CREA, LLC continues its commitment to provide employees with comprehensive and cost-effective benefit options. Employees who work 30 hours or more per week and satisfy the established waiting period are considered “Eligible Employees” and may participate in CREA’s benefit program. Benefits are part of an overall compensation package and CREA’s benefit plans are reviewed regularly to ensure we continue to meet our employees’ needs.
Medical, Dental & Vision Insurance
Eligible Employees, and their eligible dependents, can enroll in CREA’s group sponsored medical, dental and/or vision plans after the employee satisfies his/her benefit waiting period. We currently utilize Anthem, Delta and VSP for our group medical, dental and vision plans. The following tax-deferred accounts are also available to benefit eligible employees:
- Health Savings Account
- Flexible Spending Account
- Dependent Care Account
Life and Disability Insurance
CREA provides Eligible Employees with the following 100% company-paid benefits:
- $50,000 Term-Life and AD&D Insurance
- Long-Term Disability Insurance
- Employee Assistance Program
- Travel Assistance Program
Eligible Employees have the opportunity to purchase several voluntary benefits for themselves and their dependents. Term-life and accident insurance options are available for employee, spouse and dependent child(ren) and include guaranteed issue amounts of coverage. Short-term disability and long-term disability buy-up insurances are also available for the employee. All of these voluntary benefit options are paid for by the employee through the convenience of re-occurring payroll deductions.
For the purposes of 401(k) eligibility only, an “Eligible Employee” is an employee who works more than 1000 hours for the firm on an annual calendar year basis.
Eligible Employees will be able to participate in CREA’s 401(k) plan on the next plan entry date, after satisfying a 120 day waiting period. Plan entry dates occur on the 1st day of each month. Employees may elect to defer a portion of their earnings on a pre-tax or after-tax (Roth) basis. Rollovers from previous plans can be accepted prior to satisfying the waiting period. CREA will match up to $1,000 of an employee’s 401(k) payroll contributions per calendar year.