Will you start a 401k and – if so – what will you match?

The good news is that we won’t have to start a 401k plan – both Indiana Packers Corporation (IPC) and Specialty Foods Group (SFG) have had robust defined contribution (401k) plans for several years. It’s a very important benefit for our team members & families, and a way to attract, engage, and retain team members. Because of that, we’re evaluating how to craft a great plan for our combined team members and organization.

Within the next 30-60 days, we will finalize this work. As we do, we’ll let you know – via face-to-face meetings, email, social media, and mailings – how & when we’ll move forward. We’re excited about the opportunity to take two great plans & create one exceptional plan for all of IPC.

The above is not applicable to our UCFW Local 227 team members. Their benefits are based on the existing collective bargaining agreement.

Mark Berry, VP People (HR, Safety, & Health Services) Indiana Packers Corporation