Pros
401(k) benefit seems generous. Good cultures and work environments exist in some departments (mostly operations and IT). Location in downtown Louisville is nice.
Cons
Employee health insurance benefit is an insult and is loaded with additional fees and administrative requirements. Salaries are well below comparable organizations. IT is a step or two behind other Fortune 500 companies (we just stopped using Lotus Notes last year, and blackberries remain the norm). Many departments are very political (favoritism and lack of transparency in hiring) and many managers are very traditional (e.g., requirement to wear suits to the office, "face time" expected -- even for employees who could otherwise work remotely). Diversity is practically non-existent (think old, white guys with little creativity).