THE PRINCIPIA OPEN ENROLLMENT 2019

Just jump?

What we’ll cover: Introducing our new benefits broker, Keith McNeil Your benefit options for 2019 Your pearly whites Fresh carrots or… Peace of mind for your family Keeping free of concerns about paying bills Any more ways I can lower my taxes?

Welcome Keith!

Will my benefits automatically continue if I don’t log into the ADP portal during Open Enrollment?

What is included? What is available to me? Health Insurance covering Christian Science treatment and Christian Science Nursing care for you and your dependents—you pay $0.00 monthly premium Vacation, Health and Personal Leave Social Security Worker’s Comp Insurance Unemployment Insurance Tuition Discount Retirement savings—generous match! Up to 7.5% of your pay period earnings Life insurance and Income Protection plans—Principia pays half the monthly premium Dental & Vision – premiums are paid before taxes are calculated

An Investment in me? Benefits are a significant part of your total compensation! Example: Employee earning $11.00 per hour x 2080 = $22,880 per year in 2018 Wages $22,880 Health Insurance $ 7,071 (Service Base Plan for employee only) Retirement $ 1,716 Life Insurance $ 124 Short-term Disability $ 158 Long-term Disability $ 50 Social Security $ 1,750 Vacation $ 1,760 Health Leave $ 440 Total Compensation $35,949 or $17.28 per hour For every $1.00 in wages earned, Principia pays an additional $0.57 per hour in benefits

Benefit Highlights 2019 Dental Insurance – The Standard Insurance Company Rates increasing 12.6% for 2019 and guaranteed through 12/31/2020 (Mutual of Omaha would have increased rates over 25% with no rate guarantee) Low and High PPO options Nationwide Dental Network No need to pick a primary dentist ID cards will not be mailed to participants Vision Insurance -- EyeMed Rates unchanged for 2019 Insight Network

Dental 2019

Benefit Highlights 2019 Basic Life Insurance and Income Security – The Standard Insurance Company Life Insurance –two times annual salary $2,000 coverage for non-employee spouse $2,000 for each child from birth through age 25 Group Short-term Disability Plan - pays 60% of gross salary up to $7,500 for up to 180 days. Premium slightly reduced for 2019. On day one of absence, the pays 60% of gross salary up to $1,000 for up to 11 weeks. Group Long-term Disability Plan - 60% of gross salary from 181 days to Social Security normal retirement age (“SSNRA”). Premium slightly reduced for 2019.

Benefit Highlights 2019 Optional Term Life Insurance – The Standard Insurance Company Employees Optional Life coverage limited to 5 times your annual salary not to exceed $500,000 Rates based on age band Policy can be converted to individual policy upon termination of employment Spouse Optional Life coverage limited to $250,000 or 50% of employee coverage with employee coverage Children Optional Life coverage $5,000 per child through age 25 with employee coverage

Benefit Highlights 2019 Employee Spouse Voluntary Term Life Insurance with The Standard Insurance Company Employee elect or increase your amount of coverage by $10,000, not to exceed 5 x your earnings or $130,000 – without completing the EOI. Spouse increase this amount of coverage by $5,000, not to exceed 50% of your amount or $40,000 – without being required to complete the EOI.

Benefit Highlights 2019 FLEX Spending: Renewal or participation is not automatic! If desired, this must be elected annually. For the 2019 plan year, the Dependent Care maximum contribution is $5,000 and the Health Care maximum contribution is $2,650.

FLEX Spending Pay for health or dependent care expenses with pre-tax dollars. Maximum annual election amount: $2,650 for Healthcare $5,000 for Dependent Care Spend your health election for 2018 by March 15, 2019 Submit 2018 Dependent Care Claims must be submitted by March 15, 2019 2018 Health Expense Claims must be submitted by May 15, 2019

Vision Plan Insight Network www.EyeMed.com EyeMed In-Network   EyeMed Insight Network www.EyeMed.com In-Network Out-of-Network VISION EXAM $10 Copay $40 Reimbursement after $10 Copay Exam Frequency Once every 12 months Vision Materials Lenses Single Vision BiFocal TriFocal Lenticular $0 Copay $30 reimbursement after $10 Copay $50 reimbursement after $10 Copay $70 reimbursement after $10 Copay Frames Once every 24 months $0 Copay; $150 Allowance; 20% discount off balance $105 Reimbursement Contacts Evaluation and Fitting Discounted Fee of $50 Not Covered Conventional Lenses $0 Copay; $150 Allowance; 15% discount off balance $150 reimbursement after $10 Copay Disposable Lenses Medically Necessary Lenses $210 reimbursement after $10 Copay Dependent Age Limit To age 26 Please see EyeMed’s Benefit Summary for all details of the plan Rates Effective 1/1/2017: Employee: Employee + 1: Employee + Child(ren) Employee + Family Monthly 2019 Rates $7.16 $13.60 $14.30 $21.04

Health Insurance for you and your family You pay zero ($0.00) monthly premium for PrinCare Plus! The plan provides protection from financial hardship and covers Christian Science treatment and care for benefit-eligible employees and their dependents. Physical claims are covered for Christian Science treatment by a Christian Science Nurse, Christian Science Practitioner, Christian Science Facility. If listed in the Christian Science Journal, Principia pays 80% of the claim after the annual deductible is met. Costs of care by non-Christian Science Journal listed providers are covered 50%. Charges by medical providers are also covered.

PrinCare Plus Highlights Maternity claims have a zero deductible PrinCare Plus does not cover charges for alcohol/drug or mental/nervous services PrinCare Plus does not cover outpatient prescription drug coverage –for those that are Medicare eligible, you have non-creditable coverage PrinCare Plus is primary to Medicare PrinCare Plus is non-Grandfathered – wellness benefits are covered at 100% (no deductible)

PrinCare Plus Highlights (continued) individual annual deductible of $300 for Christian Science Care (no distinction Practitioner vs. care facility) $3,000 individual annual out-of-pocket maximum for covered in-network charges. There is a family out of pocket maximum of 3x the individual annual maximum for covered charges $1,000 individual annual deductible for medical care. This is combined with the deductible and maximums.

Next Steps: How do I enroll in the elective benefits that I chose for 2019? in ADP!

Next Steps Personalized Annual Enrollment Packet Welcome letter—ADP registration/password update process 2019 enrollment information You may update beneficiary information for Life, Voluntary Life if necessary on a paper form at any time.

Login to: https://workforcenow.adp.com Principia Resources Login to: https://workforcenow.adp.com User ID: first initial of first name last name@ThePrinci Contact Debbie Thompson or June Brill with any questions

Online Enrollment ADP Portal Opens: Friday, November 2 ADP Portal Closes: Tuesday, November 20 at 10:59 pm

Dental link – www.standard.com/dental Vision link – www.EyeMed.com Carrier Resources www.BAS.com Dental link – www.standard.com/dental Vision link – www.EyeMed.com www.myFlexonline.com Logon and Register to obtain: Benefit Information Claim Information and Status ID card Copies Provider Locations

Tax Forms For Your 2018 tax return: Form 1095 ACA reporting -- maintain with your personal tax documents When will it be received? Sent to you by January 31, 2019

QUESTIONS?? We’re here to turn this: Into this!