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Benefits Summary

We are pleased to offer our employees a comprehensive benefits package.

colonna's benefits summary

Health Insurance

Employees may enroll themselves and eligible dependents in group medical, dental and vision insurance plans. These plans provide comprehensive coverage, including wellness and preventive coverage.

Life and Accidental Death and Dismemberment (“AD&D”) Insurance

CSI provides employees company-paid basic insurance that is payable to a designated beneficiary upon the employee’s death, or to the employee in the event of dismemberment. Employees are also given the opportunity to purchase additional insurance at group rates.

Disability

Short-Term and Long-Term disability programs are offered to employees to provide compensation in the event the employee is unable to work due to an injury or illness.

401k Retirement Plan

Eligible employees are offered the opportunity to participate in the Colonna’s Shipyard, Inc. Retirement Plan, which offers a diversified way to save for retirement. Employees may contribute pre-tax deferrals up to the annual IRS contribution limit; CSI offers a discretionary match on deferrals.

Paid Time Off

CSI provides employees flexible paid leave to handle personal needs such as time off for vacation, illness, doctor appointments, observed holidays, etc.

Tuition Reimbursement

Eligible employees may request reimbursement for approved courses that improve technical and professional skills.

Employee Assistance Program (“EAP”)

Employees and their household members are offered an Employee Assistance Program which provides access to counseling at no cost to the employee.

Legal Resources

Employees may elect to participate in a pre-paid legal services program which provides 100% coverage for certain legal services and a 25% discount on non-covered services.