At XPAND, we provide employees with a truly comprehensive welfare plan that provides flexibility for employees and their dependents. Our plan is a cafeteria style plan that allows you to carve out the benefits that you need. The plan promotes health and wellness while providing financial security for today as well as tomorrow.
Medical Coverage: Employees can select from two Preferred Provider Organization (PPO) options offered through Anthem. All plans offer after a co-payment 100% coverage for most services provided by in network providers. The PPO plans allow for the flexibility to use outside providers at 70% co-insurance less the annual deductible.
Prescription Drug Plans: Employees can select from two Preferred Retail and mail order coverage included in the medical plans listed above.
Dental Coverage: Available as a separate option through a national provider. The plan provides 100% coverage for preventive services, 90% with a $50 deductible for basic services and 60% with a $50 deductible for major services for in network providers. The plan also allows coverage for out-of-network providers at 100% coverage for preventive services, 90% with a $50 deductible for basic services and 60% with a $50 deductible for major services based on usual and customary rates. Annual maximum benefit for the plan year is $1,500 for either in network or out of network services.
Vision Coverage: Available as a separate option through a national provider. Plan includes eye exams, lenses, frames and contacts with co-pays.
Basic Life and AD&D Insurance: Core coverage provided by XPAND is equal to one times the base annual salary up to a maximum of $180,000 for eligible employees.
Short-term Disability Insurance (STD): Short-term disability coverage provides you with an ability to earn a living and provide for yourself and for those who are dependent on you if you become sick or disabled (non work related injury). STD would take effect after the employee has been disabled for 14 calendar days. After the 14 day period, this employer paid benefit pays 60% of base salary (to a maximum of $1,000 per week) for 11 weeks. If further coverage is needed after the STD benefit period has been exhausted, Long-Term disability would then become effective.
Long-Term Disability Insurance (LTD): Long-Term Disability (LTD) Insurance provides income protection if you are "totally disabled" and cannot work. This employer paid benefit follows 11 weeks on STD and pays 60% of base salary (to a maximum of $6,000 per month).
401(K) Retirement Plan:XPAND offers a retirement plan that is managed by
John Hancock Financial Retirement Services Company.
This plan offers both a tax-deferred 401(k) retirement option as well as a Roth 401(k) option.
Both options allow you to invest in a variety of funds. Eligible employees can begin to contribute upon 90 days of employment.
XPAND matches your contributions to the plan at a rate of 50% of your contribution of 3% not to exceed 1.5%. Matching contributions vest over a three year period.
Employee Assistance Program: Confidential assessment, counseling and referral to outside agencies for employees and their dependents provided by the MHN's Employee Assistance Program. Support services are available 24 hours a day, 7 days a week and include a wide range of everyday issues including financial, legal, educational, parenting and child care, care giving, work, lifestyle and fitness management.
Universal Leave: At XPAND, we believe that all employees need to recharge every once in a while. That is why we offer 15 days of Universal Leave, which is the combination of vacation, personal time and sick leave to be used at your discretion. Employees can accrue up to 120 hours of leave per calendar year. Unused leave, up to a maximum of 120 hours, can be carried over from one year to the next.
Holidays: XPAND has nine scheduled holidays per calendar year. These holidays include New Year's Day, President's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving, and Christmas.
Tuition Reimbursement:XPAND provides a stable framework for success. This includes encouraging employees to further their education in subjects related to work or to broaden their knowledge and skills. For accredited and approved course work taken in a calendar year, XPAND will pay tuition and fees up to $3,500 for graduate programs and $2,500 for undergraduate programs.Additional Benefits: