Protecting your wealth and planning for your future is critical to peace of mind. Premier provides multiple solutions to support your finances. From life and disability insurance to a 401(k) plan and tax-free spending accounts to pay for out-of-pocket medical and commuter transportation costs, we've got you covered.
Life Insurance (Basic and Voluntary)
Basic Life Insurance (Employer Paid)
Premier Employer Paid Life plan, offered through Anthem, provides you with security and peace of mind by knowing that you will be protected in case of disability and your family will be provided a financial cushion in the event of your death. Premier pays 100% of the premium.
Voluntary Life Insurance (Employee Paid)
You have the option to supplement your basic life insurance with Voluntary Term Life Insurance.
Coverage is available in increments of $10,000 up to $500,000 max. You can add coverage for your spouse in increments of $5,000 up to a maximum of $250,000.
Disability Insurance (Short and Long Term)
Short Term Disability
You can feel confident knowing that if you experience an illness or injury that prevents you from working, you may receive benefits to help you replace lost income.
The maximum benefit period is 12 weeks, during which time you can receive 60% of your weekly earnings to a maximum weekly benefit of $2,500.
Long Term Disability
If you face a serious disability that prevents you from working over a long period of time, Long Term Disability provides income to cover your finances.
The maximum benefit period is to normal Social Social Security age, during which time you can receive 60% of your weekly earnings to a maximum monthly benefit of $10,800.
Premier offers a 401k Retirement Plan through ForUsAll Advisors and partners with LT Trust as our record keepers. New hires are eligible to contribute pre and post-tax payroll earnings on the first day of the month following 1 year of employment. After one year of employment, Premier will match 10% of the employees' contributions up to the federal employee contribution limits for the year.
Email Help@ForUsAll.com to arrange a time to discuss your retirement plan options with an advisor.
For help enrolling in the 401(k) plan, please download the LT Trust instruction guide, which walks participants through the online enrollment process. For additional enrollment assistance, please contact the LT Trust participant call center at 1-800-831-8675, between the hours of 7:30 am to 5:00 pm MST.
Flexible Spending Account (FSA)
Premier provides eligible employees the opportunity to enroll in a Medical Flexible Spending Account (FSA) plan, as well as a dependent care plan through Benefit Resource (BRI). Both of these plans offer employees tremendous opportunities to make pre-tax payroll withholdings to pay for qualified medical expenses and qualified dependent care expenses.
Premier also provides a Limited Purpose FSA is a Flexible Spending Account (FSA) that is compatible with a Health Savings Account (HSA). If you’re enrolled in a qualified high-deductible health plan and have an HSA, you can maximize your savings by pairing your HSA with a Limited Purpose Flexible Spending Account (FSA). This pre-tax benefit account lets you take advantage of the savings power of an HSA and a Healthcare FSA simultaneously. A Limited Purpose FSA is referred to as this because it is used to pay for eligible dental and vision care expenses only
2022 CONTRIBUTION LIMIT: MEDICAL FSA
Maximum Annual Limit: $2,850 (up from $2,750 in 2021)
Maximum Rollover Limit: $570
Please click here for more information on these programs.
Health Reimbursement Account (HRA)
Premier will enroll all employees who have elected the UHC Select Plus 5000 + HRA medical plan into the HRA through BRI. Premier will make an annual contribution toward the HRA in amounts of $2,500 for an individual or $5,000 for employees with dependents. HRA funds are to be used on Co-pays, Rx copays, and medical expenses only. (Not to include dental/vision)
Eligible expenses under the Plan are defined by Internal Revenue Code Section 213(d). However, the plan does exclude the following:
Medical insurance premium.
If expenses are eligible under both an HRA and Medical Flexible Spending Account (FSA) sponsored by your employer, your HRA funds will be used first until they are exhausted.
Please review the Plan Highlights for additional information.
Health Savings Account (HSA)
Employees enrolling in the PPO HDHP plan can enroll in a Health Savings Account (HSA). HSAs allow you to save pre-tax dollars to pay for eligible medical, dental and vision expenses.
You can contribute pre-tax funds to your HSA up to the IRS annual limit! The IRS maximum HSA contribution for 2022 is $3,650 for individual, $7,300 for family. The catch-up contribution limit for those over age 55 is $1,000.
See IRS Publication 502, “Medical & Dental Expenses,” for a complete list of expenses covered by your HSA.
Commuter Benefits (Transit and Parking)
Premier is proud to offer a commuter benefits program to encourage employees to use public transit or vanpools. These benefits allow you to use pre-tax dollars to pay for public transportation to commute to work or to pay for parking at work. Benefits Resource, Inc. is the vendor.
2022 CONTRIBUTION LIMIT: MASS TRANSIT AND PARKING
Maximum Election: $280 / month (up from $270 / month in 2021)
How To Access Your BRI Account
The BRI website provides access 24/7 for account activity, forms, plan documentation, and much more. You can access the website at www.BenefitResource.com and log in as follows:
Company code: pstaffing
Login ID: Default login ID (typically the Social Security Number [SSN] or Employee ID) is selected and provided by your employer. You may change this upon initial login.
Password: Default password is set to your 5-digit home zip code. You will be prompted to change this password upon initial login.
If you have any questions regarding the FSA, HRA, HSA, or Commuter Benefits plans, please feel free to contact BRI's Participant Services Department at 800-473-9595, Monday through Friday, 8 am to 8 pm ET, or email ParticipantServices@BenefitResource.com.
Wellness Stipend/Student Loan Repayment Program
Being able to bring one’s natural self to work every day requires our employees to prioritize their physical and mental wellness. Premier is very committed to supporting physical, mental, and financial wellness in our employees and offers a quarterly reimbursement for wellness-related expenses. All permanent, full-time employees of Premier are eligible for this benefit.
Alternative benefit choice: Student Loan Repayment Program
Student Loan Repayment Program (administered by Paidly): All employees have the opportunity to enroll in our new Student Loan Repayment Program. Anyone who chooses to enroll will receive $50 a month towards paying down their student loans. Premier Talent Partners will send the contribution to Paidly each month, who will then send it directly to your servicer. You should make your regular monthly payment to stay eligible for that month's contribution. Thanks to these contributions, you will save money on interest and cut time off your loan!
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Disclaimer: This presentation is to provide a summary of Premier's employee benefits program. Should any discrepancy arise, please refer to actual plan documents that supersede this presentation. Once enrolled, you will receive a Combined Evidence of Coverage and Disclosure Form that explains the exclusions and limitations, as well as the full range of covered services of your plan, in detail.