Benefits provided for INCONEN employees

INCONEN places great emphasis on our relationship with employees, and provides a comprehensive and competitive benefit package. INCONEN offers flexibility to our clients in choosing employee benefits.

The INCONEN Tax Deferred 401K Plan

Offered through John Hancock USA, a Standard & Poor’s AA+ rated company.

Some of the Plan highlights are as follows:

• Wide range of diversified investment options
  • Stock Funds
    • Domestic (Large, Mid, and Small Cap)
    • Foreign/International
    • World
    • Emerging Markets
    • Index
    • Specialty (Utilities, Real Estate, Financial, Natural Resources, Energy, Technology, Health Sciences, etc.)
  • Managed Funds
    • Target Date Portfolios
    • Risk Based Portfolios
  • Bond Funds
  • Cash Funds
  • Personal Brokerage Account
    • Offered through John Hancock and Union Bank of California, this option gives participants access to a multitude of investments (including individual stocks, bonds, mutual funds, certificates of deposit, etc.).
  • Guaranteed Income for Life
    • This unique feature allows participants to
      • Protect contributions,
      • Lock in market gains, and
      • Guarantee an income stream for life.
  • Pre-tax savings
    • Contributions are tax deferred from both federal and state income tax.
    • You can begin contributing immediately.
    • 2010 annual limit is $16,500.
    • If you are over 50, you can contribute an additional $5,500 in 2010.

  Aflac Voluntary Benefits

  While major medical pays the doctors, hospitals and labs, Aflac pays money directly to you. Aflac benefits will help with co-pays, deductibles, mortgages, rent, car payments, and food for you and your family. INCONEN has secured group rates and the premiums for some plans may be payroll deducted on a pre-tax basis. Choose from Accident, Cancer, Specified Health Event, Disability and Life based on your own individual needs. Please see the individual Aflac brochures and rate sheets for details on the plans available.

  For questions and enrollment assistance please contact Jeff Young at 310-938-5380.

  Blue Cross / Health Insurance Plan

  Knowing that a typical hospital stay is now more than $32,000, we have selected 43 excellent medical plans from Blue Cross. These individual and family plans include 40 PPOs and 3 HMOs. Also available are the new consumer driven Health Savings Account compatible plans. Blue Cross offers a broad range of health plans that vary in price and health coverage levels so that you can choose the plan that's right for you. Blue Cross is so flexible you can even choose a different health plan for each member of your family. Please remember that the Blue Cross provider network is the largest in the state.*

  Blue Cross / Vision

  As a member of Blue Cross, you will be eligible for the Eye Med Vision Care program for eye exams and glasses. You are also eligible for TruVision for Conacts and Lasik. *

  Blue Cross / Dental Coverage

  For as low as $11 per month for a single individual, you can obtain dental insurance. With Blue Cross there are 3 Dental HMO plans and 4 PPO plans. Again, there is a range of dental plans that vary in price and benefits.*
  
  *Please see the individual Blue Cross brochure and information for complete details for the plans, application and qualifications. For insurance questions, please contact Mike Love at 888-262-7813 ext. 12 or visit www.CoastQuotes.com.

  DHS/Dental Coverage

  Enroll yourself for only $21.20 per month, yourself and 1 dependent for $39.60 and yourself, and 2 or more dependents for only $57.10 .
  
  INCONEN offers group rates for a dental coverage with Dental Health Services. Though many of he services do require co-payment participation, several services such as X-rays, examinations cleanings, etc. are fully covered. No claim forms, no deductibles and no limit on the amount of provided services.

  IRC Section 125

  If you choose one of the Aflac, Blue Cross or DHS plans, INCONEN can set up the Premium payments to be payroll deducted on a pre-tax basis.

  Automatic Depositing of Paychecks

  You do not have to worry about getting to the bank on time. No fees. Will commence approximately three (3) weeks after enrollment.
  

  Paid Holidays

  You may be paid for the following holidays: New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving and Christmas Day. Holiday pay for part-time employees will be prorated if eligible. Check with your recruiter to determine if you are eligible for this benefit. This benefit is based on the contract signed with the end user.