Page 31 - 2020 Benefit

A Guide to Your Health and Wellness Benefits | 2020

Sungevity offers a comprehensive suite of benefits to promote health and financial security for you and
your family. This booklet provides you with a summary of your benefits. Please review it carefully so
you can choose the coverage that’s right for you.

Benefit Basics
Olde Thompson offers a comprehensive suite of benefits to promote health and financial security for
you and your family. This booklet provides you with a summary of your benefits. Please review it
As a Sungevity employee, you are
Qualified Life Events
carefully so you can choose the coverage that’s right for you. You must notify Human Resources
eligible for benefits if you work at least
30 hours per week. Benefits are Generally, you may only change or stop within 30 days of the qualified life event.
your benefit elections during the annual
Depending on the type of event, you
effective on the first day of the month
enrollment period. However, you may may be asked to provide proof of the
following 60 days of employment for event. If you do not contact Human
hourly (non-exempt) employees and on change your benefit elections during the Resources within 30 days of the
the first day of the month following year if you experience a qualified life qualified event, you will have to wait
date of hire for salaried (exempt) event, including:
until the next annual enrollment period
employees.  Marriage to make changes (unless you
 Divorce or legal separation experience another qualified life event).
You may enroll your eligible
 Birth of your child
dependents for coverage once you are For more information about your
eligible. Your eligible dependents  Death of your spouse or dependent benefit program, please contact Michael
include: child
Trust, Director of Human Resources, at
 Adoption of or placement for
 Your legal spouse or domestic 951-926-1176 X 493,
partner adoption of your child Michael.Trust@sungevity.com or
 Change in employment status of
 Your dependent children up to employee, spouse or dependent child HR@sungevity.com
age 26 .
 Qualification by the Plan

Administrator of a child support
Once your benefit elections become
effective, they remain in effect until the order for medical coverage
end of the plan year. You may only  Entitlement to Medicare or Medicaid
change coverage within 30 days of a
qualified life event.

Cost of Your Benefits

Benefit
Who Pays
Tax Treatment
Benefit Tax Treatment Who Pays
Medical Coverage Pretax Shared
Medical Coverage Pretax The Company & You
Dental Coverage Pretax Employee
Dental Coverage Pretax The Company & You
Vision Coverage Pretax Employee
Vision Coverage Pretax The Company & You
N/A
Sungevity
Basic Life and Accidental Death & Dismemberment (AD&D) Insurance
Voluntary Life and Accidental Death & Dismemberment (AD&D) Insurance
Employee
N/A
Basic Life and Accidental Death & Dismemberment (AD&D) Insurance Post tax The Company
Voluntary Accident, Critical Illness and Hospital Indemnity Post tax Employee
Disability Coverage N/A The Company
Voluntary Long Term Disability Post tax Employee

The Company pays the full cost of many of your benefits; you share the cost for others.
2 | 2020 Benefit Guide