Page 3 - Fitness Together Benefit Guide 2020

ENROLLMENT INFORMATION

Eligible Dependents
Who May Enroll and When
Fitness Together Corporate Ventures employs full-time and If you are Full-Time your eligible dependents include:
part-time staff to meet the needs of our guests and variable
business volumes. Employees are classified based on hours
scheduled to work and will be eligible for benefits accordingly.

Below are the different employee classifications and their Spouse or Registered Children under age 26
definitions. Domestic Partner regardless of student or
• Full-Time: Employees scheduled to work 30 hours per week (same or opposite sex) marital status
are eligible for benefits during open enrollment or for new
hires, on the first of the month following 30 days of Changes to Enrollment
employment. Eligible employees may change their elections at the following
• Part-Time: Employees scheduled to work less than 30 hours times:
per week are not eligible for benefits unless they have an • During annual open enrollment
employment status change to Full Time. If you are Part- • Within 31 days of a qualified change in family status as
Time and your employee classification moves to Full-Time defined by the IRS (see Changes to Enrollment)
during the year, you will become eligible for benefits the first st
of the month following 30 days from your change in class Our benefit plans are effective January 1 through December
st
status. 31 of each year. There is an annual open enrollment period
each year, during which you can make new benefit elections
Important to Know st
for the following January 1 effective date. Once you make
• Questions regarding eligibility criteria and classifications
should be discussed with your Studio Manager or Director of your benefit elections, you cannot change them during the
Operations. year unless you experience a qualified change in family status
as defined by the IRS.
• If your status changes and you no longer work a minimum of
30 hours per week, please speak with your Studio Manager Examples include, but are not limited to the following:
or Director of Operations immediately to discuss the impact • Marriage, divorce, legal separation or annulment
to your benefits. • Birth, adoption or death
• Hours are not guaranteed regardless of benefit or eligibility • Qualified Medical Child Support Order (QMCSO)
status as we are an at-will employer dependent on business • A change in employment, eligibility, or cost of benefits
volumes. coverage for you, your spouse or dependent (Spouses
• If you experience a break in service, layoff, suspension, leave Open Enrollment period would qualify if changes are
of absence or if you become inactive and return to work in a made)
full-time position before the end of the plan year, you will be • Loss of coverage from another health plan by you or your
eligible for benefits the first of the month following your spouse.
reinstatement. • Change in your residence or workplace (if your benefit
• If you return after 12 months you will be rehired as a new options change)
employee with no restoration of service, benefits eligibility • Medicare or Medicaid entitlement for you, your spouse or
or seniority. dependent

Note: Please note that coverage for a new spouse or newborn child is not automatic. If you experience a change in family status, you
have 31 days to update your coverage. Please contact Human Resources immediately to complete the appropriate election forms as need-
ed. If you do not update your coverage within 31 days from the family status change, you must wait until the next annual open enrollment
period to update your coverage.

Paying For Your Coverage

Fitness Together Corporate Ventures You Share The Cost with Fitness You Pay 100%
Pays Together Corporate Ventures

Short Term Disability Medical Dental
Vision
Your Medical, Dental and Vision contributions are deducted before taxes are withheld. Paying for benefits before‐tax means that your
share of the costs is deducted before taxes are determined, resulting in more take‐home pay for you. In exchange for this favorable tax
treatment, the IRS requires that your elections remain in effect for the entire year. You cannot drop or change coverage unless you
experience a qualified status change.
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