At SICK, we believe that our employees are the key to achieving our mission and values. SICK’s benefit package has long been recognized and valued because of its comprehensiveness and competitiveness in the market. To help our employees make the most of their overall well-being, we are thrilled to provide an outstanding rewards package!
Coverage begins the first of the month following date of hire. There are two medical plan options, with eligibility for employee, spouse/domestic partner and dependent coverage.
Choice Plus Traditional Copay Plan
Deductible: $750 single | $2,250 family
Office visit: $30 copay
Coinsurance: 20%
Bi-weekly Premiums:
Employee: $36.23
Employee + one: $89.53
Family: $102.32
Choice Plus High Deductible with HSA Plan
Deductible: $3,500 single | $7,000 family
Office visit: $0 after deductible
Coinsurance: 0% after deductible
Bi-weekly Premiums and SICK's HSA contribution:
Employee: $24.93 [$1,000 HSA annual contribution]
Employee + one: $61.44 [$2,000 annual HSA contribution]
Family: $70.20 [$3,000 annual HSA contribution]
Coverage begins the first of the month following date of hire and eligibility includes employee, spouse/domestic partner and dependent coverage.
Vision Coverage
Includes materials and eye exam coverage
Employer paid benefit offered at no cost (covers family)
Dental Coverage
Employer paid base plan (covers family)
Voluntary Buy-Up plan
Base Dental Bi-weekly Premiums:
Employee: $0.00
Employee + one: $0.00
Family: $0.00
Voluntary Buy-Up Dental Bi-weekly Premiums:
Employee: $14.20
Employee + one: $40.44
Family: $59.47
You can't always predict - or control - your life. But, you can prepare for it. Protecting the financial interest of your loved ones in the event of your death or serious injury can be invaluable. SICK, Inc. provides the following benefits:
Employer paid Basic Term Life Coverage:
1.5 times annual earnings to $200,000, minimum benefit amount of $50,000
Employer paid Basic AD&D Coverage:
1.5 times annual earnings, plus $100,000, to $300,000
Voluntary Life Coverage:
Available to purchase for yourself, spouse and/or dependent children
SICK, Inc. provides disability benefits to all benefit eligible employees the first of the month following or coinciding with one month of employment with SICK and work at least 25 hours per week.
Short-term disability: Eligible for weekly benefit of 80% of pre-disability earnings
Long Term Disability: Eligible for monthly benefit of 66.67% of pre-disability earnings
Maternity Leave: Up to 12 weeks of time off (STD portion covered at 100% of salary)
Paternity Leave: Up to 4 weeks of time off
Paid Time Off (PTO) Program: Begins at 17 days, PTO is pro-rated for your first year based on hire month
Holidays: 10 paid holidays and 2 floating holidays
SICK, Inc. offers a variety of additional benefits to assist employees and their families:
visit www.netbenefits.com | 1.800.294.4015
As an employee of SICK, Inc. you will be eligible to participate in the SICK USA Retirement Savings Program managed by Fidelity Investments. The Plan offers the convenience of payroll deductions as well as tax advantages. As a new hire you will automatically be enrolled in the plan at a contribution rate of 6%.
Eligibility
Eligibility begins 30 days after date of hire for those 18 years of age and older. If you have questions about the timing of your Plan participation, contact the Administrator.
Contributions
Through automatic payroll deductions, you may contribute between 1% and 90% of your eligible pay on a pretax basis, up to the annual IRS dollar limit (2024 = $23,000). You may change your deferral percentage as applicable.
If you are age 50 or over by the end of the taxable year and have reached the annual IRS limit or Plan's maximum contribution limit for the year, you may make additional salary deferral contributions to the Plan up to the IRS Catch-up Contribution Limit (2024 = $7,500).
Company Matching Contributions
SICK will match 100% of your elective deferral contributions up to the first 2%, and 50% of your contributions on the next 4%. If you elect to contribute 6%, you will receive a matching contribution from SICK totaling 4%.
Vesting
You are always 100% vested in your:
How to Enroll
Your plan has an automatic enrollment feature. If the automatic enrollment feature applies to you and you do not take action, you will be
automatically enrolled at 6%. You will receive a separate notification indicating when deferrals will begin to be made on your behalf.
If you would prefer to elect not to participate at this time or to specifically elect a contribution rate, and/or investment elections, please contact Fidelity by logging onto www.netbenefits.com and indicate your elections.
Investment Options
If you do not select an investment mix of your own, your Employer has directed Fidelity to place your contributions and/or loan repayments into a(n)
T Rowe Price target date fund that most closely aligns with your projected retirement date based upon your birth year.
Fidelity Investments is the recordkeeper of your Plan. To view your Account, make changes to investments, or perform transactions, please use the contact information below. All telephone calls will be recorded for quality.
Phone: 1.800.294.4015
Website: www.netbenefits.com
This information is intended as a summary of some of the important features and benefits of your retirement plan. Please see your Summary Plan Description or the enrollment material provided by your Administrator for complete details. In the event there is a discrepancy, the Plan Document will govern.
If you have any questions about SICK, Inc. please contact: recruiting@sick.com