Page 17 - Wellbiz Brands Benefit Guide 2020
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FINANCIAL WELLNESS
Sun Trust | 401(k)
All employees are encouraged to participate in WellBiz’s 401(k) plan. This plan allows you to fund for your retirement with pre‐tax
dollars. You may defer up to 100% of your pay, subject to a $19,500 annual IRS deferral limit in 2020. Eligible participants who are
age 50 or older during the calendar year may make a special “catch-up” contribution to the IRS limit of $6,500 in 2020.
To participate in the 401(k) Plan, you must have attained age 18, and completed one month of service. Once you have met these
requirements, you are then eligible to participate in the plan on the first day of the month following completion of these
requirements. You are 100% vested immediately in all contributions. WellBiz matches 100% on the first 3% of your contribution
with a 50% match on the next 2% you contribute. If you decline coverage initially, you may enroll at a later date.
Accessing the 401(k) plan
Go to www.suntrust.com/retirementsolutions or call (888) 816-4015.
BENEFITS
BenefitHub | Discount Marketplace
WellBiz Brands is pleased to offer you a way to save on a wide range of discounts and perks through our BenefitHub Discount
Marketplace. BenefitHub is free, easy-to-use, and offers a full-range of benefits and rewards. Log in to view existing offerings, and
watch for additional discounts throughout the year.
Benefits and tools available include:
Discounts Cash Back Insurance Financial Wellness
Receive exclusive discounts on Earn cash back on everything Visit BenefitHub to browse Tools are available to help you
a wide array of top brands in you buy from thousands of additional insurance coverage plan for your future, such as
categories such as travel, auto, brands. Simply make your options such as Life Insurance, student loan refinancing,
electronics, apparel, purchases through Disability Insurance, Critical personal finance tools, 401(k)
entertainment (movies/ BenefitHub, and redeem your Illness, Pet Insurance, ID Theft assistance, budgeting tools,
events), restaurants, health/ cash back. It’s easy and a great Protection, Legal Plans, Auto and money transfers.
wellness, beauty/spa, and way to save money. Insurance, Boat Insurance, Home
much more! Security, Home or Renters
Insurance, and much more. If
elected, you will own these
policies and pay directly to the
carriers.
To Get Started
Go to www.wellbizbrands.benefithub.com and Educational Video
register with your company email address. Refer
Click here to watch a short video that
to code “Y2L9UE” when prompted. explains how BenefitHub works!
https://fast.wistia.net/embed/
Use the mobile app to access BenefitHub on the iframe/bvrextknb2
go. The mobile app is available for free through
the Apple App or Google Play Store.
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