The Concrete Company 2024 Benefits Guide

ADDITIONAL INFORMATION

401(K) PLAN ADMINISTERED BY MS GRAYSTONE Upon completion of 60 days of continuous employment, employees qualify to participate in our 401(k) plan on the 1st day of the following month. Upon qualifying, all employees will be enrolled with an initial contribution level of 3% of their pay, unless they opt out of the enrollment. Newly eligible participants will be mailed a Summary Plan Description of the plan, educational materials, and online enrollment instructions. For every $1.00 you contribute to the plan, the Company contributes $0.50 up to the first 8%. EMPLOYEE ASSISTANCE PROGRAM PROVIDED BY PASTORAL INSTITUTE The Company sponsors an EAP to provide counseling and educational assistance at no cost to employees and their families. The EAP provides 6 visits per year for employees, and an additional 6 visits for immediate family members. Participation is strictly confidential. VACATION Upon completion of one year of service, full time employees qualify for 40 hours of vacation and part time employees qualify for 20 hours. The amount of vacation time increases by length of service. Check with your supervisor to determine the amount of vacation time that may be granted and the guidelines for when vacation may be taken. Vacation time not used by the end of the year will be forfeited. Employees will not be paid for unused vacation upon separation from The Company. HOLIDAYS The following days will be considered Company Holidays: - New Year’s Day - Labor Day - Memorial Day - Thanksgiving Day & Day after - Independence Day - Christmas Day To be eligible for holiday pay, hourly employees must have completed 90 days of continuous service, and work the day prior to and the day following the holiday (provided these are workdays and you are not on vacation). When a holiday falls on a weekend, advance notice will be given on whether the Friday before, or the Monday after will be considered the holiday. BEREAVEMENT LEAVE Full time regular employees who have completed 90 days of continuous service may request up to 3 workdays off due to the death of an employee’s spouse, parent, child, grandparent or sibling. 2 days of the leave will be paid to hourly employees at their regular rate of pay. JURY DUTY The Company will make up the difference between an employee’s jury duty pay and the pay the employee would normally have received at work. [Not to exceed 8 hours per day, for a maximum of 10 consecutive days, for full time regular employees who have completed 90 days of continuous service and who are required to serve on a jury.] FAMILY AND MEDICAL LEAVE, LEAVE OF ABSENCE, MILITARY LEAVE OF ABSENCE Leave is granted to employees under certain circumstances. Refer to the Employee Handbook on how and/or when you qualify to participate in these benefits. Follow the procedures as outlined in the handbook.

19 The Concrete Company Benefit Guide |

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