Florida Rock and Tank Lines

Benefits Package

Drivers and Hourly Employees

 

2007 Summary of Benefits:

Health, Dental & Vision Insurance all available

Paid Time Off for Vacation

Paid Holidays, Jury Duty and Funeral Leave

 

FREE Short Term Disability Insurance

FREE Accidental Death Insurance

FREE Life Insurance

 

401k Plan with 50% Company Match

Flexible Spending Accounts Available

Tuition Reimbursement

See below for details:

                                                                               

Paid Time Off

Effective:            After one year of continuous employment.

Benefit:               1 week earned after one year of continuous employment

                          2 weeks after 2 years

                          3 weeks after 10 years

                          4 weeks after 20 years

 

Holidays

Effective:            First holiday following employment.

Benefit:               Provides six paid holidays.

·         New Year’s Day

·         Memorial Day

·         Independence Day

·         Labor Day

·         Thanksgiving Day

·         Christmas Day

 

Jury Duty

Employees are paid an hourly rate for each day served as a juror.

 

Bereavement Leave

Employees are paid at the regular rate of pay for up to 2 days when a death occurs in the family and up to 4 days when the funeral occurs out of town.

 

Health Coverage:

Blue Cross Blue Shield of South Carolina

Available: After 3 months of continuous employment.

 

                                                          Plan  A         

Deductible                                   $750—3 x family

Out of Pocket Max                              $3,000

Co-pay    primary                                 $20

Co-pay specialist                  (Deductible/coinsurance)

Coinsurance                            80/20% (in network)

Prescriptions

                Generic                            $5 co-pay

                Preferred                        $40 co-pay

                Non-preferred                 $60 co-pay


 

                                                          Plan B         

Deductible                                   $550—3 x family

Out of Pocket Max                              $2,500

Co-pay    primary                                 $20

Co-pay specialist                                  $40

Coinsurance                            80/20% (in network)

Prescriptions

                Generic                            $5 co-pay

                Preferred                        $30 co-pay

                Non-preferred                 $50 co-pay

 

                                                          Plan C         

Deductible                                            $150

Out of Pocket Max                                $750

Co-pay    primary                                 $15

Co-pay specialist                                  $35

Coinsurance                          90%/10% (in network)

Prescriptions

                Generic                            $5 co-pay

                Preferred                        $25 co-pay

                Non-preferred                 $40 co-pay

 

Dental Coverage: Delta Dental

Available: After 3 months of continuous employment.

                                                                        Standard       

Deductible                                                            $50

Preventive                                                          100%

Basic                                                                    80%

Major                                                                   50%

Orthodontia                                                          50%

Orthodontia Lifetime Maximum                            $1,000

Annual Maximum                                                $1,000

 

                                                                          Deluxe         

Deductible                                                            $50

Preventative                                                       100%

Basic                                                                    80%

Major                                                                   80%

Orthodontia                                                          50%

Orthodontia Lifetime Maximum                            $1,000

Annual Maximum                                               $1,250

 

Vision Plan: Spectera

Available: After 3 months of continuous employment.

 

                                                In-Network     Out-of-Network

Eye Exam                                100%           up to $40

Frames                                    100%           up to $45

Necessary Contacts 100%           up to $210

Elective Contacts

–Covered-in-full

contacts                                    100%           up to $150

–all other elective contacts       

                                                up to $150 up to $150

Spectacle Lenses    

–Single Vision                          100%             up to $40

–Bifocal                                    100%             up to $60

–Trifocal                                   100%             up to $80

–Lenticular                               100%              up to $80

 

    $15 Exam co-pay     $30 Materials co-pay


 

Pre-Paid Legal Plans

Commercial Driver Legal Plan (CDLP) covers employee and spouse/domestic partner in any vehicle you are licensed to drive. Coverage includes: representation for: serious moving traffic violations, tragic accidents, vehicular manslaughter/homicide, DOT violations, license reinstatement, personal injury and property damage collection.

 

Family Plan: Covers employee and immediate family for legal support in: consultations, attorney letters, contract and document review, Will preparation, moving traffic violations, motor vehicle criminal charges, trial defense, IRS audits and more.

 

Flexible Spending Accounts

   

Available: After 3 months of continuous employment.

 These enable you to pay for eligible out-of-pocket healthcare and/or dependent care expenses with pre-tax dollars. Your predetermined election amount is deducted on a pre-tax basis in equal increments and contributed to your account(s). Use the healthcare account to pay for prescriptions, co-pays, orthodontics, and any other out-of-pocket expenses that may not be covered by insurance.

                The dependent care account covers children under 13 in after school care and and/or summer camp and elderly or disabled care.

     When eligible expenses are incurred, fax or mail the completed claim form to FlexAmerica for reimbursement the following week. The Flex Debit card covers many medical purchases with no reimbursement necessary.

 

Salary Continuance Program

(Short-Term Disability)

NO COST TO EMPLOYEES

Effective:          After three months of continuous employment. Benefit is available after 7 consecutive calendar days of total disability to include one standard work week.

Benefit:             66 2/3% of base annual wages up to 12 weeks of total or partial disability.  Benefit is contingent upon continued medical documentation.

 

Long Term Disability ($1.75 per week)

Available:        After 3 months of continuous employment.

Benefit:             65% of base annual wages up to age 65 or when disability ends, whichever is earlier. Benefit is contingent upon continued medical documentation

 

 

401k Profit Sharing &

Deferred Earnings Plan

Administered by SunTrust

 

Effective:      After three months of continuous employment.

Benefit:         For every dollar you put into the plan, the company will contribute $0.50, up to 6% of your eligible compensation.

Vesting:       You will be 20% vested at 1 year

                    40% at 2 years

                    60% at 3 years

                    80% at 4 years   

                    100% at 5 years

 

Life Insurance

NO COST

Effective:      After 3 months of continuous employment.

Benefit:          Benefit is equal to one times the annual base wages or a minimum of $40,000 and a maximum of $50,000

 

Accidental Death & Dismemberment

NO COST

Effective:          After 3 months of continuous employment.

Benefit:     Benefit is equal to one times the annual base salary or a minimum of $40,000 and a maximum of $50,000

 

Additional Buy-Up Life Insurance and

Additional Accidental Death Insurance is also available.

 

Employee Assistance Program

Effective:          First day on the job.

Benefit:             Professional counseling services available to all employees and their family members at no cost. Services include, marital, parenting, financial, personal, substance abuse and mental health counseling

 

Scholarships

Effective:          After three years of active service.

Benefit:             Provides employee’s dependents the opportunity to apply for awards from $500 up to $1,500 each for college, vocational or technical studies.

 

Travel Accident Insurance

Effective:  FIRST day of employment

Benefit:     $50,000 policy for accidental death coverage while traveling on the job.

 

Tuition Reimbursement

Effective:          After six months of continuous employment.

Benefit:             Based on state school cost the Company will reimburse tuition, laboratory and library fees, required course textbooks, and registration fees for any approved courses the employee successfully completes. Requires pre-approval.

 

OUR BUSINESS

 

Florida Rock & Tank Lines, Inc. is a southeastern transportation company concentrating in hauling by motor carrier of liquid and dry bulk commodities. Our company is a subsidiary of Patriot Transportation Holding, Inc. Patriot is a publicly traded company listed on The NASDAQ Stock Market and whose common stock is traded under the symbol of "PATR". Patriot is engaged in the transportation and real estate businesses conducted through subsidiaries.

To learn more about Patriot and to keep up-to-date on latest news, visit our website at http://www.patriottrans.com/