Diversified Solutions | Benefits

Benefits

benefits

Health Insurance

Feature	DSI Benefits
Plan Options	PPO Medical Plan (BCBS) Option 5 or Option 9 No Coverage
Coverage Categories	Employee Only Employee & Spouse Employee & Children: Covers employee and his/her eligible dependents Employee & Family: Covers employee, spouse, and eligible dependents
Eligibility	1st of month following Start Date
Eligible dependents Spouse Children	Yes Eligible dependent children (excluding foster children) are covered through 18 years of age, or through 23 years of age if full-time students attending an accredited educational institution. Physically or mentally handicapped children may be eligible for continuous coverage after 18 if application is made within 31days of the child’s 19 birthday. Students who becomedisabled after 19 will be eligible for continuous coverage if the student is incapable of attending school due to a mental or physical handicap.
Coverage Benefit	DSI will cover 80% of employee premium OR DSI will cover 50% of employee & spouse, employee & children, or employee & family premium

Dental/Vision Insurance

Feature	DSI Benefits
Plan Options	Ameritas Insurance Company
Coverage Categories	Employee Only Employee – Spouse Employee and child(ren): Covers employee and his/her eligible dependents Family Coverage: Covers employee, spouse, and eligible dependents
Eligibility	1st of month following Start Date
Coverage Benefit	DSI will cover 100% of employee premium

Life Insurance and AD&D

Feature	DSI Benefits
Plan Options	UnumProvident
Coverage Categories	Employee Only
Eligibility	1st of month following Start Date
Life Insurance	Salary Employee (One times annual salary) Hourly Employees (Hourly rate times 2080 hrs) Maximum insurance $100,000
Accidental Death and Dismemberment Insurance	Salary Employee (One times annual salary) Hourly Employees (Hourly rate times 2080 hrs) Maximum insurance $100,000
Other Features	Survivor Support Portability Conversion
Coverage Benefit	DSI will cover 100% of employee premium

401k RETIREMENT

Feature	DSI Benefits
Plan Options	Mutual of Omaha Retirement Services
Eligibility	You must have completed 6 months of service and be at least 21 years of age.
Enrollments	Quarterly on January 1, April 1, July 1, and October 1 after eligibility requirements are met.
Employee Contributions	Up to $16,500 (2009); with a catch-up limit of $5,500 (2009).
Employer Contributions	Dollar-for-dollar up to 3% of annual compensation; plus 50% on the next 2% of your compensation.
Vesting	Safe Harbor contributions and earnings 100% immediate. Employer’s profit sharing contributions and earning will follow vesting schedule.
Loans	Not permitted by law.
Distributions	May only occur in the event of: retirement, death, disability, termination of employment, hardships

Other Benefits

Feature	DSI Benefits
Holidays	For Qualified Employees See Employee Handbook for details
Vacation	For Qualified Employees See Employee Handbook for details
Personal Time Off	For Qualified Employees See Employee Handbook for details