Benefits

From wide-ranging health and dental care protection to first-day eligibility in our 401(k) plan, ATK benefits help our employees increase their physical and financial health. Our benefit program lets employees customize their benefit package to best meet their family needs and budget.

A choice of medical plans
ATK's medical plan options all cover preventative exams, immunizations, and hearing and vision checks at 100%. Other features of ATK's medical plans:

• Deductible, copay, and monthly premium amounts vary, based on the plan option you choose
• Built-in wellness and health education programs
• Tobacco free and tobacco user employee premiums
• Two plan options offer a company-funded Health Savings Account (HSA)
• Online modeling tools for employees to help determine which plan option may be best for them
• Dependent coverage to age 26, student status not required

Two dental plan options
ATK employees choose from two comprehensive dental coverage options from Delta USA Diagnostics and peventitive services are covered at 100% with no deductible under both plan options. The plans also feature:

• Coverage provided for basic and major restorative services, prosthetics, repairs, and sealants
• An optional orthodontic benefit in one plan option
• Dependent coverage to age 26; student status not required

401(k)

• Participation via automatic enrollment at 6% pre-tax contribution rate, or may elect to contribute from 1% to 50% via pre-tax, after-tax, and/or Roth 401(k) basis
• Match of 100% on first 3% and 50% on next 3% of pre-tax and/or Roth 401(k) contributions, subject to a one-year vesting requirement
• Non-elective (automatic) contribution based on employee's age and service, subject to end-of-year service requirement and three-year vesting requirement
• More than 20 investment options to choose from, inclduing target maturity options, administered by the ATK Retirement Service Center at Fidelity

Paid time off (PTO)

• ATK-paid personal, vacation, and sick days are combined into this benefit
• Annual accrual is based on years of service
• Employees can elect to buy or sell up to 40 hours of PTO each year
• There are separate, ATK-paid benefits for bereavement, jury duty, and military leave

Flexible spending accounts

• Offset your eligible expenses for medical, dental, dependent care, and transportation expenses by setting aside pretax dollars to pay for these costs
• $100 minimum; $5,000 maximum yearly deduction per account type

Basic life insurance

• ATK pays for a benefit of 1.5 times annual pay up to a $1 million maximum
• ATK provided - no employee contribution or enrollment required on your part
• Convertible - you can elect to take coverage with you if you leave ATK

Dependent life insurance

• If elected, employee pays full cost of this optional benefit
• Proof of good health requirement if enrolled not made within 31 days of hire
• Spouse coverage options of $25,000, $50,000, $75,000, or $100,000; child coverage options of $5,000 or $10,000
• Convertible - you can elect to take coverage with you if you leave ATK
• Dependents elegible to age 19; age 23 for full-time students

Accidental death and dismemberment (AD&D) insurance

• If elected, you pay the full cost of this optional benefit
• Employee elects from one to five times annual base pay, up to $2 million
• Spouse and dependent coverage options
• No proof of good health requirement

Short-term disability

• Basic, ATK-provided benefit of 80% of annual salary, up to 26 weeks
• Optional buy-up coverage from 80% of the basic benefit to 100%, up to 26 weeks

Long-term disability

• Basic, ATK-provided benefit of 50% of annual salary up to two years for own occupation; age 65 for any occupation
• Optional, buy-up benefit covers from the 50% basic benefit to 65%
• You pay full cost of buy-up benefit, if elected; enrollment within 31 days of hire does not require proof of good health

Long-term care insurance

• Optional, payroll-deduction access to discounted group rates
• Covers custodial nursing care not covered by Medicare or health insurance if you become unable to care for yourself due to an illness or injury

Other benefit offerings

• Personal
• Tuition Reimbursement Program
• U.S. Savings Bonds
• Scholarship program for dependent children to age 26
• Endura Financial Federal Credit Union

Adoption benefit

• Reimbursement or qualified expenses for adoption of minor children, such as legal fees
• Up to $5,000 maximum lifetime reimbursement per employee

Employee Assistant Program (EAP)

• Confidential counseling and referral services for family, marital, legal, financial, or alcohol/drug abuse
• 24/7 phone assistance for employee or family members

ATK offers payroll-deduction discounts on the purchase of:

• MetLife home and auto insurance
• Virus-protection software for your home computer
• Dell computers

Voluntary vision benefit

• Coverage for your eye exams
• Discounts for eyeglasses and contact lenses

This is only a brief overview of benefits for eligible employees to consider during open enrollment. Benefits may vary among locations and may differ for unionized employees. Details about benefit programs are found in plan documents and summary plan descriptions. In the event of a conflict between this overview and plan documents, the plan documents will control the benefits that are provided.

Benefit programs listed represent offerings currently available for U.S.-based employees. Plans and programs for employees who work outside the U.S. will vary.

ATK reserves the right to change, amend, or terminate any of its benefit plans at any time in its sole discretion, including the right to change retiree benefits after the person has retired.