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Healthcare Provider Update: Healthcare Provider for TreeHouse Foods: TreeHouse Foods does not have a singular healthcare provider, as its employees typically access healthcare through various plans available to them, often leveraging the Affordable Care Act (ACA) marketplace or employer-sponsored plans. The specific healthcare providers can vary based on employee choices and market availability during enrollment periods. Healthcare Cost Increases in 2026: As TreeHouse Foods navigates an evolving healthcare landscape, employees may face significant healthcare cost increases in 2026. Record hikes in health insurance premiums are anticipated, driven by a convergence of factors such as rising medical costs and the potential expiration of enhanced ACA subsidies. Without these subsidies, many individuals could experience out-of-pocket premium hikes exceeding 75%. With the increasing financial burden likely to impact the quality of care, proactive planning and strategic decisions in 2025 will be essential for managing these impending costs effectively. Click here to learn more
Most TreeHouse Foods employees have already heard of the Free Application for Federal Student Aid, or FAFSA, if they or someone they know has plans to attend a college, career school, or university. Last year, around 70% of families submitted a FAFSA to the Department of Education to secure financial assistance. But what many prospective and current students may overlook are the various federal grants awarded to students in need each year.
Granted value
Most federal grants, unlike loans, function as sources of funding. There are some exceptions, though. For example, if a student is awarded a grant, but withdraws from the program in which they’re enrolled, they may be required to pay back all or a portion of that grant.
Know your grants
The Department of Education offers multiple aid packages as part of the Federal Student Grant Program and all TreeHouse Foods employees should be aware of them. The following four are granted most often, and each has different requirements for eligibility. The information below applies to the 2023-2024 academic year:
- Federal Pell Grants - With a maximum award of $6,895, Pell Grants are reserved for undergraduate students who have exceptional financial need and have not earned a bachelor’s, graduate, or professional degree yet.
- Federal Supplemental Educational Opportunity Grants (FSEO) - FSEO Grants award a maximum of $4,000 to those who demonstrate exceptional need and have not yet earned a bachelor’s or graduate degree. FSEO Grants also give priority to Pell Grant recipients over other applicants.
- Iraq and Afghanistan Service Grants - These grants award a maximum of $6,895, and they’re only for students whose parent or guardian served in a branch of the U.S. Armed Forces and died while serving in Iraq or Afghanistan after the events of 9/11.
- Teacher Education Assistance for College and Higher Education (TEACH) Grants - TEACH Grants award a maximum of $4,000, and they’re reserved for students who are enrolled in teaching preparation programs and agree to teach for a minimum of 4 years at the elementary or secondary school level in a high-need field.
FAFSA Required
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- Stages of Retirement for Corporate Employees
- 7 Things to Consider Before Leaving Your Company
- How Are Workers Impacted by Inflation & Rising Interest Rates?
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No matter who you are or your financial situation, you may want to consider submitting a FAFSA. After all, the grants listed above do require recipients to have an application on file with the Department of Education. And who knows? The potential financial benefit that you as a TreeHouse Foods employee could secure may surprise you.
- Finder.com, 2019
- StudentAid.gov, 2020
What type of retirement savings plan does TreeHouse Foods offer to its employees?
TreeHouse Foods offers a 401(k) retirement savings plan to help employees save for their future.
Does TreeHouse Foods match employee contributions to the 401(k) plan?
Yes, TreeHouse Foods provides a matching contribution to employee 401(k) contributions, subject to certain limits.
How can employees enroll in the 401(k) plan at TreeHouse Foods?
Employees can enroll in the TreeHouse Foods 401(k) plan through the company’s benefits portal during the open enrollment period or when they become eligible.
What is the eligibility requirement for TreeHouse Foods employees to participate in the 401(k) plan?
Employees of TreeHouse Foods are generally eligible to participate in the 401(k) plan after completing a specified period of service, typically 30 days.
Can TreeHouse Foods employees change their contribution percentage to the 401(k) plan?
Yes, employees at TreeHouse Foods can change their contribution percentage at any time through the benefits portal.
What investment options are available in the TreeHouse Foods 401(k) plan?
The TreeHouse Foods 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.
Is there a vesting schedule for the matching contributions at TreeHouse Foods?
Yes, TreeHouse Foods has a vesting schedule for matching contributions, which means employees must work for a certain period to fully own those contributions.
How often can TreeHouse Foods employees access their 401(k) account statements?
Employees can access their TreeHouse Foods 401(k) account statements online at any time, with quarterly statements also provided.
Are there any fees associated with the TreeHouse Foods 401(k) plan?
Yes, there may be administrative fees associated with the TreeHouse Foods 401(k) plan, which are disclosed in the plan documents.
Can TreeHouse Foods employees take loans against their 401(k) savings?
Yes, TreeHouse Foods allows employees to take loans against their 401(k) savings, subject to certain conditions and limits.
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