¤ Magus Portland Oregon PEO Benefits | Employee 401k Pension Plans | Serving Beaverton OR, Eugene, Hillsboro, Salem, Tigard, Tualatin, Corvallis, Hood River and The Dalles, Albany, Aloha, Gresham and Springfield Ore


Oregon Professional Employee Leasing

Contact Us
Toll Free: 1.888.391.4767
Local: 503.293.2936
Fax: 503.293.2938
Contact us by Email

Employee 401(k) Pension Plans

Pension & retirement savings plans help promote employee longevity. Companies that sponsor such plans understand that long term employees help foster success.

Each client company may choose whether or not to participate in the 401(k) program. Then, each chooses a plan design that is consistent with both their philosophy and financial capability.

401 K PENSION PLAN

A 401(k) Pension Plan is provided for all employees who have been on the payroll at least three months through ING Life Insurance and Annuity Company.

This excellent tax sheltered pension savings plan allows employees to tailor their investments to fit their personal needs & investment philosophy. Seventeen different mutual funds varying from conservative to aggressive approaches provide a wide variety of options for employees. All plans are managed by some of the world's best financial experts.

Employees receive regular reports on their investments from ING. They also have access to online fund management that allows them to manipulate their money between funds & review investment performance.

Other Magus Employment Benefits

Medical, Dental & Life Insurance Plans

Health Insurance Plans - Medical insurance coverage is provided for all regular full-time employees (30+ hrs./wk) after a 60 day waiting period. Medical coverage includes: vision, prescription, mail service prescription drug program, mental health, drug & alcohol rehabilitation and alternative care.

Dental Insurance Plans - Dental insurance coverage is provided for all regular full-time employees (30+ hrs/wk) after a 60 day waiting period.

Life and AD&D Insurance - Term Life insurance and AD&D is provided for all regular full-time employees (30+hr/wk) after a 60 day waiting period.

Benefit Programs for Employees

Section 125 Flexible Spending Plans - A Section 125 Flexible Spending Plan is provided for all regular full-time employees (30+hrs/wk) after a 60 day waiting period.

Paid Leave, Holidays & Vacation Time - Minimum levels of paid time off are set by Magus and clients may define additional time appropriate to their needs and industry.

Other Perks & Benefits - Some additional benefits are Price Costco cards, free checking and savings accounts, credit union memberships and more.

MAGUS CORPORATION
9570 SW Barbur Blvd, Suite 306
Portland, Oregon 97219
503.293.2936 1.888.391.4767
Fax: 503.293.2938
Email: maguspeo@aol.com

Magus Corporation is Oregon's premier Professional Employer Organization (PEO) with over 23 years of providing superior business services to small local companies. Our employment services include: employee leasing, screening, hiring and recruiting, HR outsourcing, support for human resources, payroll processing for you and your employees; employee benefits like health, medical & dental coverage, term life insurance, Section 125 flexible spending plan option, 401k; paid leave; personnel management and workers compensation insurance.

Magus assists businesses throughout the Portland, OR metro area, Willamette Valley, the Columbia River Gorge and Northern Oregon Coastal Towns. Some of the cities that we serve are Beaverton, Eugene, Hillsboro, Salem, Tigard, Tualatin, Corvallis, Hood River and The Dalles, Albany, Aloha, Gresham and Springfield Ore to name a few.