All team members who work at least 30 hours or more per week, are considered benefits eligible and can enroll within their first 30 days of employment for benefits which become effective 1^st of the month following date of hire.  Eligible dependents for coverage include legal spouse, qualified domestic partner, and children.  Each health offering includes a network of treating providers and hospitals. 

Medical

Medical insurance including prescription drug coverage at Summit is offered through United HealthCare.  Team members have three plans to choose from.  Each plan offers preventative care covered at no cost to each participating member. 

PPO (Preferred Provider Organization) Plan:

This medical plan option includes first dollar coverage when treating with a Primary Care Provider (PCP), Specialist, Urgent Care, and Emergency Care. 

PPO Plan
In-Network Deductible:
Individual: $750
Family: $1,500

PPO VALUE Plan
In-Network Deductible:
Individual: $2,200
Family: $4,400

HDHP (High Deductible Health Plans):  With this medical plan, team members pay lower insurance premiums and are enrolled in a company funded Health Savings Account (HSA). The HSA is a personal savings account that can be used to pay for qualified healthcare expenses with tax free dollars, now or in the future. The company funds a monthly contribution ranging from $100 to $230 depending on coverage level. The IRS defines the annual tax free contribution maximum that a team member can contribute each plan year.

HDHP
In-Network Deductible:
Individual: $5,000
Family: $10,000  

FSA (Flexible Spending Account)

A Flexible Spending Account (FSA) allows team members to pay for eligible health care and dependent care expenses using tax free dollars. Summit offers a Health Care and Dependent Care FSA. The IRS defines the annual tax free contribution maximum that a team member can contribute.

Dental

Dental insurance is offered with two plan options through Delta Dental of Colorado. Both plan options include preventative care covered at 100%. The Base plan covers basic services  at 80% and major services at 50% up to the plan maximum. The Buy-Up plan covers basic services at 90% and major services at 60% up to the plan maximum. Orthodontic coverage is available on the Buy Up plan option for all covered members with a lifetime maximum of $2,500. 

Base Plan
Individual Deductible: $50
Family Deductible: $150
Plan Year Annual Maximum: $1,500

Buy Up Plan
Individual Deductible: $25
Family Deductible: $75
Plan Year Annual Maximum: $2,500

Vision

Vision insurance is offered with two plan options through VSP. The Base plan option covers exams and lenses/contact lenses every 12 months with a copayment of $20 and frames (in lieu of contacts) every 24 months. The Buy Up plan option covers exams, lenses/contact lenses, and frames (in lieu of contacts) every 12 months with a $15 eye exam copayment and a materials copayment of $20. Both plan options include a new plan feature called LightCare, which covers an exam and team members can use the frame and contact allowance for UV sunglasses or blue-light filtering glasses.

Summit pays 100% of Basic Life and Accidental Death and Dismemberment Insurance at 1.5 times base salary. The company also provides income replacement through Short-Term and Long-Term Disability coverage for qualified disabilities at no cost to team members. 

Employee Assistance Program

Summit offers at no cost to team members and their family, an Employee Assistance Program (EAP). The EAP offers confidential counseling, assistance with personal, family, and work-related issues, self-help resources. The EAP also includes a robust personal and work development training library.

Life Insurance

Summit offers Voluntary Life and Accidental Death and Dismemberment insurance for team members up to $1 Million, spouse or domestic partner insurance up to $300,000, and children with flat options of $10,000, $20,000, and $30,000. 

Accident

Accident insurance is available to benefit eligible employees and eligible family members. This option  pays a benefit directly to the team member in the event of an accident.  Benefits are paid according to a fixed schedule that includes benefits for hospitalizations, fractures, dislocations, emergency room visits, and more.

ID Theft Protection

ID Theft Protection insurance is available to benefit eligible employees and family that helps monitor identity, credit, detects fraud, and more.  This insurance also includes a $25,000 identity fraud policy to cover out of pocket expenses related to identity theft.

Legal

Legal Insurance is available to benefit eligible employees and provides access to a network of experienced attorneys. This insurance covers many personal legal matters with no waiting periods, no deductibles, and no claim forms.   

Critical Illness

Critical Illness insurance is available to benefit eligible employees and eligible family members. This insurance pays a lump-sum benefit if you or a covered family member is diagnosed with a covered illness or condition that happens on or after coverage is effective. 

Paid Time Off

Team members receive Paid Time Off (PTO) which is an allotment of paid time to use for vacation, sickness, and for other personal reasons. The amount of PTO received is based on years of service by the most recent hire date or rehire date.  

Paid Holidays

Summit provides team members 10 paid holidays throughout the calendar year along with 2 additional floating holidays. 

Volunteer Paid Time Off

Summit provides 20 hours of paid time each calendar year for team members to volunteer in the communities we serve, and to assist with impacted disasters and issues that impact the community’s quality of life. 

Paid Parental Leave

Summit provides eligible team members paid time off while on parental leave during the 12-month period following the birth or adoption of a child. 

Paid Military Leave

Summit fully supports team members protecting and serving the United States of America through active military obligations and provides up to 15 paid days each calendar year while on military leave.

At Summit, our compensation philosophy is linked to our core values and belief that employees should be rewarded for their individual contributions and achievements while sharing in the company’s success. Base salaries are market competitive and reflect the scope of the job responsibilities, the employee’s experience and their performance. Our annual merit program focuses the employee’s utilization of the company’s core values in achieving results in the job. Our annual bonus program considers the achievement of individualized goals as well as the company’s scorecard during the performance year.

Retirement

Summit offers a 401(K) Retirement Savings Plan option to help team members save and invest in their future retirement through voluntary salary contributions and employer matching contributions. Team members can participate after 90 days of employment and vesting is immediate.  

Disclaimer: This information listed on this site: summitutilitiesinc.com highlights core features of the Summit Utilities, Inc. Employee Benefits Program. It does not include all plan rules, details, limitations, or exclusions. The terms of the benefit plans are governed by legal documents, including insurance contracts. Should there be an inconsistency between what is detailed on this site and the legal plan documents, the plan documents are the final authority. Summit Utilities, Inc. reserves the right to change, modify, or discontinue its employee benefit plans at any time.