FULL-TIME ASSOCIATE BENEFITS
All full-time, regular associates are eligible to participate in Music Choice’s benefits programs effective with their full-time employment. Coverage begins on associate’s first day of full-time employment.
Health, Dental, Vision Plans
Cigna, Vision Benefits of America
We offer Cigna Open Access Plus In-Network and Cigna Open Access Plus for health and prescription drugs. Music Choice also offers a dental plan through Cigna as well as vision coverage through Vision Benefits of America. Music Choice pays 85% of medical, dental and vision costs for associate only and 80% for associate plus dependents on the Open Access Plus In-Network plan.
Life Insurance Plan
Cigna
We provide all eligible associates a life insurance benefit equal to 1.5 times their annual salary, up to a maximum of $400,000. Music Choice pays 100% of the basic life & accidental death dismemberment premium cost. In addition, associates have the option to purchase additional life insurance. Spousal and child insurance rates are also available.
Long Term Disability Plan
Cigna
LTD provides a weekly or monthly benefit of 60% of annual salary up to a monthly maximum of $8,000 after 90 days of continuous disability. Music Choice provides this benefit cost-free to associates.
401k Plan
Fidelity Investments
According to Fidelity Investments, Music Choice has the best 401k plan in the country! Associates may contribute up to 60% of their pre-tax salary up to the annual limit each year, and vesting is immediate. The Plan also provides for auto enrollment and auto increase programs. For those earning $75,000 or less, Music Choice will match all contributions up to 10% as follows:
- $1.50 on the dollar for the first 4% of associate’s compensation
- $2.00 on the dollar for the next 3% of associate’s compensation
- $1.00 on the dollar on the next 1% of associate’s compensation
- $0.50 on the dollar on the next 2% of associate’s compensation
For those associates earning more than $75,000 per year, the match is as follows:
- $1.50 on the dollar for the first 5% of associate’s compensation
- $0.75 on the dollar on the next 1% of associate’s compensation
- $0.50 on the dollar on the next 4% of associate’s compensation
Other Benefits
Other benefits offered through Music Choice are as follows:
- Health Club Reimbursement
- 529 College Savings Plan
- Pre-tax and Parking Deductions
- Direct Deposit
- Paid Holidays
- Paid Time Off
FULL-TIME ASSISTANT BENEFITS
All full-time assistants are eligible to participate in Music Choice's assistant medical benefit program. Coverage begins on the first of the month after a 30 day waiting period.
Health Plan
Reliance Standard Life Insurance
We offer a limited benefit plan which provides basic insurance coverage. The assistant can be seen by any physician, hospital, etc. Co-pays and deductibles are applicable. Additional benefits of enrollment in this plan include a prescription card which allows discounts at participating pharmacies as well as a vision membership through Vision Service Plan. Music Choice pays 85% of premium cost for assistants and or assistant plus dependent/s.
Other Benefits
Other benefits offered through Music Choice are as follows:
- Direct Deposit
- Pre-tax and Parking Deduction
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