New Benefits Year Pay Check Deductions Start Now
Even if you didn’t change your benefits during annual enrollment in November, pay check deductions for benefits may have changed. Take a look at your first pay stub in 2014 to verify deductions for benefits coverage. Your online pay stub is available through the ADP Portal. The 2014 rate sheet showing contributions per pay period for medical, dental and vision coverage is available here.
Here are some specific items you may want to look for as you review your pay stub:
Benefit Coverage
Your 2014 benefit deductions may be higher or lower than last year, depending on what you elected during annual enrollment and whether you qualified for the wellness discount. To verify your 2014 deductions, compare your first 2014 pay stub against the confirmation statement you printed during enrollment. Your pay stub will show your deductions for medical, dental, vision, flexible spending accounts, Health Savings Account and any other coverage you elected or received for 2014.
If you didn't print a confirmation statement after you enrolled, check your 2014 benefits coverage any time by visiting My BMC Compensation and Benefits. Click on the Go to Your Benefits Resources link and from the Health and Insurance tab, select Health and Insurance Summary, then Current Coverage. Please report any issues with deductions to Your Benefits Resources at 1-877-262-4849. Representatives are available weekdays from 8 a.m. to 9 p.m., Eastern time.
BMC 401(k) Plan
Unless you requested a change, the regular before-tax or Roth 401(k) contributions you were making to the BMC 401(k) Plan in 2013 will continue. You can make or change contribution elections at any time.
- Regular before-tax, Roth or after-tax 401(k) contributions are displayed on your pay stub.
- If your contributions were stopped during 2013 because you reached the IRS contribution limit(s), you’ll see that your previous contribution percentage was restored automatically.
- If you are eligible to make age 50 catch-up contributions in 2014, you must make an election to participate and can do so at any time during the year.
If you have any questions or want to make changes to your BMC 401(k) Plan contribution elections, log on to the Fidelity NetBenefits website or call Fidelity NetBenefits® at 1-866-546-4424.