Life and Accident Insurance

Group Term Life Insurance
Voluntary Term Life Insurance
Voluntary Accident Life (AD&D) Insurance


Retirement Overview


As you know, ARUP makes a significant profit sharing contribution each year for eligible employees. In May, we conducted an employee survey to gather feedback regarding a proposed change to how profit sharing is paid. We would like to thank those of you who responded to the survey. We had a great response rate with over 62% of employees indicating they are in favor of making this change, 21% not in favor and 17% had no preference.

Based on the feedback we received from employees we're very excited to announce that we are moving forward with the proposed change to the ARUP profit sharing program. Effective for FY2020, profit sharing will be paid through payroll and each eligible employee will have the option to have it paid as cash, defer it to the 403(b)/457(b) retirement plans or a combination. A summary of the previous profit sharing plan and the new profit sharing plan is as follows:

Previous Program

New Program - Effective FY2020 (Paid Sept 2020)

  • 5-Year Vesting
  • No Vesting
  • 1,000 hour requirement
  • No hour requirement
  • Must be employed on June 30
  • Must be employed when paid (will be paid no later than September 30 of each year)
  • Eligible on the first of the month following six months of employment
  • Eligible on the first of the month following six months of employment
  • Paid directly into retirement account
  • Employees are given the option to have it paid as cash, defer to 403(b)/457(b) retirement plans, or a combination
Retirement Plan Information


The new profit sharing will be 100% vested, which means it’s yours to keep once it’s paid. All profit sharing paid under the previous plan, including the payment for FY2019 (paid in September 2019), will continue to follow the five-year vesting schedule as follows:

Years of Service % Vested
< 2 Years 0%
2 Years 25%
3 Years 50%
4 Years 75%
5 Years or more 100%
Eligibility & Requirements

Hour Requirement

The new profit sharing plan will have no minimum hour requirement. Under the previous plan employees were required to work at least 1,000 hours during the fiscal year to be eligible for profit sharing.

Must be Employed When Paid

This is a change from our previous plan which required employees to be employed on June 30 to be eligible for profit sharing. Going forward all employees must be employed when it is paid in September. It will be paid no later than September 30 of each year.

Six-Month Eligibility

The six-month eligibility will remain the same under the new plan. New employees are eligible on the first of the month following six months of employment. The profit sharing amount is based on compensation earned after meeting the six-month eligibility requirement. Employees hired after November 30 of each year will not be eligible for the profit sharing payment until the following year since they won’t be eligible until July 1, which is after the end of the fiscal year. If you are rehired at ARUP your most recent hire date will be used to determine eligibility.

Method of Payment

You can decide how you want your profit sharing paid. You have the option to have it paid as cash, defer it to the 403(b) or 457(b) retirement plans or a combination. Any amount deferred into the 403(b) or 457(b) retirement plans can be made either pre-tax or Roth, or both. It is strongly recommended that you put as much as you can into your retirement account so you can continue to grow your retirement plan savings for the future. More details to come in selecting how you want your profit sharing paid.

ARUP continuously reviews our benefit offerings in order to optimize and enhance our total compensation package for employees. We are thrilled about these new and exciting changes to the profit sharing program and would like to thank all of you for taking the time to provide feedback. These changes provide flexibility for our employees and will ensure we are meeting the needs of our entire workforce. Thank you for your hard work and everything you do to make ARUP successful which allows us all to share in the profits that we earn.

Medicare/Social Security

Medicare/Social Security

Senior Benefits (Medicare)
Capita (Social Security)

Kashable Loans

Kashable Loans Overview

Kashable is a financial wellness program that provides employees access to socially responsible, low-cost credit to help bridge the financial gap caused by personal emergencies and other times of hardship.

Kashable is offered through the convenience of payroll deductions, and because the program is offered through ARUP, it provides employees with their most competitive unsecured credit option in the market. With access to low-cost credit, employees can tackle costly, high-interest debt and avoid it in the future.

To be eligible for a Kashable loan, employees must have at least 12 consecutive months of employment with ARUP Laboratories. Employees that live in NY, NJ and OK are not eligible to apply for this loan."