DEERFIELD BEACH, Fla. -- Diversified automotive company JM Family Enterprises (JMFE) has ranked No. 40 on FORTUNE magazine’s 2006 list of 100 Best Companies to Work For. This is the eighth consecutive year the family-owned business has made the list.

FORTUNE cited that every year since 1969, JMFE has contributed an amount equal to 15 percent of associates’ annual salary into its profit sharing plans and for having an on-site salon that provides free hair and nail services to associates. The world’s largest private Toyota distributorship is also the highest-ranked automotive retailing/services company and is No. 15 overall for Best Compensation/Pay for salaried positions.

"This significant achievement is a reflection of JM Family’s unique culture, work/life advantages, and highly held values," said Chairman Pat Moran.

This is the second year that FORTUNE has subdivided the list by company size: large, midsize and small, with JM Family ranked No. 16 among midsize companies with between 2,501 to 10,000 U.S. employees.

Since JM Family’s inception in 1968 it has been steadfast in maintaining a world-class work/life environment that offers competitive salaries and outstanding benefits for associates and their families. JMFE is unmatched in its generous array of unique benefits and work/life advantages including on-site: medical centers with full-time physicians, nurses, physical therapist and part-time gynecologist; childcare facility; free prescriptions and flu shots; cafeterias open for breakfast, lunch and offering take-home dinners; salon services with free haircuts and manicures; dry cleaning and shoe repair services; annual mammograms; fitness centers; massage therapists; indoor lap pool; 401(k) plan, profit sharing plan, retirement plan and medical plan retiree option; toll-free telephone line for communications before, during and following a disaster or crisis; and much more.