GROUP INSURANCE

FT Employees (scheduled to work a minimumk of 30 hours / week)

Medical, Dental, FSAs, Life, STD & LTD

Benefits begin on the first day of the month following date of hire.

HOLIDAYS

PAID TIME OFF (PTO)

FT Employees, only after 90 days of employment

401(K)

Must work one (1) day in each of three (3) consecutive months, beginning on the next calendar quarter; FT and PT, not temporary employees.

As a full-time employee of Bankers Consulting Corporation and Affiliated Companies, you are currently eligible for insurance. Your benefits include Medical, Dental, Life and AD&D, Vision, Short Term Disability and Long Term Disability Coverage. Your Life and AD&D, Short Term Disability, Long Term Disability, Medical and Dental benefits become effective the first day of the month following 60 days of employment. You may enroll yourself and/or your dependents on these plans.

The group medical plan with United HealthCare (Anthem BCBS in Reno) offers you the freedom to choose providers either in or out of their network, however you will receive a higher level of benefits when you use a provider that is a member of the network. You do not need to choose one primary care physician and referrals are not needed to see specialists in the network.

Please review the information in the packet carefully and refer to the benefit summaries for an outline of the benefits.

The group dental plan with Delta Dental allows you to obtain services from any dentist. Delta Dental has a network of participating dentists who have agreed to accept Delta Dental’s allowable fee as payment in full after any deductibles and/or copayment has been met.

The group Life and AD&D insurance is provided by C.N.A. Life Insurance Company. All full time employees will have life insurance and accidental death and dismemberment benefits of 1 x annual salary with a maximum of $50,000 paid for by the employer. Employees will have the option of buying additional coverage in the amounts of 1, 2, and 3 times his or her salary on themselves and additional coverage for their family members.

Vision Service Plan is the group vision insurance carrier. Highlights of the program include annual eye exams, eye ware, and contact lenses.

Short Term Disability is provided by C.N.A. Life Insurance Company. The benefit is 66 2/3% of your basic weekly salary with a maximum weekly benefit of $1,500. Benefits begin on the 15th calendar day of disability and will be paid up to 13 weeks.

Long Term Disability is provided by C.N.A. Life Insurance Company. The benefit is 66 2/3% of your basic monthly salary with a maximum monthly benefit of $6,000. Benefits begin on the 91st day of disability and will be paid to age 65 if you are continuously disabled.

BASIC is the reimbursement accounts carrier. A Reimbursement Account allows you to put aside money before taxes to pay for medical, dental, vision and child care expenses. By putting money aside pre-tax, you can save a substantial amount on your medical and dependent care expenses. Please review the detailed handout on Reimbursement Accounts. Participants will receive a debit card to use for eligible expenses instead of paying out-of-pocket at the time of service.

Your employer will contribute 100% of the basic life, AD&D, Short Term Disability and Long Term Disability premiums, 80% of the employee medical/dental/vision premiums, and 50% of the dependent medical/dental/vision premiums.

Medical and dental benefits cease on the last day of the month in which the employee terminates. Life / AD&D, Short Term Disability and Long-Term Disability benefits cease on the employee’s date of termination.

Your premium contributions are eligible for the Section 125 Pre-Tax Premium Plan. Your deductions are taken from your gross pay prior to any taxes being withheld. You could save 25 – 30% because of this arrangement, depending on your tax bracket. This benefit is provided at no cost to you and allows for your employee benefits to be funded PRE-TAX rather than AFTER-TAX dollars. Because of the tax savings, the IRS allows no changes in your election except during the Open Enrollment period each year or under certain qualifying family status changes. You must complete the Benefit Election Form either electing or waiving participation.

401K Plan

Eligibility and Entry

You are eligible to begin salary deferrals and receive matching contributions if you:

Vesting

You are 100% vested in all contributions that are made to your account. You cannot forfeit these contributions.

Investments

You may invest your contributions and company contributions in any or all of the following investment accounts:

Stable

Conservative

Moderate

Aggressive

Dynamic

Investment Mix Changes

You may change your investment mix anytime.