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IFAI rolls out new member benefits

January 17th, 2019 / By: / Industry News

The Industrial Fabrics Association International (IFAI) has created new IFAI member benefits over the past year. The following is a listing of IFAI’s new member offerings for geosynthetics-related organizations, companies and individuals.

 

Textile Industry Retirement Plan

An exclusive benefit available to U.S. IFAI members. By participating in the Textile Industry Retirement Plan, members can provide employees with a 401(k) plan that saves money and saves administrative time.

Plan benefits:

  • No individual annual plan audit
  • No individual Form 5500 reporting
  • Competitive pricing and cost savings on investments
  • Flexibility including Safe Harbor and Roth
  • Customizable 401(k) plan design including eligibility, matches and vesting schedules

The Textile Industry Retirement Plan acts as one large plan and is treated as such from a government-reporting perspective. It has a suite of competitive investment options, provides employee education, and most of the administrative duties fall to the plan, saving members time and resources.

The administrative tasks are handled by Transamerica, our partner in the Textile Industry Retirement Plan.

Members can have their current plan evaluated at no cost, by contacting:

Zachary Allyn, Regional Vice President, Retirement Plans

319-721-3885  zachary.allyn@transamerica.com

 

Energy Consulting Services – APPI

APPI Energy is the preferred provider of energy procurement services for our members. Through APPI Energy’s program, members have access to data-driven energy solutions designed to save time and create budget certainty. Members with facilities in deregulated natural gas and electricity U.S. markets can take advantage of this solution. Every day, APPI Energy identifies the wide range of energy supplier prices across the country and utilizes that data to provide the lowest prices available among many vetted, competing suppliers. APPI Energy can be contacted at 800-520-6685.

For more information, visit https://www.ifai.com/membership/member-benefits/member-discount-programs/.

 

World Pay

World Pay provides discounted credit card payment processing to U.S. and international IFAI members. The company offers a comprehensive suite of traditional and innovative payment processing and technology solutions to members of all sizes, enabling them to address their payment processing needs through a single provider. Worldpay builds strong relationships with members, helping them become more efficient, more secure and more successful.

For more information about Worldpay contact:

Pattie Mercier
Senior Partnership Manager
978-807-2972 pattie.mercier@worldpay.com

For additional details, visit https://www.ifai.com/membership/member-benefits/member-discount-programs/.

 

PartnerShip

PartnerShip is a discounted freight and shipping program. It offers savings on standard and guaranteed LTL freight shipment with UPS Freight, YRC Freight and others. Check with PartnerShip for competitive rates on full and partial truckload shipment using quality national and specialized carriers. The company also handles specialized services including inbound management and exhibit transportation.

Members can create an account at www.PartnerShip.com/IFAI.

For more information, visit https://www.ifai.com/membership/member-benefits/member-discount-programs/

 

Textile Career Center

This newly launched initiative is aimed toward textile industry job seekers and employers. For job seekers, the Textile Career Center offers numerous outlets to find job openings within the textile industry as well as access to a learning center, reference checking, resume writing and career coaching. For employers, this is the perfect place to post job openings and find top candidates to fill open positions. Post resumes for free. IFAI members receive a discounted rate on job postings.

For more information, visit https://www.ifai.com/membership/member-benefits/member-discount-programs/.

 

Textile Industry Health Plan (under development)

IFAI is developing the Textile Industry Health Plan that our member companies can access and offer to employees. The idea is to leverage members as a large group to secure rates and coverages that will be better than the local markets.

We are working with national insurance carriers with large networks of providers throughout the United States. The plan will have a menu of options regarding coverage, deductibles and copays. In addition, the plan will have options for dental, vision and other ancillary insurance products.

The target date for rolling out the plan is June 1, 2019.

For more information, contact Andrew Aho at 651-225-6907 or amaho@ifai.com.

 

 

 

 

 

 

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