All of our plans are compliant with the Affordable Care Act (ACA). Visit our Health Insurance Benefit Summary for details and pricing.
We offer two (2) traditional types of healthcare insurance through Aetna, one of the largest and most recognized healthcare companies in the United States. We offer the traditional PPO plan and the High Deductible Plan (HDP) that offers the Health Savings Account (HSA) option.
This is a voluntary plan through Aetna where employees can choose to see any dentist. One hundred percent (100%) of the usual and customary cost is covered for preventative procedures, 80% for restorative procedures, and 50% for major procedures.
This voluntary plan through Aetna includes savings on vision exams, frames, lenses, and contact lenses. A laser vision correction benefit is also included.
Employees may buy life insurance through Aetna in multiples of $10,000 up to $500,000 not to exceed five times their annual salary. Additional life insurance may be purchased for your spouse and children. The employee automatically receives Accidental Death and Dismemberment Insurance (AD&D). Under the AD&D insurance, if a covered employee loses their life caused by an accident, the life insurance amount will be doubled. The plan also provides benefits for losses, such as the loss of a limb or an eye, caused by an accident. These policies are portable, meaning that you can choose to keep the coverage even when you leave Top Echelon Contracting’s employment.
Allstate Short Term Disability Insurance
We offer employees short term disability insurance through Allstate. This policy helps to replace lost income due to an accident or illness that keeps you from coming to work: injuries, surgeries, maternity leave, etc. You may purchase this benefit regardless of the status of your medical coverage.
Allstate Accident and Critical Illness/Cancer Coverage
We offer employees accident and critical illness/cancer coverage through Allstate. These policies help with the out-of-pocket expenses the employee may incur due to an accident or critical illness: deductibles, co-pays, travel expenses, and other items not covered under a medical plan. These products pay over and above any medical coverage you may have. You may purchase these benefits regardless of the status of your medical coverage.
401(k) Savings Plan
All eligible employees, 21 years and older, have the option to join our 401(k) Savings Plan at the end of six months of employment. You have the option to elect either a traditional 401(k) that is pre-taxed or a Roth 401(k) that is post-tax. Employees can contribute up to 90% of your weekly gross pay up to the IRS maximum. You may roll over previous employer’s 401(k) money into Top Echelon Contracting’s 401(k) immediately. Please refer to Empower for additional plan details.
A health savings account (HSA) is a great resource that enables employees to save money by putting tax free dollars away for current and future medical expenses. Our HSA is administered by Health Equity who provides 24/7 customer support and an online portal. Employees who elect will receive a debit card in the mail, and can immediately begin using it. (Note: Employees are eligible to contribute to a HSA only if they participate in a High Deductible Healthcare Plan).
Disclaimer: Benefits are subject to change based on Top Echelon Contracting’s vendors, suppliers, and company requirements.