Benefits

Note: To all employees participating in the South Point medical, dental and vision plans.

South Point has set up a Section 125 premium only plan that enables you to have your contributions for the medical, dental and vision plans deducted pre-tax. This IRS statute enables you to save up to 30% of what you contribute toward your coverage because it is not taxed. The plan is set up so that you are automatically enrolled. If you want to participate nothing needs to be done. If you do not wish to participate please request a form declining participation. The election may only be changed during open enrollment once a year and may not be changed at any other time.

Copies of the Summary Plan Description are available in the Benefits Office.


To Our Valued Employees:

At South Point Hotel & Casino we believe our employees are the key ingredient to continued success. We take great pleasure in making available to you the Company Group Benefits Plan. Developed through South Point Benefits, you will find your plan to be a comprehensive benefits package which includes medical, dental, vision, life and 401 (k) retirement, as well as supplemental coverage offering disability, additional life, and personal accident insurance.

We take a hands-on approach with these plans through in-house management, in partnerships with selected service organizations who share our goals and vision. This allows us to provide a consistent level of administration, and ensure timely claims processing while maintaining cost efficiencies for both the employees and the Company.

It is important that you read the contents of this Group Benefits Plan booklet so you have a clear understanding of the benefits available to you and how to best make use of your benefits. The cost of your plan is in the direct proportion to the claims paid. Therefore, it is important that all employees and their families use their benefits wisely so the costs will remain affordable.

Sincerely,

Michael Gaughan