CPI Benefits

Insurance

CPI's insurance includes health, prescription drug, dental, long-term disability (for the employee), and a life insurance policy (for the employee and optional additional coverage). Our medical and dental coverage is through Blue Cross Blue Shield. CPI pays all costs except for the employee contributions listed below. Benefits begin the first day of the month following the hire date for qualified employees.

Cost of Coverage for HSA/HDHP (Health Savings Plan/High Deductible Health Plan)** $2500 Deductible, 100% after meeting deductible. Max out of pocket $2500, Preventive Care $20 Co-payment, Well Care $20 Co-payment, CPI will contribute $100 per month to the HSA, + Dental Coverage + Guardian Long Term Disability. The Health Savings Account is 100% employee owned.

Employee	$ 30.35 per pay period (2 pay periods per month)
Employee & Children	$ 56.97 per pay period
Employee & Spouse	$ 50.09 per pay period
Employee & Full Family	$ 77.68 per pay period

Cost of Coverage for PPO (Preferred Provider Organization)** $1,000 Deductible with 80/20 to a Max out of pocket of $2,500 with $25 office visit, $100 ER, and RX $8/40/60 Co-Payments, $50 Specialist Visit + Dental Coverage + Guardian Long Term Disability.

Employee	$ 61.76 per pay period (2 pay periods per month)
Employee & Children	$ 153.88 per pay period
Employee & Spouse	$ 133.09 per pay period
Employee & Full Family	$ 216.09 per pay period

Paid Time Off

CPI employees accrue PTO at a rate of 7.332 hours per pay period, which equates to 22 paid days per year. This time off covers 10 days of paid vacation, 8 paid holidays and 4 floating holidays. PTO begins to accrue immediately. Employees are eligible to utilize paid time off after 90 days of employment.

Tuition Reimbursement

After six (6) full months of employment, a CPI employee may receive tuition reimbursement for classes taken from that point, up to $2,000 per year. The classes must be work related and pre-approved.

Employee Referral Bonus

A finder's fee of $1,250 will be paid to active employees for referring candidates who are hired into positions as defined in the company policy and procedure manual.

401(k) Savings

You may join the plan if you are at least 21 years of age, have completed 1,000 hours (about 6 months at 40 hrs/week) and it is the beginning of the Quarterly enrollment period.
Administered by The Principal Financial Group
CPI will match 100% of the first 5% of the pay you contribute to the plan through salary deferral.
Roth Savings feature.
100% vesting upon enrollment.