Company Profile
King Arthur Flour
Company Overview
Founded in 1790, King Arthur Flour is America's oldest flour company and premier baking resource, offering ingredients, mixes, tools, recipes, educational opportunities, and inspiration to bakers everywhere. The company’s high-quality flour is available in supermarkets nationwide. Additionally, more than 1,000 tested and trusted baking tools and ingredients are available through King Arthur Flour's Baker's Catalogue, online at kingarthurflour.com, and at The Baker's Store in Norwich, Vermont. King Arthur Flour has been employee owned since 1996.
Company History
King Arthur Flour is America’s oldest flour company, founded in Boston in 1790 to provide pure, high-quality flour for residents of the newly formed United States. More than 220 years later, we’re the nation’s premier baking resource, offering everything from top-quality baking products to inspiring educational programs—all backed by the passion and commitment of our dedicated employee-owners.
Benefits
Medical coverage
Employee-owners may choose between three medical plans through Blue Cross Blue Shield of Vermont (BCBSVT).
The PPO plan offers coverage both in and out of network. This plan requires co-payments for most office visits and medications. Deductibles and co-insurance are charged for most hospital stays, surgeries, diagnostic testing and imaging services.
The Consumer Directed Health Plans (CDHPs) also offer coverage in and out of network. These plans require deductibles and co-insurance for most services and medications. However, these plans offer certain wellness visits and medications at no cost to members. These plans are also federally qualified as High Deductible Health Plans (HDHP) and include a Health Savings Account (HSA) for eligible participants. King Arthur Flour contributes to HSA accounts for eligible employees who elect this coverage option.
Vision coverage
Our vision plan through VSP provides annual eye examinations, plus coverage for conventional corrective lenses, contact lenses, and frames through a nationwide network. Coverage for employee-owners is free.
Dental coverage
Our employee-funded plan through Delta Dental offers a range of dental care services.
Health and dependent reimbursement accounts
Pre-tax savings programs available to all employee-owners offer medical and dependent care reimbursement.
Retirement benefits
ESOP (Employee Stock Ownership Plan)
King Arthur Flour is 100% employee-owned. Shares of stock are allocated to employees once a year through our ESOP, a Qualified Retirement Plan.
401(k) retirement savings plan
In addition to our ESOP, employee-owners may choose to participate in King Arthur Flour’s 401(k) plan with a company-matching provision for pre-tax retirement savings.
Life and disability benefits
Long and short term disability
King Arthur Flour provides Life Insurance and Accidental Death and Dismemberment (AD&D) Coverage equal to an employee-owner’s annual salary, up to a maximum of $100,000, for no cost to the employee. Employees may choose to purchase additional life insurance, including spousal and dependent coverage.
Time off benefits
Earned time
18 days annually up through three years
23 days annually through years four to seven
28 days annually after your seventh year
Holiday pay
7 paid holidays per year
Community volunteer time
40 hours of paid volunteer time per year to full-time employees;
20 hours to part-timers
Additional benefits
In addition to traditional benefits, King Arthur Flour strives to provide creative programming that meets the specific needs and interests of our employee-owners. Our evolving offerings include:
Onsite subsidized exercise classes and Weight Watchers
Bicycles to travel between facilities
Onsite basketball, horseshoes, and croquet
Wellness reimbursement
Generous discount at The Baker’s Store
Free flour and bread
Subsidized CSA program
Great employees to work alongside
Education reimbursement
General continuing education
King Arthur Flour offers full-time employees 50% reimbursement, up to $1,000 per year, to help cover education expenses at an accredited college or university.
Undergraduate/graduate degree programs
King Arthur Flour sponsors a limited number of employees in pursuing their undergraduate or graduate degree, through a 50% reimbursement for education expenses at an accredited college or university.