Koch Industries Employee Benefits 2023

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Welcome to the assistance page for Koch Industries Employee Benefits | MyLifeChoices | Retirement | Discounts | Careers | www.mylifechoices.com:

Koch Benefits Center:

877-344-5772

Monday to Friday, 7:00 a.m. to 7:00 p.m. Central Time

Company Summary:

Koch Industries, Inc. is an energy and manufacturing conglomerate based in Wichita, Kansas. They are engaged in the manufacturing, refining, marketing and shipping of petroleum and industrial products. The company is best known for its petroleum, cattle, and chemical businesses. The company was founded in 1940 by Fred C. Koch, the founder of Koch Industries, and has been operated by the four sons and their families since its inception. Koch now operates in roughly 30 countries around the world. Today, the company is a conglomerate with diverse interests in energy, manufacturing, forestry and mining, and financial services. It is a leading producer of crude oil, refined petroleum products, and chemicals.

Did you know?

Koch is one of the world’s largest diversified industrial companies, owning and operating a wide array of businesses in more than 60 countries. The company’s principal products are crude oil and petroleum products, including gasoline, diesel fuel, asphalt, asphaltic concrete, jet fuel, propane, LPG, and methanol. Koch Industries also engages in the development, production and distribution of petroleum products, chemical products, and related services. The company’s businesses include refining, marketing, energy, petrochemicals, and energy trading. They also operates in a wide variety of industries including textiles, Dixie Cup, and other paper products, textiles, fertilizers, and many others.

Final Company Statement:

The company has a mission statement and a set of company values designed to guide employees in their decision-making and actions. Koch Industries strives for the highest level of customer satisfaction, employee satisfaction, business ethics, community satisfaction, and environmental protection. Koch Industries believes that its products should be used only for beneficial purposes. The company core values are liberty, responsibility, and respect. They believe that their employees are among the most important assets of their business. Koch believes that they are a fundamentally good company that should be judged by how they treat their employees.

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Welcome to the assistance page for Koch Industries Employee Benefits | MyLifeChoices | Retirement | Discounts | Careers | www.mylifechoices.com:

Koch Benefits Center:

877-344-5772

Monday to Friday, 7:00 a.m. to 7:00 p.m. Central Time

By submitting this form, you are consenting to receive marketing emails from: HealthManagementCorp (HMC). You can revoke your consent to receive emails at any time by using the Unsubscribe link, found at the bottom of every email. By using this form, you acknowledge that you have read and agree to the Privacy Policy and Terms & Conditions.

Company Summary:

Koch Industries, Inc. is an energy and manufacturing conglomerate based in Wichita, Kansas. They are engaged in the manufacturing, refining, marketing and shipping of petroleum and industrial products. The company is best known for its petroleum, cattle, and chemical businesses. The company was founded in 1940 by Fred C. Koch, the founder of Koch Industries, and has been operated by the four sons and their families since its inception. Koch now operates in roughly 30 countries around the world. Today, the company is a conglomerate with diverse interests in energy, manufacturing, forestry and mining, and financial services. It is a leading producer of crude oil, refined petroleum products, and chemicals.

Did you know?

Koch is one of the world’s largest diversified industrial companies, owning and operating a wide array of businesses in more than 60 countries. The company’s principal products are crude oil and petroleum products, including gasoline, diesel fuel, asphalt, asphaltic concrete, jet fuel, propane, LPG, and methanol. Koch Industries also engages in the development, production and distribution of petroleum products, chemical products, and related services. The company’s businesses include refining, marketing, energy, petrochemicals, and energy trading. They also operates in a wide variety of industries including textiles, Dixie Cup, and other paper products, textiles, fertilizers, and many others.

Final Company Statement:

The company has a mission statement and a set of company values designed to guide employees in their decision-making and actions. Koch Industries strives for the highest level of customer satisfaction, employee satisfaction, business ethics, community satisfaction, and environmental protection. Koch Industries believes that its products should be used only for beneficial purposes. The company core values are liberty, responsibility, and respect. They believe that their employees are among the most important assets of their business. Koch believes that they are a fundamentally good company that should be judged by how they treat their employees.

Employee Benefits May Include the following:

401k, Pension, Retirement, Retiree, Health Insurance, Medical, Vision, Dental, Competitive Base Pay, Quarterly Bonus, Paid Time Off, Insurance, Short-Term and Long-Term Disability, Paid Family Medical Leave, Bereavement, Jury Duty and Parental Leave, Life, Dependent and Accident Insurance, Critical Illness Insurance, Savings Plan 401(k), Employee Stock Purchase Plan, Paid Holidays, Flexible Spending Accounts (FSAs), Health Savings Account (HSA), Flexible Days, Group Legal Plan, Group Home Auto Insurance, Pet Insurance, Employee Discounts, Adoption Reimbursement, Tuition Reimbursement, Well-Being Programs, etc…

What kind of benefits do Koch employees get?

Quick Summary of Benefits:

As of 2020, they have a record of over 100,000 employees in their organization.  Their employees may join in a wide selection of benefit programs as soon as they become eligible.  They may be eligible to the following benefits once they are qualified:

  • Medical
  • Vision
  • Dental
  • Prescription Drug Coverage
  • Life Insurance
  • Short & Long Term Disability
  • Accidental Death & Dismemberment Insurance
  • Health Savings Account
  • Flexible Spending Account
  • Dependent Care Flexible Spending Account
  • Health Care Flexible Spending Account
  • 401(k)

Some of their benefits may also include the following:

  • Paid Time Away
  • Adoption Assistance
  • Parental Leave
  • Fertility Treatment
  • Legal Counsel
  • Family Counseling
  • Financial Coaches
  • Career Development
  • Employee Assistance Program
  • Virtual Visits
  • Rally
  • Educational Assistance

Please note:

That the full list of benefits available to new employees varies from location to location due to differences in local laws, regulations, and customs – and may change at any time.

What benefits do Koch employees get?

The benefits listed above are a quick summary of the benefits Koch offers to employees.

Your Benefits Resources (YBR) Website:

The YBR Web site is available 24 hours a day, seven days a week. YBR provides information, tools and calculators to help you:

  • Learn how your benefit plans work.
  • Understand the expenses and services that your options cover.
  • Build your own medical plan, selecting from various coverage options.
  • Compare health care and insurance options.
  • Estimate your out-of-pocket costs for your medical options.
  • Search for doctors, dentists, and eye doctors online using the criteria you enter.
  • Choose or change your beneficiary(ies).
  • Estimate your need for:
    • Life and long-term disability insurance coverage; and
    • A health care and/or dependent care spending account.
  • Get answers to questions about your benefits. Use the “Contact Us” link on the site to send a secure question to a Customer Service Representative.

Information on your health and welfare, 401(k), pension and FSA benefits. For example:

Health and welfare

  • View your current health and welfare benefits coverage
  • Make enrollment decisions

401(k)

  • View your current 401(k) balance and change contributions
  • Make fund transfer and investment election changes

Pension

  • If you are eligible for a pension benefit:
    • View your pension information
    • Project your pension income
    • Start your pension
    • Make beneficiary designations and changes (if applicable)

FSA

  • Manage your FSA(s)

General Tasks:

  • Request a new User ID and password or change your existing User ID and password
  • Learn more about your benefits
  • Review, add or change your dependent or beneficiary information on file (if applicable)
  • Understand how a Life Event may affect your benefits
Manage Your Benefits Resources | YBR | Koch Industries Employee Benefits

Staff Member / Employee Account

Current Employees – Login / Sign in:

  1. Visit www.ybr.com/mcd or go to www.mylifechoices.com in your preferred internet browser on your device.
  2. Type in your User ID in the space provided.  
  3. Type in your current Password in the space provided.  
  4. Select either the grey “Log on” button to proceed.
  5. You may now be able to manage your account online.

New Employees – Register / Enroll:

  1. Visit www.ybr.com/mcd in your preferred internet browser on your device.
  2. Select the “New User?” link found below the logon details found on the page.
  3. Type in the last 4 digits of your SSN in the space provided.  
  4. Enter your Date of Birth in the spaces provided.
  5. Select the blue “Continue” button to move forward.
  6. Continue to move forward and provide every important information that is asked of you to create a new account online.

You will be directed to your account details where you may start to manage or review as soon as your registration has been successfully completed.

Other helpful links:
  1. https://digital.alight.com/koch
  2. http://digital.alight.com/koch/
  3. https://leplb0460.upoint.alight.com/web/koch
  4. www.ybr.com/koch
  5. https://www.ybr.com/koch
  6. http://www.ybr.com/koch
  7. https://www.mylifechoices.com
  8. www.yourbenefitsresources.com/koch
Helpful PDF links:
Awards for Koch:
  • Military Friendly Employer from VIQTORY
  • One of America’s Best Employers By State from Forbes
  • Fortune 500 List

Koch Industries Employee Benefits Video Summary:
Frequently Asked Questions for Koch Industries Employee Benefits
  • Is Koch Industries a good company to work for?
According to www.indeed.com employee reviews, Koch Industries is a great company with great benefits.
  • What are the 4 major types of employee benefits?

The four major types of employee benefits include life insurance, disability insurance, medical insurance, and retirement plans.

  • What benefits are offered to employees?

Common benefits offered to employees are health insurance, retirement accounts, paid time off, and much more.

  • Does Koch Industries have a pension plan?

Koch Industries offers their employees a 401k retirement benefit.

Do Koch Industries employees get discounts?

  • Yes. View the list and links provided below:
    • Employee & Member Discounts

      • Koch Employees, retirees, their families, and friends are eligible for Employee Discounts, special pricing, and perks on products and services they use every day. You will find employee discounts on travel, insurance, car rentals, prescriptions, cell phones, tires, movies, theme parks and many more. Go to www.employeeandmemberdiscounts.com/employee-discounts-and-offers/koch-industries-employee-discounts/
    • Corporate Shopping

      • Receive special employee pricing, everyday discounts, private offers and much more! Go to corporateshopping.com/employee-discounts/koch-industries-inc
    • Rental Perks

      • Koch employees are eligible for exclusive employee discount rates at all top car rental companies: Avis, Alamo, Uber, Budget, Hertz, Enterprise and more! Go to www.rentalperks.com/employee-discounts/koch-industries