MG McGrath is pleased to offer you an extensive selection of benefits designed with your wellbeing in mind.
The benefits you receive as an employee of MG McGrath can provide both financial value and access to the care you and your family need, when you need it. Your benefits are also a significant part of your overall compensation.
This site is designed to help you understand the benefit options available to you and your eligible dependents, and to answer questions you may have so that you can make an informed selection of the benefits that best fit your needs.
The information provided here can be used as a reference throughout the year. There are three times when you can enroll in or change your benefits:
- As a new employee
- At open enrollment
- A qualifying life event
Every year, MG McGrath reviews the benefits package to ensure that the benefit options available meet your needs and provide the best combination of coverage, network access, ease of use, and affordability.
If you have any questions after reviewing the information provided, please contact hr@mgmcgrath.com.
Benefits Eligibility
As a full-time employee working 30 hours or more per week, you are eligible for benefits on the first day of the month following your hire date.
In addition, the following family members are eligible for certain benefits:
- Your legal spouse. This does not include a domestic partner, common-law spouse, or ex-spouse
- Your (or your spouse's) biological child, stepchild, or a child for whom legal guardianship has been awarded, and who is under age 26
- A dependent child who is physically or mentally disabled and dependent on you
Qualifying Life Events
If you have a Qualifying Life Event and want to request a midyear change, you must notify Payroll and complete your election changes within 30 days following the event.
Qualifying life events include:
- Marriage, divorce, or legal separation
- Birth or adoption of a child
- Death of a spouse or qualified dependent
- Change in a child's dependent status
- Change in employment status or in coverage under another employer-sponsored plan
Benefits Enrollment
During your initial enrollment period, you will make decisions on all of your benefits through Ease, your enrollment platform.
If you are a new hire or have recently become eligible for benefits and do not enroll when you are first eligible, you must wait until the next open enrollment period to enroll in the coverage you want, unless you experience a qualifying life event.
When you have reviewed the enrollment materials and are ready to enroll in your benefits, you can do so through Ease by clicking on the button below.
Medical Insurance
Administered by Medica
Discover more about your coverage and plan choices here to ensure you find the perfect fit for you and your loved ones.
When choosing a healthcare provider, there’s a lot to consider. Is the doctor you want in your plan's network? How about specialists? Are in-network hospitals and clinics close by? Learn more about the healthcare options available to you.
In this section you can learn about:
- Medical benefits
- Prescription drug coverage
- Virtual care
- Additional value-add programs
Passport Network
With Medica's plans, you have the freedom to choose between any doctor in the Passport Network.
Medica Choice Passport - National Network
Medica Choice Passport is an easy-to-use plan with a large, national network. You can visit any doctor, clinic, or facility in the network without a referral.
Features include:
One of the largest networks in the nation
Nationwide network coverage when you travel
No referrals are needed when you see network providers
Find a Participating Provider
- Visit www.medica.com/find-care
- Select Medica Choice Passport with UnitedHealthcare Choice Plus
- Search for in-network care available to you
- Or call customer service at 1.952.945.8000 or 1.800.952.3455
The MG McGrath medical plans provide coverage for preventive care, doctor visits, hospitalization, prescription drugs, and more.
What is a PPO Plan?
A PPO plan is a traditional medical plan in which you pay upfront copayments for certain services such as office visits or prescription drugs, and coinsurance for emergency room, outpatient, and inpatient hospital services. If performed as part of an office visit, the copay covers the cost of the visit and any lab work. However, x-rays and diagnostic imaging will be subject to the deductible and coinsurance. Preventive care is covered at 100% in-network.
What is a High Deductible Health Plan?
A High Deductible Health Plan (HDHP) is a medical plan paired with a Health Savings Account (HSA) that allows you to save pre-tax money for qualified medical expenses. Under a HDHP plan, you pay for medical services out-of-pocket until you meet your deductible. Once the deductible is met, the plan typically covers a significant portion of your medical expenses through coinsurance. Preventive care is covered at 100% in-network, without needing to meet the deductible. Contributions can be made to the HSA, and the funds can be used for a wide range of medical expenses, including prescription drugs, dental, and vision care. Unused funds roll over from year to year and can be invested for future medical expenses, including those in retirement.
This is only a summary and is subject to the terms and conditions of the contract. If there is a discrepancy between this summary and the contract, the contract is considered correct.
Your plan options include coverage of prescription drugs. Learn more about how your pharmacy benefits work using the resources below.
Traditional Drugs
Generic | Lowest cost:
A generic drug contains the same chemical substance as a drug that was originally protected by chemical patents. Members pay the lowest copay for generics, making these drugs the most cost-effective option for treatment.
Preferred Brand | Higher cost:
This category includes preferred, brand name drugs that don't yet have a generic equivalent. These drugs are more expensive than generics, and require a higher copay.
Non-preferred Brand | Highest cost:
This category includes non-preferred brand name drugs for which there is either a generic alternative or a more cost-effective preferred brand. These drugs have the highest copay. Check for any mail-order discounts that may be available.
Specialty Drugs:
Specialty drugs are used to treat certain complex health conditions. These drugs tend to be very expensive and may need special handling and monitoring.
How Your Pharmacy Benefits Work
The medical plan provides prescription drug coverage, including a mail order program. When you fill your prescription at a participating retail pharmacy, you may purchase up to a 31-day supply of a covered drug. If you use a maintenance drug, you may use the mail order program to receive a 93-day supply of the drug at a reduced cost.
Helpful Rx Cost Savings Tools & Tips:
MAIL ORDER - Many drugs are available in a 93-day supply, rather than the 31-day retail supply. Typically, you will pay less if you choose to get a mail order 93-day supply.
GOOD Rx - There are many tools online you can use to save on prescription costs. One is goodrx.com, an online Rx database that allows you to find the lowest-cost pharmacy for your specific prescription. Additionally, you may be able to find a coupon that will greatly reduce your cost. It is important to remember that many of the coupons can only be used outside of your plan (will not count toward your maximums).
ASK YOUR DOCTOR – Ask if there are lower-cost or generic alternatives to the prescribed medication.
Visit medica.com/find-care/select-employer-provided-plan/pharmacy-benefits#DrugLists to view the preventive drug list.
Retail Pharmacy
At the participating pharmacy, you will need to present your Medica ID card and make the required payment. Most major pharmacies are in the plan’s pharmacy network. To find a participating pharmacy near you, visit mymedica.com.
Mail Order Program
Medica offers pharmacy mail order through Express Scripts Pharmacy. If you use a maintenance drug you can use the mail order program to receive up to a 93-day supply at a reduced cost to you and the convenience of home delivery.
Before signing up for mail order:
1. Verify that your pharmacy benefit includes mail order. You can check your coverage document, available on mymedica.com, or call Member Services at the number on the back of your Medica ID card
2. Register on the Express Scripts website through your portal at mymedica.com
3. Talk with your doctor to make sure it's OK to order a 93-day supply of your medication
4. Check pricing at your retail pharmacy. Depending on your benefits, you may find that it's less expensive to continue getting your medications at your local pharmacy. You can compare costs using the "Price a Medication" tool on the Express Scripts website (access the Express Scripts website through your member portal at mymedica.com)
Specialty Medications
Some medications are considered specialty drugs. These drugs are used to treat certain complex health problems. Specialty drugs tend to be very expensive and may need special handling. The Specialty Drug List is divided into two groups, preferred and non-preferred. Preferred specialty drugs have the lowest copayment or coinsurance. To see your share of the costs and a list of medications that are considered specialty drugs, log on to mymedica.com. You’ll fill most specialty drug prescriptions through Medica’s designated specialty pharmacy, Accredo Specialty Pharmacy. Contact them at 1.866.544.6817. A copy of the specialty drug list can be found at mymedica.com or by calling Medica’s customer service at 1.952.945.8000 or 1.800.952.3455.
Go Mobile for Prescription Coverage through Express Scripts!
You have access to a mobile app that helps you save money and manage your prescription benefits on the go. With the app you can:
- Check drug costs and learn how to save on your prescriptions
- Find a network pharmacy
- Print or view a temporary prescription ID card
- Manage mail order prescriptions
You can download the free Express Scripts app from the Apple App Store or on Google Play.
This is only a summary and is subject to the terms and conditions of the contract. If there is a discrepancy between this summary and the contract, the contract is considered correct.
My Health Rewards
Encouraging you to reach your wellness goals.
My Health Rewards by Medica helps you build healthy habits and live your best life. When you invest in your health, you invest in your future. Depending on which medical plan you are enrolled in, you have access to either My Health Rewards or My Health Rewards Invest.
Covered spouses and dependents age 18 or older are eligible only for the My Health Rewards program.
My Health Rewards
If you are enrolled in the $1,500 PPO Plan, you have access to My Health Rewards and if you cover your spouse or dependent children ages 18-25 they can also participate in My Health Rewards. You and any covered dependents have the opportunity to earn up to $225 per year for completing health goals. The My Health Rewards online tool and app lets you log healthy habits, track activity through a fitness tracker, and complete other healthy activities to earn rewards. Rewards can be redeemed as e-gift cards or health and fitness products. You can also choose to donate your rewards to a charitable cause.
See the Medica My Health Rewards Guide below to learn more about the point system and rewards!
Sign up today at medica.com/myhealthrewards or download the Personify Health app.
My Health Rewards Invest
If you are enrolled in the $3,400 HDHP or $4,500 HDHP Plan, you can earn up to $75 per month (up to $900 per year) for meeting monthly wellness goals. The money you earn will be deposited into your HSA on a quarterly basis. As you meet your wellness goals, you’ll build healthy habits, have fun, and experience the lifelong rewards of better health. To find your own path to better health, get started at medica.com/invest.
Wellness goals: Each goal can earn you $25 per month, up to $75 per month.
- Sleep 7 or more hours per night for 20 days in a calendar month.
- Track a healthy habit that is important to you for 20 days in a calendar month.
- Take 10,000 steps a day for 20 days in a calendar month.
Reminder: It is important to remember you cannot exceed the IRS HSA maximum ($4,400 for single, $8,750 for family) for the 2026 calendar year.
Additional Benefits Through Medica
Medica offers services and resources that help you improve your health and make the most of your benefits. Best of all, these are part of your benefit plan once you become a member.
Employee Assistance Program
When you need help with life’s challenges. Sometimes life throws you a curveball. Whether it’s financial troubles, personal issues, or family problems, help is available. Just call 800.626.7944 any time, day or night, any day of the year to talk with a counselor. They’ll help you find the resources you need to get back on track.
Ovia Health
Support for your entire parenthood journey. Ovia guides you through your pregnancy, parenting, and reproductive health journey - including trying to conceive and managing menopause. Get clinically backed content and unlimited support from Ovia’s team of health coaches, registered nurses, and certified nurse midwives within Ovia Health’s three apps: Ovia (for reproductive health), Ovia Pregnancy, and Ovia Parenting. Download the Ovia app that’s right for you and enter your health plan information to access all features.
Omada
Reduce your risk for chronic disease. Omada, a digital lifestyle change program, can help you learn how to make smart food choices, discover easy ways to boost your activity, and overcome challenges that prevent you from getting healthier. You’ll get support and strategies to motivate you to set and reach your goals. Go to omadahealth.com/medica to learn more!
CallLink - 24 Hour Health Support
Trusted answers any time of day or night. Worried that your stomach bug could be serious? Wondering what to do about that cough that won’t go away? The advisors and nurses at Medica CallLink can help. They’re available 24 hours a day, 365 days a year to answer your questions and help you make smart decisions about your health. Call 800.962.9497 (TTY users, call 711).
Optum Emotional Wellbeing Solutions
Get help with life’s challenges, from personal to financial and legal concerns. Meet with a counselor or therapist. You get five counseling sessions at no extra cost (per issue, per year).
Receive a free 30-minute legal consultation and 25% off when working with a lawyer to help with child support, divorce, adoption, wills and trusts, and more.
Talk with a financial advisor about debt, saving money, foreclosure, and more.
Call an EAP specialist 24/7 at 1.800.626.7944 (TTY: 711) for help finding the resources you need to get back on track.
Calm Health - Behavioral Health
On the go help to boost mental and emotional health. Explore programs that support mental health, chronic illness, and tough life challenges. Calm Health is a digital behavioral health resource that combines content from Calm – the #1 rated app for meditation and sleep – with evidence-based clinical programs developed by psychologists to support mental wellbeing in one app.
Calm Health is available free of charge to members age 12 or older, who are enrolled in a Medica health plan. To get started, visit Welcome to Calm Health - Calm Health to register or download the Calm Health app in the Apple App Store or Google Play Store. If asked, enter access code: medica. Enter your name and member ID number exactly as they appear on your Medica ID card.
No crowded waiting rooms.
No driving.
See a doctor when you need one.
A virtual visit lets you connect with a nurse practitioner or a doctor from your mobile device or computer. When you use one of the provider groups in our virtual visit network, you have benefit coverage for certain non-emergency medical conditions.
Amwell
Online doctor visits, 24/7
See a doctor or therapist from home, using your phone, tablet, or computer.
Services
Amwell is not just for urgent care! They offer many different telehealth services to address all of your health concerns.
Eligible services are covered under your plan as a behavioral health office visit.
Amwell also offers other online services, but it is not an in-network provider for those services. You can use those services, but you will pay the full cost.
How it works
You have a video visit with a board-certified doctor or nurse practitioner using the web or mobile app.
- To get started, create an Amwell account:
- Smartphone/tablet: Download the free Amwell app from the App Store or Google Play
- Computer: Go to amwell.com/cm
- Phone: 1.844.733.3627
- Enter your email address, create a password, then add the requested insurance information from your Medica ID card.
- Select a doctor or nurse practitioner and follow the prompts to start your visit.
- The provider will review your history, answer questions, diagnose, treat, and prescribe medication (if needed).
- If you need a prescription, it will be sent to your pharmacy. The cost of your prescription will be based on your plan’s prescription drug coverage.
Virtuwell
Get better faster
Your 24/7 online clinic
Healthcare should be simple, convenient, and affordable.
Virtuwell is a 24/7 online clinic that reinvents the diagnosis and treatment experience. By blending proven clinic practices with a refreshingly simple online platform, Virtuwell is saving consumers time and money.
How it works
You have an online visit with a certified nurse practitioner.
- Go to virtuwell.com and take a quick online interview that checks your medical history and makes sure your problem can be treated online.
- If you can be treated online, you’ll create an account with your contact, insurance, pharmacy, and payment information.
- A nurse practitioner will review your case and write a personalized treatment plan. You will get an email or text when your plan is ready.
- If a prescription is needed, it’ll be sent to your pharmacy. The cost of your prescription will be based on your plan’s prescription drug coverage.
Health Savings Account
Administered by Alerus
Take charge of your healthcare spending with a Health Savings Account (HSA). Contributions to an HSA are tax-free, and the money in the account is yours!
HSAs are a tax-advantaged savings account paired with a high deductible health plan exclusively for the purpose of paying qualified medical, dental, and vision expenses for you, your spouse, and your dependents.
Looking for a smart way to save for your medical needs and future?
Watch this informative video and learn how an HSA account works to benefit you and your future.
Understanding Your HSA
What expenses can be paid from an HSA?
Any out-of-pocket and unreimbursed medical expenses, including over-the-counter medications, are allowed under section 213(d) of the Internal Revenue Code. This also includes Medicare and long-term care premiums and expenses. For a detailed listing, visit irs.gov.
Can I use my HSA to pay for qualified medical expenses for a spouse or dependent?
Yes, even if your spouse or dependent is covered under another health plan. It’s important to remember that only expenses for tax dependents can be reimbursed from the HSA.
Tax-Free Times Three
An HSA is tax-free times three. When the funds are used to pay for qualified medical expenses, you do not pay taxes on:
- Contributions
- Earnings
- Withdrawals
Questions?
Contact Alerus at 1.800.495.4015 or alerusrb.com for more information.
Benefits you Receive
There are many benefits of using an HSA, including the following:
It is portable. The money in your HSA is carried over from year to year and is yours to keep, even if you leave the company.
It is a tax-saver. HSA contributions are made with pre-tax dollars. Since your taxable income is decreased by your contributions, you’ll pay less in taxes. And, if you use the money for qualified expenses, you don’t pay taxes when you withdraw the money either.
Who is Eligible and When?
To be eligible for a Health Savings Account (HSA), you must be enrolled in either the $3,400 HDHP plan or $4,500 HDHP plan.
In order to contribute to an HSA, you must not:
- Be claimed as a dependent on someone else’s tax return (children age 19 or older must be tax dependents).
- Have other health plan coverage that provides benefits covered under the High Deductible Plan (for example, a Health Care Flexible Spending Account, a separate prescription drug plan, or a spouse’s non-HDHP plan).
- Have a spouse with a Health Care Flexible Spending Account that could reimburse your medical expenses.
- If you are covered by a Health Care Flexible Spending Account, it must be Limited Purpose, covering only vision and dental expenses.
- Be enrolled in a government health plan, such as Medicare, Medicaid, or TRICARE.
Investing HSA Funds
The money contributed to your HSA is deposited into an interest-bearing, FDIC-insured account. Once your HSA balance exceeds $2,000, you have the option to invest in a variety of mutual funds. Go into your HSA account to find out more about your investing options.
Flexible Spending Account
Administered by Alerus
Flexible Spending Accounts (FSA) can be a great way to save money on taxes and pay for unexpected medical expenses.
Flexible Spending Accounts allow you to reduce your taxable income by setting aside pre-tax dollars from each paycheck to pay for eligible out-of-pocket health care and dependent care expenses for yourself, your spouse, and your dependent children.
Want to Learn More About Flexible Spending Accounts?
Watch this informative video and learn how an FSA account works to help you save more on health care.
Eligibility
For full-time employees, MG McGrath offers a traditional Medical Flexible Spending Account (FSA), a Limited-Purpose FSA, and a Dependent Care FSA.
The Medical FSA gives participants in the $1,500 PPO plan the opportunity to set aside pre-tax dollars to pay for qualified medical, dental, and vision expenses. Examples of eligible expenses include deductibles and copays, prescription drug costs, and over-the-counter medicines (if prescribed by a doctor).
Participants in the $3,400 HDHP and $4,500 HDHP can contribute to a Limited-Purpose FSA for dental and vision expenses only.
Medical FSA
Maximum Annual Contribution | $3,400
You are eligible to participate in the Medical FSA if you are enrolled in the $1,500 PPO plan. All eligible healthcare expenses – such as deductibles, medical and prescription copays, dental expenses, and vision expenses – can be reimbursed from your Medical FSA account.
With the Medical FSA, you can spend up to the full amount of your annual election as soon as your account has been set up.
Limited-Purpose FSA | Additional Requirements
If you open or contribute to a Health Saving Account (HSA), you may only enroll in a Limited-Purpose FSA.
If you enroll in a HDHP and elect a Medical FSA, you will automatically be enrolled in the Limited-Purpose FSA.
A Limited-Purpose FSA will reimburse you for dental and vision expenses, but you cannot claim the same expense on both the FSA and HSA accounts.
Dependent Care FSA
Maximum Annual Contribution | $7,500
The Dependent Care FSA allows you to pay for eligible dependent care expenses with tax-free dollars so that you and your spouse can work or attend school full-time. Unlike the Medical FSA, funds in a Dependent Care FSA are only available once they have been deposited into your account and you cannot use the funds ahead of time.
You may set aside up to $7,500 annually in pre-tax dollars, or $3,750 if you are married and file taxes separately from your spouse.
If you participate in a Dependent Care FSA, you cannot apply the same expenses for a dependent care tax credit when you file your income taxes.
Understanding Your FSA
You have until December 31 (the end of the plan year) to incur expenses, and until March 31st of the following plan year to submit eligible claims.
Roll-Over Provision
MG McGrath’s Medical and Limited-Purpose FSA have a Roll-Over Provision that allows you to carry forward your remaining balance up to $660 from the 2025 plan year into 2026. Any money that is left over from the prior year over the $660 in your Medical and Limited Purpose FSA will adhere to the use-it-or-lose-it rule, and funds will be forfeited.
Dependent Care FSA funds must be used by the end of the plan year, as this plan does not have a roll-over provision and any funds left unused by December 31 will be forfeited.
How do I Enroll?
Employees are eligible to enroll in the Flexible Spending plans during the annual open enrollment period. Coverage will be effective at the beginning of the following year. You can elect coverage for these plans through our enrollment portal, Ease.
You must re-enroll each year for the FSA plans.
Eligible Expenses
A full list of qualified FSA expenses can be found in IRS Publication 502 at irs.gov.
Eligible Dependent Care Expenses Include:
Care for your dependent child who is under the age of 13 that you can claim as a dependent on your federal tax return;
Care for your dependent child who resides with you and who is physically or mentally incapable of caring for themself or
Care for your spouse, parent or grandparent who is physically or mentally incapable of caring for themselves and spends at least eight hours a day in your home.
Care is defined as: in-home babysitting services (not by an individual you claim as a dependent); care of a preschool child by a licensed nursery or daycare provider; before- and after-school care; summer day camp (not overnight); and in-home dependent daycare.
Questions?
Contact Alerus at 1.800.495.4015 or alerusrb.com for more information.
Dental Insurance
Administered by Principal
In addition to protecting your smile, dental insurance helps pay for dental care and includes regular checkups, cleanings and X-rays. Several studies suggest that oral diseases, such as periodontitis (gum disease), can affect other areas of your body—including your heart. Receiving regular dental care can protect you and your family from the high cost of dental disease and surgery.
Find a Provider
To find a participating provider:
- Visit principal.com/dentist
- Begin your search by entering your zip code for the area where you would like to find a provider
- Enter the name of the specialty or provider you are looking for (if known)
- Search for in-network providers
This is only a summary and is subject to the terms and conditions of the contract. If there is a discrepancy between this summary and the contract, the contract is considered correct.
Vision Insurance
Administered by Principal
Driving to work, reading a news article, and watching TV are all activities you likely perform every day. Your ability to do all of these activities depends on your vision and eye health. Vision insurance through Principal can help you maintain your vision as well as detect various health problems.
Find a Provider
To find a participating provider:
- Visit vsp.com/eye-doctor
- Search by location, office, or doctor
- Enter the required information to search for an in-network provider
This is only a summary and is subject to the terms and conditions of the contract. If there is a discrepancy between this summary and the contract, the contract is considered correct.
Basic Life and Accidental Death & Dismemberment Insurance
Administered by Principal
You can’t always predict – or control – your life. But you can prepare for it.
Life insurance is an important part of your financial security. Life insurance helps protect your family from financial risk and sudden loss of income in the event of your death. AD&D insurance is equal to your Life benefit in the event your death is the result of an accident and may also pay benefits for certain injuries sustained.
Basic Life and Accident Death & Dismemberment
MG McGrath provides you with $30,000 of Basic Life insurance at no cost to you. An equal amount of Accidental Death and Dismemberment (AD&D) insurance is provided with your life insurance coverage. Life insurance helps protect your family from financial risk and sudden loss of income in the event of your death. In the event a death occurs, your life insurance coverage amount will be paid to your designated beneficiary. AD&D insurance protects you in case of accidental death or injury—if you lose a limb, eyesight, or hearing. In the event of your death, the life plan pays benefits to your designated beneficiary.
Voluntary Life and Accidental Death & Dismemberment Insurance
Administered by Principal
You have the option to enroll in Voluntary Life and Accidental Death and Dismemberment (AD&D) coverage.
Life Insurance for You
You may elect additional Life and AD&D insurance coverage in increments of $10,000, up to $300,000. The guaranteed issue amount for this plan is $100,000, if you are age 70 or older, the guaranteed issue amount is $10,000.
Life Insurance for Your Spouse
Spouse coverage is available in increments of $5,000 up to a maximum of $100,000. The spouse coverage may not exceed 100% of your coverage amount. The guaranteed issue amount for this plan is $30,000, if your spouse is age 70 or older the guaranteed issue amount is $10,000.
Life Insurance for Your Children
For your eligible dependent children, you may elect:
- Birth to 14 days: $1,000
- 14 days to 26: $10,000
Age Reduction:
Employee: 25% at age 65; additional 25% of original amount at age 70
Spouse: 25% at age 65; additional 25% of original amount at age 70
Evidence of Insurability
If you would like to increase your coverage during open enrollment, you can increase your benefit by 2 increments ($20,000 for employees and $10,000 for spouses) without completing evidence of insurability.
This is only a summary and is subject to the terms and conditions of the contract. If there is a discrepancy between this summary and the contract, the contract is considered correct.
Helping to protect your finances and way of life.
Watch the video to see how Short Term and Long Term Disability Insurance work.
Short Term Disability (Salary Continuation)
Administered by MG McGrath
Everyday illnesses or injuries can interfere with your ability to work. Even a few weeks away from work can make it difficult to manage household costs.
Short Term Disability coverage provides financial protection for you by paying a portion of your income, so you can focus on getting better and worry less about keeping up with your bills.
Long Term Disability (LTD)
Administered by Principal
Serious illnesses or accidents can come out of nowhere. They can interrupt your life, and your ability to work for months.
Long Term Disability provides financial protection for you by paying a portion of your income, so you have financial support to manage your disability and your household.
Additional Benefits Through Principal
Your well-being is a top priority. We are dedicated to providing employee benefits that cover a range of needs, from financial support to emotional and mental health resources to help you and your family.
Laser Vision Correction
Imagine your life free from glasses and contacts. You, your spouse, and dependent children receive 15% off standard pricing or 5% off promotional pricing on LASIK through the National Lasik Network, administered by LCA-Vision, Inc. Visit principallasik.com or call 1.888.647.3937 for more information.
Hearing Aid Program / AHB
Consider how hearing loss affects the entire family. That’s why you, your spouse, children, parents, and grandparents can receive free annual hearing consultations and a 60-day trial on hearing aids through American Hearing Benefits, Inc. (AHB). Plus, you all get discounts on hearing aids through their nationwide network of 3,000+ hearing professionals. Visit principal.com/hearingbenefits/ahb or call 1.877.890.4694 for more information.
Hearing Aid Program / EPIC
Take care of your family’s hearing. You and your family have access to a large network of audiologists and ear, nose and throat (ENT) physicians through Ear Professionals International Corporation (EPIC). All of you get up to 60% off major brand hearing aids. Follow-up care and batteries for one year are included for hearing aids purchased through EPIC. Visit principal.com/hearingbenefits/epic or call 1.866.956.5400 and identify yourself as a Principal customer.
Employee Assistance Program
With an EAP, you and your family have access to free, confidential resources to help handle life’s everyday—and not so everyday—challenges. You’ll have 24/7 access to support through phone consultations, a mobile app, online resources, and self-screening tools. You can connect with licensed professionals for counseling, coaching, and more—in person, by text, live chat, video, or phone.
You might use your EAP to help: manage stress, handle relationship issues, balance work and life, work through grief, cope with anxiety, and more. Plus, your EAP gives you access to discounts on major brands and everyday needs.
Visit guidanceresources.com and when you create an account, enter PrincipalCore as the program name, or call 844.869.2365.
Travel Assistance
Ease some of the worries of traveling – whether in the U.S. or internationally. You, your spouse, and dependent children have access to a variety of benefits provided through AXA Assistance. These services include travel and medical assistance plus emergency medical evacuation benefits. Assistance is available for travel 100+ miles away from home for up to 120 consecutive days. Available with group term life insurance only. Visit principal.com/travelassistance for more information.
Will & Legal Document Center
Consider creating your simple legal documents online. These online resources and tools, provided by ARAG®, are easy-to-use. You and your spouse can create, print, and store essential legal documents—such as a will, living will, healthcare power of attorney, durable power of attorney, and medical treatment authorization for minors. Plus, you can access estate planning tools and a personal information organizer. Visit ARAGwills.com/Principal. Enter your group policy number: 1064905
Identity Theft Kit
Be proactive in protecting one of your most important assets – your identity. If your identity is stolen despite your best efforts, you’ll get valuable tips on how to restore it. Visit ARAGwills.com/Principal. Enter your group policy number: 1064905
Beneficiary Support
Get help coping with the death of a loved one. Beneficiaries receive help coping with the emotions and financial decisions that surface when a loved one dies. Services include grief support from Magellan Healthcare and financial review from Principal. Spouses and dependents receive three months of free online will preparation services provided by ARAG. Information is provided after the loss of a loved one.
401(k) Retirement Plan
Administered by Employee Fiduciary, LLC
Helping you grow a secure financial future so you can enjoy your retirement years.
MG McGrath offers its employees the opportunity to participate in a 401(k) plan and receive a company match, effective immediately from date of hire. Employees contributing to the plan are eligible to receive a dollar-for-dollar match on the first 3% of salary deferrals contributed to the plan and a 50% match for the next 2% of salary deferrals contributed to the fund. The maximum company match is 4% when an employee is contributing 5% of their salary to the fund.
Plan Enrollment Steps
To enroll in the plan, please take the following steps:
- Get a Plan Enrollment Kit from Payroll.
- Complete the Wage Deferral Form and the Beneficiary Designation Form.
- Return the completed forms to Payroll.
- Log in to the plan’s participant website located at planlogin.com and choose investments for your account.
Fund Information
You can find fund information on the participant website.
Participant Website
Once you have provided a completed Enrollment Form and Beneficiary Designation Form, a plan account will be established for you at planlogin.com. Information about how to access this account and your user information is contained in the Plan Enrollment Kit.
Employee Fiduciary, LLC
Employee Fiduciary, LLC is our Plan service provider. For more information about our provider, you can visit their website at employeefiduciary.com. If you need help accessing or using your account, you can contact their participant services team by calling 1.877.401.5100 (option 3) or emailing support@employeefiduciary.com.
NFP
MG McGrath partners with NFP, located in Plymouth, to provide you with a comprehensive suite of financial planning resources.
For questions or requests regarding your 401(k) plan, or any other financial-related topic you may contact Alex Wallerich by calling 1.651.380.0353 or emailing alex.wallerich@nfp.com.
Vesting
Vesting refers to the amount of money you have in the Plan that you have a non-forfeitable right to receive. You may be required to work a certain amount of time to earn certain contributions to the Plan. Please see your SPD section titled "Vesting" for more information about vesting and how it is calculated.
Do I need to work a certain amount of time to keep my elective deferrals and ADP safe harbor contributions?
No, you will always be immediately 100% vested in your elective deferrals and ADP safe harbor contributions.
Distributions
Can I take a distribution of my account balance after my employment terminates?
Yes, you can take a distribution of your account balance immediately after your employment terminates.
Can I take a distribution of my account balance when I reach age 59-1/2?
Yes, you can take a distribution of all of your fully vested account balance when you reach age 59-1/2.
Can I take a distribution of my account balance while still working if I incur a hardship?
Yes, you can take a hardship distribution of your fully vested account balances that are not safe harbor contributions while still working if you incur a hardship.
Can I take a loan from the plan?
Yes, you may be able to take a loan secured by your assets in the plan.
Please see the SPD section titled "Distributions" for further information on your distribution options.
Plan Investments
Can I direct how my account balances will be invested?
Yes, you can direct how your entire account balance will be invested using the different investments offered under the Plan.
You may make or change your investment elections by going to the following website: planlogin.com
How often can I change my investment election?
Subject to any additional restrictions placed on investment timing by the actual investment, you may change your investment elections daily.
Contact Information
Plan Documents