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| Issue: #11 Vol. 3 |
November/2008 |
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Greetings! 
Greetings from the staff here at Omni Resource, Inc.!
We would like to wish everyone a safe and happy holiday season!
Please take a moment to read over this issue as we would like to remind you of very important upcoming events. |
| 2009 401k Open Enrollment |
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January 2009
For participating clients please note the dollar limitations for 401k will be increased January 1, 2009:
- Deferrals - $16,500
- Catch-up - $5,500 (if 50 or older)
- Compensation - $245,000 (maximum income company contributions can be based on)
If an employee is interested in enrolling in or adjusting their 401k contributions for 2009 please have them contact Omni Resource or Benexx at 800-668-0811. |
| 2009 FSA Open Enrollment |
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December 2008
All full time employees are eligible to participate in our flexible spending plan. Our plan includes two options, first is the Flexible Spending account used for unreimbursed medical, dental and vision expenses. The second is the Dependent Care Reimbursement account which allows participants to pay for dependent care with pre-tax dollars.
For companies with an HSA Health Plan there is a "limited purpose" FSA for dental and vision expenses.
PayFlex, our plan adminstrator has an internet site www.PayFlex.com for your convenience. Employees can register with PayFlex to check account balances, download claim forms and access general plan information.
If your employees are interested they must send in the completed enrollment form to Omni Resource by November 30, 2008. Current participants must submit a new form for 2009 elections. You should have recieved an email containing this information, if you did not, please let us know.
Contact Kate Duvall at 410-224-7550 with any questions.
Please fax all enrollment forms to 1-866-410-6415.
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| Payroll Holiday Schedule |
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THANKSGIVING
If your payday is Nov. 28, 2008 your timesheets must be submitted no later than Nov. 25, 2008. If you're normally paid on Thursday your payday will be Wed. Nov. 26, 2008. Omni will be closed on Nov. 27 and 28, 2008.
Omni will close at 12:00 PM on Friday Dec. 12, 2008.
CHRISTMAS
If your scheduled pay date is Dec. 25, 2008 your timesheets must be submitted to Omni no later than Dec. 22, 2008. If you're normally paid on Thurs. your payday will be Wed. Dec. 24, 2008. All pay dates scheduled for Dec. 26, 2008 will remain the same. Omni will be closed on Dec. 25 and 26, 2008.
PLEASE SUBMIT ALL BONUS PAYROLLS NO LATER THAN 1:00 PM FRIDAY, DEC. 19, 2008.
NEW YEAR'S DAY
If your scheduled pay date is Jan. 1, 2009 your timesheets must be submitted to Omni no later than Dec. 26, 2008. (Timesheets must be submitted regardless of office closings). If you're normally paid on Thurs. your payday will be Wed. Dec. 31, 2008. Omni will be closed on Jan. 1, 2009.
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| IMPORTANT W-2 Information! |
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Please have ALL employees verify their paystubs for correct Names and Addresses!
Submit any updates or corrections ASAP!
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| Tis' the Season to Share |
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The staff at Omni Resource donates to several organizations including, Light House Shelter, St. Rita's soup kitchen and the Boys and Girls Club of Annapolis. During the holiday season we encourage you to share your good fortune with the community.
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"What you get by achieving your goals is not as important as what you become by achieving your goals"
-Zig Ziglar
Sincerely,
Jeff Jenson Omni Resource, Inc |
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