Open Enrollment

October 7th - 18th, 2024

888-598-2040 or www.benefitsolver.com

Important Notice for Employees Currently Enrolled in Whole Life

Effective 1/1/2025, Magnum will no longer provide this benefit via payroll deduction. You will receive a letter from UNUM in January 2025 outling continuation of your coverage with two payment options (automatic bank draft or direct billing to your home).  Please contact HR if you have any questions at 701-561-7044 or [email protected].

Whole Life vs Term Life Insurance

Benefits Overview

Magnum, LTD. is proud to offer a comprehensive benefits package.

A great deal of time and effort has been invested in designing, funding, and maintaining a quality benefit plan. You and your family can also play an important role in getting the most from your benefits by making sure that you understand them. When possible, you are offered options so that you can select the plan that best fits your needs. To get the most value from your benefits, carefully consider which options are right for you and your family. Because your premiums are generally deducted on a pre-tax basis, IRS regulations may prohibit you from making enrollment changes outside of annual enrollment, unless you experience a qualifying event.

Who is Eligible?

Full time employees and their dependents are eligible for Magnum, LTD’s benefits package on the first of the month following 30 days of employment, unless otherwise stated below. Eligible dependents include your spouse and children under age 26, married or unmarried.

When enrolling yourself, you will need to have your address and social security number readily available. When enrolling dependents (child(ren) and/or spouse), you will need to have their name, address, date of birth, and social security number readily available for each dependent.

 

Important Information

• Open Enrollment - What's New

• Benefits Guide 2025

• Benefits Summary 2025

Summaries & Forms

Dental

• Plan Summary

Booklet

 

Vision

Plan Summary

 

Life Insurance

• Basic Life and AD&D Plan Summary

Voluntary Life and AD&D Plan Summary

 

Disability

Short-term Disability Plan Summary

• Long-term Disability Plan Summary

 

Voluntary Benefits - Unum

Accident Insurance

Critical Illness

Hospital Insurance

 

Employee Assistance Program / Health Advocate

• Caring for you in all ways, Always - Poster

• Health Advocate - Brochure

• Work Life Concierge

 

LegalShield ID Shield **NEW in 2025**

Plan Highlights

• Microsite

Videos

These videos are an outline of the coverage proposed by the carrier(s), based on information provided by your company. It does not include all of the terms, coverage, exclusions, limitations, and conditions of the actual contract language. The policies and contracts themselves must be read for those details. Policy forms for your reference will be made available upon request

 

The intent of these videos are to provide you with general information regarding the status of, and/or potential concerns related to, your current employee benefits environment. It does not necessarily fully address all of your specific issues. It should not be construed as, nor is it intended to provide, legal advice. Questions regarding specific issues should be addressed by your general counsel or an attorney who specializes in this practice area.

Contact Information

If you have specific questions about any of the benefit plans, please contact the administrator listed below or your Human Resources.

Need to enroll, or have questions?

Benefits Call Center • 888-598-2040

Monday – Friday • 7:00am – 5:00pm CST

 

At Magnum we believe our most valuable asset, is our employees. Throughout the year we work with our employee benefit partners to ensure we offer benefits that are valued and designed to best meet the needs of our employees.

Benefits Call Center

211 S. 23rd Street

Plattsmouth, NE 68048

888-598-2040

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