Page 3 - 2022 SoFi Benefits Guide
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What is New Hire Enrollment
Welcome to SoFi! This is your initial New Hire Enrollment Period. As a new hire you can review the options available
to you and compare them to determine which plans will be best for you and your family. It is important to carefully
review your options as the plan elections you make will remain in effect until the end of the plan year on
September 30, 2022, unless you experience an IRS qualifying life event.
This Benefit Guide explains the highlights of each benefit, however, you are encouraged to review the carrier
materials for more details. You will need to log into Workday to complete your New Hire Enrollment within 15 days
of your date of hire.
Special Note: If electing the High Deductible Health Plan (HDHP) with Health Savings Account (HSA) medical
plan, the elections you make for your Health Savings Account will continue through the end of the year,
December 31, 2022.
WHAT YOU NEED TO DO
As soon as you’ve reviewed your benefit materials, you need to choose which plans will cover you and your
eligible dependents for the plan year of October 1, 2021 through September 30, 2022.
Remember, once you make your elections during this initial enrollment period, you will not be able to make
changes until the next Open Enrollment unless you have a qualifying life event such as marriage, birth of a child,
or loss of other group coverage. Please see page 8 for more information on mid-year changes.
To enroll in coverage, go to your Workday Inbox and select your New Hire Enrollment event to get started.
NEW HIRE ENROLLMENT BEGINS NEW HIRE ENROLLMENT CLOSES
Your date of hire 15 days from your date of hire
Where to Find Help
We hope that this Benefits Guide will be a resource to use throughout the year for the services and benefits
provided and offered to you as a valued SoFi employee.
Benefits Mall in Workday Employee Benefits Helpline
Carrier contact information, including websites Our Benefits team can answer any number of
and phone numbers questions you may have, including:
Helpful plan information & supporting Benefit Plan Information
documentation Carrier Information
Enrollment and Life Event Instruction Guides Claim Assistance
Benefit Plan Summaries for health plans, disability Benefit Administration Assistance
and life insurance, employee assistance programs,
Phone: 866-486-0346
flexible spending accounts, and more
Visit the Workday Benefits Mall Email: Benefits@SoFi.org
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