Employee Benefits 

At Overhead Door Corporation, we recognize people as the core of our strength. That’s why we provide a comprehensive benefits package to our employees, including medical, dental and life insurance. Employees also enjoy the freedom of optional benefits suited to their needs and lifestyles, so they take home benefits that are customized for them.

Overhead Door Corporation Core Benefits

Overhead Door Corporation's medical insurance plans give employees the option to choose a traditional PPO plan or a consumer-driven, alternative PPO plan, with the availability of a health savings account, or HSA. Both medical plans provide prescription-drug coverage with coinsurance, as well as mail-order prescription services from participating pharmacies.

Dental coverage is included with the aforementioned medical plans, with no additional contribution from Overhead Door Corporation employees. Preventative care, such as cleanings, is covered twice a year at 100 percent.

This insurance refers to company-paid compensation for an absence (e.g. loss of work time) resulting from personal illness or injury.

Company-paid term life insurance is equal to one times an employee’s annual base salary, rounded to the nearest thousand.

This benefit provides additional compensation in the event of accidental death or dismemberment.

Overhead Door Corporation employees may purchase additional life insurance for themselves and their dependents.

Overhead Door Corporation Work and Life Benefits

Overhead Door Corporation offers reimbursement for tuition, textbooks and fees for approved job-related courses or undergraduate-degree programs.

Group auto and homeowner’s insurance is available through payroll deduction.

Employees have the opportunity to purchase company products at a discount.

Overhead Door Corporation Financial Benefits

Employees may enroll at the beginning of any calendar month, after completing one month of service at Overhead Door Corporation. They may invest 2 to 25 percent of their compensation pre-tax in 20-plus investment options. In addition, the company matches employee contributions, up to the first six percent.

Beginning in the calendar year following an employee’s hire date, the company makes a quarterly profit-sharing contribution to the MAP on his or her behalf, which is three percent of compensation earned for the quarter. All company contributions are subject to approval by the Overhead Door Board of Directors. Vesting in profit sharing and the company-matching contributions is 40 percent after one year of service, up to four years and one day of service.

This company-provided benefit is based on an employee’s years of service and investment results.

Employees have the option for automatic deposit of payroll into their checking and/or savings accounts. Group banking services are available to employees through Bank One or Community Credit Union.

Overhead Door Corporation Time-Off Benefits

Overhead Door Corporation emphasizes balance and quality of life for all employees by offering the following time-off benefits:

• Paid vacations
• Paid holidays
• Jury duty
• Bereavement leave

All described benefits are offered only in accordance with the plan documents governing each respective benefit. All terms, conditions and limitations contained in the plan documents apply. Nothing shall be deemed to restrict the company’s right to change or discontinue any benefit plan offered. Nothing shall be deemed to restrict the right of the company or any employee to terminate any employment with the company, at will.