Most Asked About Benefits

Insurance Benefits

Health Insurance

We offer health insurance through Blue Cross Blue Shield of North Dakota. The coverage choices are:

Employee only ...... premium is $75 per month

Employee + Spouse...... premium is $438 per month

Employee + Children...... premium is $334 per month

Family...... premium is $632 per month

Dental Insurance

Dental insurance is available through Delta Dental. The coverage choices are:

Employee only...... paid for entirely by the Firm

Employee + Spouse...... premium is $40 per month

Employee + Children...... premium is $40 per month

Family...... premium is $79 per month

Vision Insurance

Vision insurance is available through VSP. The coverage choices are:

Employee only ...... premium is $7.36 per month

Employee + Spouse...... premium is $14.74 per month

Employee + Children ...... premium is $15.76 per month

Family ...... premium is $25.20 per month

Flexible Benefit Plan

We have a flexible benefits program, which allows you to use pre-tax dollars to pay for certain medical and dependent care expenses. There are three components of our flexible benefits program:

  • Medical Spending Account—the annual maximum you can contribute to this account is $2,550.
  • We allow up to $500 to carry over into the next plan year if all funds are not used by December 31.
  • Dependent Care Spending Account—the annualmaximum is $5,000.
  • Premium Conversion—we automatically deduct your portion of the health, dental and/or vision insurance premiums on a pre-tax basis.

You may enroll in the Flex Plan within 30 days of hire and then every January 1 thereafter.

Life Insurance

The Firm provides, at no cost to you, group life insurance and accidental death and dismemberment insurance for you and your family. Your coverage is one and one-half times your annual compensation to a maximum of $150,000. The Firm provides a $2,000 policy on spouses and a $1,000 policy for eligible dependents. Supplemental life insurance is available to purchase for you, your spouse and/or your dependents.

Retirement Plan

401(k) Plan

You may defer a portion of your salary into the 401(k) plan, subject to IRS limitations. You will be able to enroll in the 401(k) plan immediately.

The firm has an automatic enrollment provision as part of the 401(k) plan. Unless you complete the online enrollment process, you will be automatically enrolled to contribute three percent beginning on your first paycheck.

Profit Sharing

The Firm has a profit sharing contribution, which occurs yearly in January. To be eligible for the plan, you must have attained the age of 21, complete 12 months of employment (during which you work at least 1,000 hours), and must be employed by the Firm on December 31. If you meet the eligibility requirements, the Firm will contribute an amount equal to four percent of your annual compensation into the profit sharing plan on January 15 of the following year. Each year the requirements are reassessed to be sure you are still eligible for the contribution. There is a five-year vesting schedule for the profit sharing contributions.

Time Away From Work

PaidTimeOff

You will accrue 13.33 hours per month, which is four weeks per year. The accrual increases according to your position within the Firm and length of service.

Holidays

We recognize the following holidays: New Year’s Day; Memorial Day; Independence Day; Labor Day; Thanksgiving, the day after Thanksgiving; Christmas Eve Day (or other religious holiday) and Christmas Day (or other religious holiday).

Parental Leave

To help maintain that balance during some of the most important transitions in life, the Firm will offer one week of paid parental leave following the birth or adoption of a child.

Disability Insurance

Short-Term Disability

The Firm offers short-term disability at no cost to you. This benefit provides income replacement in the event of your own serious health condition. Coverage is available after a seven-consecutive-calendar-day elimination period with a payment of 66 2/3 percent of your base wages. Staff members are eligible for seven weeks of maternity leave paid at 100%.

Long-Term Disability Program

The Firm offers long-term disability coverage at no cost to you. This coverage is available after a 90-day waiting period. It provides coverage for 60 percent of your monthly compensation to a max of $8,000 permonth.

Other Benefits

Certifications/Designations

We provide a one-time allowance (up to $1,500) toward the attainment of a certification or designation. Additionally, we have partnered with Becker CPA Review and are able to offer staff a discount on courses and options for payment of registration fees. We also have a bonus incentive structure to encourage staff to pass the CPA exam early on in their career.

Tuition Reimbursement Program

Eide Bailly’s commitment to furthering your education is enhanced by our tuition reimbursement program. Upon prior approval and receipt of a grade “B” or better, the Firm will reimburse your tuition costs for up to $2,500 per fiscal year. You are eligible for this benefit after one year of service.

Employee Assistance Program

In this day and age there are many stressors in our lives. To help you cope with day-to-day problems, or major life crises, the Firm offers confidential and professional counseling services through the VillageFamilyServiceCenter.

Referral Program

We are always searching for talented individuals to join our staff. Our referral program offers a cash reward for recommending friends, family and colleagues who join Eide Bailly.

Travel Insurance

This is a $50,000 life and disability accident insurance policy for business travel paid for entirely by the Firm.

Promotional Item Discount

Our staff is offered opportunities to purchase a variety of Eide Bailly promotional items at a 20 percent discount.

Commitment to Wellness

We encourage our staff to maintain an active, healthy lifestyle. To support this, Eide Bailly will reimburse you a portion of your eligible fitness expenses, weight loss program participation, and/or smoking cessation products.

Savvy Benefits

Savvy Benefits provides you access to telemedicine through Teledoc, which is a national network of U.S. board-certified doctors available on-demand 24/7 to diagnose, treat, and prescribe medication if necessary for many of your medical issues. You do not need to participate in Eide Bailly’s health insurance in order to utilize this benefit and will be eligible to you, your spouse, and eligible dependents.