Employee Benefits "Second to None"

Associated Bag Company’s goal is quality service. We satisfy our customers' needs by ensuring consistent product quality and availability within stringent guidelines. We also stress a commitment to quality service within the Company because we know that service to our employees has a dramatic affect on what our customers experience. This is why we're committed to offering our employees a highly competitive salary and a benefits package.

Premium Salary

At Associated Bag Company, we're committed to paying a premium salary that will attract, retain, and motivate the quality work force we strive to maintain. Through ongoing market studies and performance-based merit awards, we ensure that we pay competitively.

Medical, Dental & Vision Insurance

We offer our employees one of the best comprehensive, self-insured medical, dental, and vision plans offered anywhere. Employees can elect single and/or dependent coverage. Our medical plan includes a prescription drug program. Employees can choose either PPO or non-PPO providers. Our dental plan covers diagnostic, preventive, restorative, and orthodontic services, and our vision plan program covers exams, glasses, and/or contact lenses. With our flexible spending plan, employees pay premiums pre-tax and can also set aside pre-tax dollars to cover out-of-pocket health-related expenses.

Company-funded Profit Sharing Plan with 401(k)

Eligible employees automatically become participants in our profit sharing plan that includes an optional 401(k) feature. The Company makes a discretionary contribution of up to 15% of covered compensation. Historically, contributions have exceeded 9% of covered pay over the past ten years. Employees become fully vested in the plan after six years of service. Also, with our 401(k) provision, eligible employees can make their own pre-tax contribution of up to 25% of their compensation and have a number of investment choices available.

Personal Time

We provide employees with paid personal time off to cover absences due to illness, emergency, weather, or other personal matters. Employees become eligible for personal time after three months of employment. Full-time employees earn eight hours per month for a total of twelve days in a calendar year. Personal time not used is never lost! At the end of the year employees can carry over up to 240 hours and/or they can be paid for any remaining personal time.

Vacation

Employees are eligible for vacation after three months of employment and every calendar year thereafter. Vacation time is earned based on years of service. Prior to one year of service, vacation time is pro-rated. After one year of service, full-time employees are eligible for two weeks of vacation time. Thereafter, it increases on a biannual basis up to a maximum of four weeks. Like personal time, at the end of year employees can carry over up to 240 hours and/or they can be paid out for any remaining vacation time.

Holidays

We provide eight days off in observance of holidays. We also provide employees with two additional days off -- designated as their Birthday and an Employee Appreciation Day.

Educational Assistance

We recognize that the skills and knowledge of our employees are critical to the success of the organization. The Educational Assistance Program encourages personal development through formal education so that employees can maintain and improve job-related skills or enhance their ability to compete for reasonably attainable jobs within the Company. We offer up to a maximum of $5250 annually to cover educational expenses. This includes tuition, fees and required books. We also pay the cost for employees to attend seminars and other job-related meetings.

Long-Term Disability

We provide a long-term disability (LTD) benefit plan to help eligible employees cope with an illness or injury that results in a long-term absence from employment. LTD insurance is designed to ensure a continuing income for employees who are disabled and unable to work. Group long-term disability insurance protection is fully paid by Associated Bag Company. The amount of insurance coverage is 60% of the base pay up to a maximum of $3,000 per month.

Life Insurance and AD&D

We provide a basic life insurance plan for all eligible employees. The basic life insurance plan includes Accidental Death and Dismemberment (AD&D) insurance that provides protection in cases of serious injury or death resulting from an accident. Life and AD&D insurance protection for full-time employees is fully paid by Associated Bag Company. The amount of insurance coverage is one times the base salary up to $50,000 maximum.

Employee Assistance Plan (EAP)

At Associated Bag Company, we know our employees' sense of well-being directly affects the way they perform their job and the satisfaction they gain from it. Our Employee Assistance Program is designed to help employees solve any number of problems they may be facing. This confidential program is available to employees and their family members at no charge. Through the EAP, employees and family members receive professional consultation and assessment that can help resolve issues involving stress, personal and family difficulties, and legal and financial concerns.

The above is an overview of the many benefits we offer, but should not be viewed as a complete statement of their terms and conditions. The eligibility requirements and the specific terms of the benefits are discussed with employees during orientation and are detailed in our employee handbook. Questions regarding our benefit programs can be directed to our Human Resources Department. We are an Equal Opportunity Employer.

Attn: Human Resources
Associated Bag Company
400 West Boden Street
Milwaukee, WI  53207