New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

Discover the Top 5 Advantages of Continuing to Work in Retirement for United Natural Foods Employees

Healthcare Provider Update: Healthcare Provider for United Natural Foods United Natural Foods, Inc. (UNFI) typically partners with major national health insurers for employee healthcare benefits. Although specific partnerships can vary over time and may depend on employee location and plan selection, large insurance providers such as UnitedHealthcare and Anthem Blue Cross Blue Shield are common choices among employers in the food distribution sector. Potential Healthcare Cost Increases in 2026 As we head into 2026, United Natural Foods employees should brace for significant increases in healthcare costs. With the anticipated expiration of enhanced federal subsidies under the Affordable Care Act, many could see out-of-pocket premiums rise dramatically-by as much as 75% for some. Additionally, systemic medical inflation and rising pharmaceutical prices, particularly for specialty drugs, further exacerbate these cost pressures. As employers navigate this challenging landscape, a major shift in healthcare benefits is expected, with many companies likely to pass a greater share of expenses onto employees in an effort to mitigate rising healthcare expenditures. Click here to learn more

In the past, retirement has been portrayed as an ending, a grand exit from your years in the workplace. But the rules are shifting. Labor force participation among those aged 65-74 is predicted to reach 32 percent by 2022, up from just 20 percent in 2002.(1) As the Boomer generation ages, more people are viewing retirement as an opportunity to enjoy the rewards of work in a whole new way. Read on to discover some of the benefits you can enjoy after you retire from United Natural Foods.

1. Mental Benefits

Working during your United Natural Foods retirement can help maintain mental agility as you learn new skills. Staying engaged in work helps build 'mental muscle,' which can lessen the risk of developing dementia and Alzheimers(2) and ward off the signs of aging.

2.. Physical Benefits

Staying active during your United Natural Foods retirement years is crucial for continued health. Whether you choose to work full-time or volunteer a few days a week, engaging in some form of work will keep your body moving, and give you opportunities to stay balanced, strong, and healthy.

3. Financial Benefits

Besides the obvious extra income, working during your United Natural Foods retirement may allow you to delay taking Social Security benefits. For every year you wait to take Social Security, your benefits can increase by an average of 8 percent annually.(3) Finding a strategy that works for you can truly pay off.

4. Emotional Benefits

Studies have shown that a sense of purpose has been found to lengthen lifespan and quality of life.4 Working on something you care about, starting a new business, or mentoring others in the workplace can ward off depression and provide a healthy sense of fulfillment and direction in your years or retirement from United Natural Foods.

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5. Social Benefits

One of the risks associated with retirement is increased isolation, which in terms of its impact on your health, has been equated with smoking nearly a pack of cigarettes a day.5 Working with others reduces this risk, giving you a chance to build connections and enjoy meaningful interactions.

Sources

1. AARP.org, February/March 2015

2. Forbes, 2017

3. Social Security Administration, 2017

4. Association for Psychological Science, 2017

What is the 401(k) plan offered by United Natural Foods?

The 401(k) plan at United Natural Foods is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out.

How can I enroll in the United Natural Foods 401(k) plan?

You can enroll in the United Natural Foods 401(k) plan by accessing the employee portal and completing the enrollment process during the designated enrollment period.

Does United Natural Foods offer a company match for the 401(k) contributions?

Yes, United Natural Foods offers a company match on employee contributions to the 401(k) plan, helping to boost your retirement savings.

What is the maximum contribution limit for the United Natural Foods 401(k) plan?

The maximum contribution limit for the United Natural Foods 401(k) plan is in accordance with IRS guidelines, which may change annually. For 2023, the limit is $22,500 for employees under age 50.

Can I change my contribution percentage to the United Natural Foods 401(k) plan?

Yes, employees can change their contribution percentage to the United Natural Foods 401(k) plan at any time through the employee portal.

What investment options are available in the United Natural Foods 401(k) plan?

The United Natural Foods 401(k) plan offers a variety of investment options, including mutual funds and target-date funds, to help employees diversify their retirement savings.

When can I access my funds from the United Natural Foods 401(k) plan?

You can access your funds from the United Natural Foods 401(k) plan upon reaching retirement age, or in cases of hardship or termination of employment, subject to plan rules.

Does United Natural Foods allow loans against my 401(k) balance?

Yes, United Natural Foods allows employees to take loans against their 401(k) balance, subject to certain terms and conditions outlined in the plan.

What happens to my 401(k) plan if I leave United Natural Foods?

If you leave United Natural Foods, you can choose to roll over your 401(k) balance to another retirement account, cash out, or leave it in the United Natural Foods plan if allowed.

Is there a vesting schedule for the United Natural Foods 401(k) company match?

Yes, United Natural Foods has a vesting schedule for the company match, which means you must work for a certain period before you fully own the matched contributions.