Page 13 - Rampart EE Guide 01-19 (flipbook)

BENEFITS

RETIREMENT SAVINGS

Wells Fargo | 401(k)
You are encouraged to participate in Rampart Supply’s 401(k) plan. This plan allows you to fund for your retirement with pre‐tax
dollars. You can defer a percentage of your annual salary to IRS benefit maximum. If you are 50 years old or older during the plan year,
you may contribute a catch-up deferral.
401(k) IRS Maximums 2018 2019

Elective Deferral $18,500 $19,000
Catch-Up for Employees Age 50+ $6,000 $6,000

You will be automatically enrolled in the company’s 401(k) plan after 6 months of service, if you are at least 21 years old. For every
dollar you put in the plan, the company will contribute 100%, up to 3%, and will contribute 50%, up to the next 2% of your salary. If
you contribute 5% of your salary, you will receive an effective match of 4%. The company, at its discretion, may or may not provide
profit sharing money to your account. You must be employed on the last day of the plan year to receive profit sharing
contributions.

PAID TIME OFF

Holidays
New Years Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Christmas Day. If holiday falls on Sunday, the
holiday will be observed the following Monday. If the holiday falls on a Saturday, no other day is observed

Vacation
• Vacation is available to full-time employees
• 10 days each year after completing 1 year of service
• After completing 5th year, a day is added each year until you reach 15 days

Sick/Personal Days
• Sick/personal days are available to full-time employees
• You are eligible for 5 paid sick/personal days each year
• There is a 6 month waiting period; prorated in year of hire

Bereavement
• Bereavement is available to full-time employees
• You are eligible for bereavement leave after completing 1 year of service
• Time off includes 3 days for the death of an immediate family member, and 2 days to attend funeral for aunts, uncles, nieces,
and nephews

EMPLOYEE PERKS

Company Discounts
• Available to full-time employees
• You may purchase merchandise at a reduced price

Fitness Discounts
• Available to full-time employees
• Discounts are offered up to $360 per year reimbursement available for gym membership fees

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