Benefits

At Taco, It’s All About You.  Our wide-ranging and varied benefit program is designed to recognize the value employees bring to our business.  It includes a wealth of significant benefits that provide the opportunity for health and financial security for employees and their families. 

  ACHIEVING GOOD HEALTH

Comprehensive, affordable healthcare coverage is one of the cornerstones of Taco's benefits program. All full-time regular employees and their eligible dependents may participate in Taco's health insurance program. 

 Medical

The goal of the medical program at Taco is to keep employees and their families healthy.  Coverage under the current medical plan is a PPO plan that includes physician office services, out-patient health services, in-patient hospital services, prescription medication and mental health services.  Co-payments apply to certain services.  Our HealtheDividends program uses economic incentives to encourage those enrolled in the medical plan to establish a relationship with a primary care physician and complete a yearly Health Risk Assessment.

Dental

The dental plan covers services at 100%, 80% or 50% up to the plan's allowance when the dentist is in-network.  The maximum amount paid for covered services is $1200 per person per calendar year.

Vision

EyeBenefits is a discount vision benefit program with a provider network consisting of over 10,000 optical store locations nationwide.  Participating providers offer discounts on eye exams, frames, lenses, contact lenses, and LASIK surgery.

  REACHING FINANCIAL SECURITY

Taco offers a retirement benefits program that gives employees the opportunity to build retirement assets throughout their career at Taco and to help them prepare for a financially secure future. Taco also provides employees and their families with protection from the unexpected through life and disability insurance benefits.

Retirement Savings

The Taco, Inc. Profit Sharing & 401(k) Plan is designed to help employees meet their financial needs during their retirement years. Employees may contribute up to 60% of salary and the company provides a generous match. In addition, each year, the management of Taco will determine the amount which will be contributed to the Plan as profit sharing.

Life Insurance

Group Term Life and Accidental Death & Dismemberment coverage provided at no charge to all full time active employees at a benefit of one and one-half times the employee's annual salary up to a maximum of $150,000.  

Group Voluntary Term Life allows employees to elect coverage for themselves, spouses or domestic partners, and dependent children.

Disability Insurance

All non-RI based employees are offered the opportunity to enroll in short-term disability insurance.  Any RI-based employee who is unable to work due to medical reasons is eligible to apply for temporary disability benefits through the State of RI Department of Employment and Training. 

Taco provides a long-term disability policy at no charge to all salaried employees. Salaried employees are offered the opportunity to purchase additional long-term disability insurance to supplement the company-provided long-term disability insurance.

Long-Term Care Insurance

Taco offers a long-term care insurance that covers participants for skilled, intermediate and custodial levels of qualified long term care.  This insurance is also available to family members. 

Health Care and Dependent Care Flexible Spending Accounts

A Health Care or Dependent Care Flexible Spending Account (FSA) provides tax-exempt funds that participants can use to pay for eligible out-of pocket medical or dependent care expenses.  

TIME OFF

Vacation

Paid vacations are granted to all full-time regular and part-time regular employees.  Taco's vacation year begins during the first week of July and runs through the last week of June.  The amount of vacation to which you are entitled depends on your length of service as of the July 1st base date used for computing vacation allowance.                                                              

Holidays

Eleven paid holidays per year.

Leaves

Taco complies with the Federal and State Family and Medical Leave Act.  Paid leaves for jury duty, bereavement and National Guard/Reserves annual training. 

SUPPLEMENTAL BENEFIT PROGRAMS

ARAG Legal Plan

All full-time and part-time regular employees working 20+ hours per week are eligible to participate in the voluntary pre-paid legal plan.  The legal plan offers professional legal, financial, tax and identity theft protection services.                         

Employee Assistance Program

Taco provides an Employee Assistance Program (EAP) to all employees and their family members at no cost.  An EAP is a confidential resource that provides counseling and assistance to individuals who are experiencing personal problems.                                    

529 CollegeBound Fund

The 529 CollegeBound Fund is a flexible college savings program that helps make saving for a child’s higher education easier through payroll direct deposit.  CollegeBound Fund gives you the power of tax-free earnings growth and distributions. 

Discounted Tickets/Membership

Pawtucket Red Sox, Canobie Lake Park, Lake Compounce Family Theme Park, Six Flags New England, Water Country, and Showcase Cinema discounts on tickets and BJ's Wholesale Club discounted memberships.

Company Products

Employees may purchase Taco products at a discounted price.