Page 3 - Marcus & Millichap Flipbook
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Enrollment Information
Who May Enroll
If you are a regular full‐time employee consistently working 30 plus hours per week, you and your eligible dependents may
participate in Marcus & Millichap’s benefits program. Your eligible dependents include:
Legally married spouse
Registered domestic partner
Children under age 26 regardless of student or marital status
Eligibility varies for Sales Office Assistants (SOA’s), Sales Intern Program (SIP), and Licensed Assistants (LA’s). Each benefit has
been noted accordingly.
When You Can Enroll
As an eligible employee, you may enroll at the following times:
As a new hire, you may participate in the company’s benefits program on the first day of the month following the completion
of 30 days of full‐time employment
Each year, during open enrollment
Within 30 days of a qualifying event as defined by the IRS (see Changes To Enrollment below)
Paying For Your Coverage
The Basic Life/Accidental Death & Dismemberment (AD&D), EAP, and the Core Long Term Disability benefits are provided at no
cost to you and are paid entirely by Marcus & Millichap. You and the company share in the cost of the Medical and Dental benefits
you elect. Any medical, dental, vision, accident and critical illness benefits you elect will be paid by you at discounted group rates
and deducted before taxes are withheld which saves you tax dollars. Paying for benefits before‐tax means that your share of the
costs are deducted before taxes are calculated, resulting in more take‐home pay for you. Any Voluntary Life/AD&D, Buy-Up Long
Term Disability and Voluntary Short Term Disability benefits you elect is paid for post-tax or after taxes are withheld. You cannot
drop or change coverage unless you experience a qualifying event.
Changes To Enrollment
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Our benefit plans are effective April 1 through March 31 of each year. There is an annual open enrollment period, during which
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you can make new benefit elections for the following April 1 effective date. Once you make your benefit elections, you cannot
change them during the year unless you experience a qualifying event as defined by the IRS. Examples include, but are not limited
to the following:
Marriage, divorce, legal separation or annulment Change in your residence or workplace (if your benefit
Birth or adoption of a child options change)
A qualified medical child support order Loss of coverage through Medicaid or Children’s Health
Death of a spouse or child Insurance Program (CHIP)
A change in your dependent’s eligibility status Becoming eligible for a state’s premium assistance
Loss of coverage from another health plan program under Medicaid, CHIP or Medicare
Coverage for a new dependent is not automatic. If you experience a qualifying event, you have 30 days to update your coverage.
Please contact our Benefits Team immediately to complete the appropriate election forms as needed. If you do not update your
coverage within 30 days from the qualifying event, you must wait until the next annual open enrollment period to update your
coverage.
ADP Self-Service Log-in
You can access your benefits information whenever you want by visiting the ADP Employee Self-Service
website. You’ll find documents posted such as the Summary of Benefits and Coverage (SBC), annual notices, carrier
benefit summaries, evidence of coverage booklets and more.
1. Current users should use the same log-in used for Time & Attendance.
2. New users - click on the link below or copy/paste into your browser:
Go to: www.workforcenow.adp.com and register as a First Time User by clicking on “Create Account”
During the registration process, when you are asked for your registration passcode, type in: mmcoseinc-1234
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