2024 | BENEFITS SUMMARY
SUMMARY OF THE BENEFITS OFFERED THROUGH RUSH ENTERPRISES, INC.
COMPREHENSIVE MEDICAL COVERAGE: VOLUNTARY LIFE AND ACCIDENTAL DEATH
• Available to all full-time employees on the first of the month AND DISMEMBERMENT:
following completion of a 30-day waiting period • Available to full-time employees and their dependents upon
• Choice of 2 PPO plans and 1 Consumer Driven Health Plan completion of the waiting period
• Copay Prescription drug benefits included in PPO & HMO plans • Coverage is portable should employment terminate
• Employee contribution is based on type of coverage requested
EMPLOYER-PAID LIFE INSURANCE:
DENTAL COVERAGE: • $50,000 of Life Insurance coverage
Offered as a separate benefit to all full-time employees upon • Available to all full-time employees on the first of the month
completion of the waiting period. following the completion of a 30-day waiting period
VISION COVERAGE: SECTION 125 CAFETERIA PLAN:
• O ffered as a separate benefit to all full-time employees upon Full Cafeteria Plan which includes
completion of the waiting period • Medical, Dental , Vision, FSA Medical (flex) for unreimbursed Health
• Provided at no cost for employee only coverage – Dependents Care Expenses, Ancillary Cancer, Heart/Stroke and Accident Plans
may be added for an additional contribution are available to full-time employees and their dependents upon
completion of the waiting period. Part of the Cafeteria Plan with
premiums deducted on a pre-tax basis.
SHORT TERM DISABILITY INCOME BENEFITS:
• Offered as a separate benefit to all full-time employees upon 401K PLAN:
completion of the waiting period
• Available to full and part time employees on the first of the
• Benefits begin on 15th day after 14 days of continuous disability month following 30 days of continuous employment
• 70% of weekly salary to maximum benefit of $1,500.00 per week • Five year vesting schedule
• Maximum benefit period is 90 days • Rush Enterprises matches 20% up to a maximum of 10% for
• E mployee paid premium is based on salary at the time first five years of service – After five years completed of service,
of enrollment Rush Enterprises matches 40% up to a maximum of 10%
• Traditional 401k and Roth 401k options available
LONG TERM DISABILITY INCOME BENEFITS:
• Offered as a separate benefit to all full-time employees EMPLOYEE STOCK PURCHASE PLAN:
upon completion of the waiting period Available to full and part time employees. Entry dates are
• Benefits begin on 90th day after 90 days of continuous disability during June and December of each year. The program allows
participants to invest in Rush Enterprises stock by purchasing
• Benefit is based on salary at the time of disability
shares at a discount price.
• 60% of earnings to maximum benefit of $12,000 per month
• Maximum benefit period is to age 65 or the end of the This is not a comprehensive description of plan benefits. For a detailed description of coverage,
disability whichever comes first limits and exclusions refer to the appropriate Plan Document/Summary Plan Description available
in the Corporate Benefits department.
• Employee paid premium is based on salary at the time
of disability
PAID PREGNANCY-RELATED DISABILITY LEAVE:
• Offers eligible employees up to 8 weeks of paid leave for
pregnancy-related disability reasons
• Available to all full-time employees after 90 days of employment
© 2024 Rush Enterprises, Inc. U-7568 ENT Benefits Companion Summary-US
