Benefits Index

One of the primary objectives of the Benefits Philosophy shared by your employer, Farm Credit Foundations and the Plan Sponsor Committee is to offer competitive employee benefits.

To ensure that your benefits package provides value consistent with the Benefits Philosophy, the Plan Sponsor Committee commissions Aon to conduct a Benefit Index® study every other year. The Benefit Index® compares the benefits package offered by Farm Credit Foundations employers to 21 agricultural and banking/lending organizations. The average benefit value provided by this comparator group is assigned an index of 100. The Plan Sponsor Committee targets Employer-Paid benefit values that are at or above the market average with highly-valued benefits (medical and retirement) positioned above market average.

The results of the 2018 Benefit Index® have reaffirmed that your benefits package provides more value than the market average.


Before accounting for what you pay via payroll deductions, the All Benefits Total Value (index of 103) is slightly above the market average. However, because the premiums you pay are lower than benchmarks, the resulting net All Benefits Employer-Paid Value is materially better than market with an index of 110.

For highly-valued benefits, the Employer-Paid value is nearly 20% greater than the market average. The retirement savings benefit (3% fixed contribution + 6% match) has an Employer-Paid Value of 119. Similarly, the active medical plan Employer-Paid Value is 118.

Paid Time-Off benefits also contribute significantly to the All Benefits result. Time-off provisions vary by employer but are generally valued near the market average.

We are proud to offer a benefits package that provides more value than the market average as you are essential to our future success.