General
What is the general definition of benefits?
A gain or advantage, often a service or right provided by an employer to employees in addition to their regular pay, or a payout from an insurance policy or government program
Who does StaffScapes use for internal current Medical carrier?
Aetna Insurance
How many Voluntary benefit categories does StaffScapes offer?
Dental, Vision, Accident/Critical Illness, Short-term disability, life/accidental death & dismemberment, New Benefits, and FSA/ DEP Care
What is StaffScapes match to 401k?
5%
What is the benefit enrollment site called?
Employee Navigator
How many plans do we offer for our internal team?
a. 1
b. 3
c. 2
b. 3 different plans
3 plans - 2PPO and 1 EPO
Which company is our retirement plans offered through?
Empower
StaffScapes offers all full time employees life/add insurance at no additional cost- how much is the life/add insurance offered?
$5000 life and ADD
Can you have an HSA (health savings account) if you do not have medical insurance ?
No, medical insurance is required for an employee to have an HSA.
Who is our Vision Plan through?
Eye Med Vision
Does Primrose have an auto-enrollment for their retirement?
yes, and the auto enrollment is 3% with no match currently.
What is the "Be Well Benefit?"
If an employee is enrolled in Accident or Critical Illness or both, you can receive $50 for getting a screening test.
What is the name of our broker agency?
Administrative Benefits Service
What is the max amount an employee can elect in with our FSA? Dependent Care?
FSA $2500
DEP CARE $5000
How many clients have a "client owned" 401k?
a. 5
b. 13
c. 8
b. 13
What does EAP stand for?
Who is our EAP offered through?
Employee Assistance Program
Lincoln Financial group- EmployeeConnect
Within how many days are COBRA and Continuation notifications required to be mailed out once an employee has been terminated?
How long is the election period for cobra and continuation?
COBRA- 14 days Continuation- 10 days
COBRA- 60 days Continuation- 30 days
What are these examples of? (must occur within 30 days)
Marriage/Divorce
Change from Part-Time to Full-Time status
Birth/ Adoption of a child
A "qualified" Life Event
Do 401k plans have an age requirement?
yes. Most clients have an age requirement and 1 year of service. The age generally is 21 or 18 but there are a few that do not require one.