Employee Benefits Description
A-1 offers a variety of very affordable comprehensive employee benefits designed to fit each client and their employees individual needs. Only the top rated carriers are used to provide these benefits.
A-1 is dedicated to successfully implementing and adminstering your employee benefits plan. Our dedicated benefits team is here to work with you and your employees personally to ensure your benefit needs are met.
Eligible employees may select from the following:
| Group Health Plans:
- Multiple PPO's to choose from
- Various deductibles and co-pays
- Employee Assistance Program
- Pharmacy & mail order presrciptions -
brand name & generic co-pays - COBRA Administration
Group Dental Plans: - Traditional dental benefits
- Network provider benefits
- Multiple PPO's to choose from
Group Life Insurance and AD&D: - Coverage up to $300,000
- Guaranteed issue up to $200,000
- Dependent coverage available
| Group Disability Insurance:
- Short-term disability
- Long-term disability
Other Benefits: - Cancer policies
- Accident
- Hospital Indemnity
- Flexible Spending Accounts
- Healthcare Savings Accounts (HSA)
- Employee Assistance Program (EAP)
|
Section 125 of the Internal Revenue Code allows employees to pay for eligible benefits with pretax dollars. Certain insurance premiums, healthcare expenses and dependent care expenses are eligible for this benefit. Each client executes an adoption agreement co-sponsoring a tailor made plan for their employees.
The following plans are eligible for pre-tax payment:
- Insurance premiums can be deducted from the employee's check.
- A medical reimbursement account may be used to pay for: deductibles, co-pays and other healthcare expenses not paid by insurance.
- A dependent care account may be used to pay for dependent care expenses such as day care and summer camp.
RETIREMENT PLANS
A-1 goes beyond the typical plan design and standard prototype language found in most retirement plans. We evaluate your employee census, your goals and objectives and tailor the plan design to accomplish your goals.
Traditional Plan Models:
- 401(k) plans
- Plans integrated with Social Security
- Age based plans
- New comparability plans
- Cross tested plans
- Safe harbor plans
- Profit Sharing Plans
Plan Highlights:
- 401(k) contributions up to 100%
- 24 hour access to accounts via Internet or telephone
- Investment changes daily
- Daily valuations and same day fund transfers
- No load/low load mutual funds
- Prompt, printed confirmation of transactions
- Client assets insured to $100 million
- Catch-up provision
- Multiple funds to choose from