Employee Benefits

Our medical coverage helps you maintain your well-being through preventative care and access to an extensive network of providers, as well as prescription medication.  Choose the plan that best matches your needs and please keep in mind that the option you select will be in place for the entire plan year unless you have a qualifying life event.  

All of our health and welfare benefits have 4 coverage tiers:

• Employee Only
• Employee + Spouse
• Employee + Children
• Employee + Family

The company offers various medical plans which include an HMO (Health Maintenance Organization) and PPO Plans (Preferred Provider Organization).  

You and your eligible dependents, as shown below, are afforded coverage in the company’s medical plans with a generous employer contribution:

• Your legal spouse/registered domestic partner (or commonlaw spouse in states which recognize commonlaw marriages). 
• Children up to age 26 (includes birth children, stepchildren, legally adopted children, children placed for adoption, foster children, and children for whom legal guardianship has been awarded to you or your 
• Dependent children, regardless of age, provided he or she is incapable of selfsupport due to a mental or physical disability, is fully dependent on you for support as indicated on your federal tax return, and is approved by your medical plan to continue coverage past age 26.

This link leads to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers.

https://www.cigna.com/legal/compliance/machine-readable-files

The machine-readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.

Regular dental checkups do more for your well-being than just preserve a healthy smile. Crimson Midstream’s dental coverage will provide you and your family affordable options for overall health.

You and your eligible dependents, as outlined on the medial tab, are afforded coverage in the company’s dental plan with a generous employer contribution.

Premium contributions for dental will be deducted from your paycheck on a pretax basis. Your tier of coverage will determine your monthly premium.

Even those with perfect eyesight should have their vision checked on a regular basis. To ensure that you and your family have access to quality vision care, Crimson Midstream offers a comprehensive vision benefit.

Vision benefits are available to you on a voluntary basis. Premium contributions for vision will be deducted from your paycheck on a pre-tax basis. Your tier of coverage will determine your monthly premium.

It’s never too early — or too late — to start planning for your retirement. Making contributions to a 401(k) account is the first step toward achieving financial security later in life. The Crimson Midstream 401(k) Profit Sharing Plan and Trust provides you with the tools and flexibility necessary to support your retirement planning. 

Eligible employees can invest for retirement while receiving certain tax advantages. Crimson Midstream will match 100% of the employee’s 5% contribution. Administrative and record-keeping services for this plan are provided by ADP. 

Eligibility 
Effective the first day of the month following 90 days from your date of hire, Crimson Midstream will automatically deduct 4% from your pay to contribute to your 401(k)-retirement plan. If you’d like the full company match of 5%, you’ll need to manually change your contribution percentage. You must also be at least 18 years of age to be eligible. 

Contributing to the Plan 
Deferred contribution limits are set annually by the IRS. The Company allows for the total IRS plan contribution limits. 

Catch-up Contributions 
If you are or will be age 50 or older during a calendar year and you already contribute the maximum allowed to your 401(k) account, you may also make a “catch-up contribution.”

Spending Accounts (FSAs) allow you to set aside pre-tax payroll deductions to pay for various out-of-pocket expenses. Please note the open enrollment period for this benefit occurs in the fourth quarter of the calendar year.

Health Care Flexible Spending Account
You can contribute up to the annual IRS limit for qualified medical expenses (deductibles, copays and coinsurance, for example) with pre-tax dollars, which will reduce the amount of your taxable income and increase your take-home pay. You can even pay for eligible expenses with an FSA debit card at the same time you receive them, so you don’t have to wait for reimbursement. 

Dependent Care Flexible Spending Account
In addition to the Health Care FSA, you may opt to participate in the Dependent Care FSA as well — whether or not you elect any other benefits. The Dependent Care FSA allows you to set aside pre-tax funds to help pay for expenses associated with caring for elder or child dependents. Unlike the Health Care FSA, reimbursement from your Dependent Care FSA is limited to the total amount that is deposited in your account at that time.

Eligible Dependent Care Flexible Spending Account Expenses
This account covers dependent day care expenses that are necessary for you and your spouse to work or attend school full time. The dependent must be a child younger than the age of 13 and claimed as a dependent on your federal income tax return or a disabled dependent who spends at least eight hours a day in your home.

• Examples of eligible dependent care expenses include:
• InHome BabySitting Services (not by an individual you claim as a dependent)
• Care of a Preschool Child by a Licensed Nursery or Day Care Provider
• Before and AfterSchool Care
• Day Camp
• InHouse Dependent Day Care

Basic Life and Accidental Death and Dismemberment (AD&D) Insurance 
Life and AD&D benefits are essential to your family’s financial security. As such, it is important to understand how your plan works and what benefits you will receive. Crimson Midstream provides employees with Basic Life and AD&D insurance through Mutual of Omaha, which guarantees that loved ones, such as a spouse/domestic partner or other designated survivor(s), continue to receive part of an employee’s benefits after death.  Your Basic Life and AD&D insurance benefit is 1x employee’s basic annual earnings, up to $500,000 with a guarantee issue of $250,000. If you are a fulltime employee, you automatically receive Life and AD&D insurance even if you elect to waive other coverage.

Additional Life and AD&D Insurance
Eligible employees may purchase Voluntary Life and AD&D insurance for themselves and their families. Premiums are paid through payroll deductions.

Income Protection
Crimson Midstream offers optional STD (short-term disability) and LTD (long-term disability) plans to protect you against any debilitating injury. This insurance protects a portion of your income until you can return to work, or until you reach retirement age. 

Short Term Disability (STD) Insurance
Short Term Disability (STD) benefits are available to you on an employee-paid voluntary basis. STD insurance replaces 30% (CA) and 60% (other States) of your income if you become partially or totally disabled for a short period of time. Certain exclusions, along with any pre-existing condition limitations, may apply. 

Long Term Disability (LTD) Insurance
Long Term Disability (LTD) benefits are available to you on a voluntary basis. LTD insurance replaces 60% (all states) of your income if you become partially or totally disabled for an extended period of time. Certain exclusions, along with any preexisting condition limitations, may apply.

Crimson Midstream knows the value of well-rounded, balanced employees, which is why we offer a variety of additional benefits to help manage life’s daily stresses. The Company cares about you and your family’s total health management — mental, emotional and physical. For that reason, we provide an Employee Assistance Program (EAP) at no cost to you.  Whether you are interested in work/life resources, mental health assistance, or legal and financial advice, the EAP service can connect you and members of your household with a variety of professionals. With just one phone call, at any hour of the day or night, you can have access to helpful resources. The EAP benefit includes three facetoface visits per issue with a licensed professional. All services provided are confidential and will not be shared with Crimson Midstream. The Program provides referrals to help with: 

• Emotional Health and WellBeing 
• Alcohol or Drug Dependency 
• Marriage or Family Relationship Problems 
• Job Pressures 
• Stress, Anxiety, Depression 
• Grief and Loss 
• Financial or Legal Advice