Benefits HOME | Human Resources | Benefits Benefits Ave Maria University is pleased to offer our employees with a generous benefit program. It is very important to think about the needs of your family when making decisions about your benefits. We encourage you to read the following materials about benefits, your contribution, and the coverage it provides carefully, and share with your dependents. Please refer to the appropriate documents attached below for each plan of coverage for full details and limits of the coverage as well as participation requirements. If you have a particular question, please consult Human Resources at (239) 304-7074. Click here to view the 2022-2023 Benefit Guide. BenefitSUMMARIESRegular full-time non-instructional employees Regular full-time non-instructional employees working 30 hours or more per week, are eligible to elect a variety of Medical, Dental, Vision plan options based on individual or family needs. Life Insurance, Short-Term Disability Insurance and Long-Term Disability Insurance is provided at no expense to you. In addition, vacation leave is granted based on the tables below. Click here to view the 2021-2022 Benefit Guide. Personal Days – Each January 1, five (5) personal days are granted that can be used as personal or sick time. Newly hired employees will follow a prorated schedule during the year hired as follows. Month hired Days granted January – February 5 March – April 4 May – June 3 July – August 2 September 1 October – December 0 Vacation hours are accrued at a number of hours per pay period based on the number of service years obtained. The table below represents the accrual rates. Service Years Per Pay Accrual Rate / Annual Days Less than three years 3.69 hours per pay period equivalent to 12 days Three to five years 5.54 hours per pay period equivalent to 18 days Six or more years 6.16 hours per pay period equivalent to 20 days. Holiday pay is provided for a number of pre-determined Holidays determined on an annual basis. During the fall, employees will receive a calendar of the upcoming calendar year’s Holidays. Full-time Faculty Full-time Faculty are eligible to elect a variety of Medical, Dental, Vision plan options based on individual or family needs. Life Insurance, Short-Term Disability Insurance and Long-Term Disability Insurance is provided at no expense to you. Other Full-time Staff and Full-time Faculty Benefits Voluntary insurances based on individual or family needs. The costs are deducted on a pre-tax basis per pay period. Employer matching contribution up to 1.5% into a 403b or 401k account. Flexible Spending Accounts (FSA) Adoption Assistance Tuition Reimbursement for employee and/or eligible dependents Employee Assistance Program Click here to view the 2021-2022 Benefit Guide. Other Full-time Staff and Full-time Faculty Benefits Voluntary insurances based on individual or family needs. The costs are deducted on a pre-tax basis per pay period. Employer matching contribution up to 1.5% into a 403b or 401k account. Flexible Spending Accounts (FSA) Adoption Assistance Tuition Reimbursement for employee and/or eligible dependents Employee Assistance Program Regular part-time non-instructional employees Regular part-time non-instructional employees working more than twenty (20) hours per week receive the following benefits. Vacation hours Service Years Per Pay Accrual Rate / Annual Days Less than three years 1.84 hours per pay period equivalent to 6 days Three to five years 2.77 hours per pay period equivalent to 9 days Six or more years 3.08 hours per pay period equivalent to 10 days. Employer matching contribution up to 1.5% into a 403b or 401k account. Four (4) hours Holiday pay. Holidays are determined on an annual basis. During the fall, employees will receive a calendar of the upcoming calendar year’s Holidays. Retirement Savings – 401k and 403b options Ave Maria University is pleased to offer eligible employees plans through Nationwide and TIAA. 401(k) anf 403(b) plans are workplace retirement accounts that’s offered as an employee benefit. The accounts allows you to contribute a portion of your pre-tax paycheck to tax-deferred investments. This reduces the amount of income you must pay taxes on in that year. Or you may choose to participate in a Roth plan, which taxes your contribution immediately. However, when you take a distribution in your retirement years, your distribution, including any earnings, will be tax free. Beginning on the first day of employment, an employee may choose to begin Elective Deferral Contributions. Your contributions to either plan are fully vested at all times. Both plans also offer loans if you find yourself in a cash emergency. In the event you have questions regarding your eligibility, the enrollment process, etc., please contact Human Resources for more information. Please note that Human Resources representatives cannot advise employees on investment options as they are not licensed to do so. Questions regarding developing a portfolio, fund activities, and viability must be addressed to the appropriate retirement plan financial advisor listed below: Chris Burke, VP Retirement Plan Advisory Services LoVasco Consulting Group (313) 394-1717 or cburke@lovascogroup.com TIAA (800) 732-8353 or TIAA.org/schedulenow 403(b) at Nationwide 401(k) at Nationwide 403(b) at TIAA Recordkeeper Nationwide LoVasco TIAA Advisor LoVasco LoVasco N/A on platform Investments Various investment managers Various investment managers TIAA investments Employer Match 100% of the first 1.5% deferred 100% of the first 1.5% deferred 100% of the first 1.5% deferred To enroll in one of our retirement plans, please visit the forms page under retirement. You may not take a distribution from your account until you separate from service, attain age 59½, attain normal retirement age, are disabled, die, or in the case of hardship, you must meet the criteria of both and have an immediate financial need. The Plan does make provisions for employee loans; however, the employee must contact a Human Resources representative for assistance. Discounted Rates for Fun Times All employees of Ave Maria University are eligible for discounted rates at the Orlando area theme parks, various show tickets and access to discounted rates to participating hotels worldwide. Online access to links will become available once employed and are available on your home page of ADP. Here is information on these exclusive employee offers: Save up to 35% on your Orlando Vacation! Orlando Employee Discounts offers Exclusive Pricing on Hotels & Vacation Homes in or nearby Disney World and Universal Studios Orlando as well as Discounts on Tickets for All Orlando Area Theme Parks and Attractions! Ave Maria University has registered with Hotelogical to provide you with free access to members-only unpublished rates, plus other discounts and special offers, at more than 400,000 3, 4, and 5-star brand-name, boutique and independent hotels & resorts around the world. TicketsatWork provides access to savings on movie tickets, theme parks, hotels, tours, Broadway and Vegas shows. AdditionalBENEFITSMedical Medical Insurance – Three medical plan options to choose from. Click on each plan name below to view the Summary of Benefits and Coverage for that plan. 2021–2022 Buy-Up Plan 2021–2022 Core Plan 2021–2022 HDHP Individual Coverage Plan 2021–2022 HDHP Family Coverage Plan Medical Plans Side by Side Summary Medical Plan Premiums (effective 11/1/21) UMR Health Benefit Summary Plan Description Uniform Glossary of Health Coverage and Medical Terms Dental Dental Insurance – Two Plan design options. Metlife PDP Plus High Plan and the Metlife PDP Plus Low Plan. Employees may elect to opt out of Dental coverage and obtain waiver credit of $2.50 per pay. MetLife Dental Premiums MetLife Dental Plans Comparison MetLife Low PPO Plan Certificate MetLife High PPO Plan Certificate Vision Vision Insurance – Two Plan Designs: VSP Low Plan, and VSP High Plan VSP Provider Locater Instructions, and Premiums VSP Savings VSP Plan Comparisons Life/Dep Life/Supp Life Mutual Of Omaha Group Term Life, AD&D, and Voluntary Life Life/Dependent Life/Supplemental Life – Life insurance coverage equal to your annual salary at no cost to you. You may elect to be insured for an amount of life insurance from $10,000 to $500,000, in increments of $10,000. In no event shall your amount of life insurance exceed 5 times your annual earnings, rounded to the next higher multiple of $1,000. Your Guarantee Issue Amount that is not subject to medical underwriting, is 5 times your annual earnings or $150,000, whichever is less. Premium is based upon age and salary. Dependent Life Coverage is $10,000 for spouse and $5,000 for each child. Completion of an Evidence of Insurability form is required for any employee who does not select voluntary life upon 1st eligibility and/or if an increase in volume is requested during open enrollment. Voluntary Term Life STD/LTD Short-Term Disability Summary Short-Term Disability Certificate Mutual of Omaha’s short term and long term disability insurance could pay you a percentage of your gross weekly earnings (up to your plan maximum) if you become ill or injured and can’t work. It can help you cover your expenses and protect your finances at a time when you’re not getting a paycheck and have extra medical bills. Mutual of Omaha Group Long-Term Disability Summary Mutual of Omaha Group Long-Term Disability Certificate Section 125 Section 125 Medical Expense and Dependent Care Expense Accounts – A health care FSA is used to reimburse out-of-pocket medical expenses incurred by you and your dependents. A dependent care FSA is used to reimburse expenses related to care of eligible dependents while you and your spouse work. Contributions to your FSA come out of your paycheck before any taxes are taken out. This means that you don’t pay federal income tax, Social Security taxes, and state and local income taxes on the portion of your paycheck you contribute to your FSA. The maximum that you can contribute to the Health Care Flexible Spending account is $2,700. The maximum that you can contribute to the Dependent Care Flexible Spending Account is $5,000 if you are a single employee or married filing jointly. Click here to view the Ave Maria University Flexible Benefits Plan Summary Description and here to view the Ave Maria University Flexible Benefits Plan Document. Retirement Plans Retirement Plan – Ave Maria University offers eligible employees the opportunity to participate in either a 401(k) or 403(b) retirement plan. Employee Discounts Orlando Employee Discounts Legoland Employee Discounts TicketsatWork Employee Discounts Daytona International Speedway Hotelogical Discounts Hampton Inn & Suites Fort Myers-Estero Welfare Benefit Plan SPD Click Here to View Welfare Benefit Plan Holidays Click Here to View the 2021 Staff Holiday Calendar Schedule Benefit Plan Compliance Documents Click Here to View all Ave Maria University Benefit Plan Descriptions and Summary Plan Descriptions Employee Assistance Program Click Here to View the Employee Assistance Program Benefits contacts Here is where you can find the contact information for our benefits providers. View Contacts