Page 2 - Acadia 2021 Benefits Highlights
P. 2
Health Care Flexible Spending Employee Assistance Program
Account (FSA) (EAP)
Allows employee to set aside a portion of To help employee and their family deal
salary, before taxes, to pay for qualified with problems before they become
medical care expenses unmanageable
Annual contribution: min $100/max $2,750 Offers counseling, legal services, financial
Use it or lose it by end of year services, work life services
Confidential and free of charge to eligible
Dependent Care Flexible employees and dependents
Spending Account (DCA) Short Term Disability
Allows employee to set aside a portion of
salary, before taxes, to pay for dependent Provides income protection in the event an
care for children up to age 13, a disabled employee cannot work due to a covered illness
dependent of any age, or a disabled spouse or injury.
To be eligible, both employee and spouse
must work, be looking for work, or be full- Long Term Disability
time students
Annual contribution: min $100/ max $5,000 Provides income protection in the event an
per household employee is totally or partially disabled and not
able to work for an extended period of time.
Basic Life and Accidental Death
and Dismemberment (AD&D) Retirement 401(k) Plan
Provided at no cost to employee by Acadia Eligible for the plan after 30 days of service
Employee life insurance benefit is 1.5 times by contacting Empower at 866.467.7756 or
annual salary rounded to the next higher online at empowermyretirement.com
$1,000 to a max of $50,000 Employer match is 25% on the first 4% of
AD&D pays a lump sum if employee loses a employee deferrals
limb or dies in an accident Eligible for match if employed on Dec. 31st
of plan year and worked at least 1,000 hours
Supplemental Life Insurance in the year
Newly benefit eligible employees have a Annual IRS contribution maximum is $19,500
guarantee issue amount of $400,000 in 2021
Opportunity to purchase Supplemental Life Pre-tax, after-tax Roth, or a combination
Insurance for yourself, spouse, and children of both
through payroll deductions If 50 years or older by end of plan year and
Employees must enroll in order to elect have contributed the max contributions
coverage for their spouse or children allowed; employee may be eligible to make
Automatically enrolled in the Supplemental catch up contributions on a pre-tax or post-
tax basis of up to $6,500 in addition to the
AD&D Insurance for the same benefit $19,500
amount when electing Supplemental Life
Will pay in addition to Supplemental Life if You can increase, decrease, or stop your
contribution to the plan at any time
the cause of death is an accident or benefits
will be paid for dismemberment 4-year graded vesting scheduled for
employer matching contributions
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Account (FSA) (EAP)
Allows employee to set aside a portion of To help employee and their family deal
salary, before taxes, to pay for qualified with problems before they become
medical care expenses unmanageable
Annual contribution: min $100/max $2,750 Offers counseling, legal services, financial
Use it or lose it by end of year services, work life services
Confidential and free of charge to eligible
Dependent Care Flexible employees and dependents
Spending Account (DCA) Short Term Disability
Allows employee to set aside a portion of
salary, before taxes, to pay for dependent Provides income protection in the event an
care for children up to age 13, a disabled employee cannot work due to a covered illness
dependent of any age, or a disabled spouse or injury.
To be eligible, both employee and spouse
must work, be looking for work, or be full- Long Term Disability
time students
Annual contribution: min $100/ max $5,000 Provides income protection in the event an
per household employee is totally or partially disabled and not
able to work for an extended period of time.
Basic Life and Accidental Death
and Dismemberment (AD&D) Retirement 401(k) Plan
Provided at no cost to employee by Acadia Eligible for the plan after 30 days of service
Employee life insurance benefit is 1.5 times by contacting Empower at 866.467.7756 or
annual salary rounded to the next higher online at empowermyretirement.com
$1,000 to a max of $50,000 Employer match is 25% on the first 4% of
AD&D pays a lump sum if employee loses a employee deferrals
limb or dies in an accident Eligible for match if employed on Dec. 31st
of plan year and worked at least 1,000 hours
Supplemental Life Insurance in the year
Newly benefit eligible employees have a Annual IRS contribution maximum is $19,500
guarantee issue amount of $400,000 in 2021
Opportunity to purchase Supplemental Life Pre-tax, after-tax Roth, or a combination
Insurance for yourself, spouse, and children of both
through payroll deductions If 50 years or older by end of plan year and
Employees must enroll in order to elect have contributed the max contributions
coverage for their spouse or children allowed; employee may be eligible to make
Automatically enrolled in the Supplemental catch up contributions on a pre-tax or post-
tax basis of up to $6,500 in addition to the
AD&D Insurance for the same benefit $19,500
amount when electing Supplemental Life
Will pay in addition to Supplemental Life if You can increase, decrease, or stop your
contribution to the plan at any time
the cause of death is an accident or benefits
will be paid for dismemberment 4-year graded vesting scheduled for
employer matching contributions
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