American Financial Resources Benefits

2.7
12 Ratings

Employer Summary

American Financial Resources provides medical, dental, and vision insurance to full-time employees.

Other benefits include:

  • 401k Plan
  • Paid Holidays
  • Vacation + Paid Time off
  • Gym Reimbursement
  • Professional Training and Development

Employee Benefit Reviews

Showing 1–10 of 12 comments

Most Commented

Dec 5, 2018
Current Employee in Parsippany, New Jersey

The health insurance doesn't cover much and copays are high. Vacation and PTO time is fair.

Jan 6, 2020
Former Employee in Parsippany, New Jersey

Benefits at AFR were, in a word, lacking. Paid Time Off: PTO was offered. As a new employee, it accrued slowly. In your first year, you were entitled to 8 PTO days. In your second and third years, this was increased to 13 PTO days. Note, however, that this included vacation, sick, and personal days. Paid Holidays: Generally, if the bank is open, so is AFR. Holidays include New Year's Day, President's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Day after Thanksgiving, and Christmas Day. Bereavement: Three days, unpaid. Health Insurance: Medical, dental, and vision are offered to all full-time employees. However, these plans are not cheap. As a single person taking the highest tier of insurance benefit, my bi-weekly contribution was nearly $300. Of course, these costs can be controlled by taking less coverage. However, costs for plans beyond single person coverage are exorbitant and provide, at best, mediocre coverage. 401K: Yes, a 401K was offered. No, the company provided no contributions. There is no match. Where some companies may be required to make safe harbor contributions, AFR is not. All contributions are yours and yours alone.

Sep 14, 2017
Current Employee in Parsippany, New Jersey

Expensive health insurance. I have yet to see 401k matching because it is up to the employer at year end. PTO policy is good.

Jun 16, 2017
Current Employee in Mount Laurel, New Jersey

the benefits are super expensive, they do not match 401K

Jun 7, 2017
Former Employee in Mount Laurel, New Jersey

Nothing positive about the benefits. SO EXPENSIVE you would need a second job just to compensate for the benefits here alone!

Aug 12, 2016
Current Employee in Parsippany, New Jersey

Best is the vacation plan - accrue time quickly and no problems taking it as needed.

Apr 12, 2016
Current Operations in Parsippany, New Jersey

Benefits premium are very expensive. The company doesn't really contribute to it at all. PPO full benefit package(medical, dental and vision) cost over $2900 and the employer only contributes $800

Jul 27, 2015
Current Employee in Parsippany, New Jersey

Health insurance rates are very expensive. Family coverage is practically unaffordable. 401K is offered but employer matching is at the company's discretion come year end.

May 15, 2015
Former Employee in Niles, Illinois

Health insurance went up a bit.

May 15, 2015
Current Employee in Parsippany, New Jersey

401k and good medical and dental benefits insurance was provided to the employees. flexible hours and family friendly

Viewing 1-10 of 12

Benefits Summary

List based on reports from current and former employees. It may not be complete.

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Insurance, Health & Wellness

  • Health Insurance (10)
  • Dental Insurance
  • Flexible Spending Account (FSA)
  • Vision Insurance
  • Health Savings Account (HSA)
  • Life Insurance
  • Supplemental Life Insurance
  • Disability Insurance
  • Occupational Accident Insurance
  • Health Care On-Site
  • Mental Health Care
  • Retiree Health & Medical
  • Accidental Death & Dismemberment Insurance

Financial & Retirement

  • Pension Plan
  • 401K Plan
  • Retirement Plan
  • Employee Stock Purchase Plan
  • Performance Bonus
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

  • Maternity & Paternity Leave (7)
  • Work From Home
  • Fertility Assistance
  • Dependent Care
  • Adoption Assistance
  • Childcare
  • Reduced or Flexible Hours
  • Military Leave
  • Family Medical Leave
  • Unpaid Extended Leave

Vacation & Time Off

  • Vacation & Paid Time Off
  • Sick Days
  • Paid Holidays
  • Volunteer Time Off
  • Sabbatical
  • Bereavement Leave

Perks & Discounts

  • Employee Discount
  • Free Lunch or Snacks
  • Employee Assistance Program
  • Gym Membership
  • Commuter Checks & Assistance
  • Pet Friendly Workplace
  • Mobile Phone Discount
  • Company Car
  • Company Social Events
  • Travel Concierge
  • Legal Assistance

Professional Support

  • Diversity Program
  • Job Training
  • Professional Development
  • Apprenticeship Program
  • Tuition Assistance

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American Financial Resources

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