FINANCIAL BENEFITS

At Danone, Your Benefits Go Beyond Your Base Pay

Retirement benefits, stocks and shares, employee discount programs and voluntary perks support you financially now and in the future.

Benefit eligibility and plans may differ for those governed by a collective bargaining agreement (CBA). See your CBA for details.

401(k) Plan

Matching Contributions
Vesting
Eligibility
Enrolling in the Plan

Danone wants you to live comfortably in retirement. To help you achieve this goal, we encourage you to plan for post-workforce life through our Danone U.S. 401(K) Plan.

Danone matches 100% of each dollar on the first 4% of pay that you contribute to your account, and then 50% of each dollar for the next 2%. Matching contributions are 100% vested at the time the contributions are made.

Vesting refers to your "ownership" of your account. You are always 100% vested in your own contributions plus any earnings on them (including any rollover or transfer contributions you have made). You are also 100% vested in the Danone Matching Contributions.

If you’re a full-time employee, you can enroll on the first of the month that follows 30 days of service. If you’re a part-time employee, you need to complete at least 500 hours of service in an eligibility computation period. All participants must be at least 18 years of age.

Full-time employees are automatically enrolled on the first day of the month that follows 30 days of service. At that time, 4% of your pay will be deducted pre-tax and will be invested in the Target Date Fund that most closely matches your expected retirement year, based on your birth date. If you don’t make any changes to your contributions, your savings rate will automatically increase each year until it reaches 10%.

Life and Disability

Danoners automatically receive income protection benefits but also have the opportunity to purchase more coverage if needed. Some benefits are available at no cost and you have the option to add more coverage for extra protection.

Voluntary Benefits and Perks

Danone offers a variety of voluntary options to supplement company-paid benefits. You can save money with lower rates on legal assistance, home and auto insurance, pet insurance, identity theft protection, and commuter reimbursement accounts.

We also have employee discount programs to help you save on vacations, online shopping and more. And if you’re thinking about a move, our home benefits program can help you with mortgage discounts, real estate rewards and moving services.