E.S. Wilson Transport Inc. Employee Benefits

Group Health Insurance
Eligible the first day of the month after 30 days of employment
Madison National Life Qualified HDHP (High Deductible Health Plan)
$2,500 Individual Deductible or $5,000 Family Embedded Deductible
100% in-network coverage after deductible (My First Health network)
Employer pays 50% of Employee Premium
Additional coverage for family members is available at employee expense

Health Savings Account
Employees with qualified HDHP are eligible for HSA contributions
Employer pays administrative fees for employees of E.S. Wilson Transport, Inc.
Employer currently contributes $25.00 per pay period to each employee’s HSA

Cafeteria Plan (IRC Section 125)
Eligible the first day of the month after 30 days of employment
Employee can enter into a salary-reduction agreement with the employer. The employer then uses these funds to pay
for the employee’s benefits. This allows the employee to pay for his or her own benefits with pre-tax dollars.

Voluntary Benefits Available (offered through Aflac)
Payroll deduction allowed first day of the month after 30 days of employment
Accident Insurance
Cancer Insurance
Dental Insurance
Disability Insurance
Heart & Stroke Insurance
Term Life and AD&D

Cafeteria Plan (IRC Sec. 125)
Employee can enter into a salary-reduction agreement with the employer. The employer then uses these funds to pay
for the employee’s benefits. This allows the employee to pay for his or her own benefits with pre-tax dollars.

Employee paid portion (for family coverage) of the E.S. Wilson Transport, Inc. Group Health Insurance premium can be
paid through the cafeteria plan with pre-tax dollars.

Some of the benefits that can be realized by employees include the following:
• Lower FICA and income tax withholding due to lower gross pay
• Ability to select those benefits most needed
• Potential qualification for the earned-income credit due to lower gross income
Qualified Benefits may include:
• Accident and health insurance
• Health Savings Account (HSA)
• Dependent care assistance
• Unreimbursed Medical Expenses (limited to Dental & Vision expenses if covered by High Deductible Health Plan)
Health Savings Account
A Health Savings Account (HSA) is a tax-favored account set up exclusively to pay certain medical expenses of the
account owner, spouse, and dependents. Health insurance coverage must be provided under a high deductible health plan.

Eligible Individual: Only an “eligible individual” may establish, and then contribute to, an HSA.
This is someone who on the first day of any month:
1. is covered by a high-deductible health plan (HDHP)
2. is not also covered by another health plan that is not a HDHP
3. is not enrolled in Medicare (generally, under age 65)
4. and may not be claimed as a dependent on someone else’s tax return

High Deductible Health Plan: A health plan that meets certain requirements (adjusted annually for inflation) regarding
deductible and out-of-pocket expenses. The group health insurance offered through ES Wilson Transport, Inc. is a
qualified High Deductible Health Plan.