Using this online tool, you can explore the benefits of diversifying your retirement portfolio and figure out how much you should be saving each year to reach your retirement goals.
