BENEFITS ELIGIBILITY During the first 60 days of continuous employment at AJK, you will not be eligible to participate in AJK’s Healthcare Benefits Program. Once you have completed the 60 days, you become eligible st on the 1 of the following month. MEDICAL BENEFITS Comprehensive major medical coverage is provided to all full-time employees. AJK will pay 100% of the lower premium plan for the employee and 50% for family members. Other plans may be available for an additional cost. Rates will be provided to you with your enrollment packet. RETIREMENT PLAN AJK provides a 401k Retirement Savings Plan for eligible employees upon hire in order to assist in planning for their retirement. For information regarding eligibility, contributions, benefits, and tax status, contact AJK’s retirement broker, Lloyd Engleman at [email protected] All eligible participants will receive a summary plan description. ESOP AJK is an Employee Owned Organization. All employees who are twenty-one (21) years of age and achieve 1,000 hours of service in the first twelve (12) months of their employment are eligible to participate. AJK makes all contributions to the Employee Stock Option Plan (ESOP). LIFE/ACCIDENTAL DEATH Each employee is provided with a $25,000 term life insurance policy at no cost to the employee. DENTAL AJK offers group dental plans to all full-time employees and their families. AJK pays 100% of the premium for the employee and their families on the HMO plan. There is also a PPO plan available for an additional cost. Rates will be provided to you with your enrollment packet. DISABILITY Disability benefits are as provided by the State of California. WORKERS’ COMPENSATION AJK in accordance with state law; provides insurance coverage for employees in case of work- related injury. The workers’ compensation benefits provided to injured employees may include: • Medical care. • Cash benefits, tax free, to replace lost wages. • Assistance to help qualified injured employees return to suitable employment. Revised January 2024 Page 35 of 55