ASG Benefits Information (Former)
2018 ASG Benefits Summary (PDF)
Medical, Dental, and Vision Insurance
Full-time employees are eligible to enroll in ASG’s medical, dental, and vision plans.
- ASG offers three tiers of coverage under Anthem’s Blue Cross Blue Shield Medical (PPO) Plan with varying deductible, co-pay, co-insurance, and out-of-pocket maximum amounts.
- Under the Bronze medical plan, employees are also be eligible to set up and contribute pre-tax wages to a Health Savings Account (HSA).
- Dental coverage is offered under Delta Dental. This plan covers preventative, basic, and major procedures.
- ASG also offers a vision plan with the VSP network of providers. The plan covers exams, glasses, lenses, frames, and contact lenses.
ASG contributes 75% of plan premiums up to $1,100 per month. Medical plan costs depend on the options chosen. Employees may opt to have costs withheld on a pre-tax basis.
Details of ASG’s medical plan options:
- Analytic Solutions Group Anthem Bronze PPO
- Analytic Solutions Group Anthem Gold PPO
- Analytic Solutions Group Anthem Platinum PPO
- Plan Comparison Chart: Analytic Solutions Group Anthem Medical Plan Comparison
Information on Anthem’s physician selection:
Delta Dental network information:
VSP Vision Coverage option:
401(k)
ASG sponsors a 401(k) retirement plan.
- ASG makes a 3% Safe Harbor contribution each pay period
- ASG may make additional discretionary or profit-sharing contributions to participant accounts
- Employees can make either pre-tax or post-tax contributions via payroll deduction
- Employer contributions vest immediately
401(k) plan specifics:
- 401(k) Plan ASG Information
- 401(k) Summary Plan Description
- 401(k) Safe Harbor Notice 2019: 3% Nonelective
- 401(k) Investment Policy
- 401(k) Capital One Portfolio Fact Sheet
- 401(k) Participant Fee Disclosure Notice
- Understanding Retirement Plan Fees and Expenses
- 401(k) 2019 Qualified Default Investment Alternative
Premium Reduction Option
This option allows employees to pay benefits premiums on a pre-tax basis
Long Term and Short Term Disability Insurance (LTD/STD)
Full-time employees receive Short Term and Long Term Disability Insurance through Sun Life.
- This coverage is 100% employer paid
- STD coverage provides 60% of base salary, or up to $2,000 weekly
- LTD coverage provides 60% of base salary (up to $7,500 monthly) after a 90-day exclusion period
Please check with your tax advisor about the taxability of disability benefits.
Life Insurance and Accidental Death & Dismemberment Insurance
Full-time employees receive Basic Life and Accidental Death and Dismemberment Insurance through Sun Life.
- This coverage is 100% employer paid
- Covered benefit amount is $50,000 (Benefits are reduced to 67% at age 65, and to 50% at age 70)
Summary of Life & AD&D benefit:
Leave and Paid Time Off
In addition to observing ten flexible holidays every year, ASG provides all full-time employees with paid time off.
- Vacation and sick leave are combined in a single leave account; full-time employees earn 160 hours of leave annually (approximately 6.67 hours per pay period)
- Additional paid leave is available for bereavement and jury duty
Disclaimer: ASG’s policies and benefit plans are summarized here for convenience. These summaries are our best effort at succinctly presenting the coverages provided by our respective plans. Authoritative details are contained in the official plan documents. In the event of a contradiction between our summaries and the plan documents, the plan documents apply.
If you have any questions about ASG’s benefits, please contact Human Resources at HR@analyticsolutionsgroup.net
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