Retirement Savings Benefits (current as of 01-01-2023):
401(k) Plan: Before-Tax & Roth 401(k):
- Eligible 1st of the month after 60 days / Automatically enrolled at 6% on eligibility date if no action taken
- 2023: Pre-Tax 401k Catch-up Limit – $30,000.00 / Pre-Tax 401k Contribution Limit: $22,500.00
- Company matches 100% @ 1% and 50% @ 2% – 6% (6% is the max at 3.5%)
- 2023: Match based off all earnings up to $330K
- 2-year vesting schedule (QACA) for company match portion
Employee Contribution | Company Match |
---|
1% | 1% |
2% | 1.5% |
3% | 2% |
4% | 2.5% |
5% | 3% |
6% | 3.5% |
>6% | 3.5% |
Health & Welfare Benefits (current as of 1/1/2023):
Medical/Vision/Dental/Life/STD/LTD/FSA: January 1, 2023 to May 31, 2023
- Eligible 1st of the month after hire
- Medical/Vision/Dental/Life/STD/LTD + Voluntary Benefits
- Domestic Partner Benefits available (same as spousal benefits)
- These benefits, costs, and providers are subject to change annually during the company’s open enrollment window
Health | BCBS of Texas: 300/80%, 4000/80% or 2800/HSA |
Dental | Guardian: Value (MAC) or NAP |
Vision | Guardian VSP: VSP Choice Network |
Life | Basic $35,000 (Option for Employee to pay for more) |
Short-Term Disability | 60% coverage |
Long-Term Disability | 60% coverage |
FSA | 2023 Contribution limit $3,050 (self) |
HSA | 2023 Contribution limit $3,850 (self) |
Paid Time Off:
- 80 hours for 0-2 year of service as FT/Hourly
- 120 hours for 2-4 years of service as FT/Hourly
- 160 hours for 4+ years of service as FT/Hourly
No roll over or payout, must be used in calendar year
9 Paid Holidays:
1/16/2023* | 4/07/2023* | 5/29/2023* |
7/04/2023* | 9/04/2023* | 11/23/2023* |
11/24/2023* | 12/25/2023* | 12/26/2023* |
*Available to observe at base rate or work with incentive rate of pay