BITS Benefits

Bowhead Information Technology Services is committed to providing competitive benefit plans at the most affordable rates to the employee and their family.*


*Plan documents represent the governing documents for all plans referenced herein. Although it is the present intention of Bowhead Information Technology Services to continue the pay practices, employment policies and benefits noted herein, the Company reserves the right, whether in individual case, or more generally, at its sole discretion, to alter, reduce, or eliminate any pay practice, policy or benefit, in whole or in part, without prior notification.

BITS benefits for eligible employees include:

Paid Personal Leave

Eligible employees accrue paid leave in a generic personal leave bank

Medical, Dental and Vision

Medical Insurance

• Carrier: Premera BCBS of Alaska
• Heritage Plus $500 - $25 office visit copay
• Hertitage Plus $0 - $10 office visit copay

Dental Care Coverage

• Carrier: Premera BCBS of Alaska
• Benefit Maximum: $2000 per covered person per year
• Deductible: $50 per covered person per year
• Family Deductible: $150/calendar year
• Orthodontia: 50% up to $5000 Lifetime Maximum

Vision Care Coverage

• Carrier: Premera BCBS of Alaska
• Examination - 1 per calendar year
• Lenses - 1 per calendar year
• Frame - 1 every 2 consecutive years
• Contacts - 1 per year
• Co-payment - 20%

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Employer-Paid Term Life

• Carrier: Unum Life Insurance Company of America
• Scheduled Benefit: 2x annual salary to a cap of $200,000

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Employer-Paid Accidental Death/Dismemberment Insurance

• Carrier: Unum Life Insurance Company of America
• Scheduled Benefit: 2x annual salary to a cap of $200,000

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Employer-Paid Short & Long-Term Disability Insurance

Short-Term Disability

• Carrier: Unum Life Insurance Company of America
• Earnings Factor: 60% of salary/maximum of $1,500/week
• Elimination Period: 7 calendar days
• Duration: up to 13 weeks

Long-Term Disability

• Carrier: Unum Life Insurance Company of America
• Earnings Factor: 60% of salary/maximum of $7,500/month
• Elimination Period: 90 calendar days

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Voluntary Life Insurance

• Carrier: Unum Life Insurance Company of America
• Additional Voluntary Life Insurance for employee, spouse and/or dependents is available at employee's expense

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Section 125 Plan

Section 125 Premium Savings Plan - Participation in the Premium Savings Plan permits employees to have their salary reduced by the exact amount of any premium contribution required. The result is lower taxable income and subsequently, less tax burden

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Flexible Spending Accounts

• Carrier: CBIZ
• A Flexible Spending Accounts Plan (FSA) enables eligible employees to
pay for certain un-reimbursed health care and/or certain dependent day-
care expenses with pre-tax earnings. By setting aside part of your salary to
cover eligible expenses, you avoid paying federal, state (except in NJ and
PA) and FICA taxes o­n that income effectively saving approximately 25%
to 40% (depending o­n your tax bracket) o­n those expenses.

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401(k) Retirement Savings-Wells Fargo

• Full-time and Part-time employees eligible
• Eligibility - 1st of the month following employment date
• Salary Deferrals -- Up to 100% of your annual compensation, not to
exceed the IRS limit, adjusted annually
• Employer Matching Contribution -- The Company will match your salary deferral contribution up to 3% of all gross eligible wages up to the annual maximum wages established by Federal law.

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Tuition Assistance Program

Tuition Assistance Program provides financial aid to eligible employees under four related plans:

• Tuition Reimbursement
• Seminar/"Short Course"
• Professional Certification
• Self-Study Training


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Referral Bonus Program

• $1,000 Referral Bonus for each Exempt Full-Time employee hired
• $500 Referral Bonus for each Non-Exempt Full-Time employee hired

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Pre-taxed Deductions:

• Carrier: CBIZ
• Up to $220 per month for Parking
• Up to $115 per month for Transit