Benefits: Planning For Your Future 401(k) and BHC match The 401(k) program offers you the opportunity to accumulate savings for your future and retirement years by contributing from 1% to 20% of your gross pay – on a pre-tax basis. Contributions are deducted from your pay.
BHC offers a dollar for dollar 401(k) match up to a maximum of 3% of what you contribute.
These savings are invested in options that you choose. BHC stock is one option.
Other Savings Plans BHC sponsors a Defined Benefit Employer Funded Pension Plan for eligible employees. BHC pays the entire portion of the pension benefit. Benefits are vested after five years.
The Defined Benefit Pension Plan provides a monthly benefit for a spouse or dependent children in the event of the employee’s death prior to retirement. |