Announcement: All US benefit eligible employees, Open Enrollment for 2018 benefits will be November 1-14! Stay tuned for more information.
The annual benefits open enrollment period is the one occasion each year when employees have the opportunity to make voluntary changes to their enrollment elections for medical, dental, vision, disability and life insurances as well as medical and/or dependent care Flexible Spending Accounts (FSA). All benefit election changes are effective January 1, 2016. Please read the letter below highlighting some important information regarding this year’s open enrollment.
All full-time benefit eligible employees must complete the Benefits Election Form to confirm coverage choices for 2016 even if you are declining coverage or not making any changes.
Martin Transportation Systems, Inc. offers one type of major medical through Blue Cross Blue Shield. It is a 80/20 plan with deductible. We also offer a high dental plan, low dental plan, vision insurance, short term disability, long term disability and group term/voluntary term life through Principal. Please read the booklet below for coverage costs and plan specifics.
If you would like to elect medical coverage you will need to complete the following form.
If you would like to add/drop dependents from your medical coverage you will need to complete the following form.
If you would like to elect dental, vision, short term disability, long term disability or voluntary term life please complete the following form. If you are applying for short term disability, long term disability or voluntary life coverage you will also need to complete a Statement of Health form.
If you would like to add/cancel dependents, change your dental plan or cancel any Principal line of coverage you will need to complete the following form.
Below are more detailed benefit charts for medical, prescription, dental, vision and life insurance.
- BCBS Benefits-at-a-Glance
- BCBS Benefits-at-a-Glance RX
- BCBS Amwell FAQ
- BCBS Summary of Benefits and Coverage
- Principal Dental Option 1 – Low Plan
- Principal Dental Option 2 – High Plan
- Principal Vision
- Principal Disability – Drivers & Mechanics
- Principal Disability – Office & Management
- Principal Voluntary Term Life Benefits Summary
- Principal Voluntary Term Life Rate Grid
After 1 year of employment employees may participate in Martin Transportation Systems, Inc. Flexible Spending Account (FSA). FSA is a pretax benefit allowable under Internal Revenue Code (IRC) Section 125. The plan allows eligible employees to set aside a specific pretax dollar amount for unreimbursed medical, dental, vision, orthodontia, and dependent care expenses. If you have predictable out-of-pocket expenses, you may want to consider opening an FSA. Now no more “use it or lose it” at the end of the year! You will be able to rollover up to $500.00 of unused dollars into 2017! The maximum amount for medical FSA is $2550.00 per year and $5000.00 per year for dependent care. Below is FSA employee enrollment information and an enrollment form. You may also visit www.benefits.paychex.com for more information or to sign up.
After 6 months of employment employees may participate in Martin Transportation Systems, Inc. 401(k) Plan through American Funds. Employees are 100% vested upon entry and you will receive a 25% match of your contribution up to 15% of your gross pay. Below is the retirement plan enrollment form and beneficiary designation form. You may also visit www.retirement.americanfunds.com for more information.
- American Funds Participant Enrollment Form
- American Funds Beneficiary Designation Form
- American Funds 2014 Summary Annual Report
- American Funds 2015 Fee Disclosure Document
Below is a booklet with mandatory notices Martin Transportation Systems, Inc. must make accessible to employees.
Manage your benefits with ease! Simply log in to www.bcbsm.com or www.principal.com and you can access all your health care plan information! All you need is your mobile device or computer to check your latest coverage details and so much more.
Open enrollment for the 2016 benefit programs will take place between now and December 11, 2015. Any changes you make will become effective January 1, 2016.
If you have any questions please email me at firstname.lastname@example.org or call Meghan Bultema at (616) 455-8850 ext. 10127
You can also contact Janice Tatrow at email@example.com or call Janice at (616) 455-8850 ext. 10167
Return all completed forms no later than December 11, 2015 via fax (616) 281-7553, give to your terminal manager or mail to:
Martin Transportation Systems, Inc.
Attn: Meghan Bultema – Benefits
7300 Clyde Park Ave. SW
Byron Center, MI 49315