Page 13 - Rampart EE Guide 01-20.pub
P. 13

BENEFITS





         RETIREMENT SAVINGS


         Wells Fargo | 401(k)
         You are encouraged to par cipate in Rampart Supply’s 401(k) plan. This plan allows you to fund for your re rement 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                                 2019                                2020


         Elec ve Deferral                                   $19,000                            $19,500
         Catch‐Up for Employees Age 50+                     $6,000                              $6,500

         You will be automa cally enrolled in the company’s 401(k) plan a er 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 effec ve match of 4%. The company, at its discre on, 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
         contribu ons.

         PAID TIME OFF


         Holidays—6 paid days a year
         New Years Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Christmas Day.

         Vacation
           Vaca on is available to full‐ me employees
           10 days each year a er comple ng 1 year of service
           A er comple ng 5th year, a day is added each year un l you reach 15 days

         Sick/Personal Days
           Sick/personal days are available to full‐ me employees
           You are eligible for 5 paid sick/personal days each year
           There is a 6 month wai ng period; prorated in year of hire

         Bereavement
           Bereavement is available to full‐ me employees
           You are eligible for bereavement leave a er comple ng 1 year of service
           Time off includes 3 days for the death of an immediate family member, and 2 days to a end funeral for aunts, uncles, nieces,
            and nephews

         EMPLOYEE PERKS


         Company Discounts
           Available to full‐ me employees
           You may purchase merchandise at a reduced price

         Fitness Discounts
           Available to full‐ me employees
           Discounts are offered up to $360 per year reimbursement available for gym membership fees


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