The benefits plan year runsJuly 1st, 2024, through June 30th, 2025. Unless you have aqualified change-in-status event that impacts your eligibility and the change isallowed under the terms ofthe insurance contract or plan document, you cannot make changes to your benefits until the next OpenEnrollment period.Benefit changes must be consistent with your qualified change-in-status event.Changes must be submitted to Human Resources within 30 days of the event; documentation supporting the change will be required.Change-in-Status EventsUnless you have a qualified change-in-status event that impacts your eligibility andthe change is allowed under the terms of the insurance contract or plan document,you cannot make changes to the benefits you elect until the next Open Enrollmentperiod. Some examples of qualified change-in-status events are highlighted below:Marriage or divorceBirth, adoption, or deathChange in employment, or employment status for you, your spouse, or your dependent childChange in coverage under another employer plan, such as a change made during your spouse’s Open EnrollmentSignal Peak Silica takes pride in providing acomprehensive employee benefits program,and we recognize the important roleemployee benefits play as a criticalcomponent of your overall compensation. Westrive to maintain a benefits program that isrewarding and competitive.WHAT’S INSIDE2Employee Resources Medical Plan Options Dental Plan Vision Flexible Spending Account Life/AD&D Voluntary Life and AD&D Short- Term Disability Voluntary Long-Term Disability 401(K) Additional Benefits Who is eligible for benefits?All full-time employees who work a minimum of 30 hours per week are eligible for benefits. For new hires, benefits are effective on the 1st of the month following date of hire.In addition to enrolling yourself, you may also enroll any eligible dependents. Eligible dependents are defined below:• Spouse: a person to whom you are legally married by ceremony• Domestic Partner• Child(ren): Your biological, adopted, or legal dependents up to age 26 regardless of student, financial, and marital status; coverage for a dependent child will terminate at the end of the month in which the child turns age 26
EMPLOYEE RESOURCESEMPLOYEE CONTRIBUTIONS PER PAY PERIODBased on 26 pay periods per year3Carrier Name Group # Website Phone NumberCignaMedical/RXwww.myCigna.com (best to register)1.Find a doctor, dentist, or facility2.Log-in, or search ‘Plans through employer’3.Enter address, city, or zip code4.Select doctor by type, name, or facility5.Select a Plan/Network:
Open Access Plus (both plans)(800) 244-6224GuardianDental00563471www.guardianlife.com1. Click “Find a Dentist”2. Select “DentalGuard Preferred”3. Enter your search criteria(888) 600-1600GuardianVision00563471www.guardianlife.com1.Click “Find a Vision Provider”2. Select “VSP” network3. Enter search criteria(800) 638-3120GuardianLife/AD&D00563471www.guardiananytime.com(800) 525-4542GuardianDisability00563471www.guardiananytime.com(800) 525-4542The Harrison GroupFlexible Spendingwww.theharrisongrouponline.com (610) 853-9075Alliance Plan401(k)www.Alliance-Plan.com (800) 406-4015GuardianEmployee AssistanceProgram (EAP)00563471 https://worklife.uprisehealth.com (800) 386-7055GuardianTravelAid ProgramTravelAid ID: 329111Email: assistance@uhcglobal.com (410) 453-6330Plan FeaturesEmployee Employee + SpouseEmployee + Child(ren)Employee + FamilyMEDICAL— Cigna $250 Standard PPO$76.00 $172.00 $134.00 $220.00$0 Premier PPO$103.00 $236.00 $185.00 $302.00DENTAL—GuardianDental PPOIncluded in Vision PremiumVISION—GuardianVision PPO$2.00 $4.00 $4.00 $6.00
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Summary of CoverageMedical Coverage4Plan FeaturesCigna HealthcareIN-NETWORK $250 Standard PPO $0 Premier PPOProvider NetworkOpen Access Plus PPO Open Access Plus PPOMedical Deductible(Individual / Family)$250 / $750 $0 / $0Coinsurance (Member Responsibility) 20% after deductible 0% after deductible Medical Out-of-Pocket Maximum$2,500 / $7,500 $4,000 / $12,000(Individual / Family)Preventive CareNo Charge No ChargePrimary Care Visit$20 copay $20 copaySpecialist Visit$40 copay $40 copayTelehealthNo Charge No ChargeSurgery & Facility Services20% after deductible $125 copayDiagnostic Test (x-ray, blood work) No charge; deductible does not apply No charge, Office visit copay may applyComplex Imaging (CT/PET scans, MRIs)20% after deductible No chargeOutpatient Procedure20% after deductible No chargeInpatient Stay20% after deductible $0 copay Emergency Room$200 copay per visit + 20% coinsurance $125 copay per visitUrgent Care$40 copay $70 copayPharmacy Out-of-Pocket Maximum(Individual / Family)$3,000 / $3,800 $3,000 / $3,800Retail Pharmacy (30-day supply)-Generic$15 copay $15 copay-Preferred Brand$30 copay $25 copay-Non-Preferred Brand $60 copay $45 copay-Preferred Specialty$60 copay $45 copay-Non-Preferred Specialty $250 copay $250 copayMail Order Pharmacy (90-day supply)*Excludes Specialty drugs$38 / $75 / $150 $38 / $63 / $113OUT-OF-NETWORK $250 Standard PPO $0 Premier PPOMedical Deductible$2,000 / $6,000 $500 / $1,500(Individual / Family)Coinsurance (Member Responsibility) 40% after deductible 30% after deductible Medical Out-of-Pocket Max(Individual / Family)$12,000 / $36,000 $4,000 / $12,000
9Convenient? Yes. Costly? No.Medical virtual care for minor conditions costs less than ER or urgent care center visits, and maybe even less than an in-office primary care provider visit.Life is demanding. It’s hard to find time to take care of yourself and your family members as it is, never mind when one of you isn’t feeling well. That’s why your health plan through Cigna includes access to minor medical and behavioral/mental health virtual care.Whether it’s late at night and your doctor or therapist isn’t available or you just don’t have the time or energy to leave the house, you can:• Access care from anywhere via video or phone.• Get minor medical virtual care 24/7/365 – even on weekends and holidays.• Schedule a behavioral/mental health virtual care appointment online in minutes.• Connect with quality board-certified doctors and pediatricians as well as licensed counselors and psychiatrists.• Have a prescription sent directly to your local pharmacy, if appropriate.Virtual Visits 5
Minor medical virtual careBoard-certified doctors and pediatricians can diagnose, treat and prescribe most medications for minor medical conditions, such as:• Acne• Allergies• Asthma• Bronchitis• Cold and flu• Constipation• Diarrhea• Earaches• Fever• Headaches• InfectionsMDLIVE providers can also conduct virtual wellness screenings.Connect with virtual care your way.• Contact your in-network provider or counselor• Talk to an MDLIVE medical provider on demand on myCigna.com• Schedule an appointment with an MDLIVE provider or licensed therapist on myCigna.com• Call MDLIVE 24/7 at 888.726.3171Behavioral/Mental health virtual careLicensed counselors and psychiatrists can diagnose, treat and prescribe most medications for nonemergency behavioral/mental health conditions, such as:• Insect bites• Joint aches• Nausea• Pink eye• Rashes• Respiratory infections• Shingles• Sinus infections• Skin infections• Sore throats• Urinary tract infections• Addictions• Bipolar disorders• Child/Adolescent issues• Depression• Eating disorders• Grief/Loss• Life changes• Men’s issues• Panic disorders• Parenting issues• Postpartum depression• Relationship and marriage issues• Stress• Trauma/PTSD• Women’s issuesTo connect with an MDLIVE virtual provider, visit myCigna.com, locate the “Talk to a doctor or nurse 24/7” callout and click “Connect Now.” To locate a Cigna Behavioral Health provider, visit myCigna.com, go to “Find Care & Costs” and enter “Virtual counselor” under “Doctor by Type,” or call the number on the back of your Cigna ID card 24/7.Medical and behavioral/mental health virtual care is available from MDLIVE.*Availability may vary by location and plan type and is subject to change. See vendor sites for details.Cigna provides access to virtual care through national telehealth providers as part of your plan. Providers are solely responsible for any treatment provided to their patients. Video chat may not be available in all areas or with all providers. This service is separate from your health plan’s network and may not be available in all areas or under all plan types. A primary care provider referral is not required for this service.In general, to be covered by your plan, services must be medically necessary and used for the diagnosis or treatment of a covered condition. Not all prescription drugs are covered. Product availability may vary by location and plan type and is subject to change. All group health insurance policies and health benefit plans contain exclusions and limitations. See your plan materials for costs and details of coverage, including other telehealth/telemedicine benefits that may be available under your specific health plan.All Cigna products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Cigna Health and Life Insurance Company (CHLIC), Cigna Behavioral Health, Inc., and HMO or service company subsidiaries of Cigna Health Corporation, including Cigna HealthCare of Arizona, Inc., Cigna HealthCare of California, Inc., Cigna HealthCare of Colorado, Inc., Cigna HealthCare of Connecticut, Inc., Cigna HealthCare of Florida, Inc., Cigna HealthCare of Georgia, Inc., Cigna HealthCare of Illinois, Inc., Cigna HealthCare of Indiana, Inc., Cigna HealthCare of St. Louis, Inc., Cigna HealthCare of North Carolina, Inc., Cigna HealthCare of New Jersey, Inc., Cigna HealthCare of South Carolina, Inc., Cigna HealthCare of Tennessee, Inc. (CHC-TN), and Cigna HealthCare of Texas, Inc. Policy forms: OK–HP-APP-1 et al. (CHLIC); OR–HP-POL38 02-13 (CHLIC); TN–HP-POL43/HC-CER1V1 et al. (CHLIC), GSA-COVER, et al. (CHC-TN). The Cigna name, logo, and other Cigna marks are owned by Cigna Intellectual Property, Inc.937207 b 08/20 © 2020 Cigna. Some content provided under license.66Virtual Visits
7Dental CoverageSummary of Coverage*Guardian will rollover a portion of your unused annual maximum into your personal Maximum Rollover Account (MRA). If you reach your annual maximum in future years, you can use money from your MRA. To qualify for an MRA, you must have a paid claim (not just a visit) and not have exceeded the paid claims threshold during the benefit year. Your MRA may not exceed the MRA limit.Plan FeaturesGuardianProvider NetworkDentalGuard Preferred NetworkIN-NETWORKCalendar Year Maximum$1,500 Annual Deductible (Individual / Family) $0 / $0Preventive Care0%•Oral exam •Routine cleanings •X-rays •Sealants (per tooth)Basic Procedures0%•Simple extractions•Composite Fillings•Anesthesia (restrictions apply)•Scaling & Root Planing (per quadrant)Major Procedures50% after deductible•Dentures •Single Crowns•Surgical Extractions•BridgesOrthodontia (Dependent Children under the age of 26)50% after deductibleOrthodontia Lifetime Maximum$1,000 Maximum Rollover Benefit*•Threshold$700 •Rollover Limit$350 •Rollover Account Limit$1,250 OUT-OF-NETWORKOut-of-Network Claim Payment Basis 90th UCR
8Summary of Coverage*Benefit includes coverage for contacts or glasses, not both.**For the discount to apply, your purchase must be made within 12 months of the eye exam. Members can use their In-Network benefits online at www.eyeconic.com. Plan FeaturesGuardianIn-NetworkOut-of-Network ReimbursementProvider NetworkVSP Choice Vision Exam$10 copay Up to $39Prescription Lenses*Single $25 copay Up to $23Lined Bifocal $25 copay Up to $37Lined Trifocal $25 copay Up to $49Lenticular $25 copay Up to $64Frames$130 allowance + 20% discount on balance over allowanceUp to $46Elective Contact Lenses*$130 allowance Up to $100Medically Necessary Contact Lenses$0 copay; covered in full for members with specific conditionsUp to $210Laser Correction Surgery DiscountUp to 15% off the usual charge or 5% off the promotional pricingN/AAdditional pairs of frames and lenses20% off retail price** N/AFrequency (from date of last service)ExamEvery 12 MonthsLensesEvery 12 MonthsContactsEvery 12 MonthsFramesEvery 24 MonthsVision Coverage
9Flexible Spending Account (FSA)What is a Flexible Spending Account (FSA)?FSAs provide you with an important tax advantage benefit that can help you pay healthcare and dependent care expenses on a pre-tax basis. By anticipating your family’s healthcare and dependent care costs for the next plan year, you can lower your taxable income.Healthcare FSAThe Healthcare FSA lets you pay for certain IRS-approved medical care expenses not covered by your insurance plan with pre-tax dollars. For example, cash that you now spend on deductibles, copayments, or other out-of-pocket medical expenses can instead be placed in the Healthcare FSA pre-tax, to pay for these expenses. The annual maximum for contribution for 2024 to the Healthcare Reimbursement FSA is $3,200. Dependent Care FSAEligible dependent care expenses include the cost of licensed childcare facility, nursery or preschool, and the cost of an adult dependent’s care inside or outside of your household. Funds contributed towards Dependent Care FSA are not front-loaded and they do not rollover. Keep these things in mind: ➢ $5,000 annual maximum per household or $2,500 if married and filing separate tax returns.➢ To qualify, you and your spouse must be employed, or your spouse must be a full-time student or looking for work➢ Record expenses for dependent children under age 13 you claim on your taxes, or a disabled spouse or dependent of any age➢ If dependent care expenses are reimbursed from your Dependent Care FSA, these expenses cannot be claimed as a dependent care tax credit on your federal tax returnEligible ExpensesEligible healthcare expenses for the Healthcare FSA include more than just your deductible and copayments. The IRS publishes a detailed annual list of qualified eligible expenses. You can visit www.irs.gov/publications/p502/index.html. “Use it or Lose it”According to IRS regulations, the money you contribute to the FSA must be used for expenses incurred during the plan year in which you make the election. You can rollover a maximum of up to $640 into the next plan year providing you keep an active account the following year; however, any money not used that exceeds $640 will be forfeited. Visit www.irs.gov for additional information about Flexible Spending Accounts.
10Summary of CoverageTerm Life and AD&DAccelerated Life Benefit – A lump sum benefit is paid to you if you are diagnosed with a terminal condition, as defined by the plan.Conversion – Allows you to continue your coverage after your group plan has terminated.Portability – Allows you to take coverage with you if you terminateemployment..Waiver of Premium – For employees disabled prior to age 60, premiums will be waived until age 65 if conditions are met.Who Is Eligible:All Active, full-time, regularexempt employeesBenefits You Receive:Signal Peak Silica provides every eligible employee with group term life and AD&D insurance equal to $50,000 at no cost to you. Coverage is automatic and does not require an election, but beneficiary designation is required.Designating a Beneficiary:You must name a person(s) or entity to receive benefits in the event of your death. The beneficiarydesignation applies to your group term life and AD&D and voluntary life AD&D insurance. Contact HumanResources to update your beneficiary information. You can update your life insurance beneficiary at any timethroughout the year and as many times as needed.Summary of CoverageGroup Term Life and AD&D (Employer Paid)Plan FeaturesEmployer Paid Term Life and AD&DEmployee Life Benefit$50,000 Employee AD&D Benefit$50,000 Included BenefitsAccelerated Death Benefit, Conversion, Portability, and Waiver of PremiumThe following benefit reduction schedule shows how much benefits are reduced at certain ages:AgeBenefit reduces to:6575%7050%
11Summary of CoverageVoluntary Life and AD&DSummary of CoverageSpousal coverage is based on the employee’s ageAnnual Election Option – If you are a continuing employee, you can increase your coverage by $50,000 without providing evidence of insurability. Accelerated Life Benefit – A lump sum benefit is paid to you if you are diagnosed with a terminal condition, as defined by the plan.Conversion – Allows you to continue your coverage after your group plan has terminated.Portability – Allows you to take coverage with you if you terminate employment.Waiver of Premium – For employees disabled prior to age 60, premiums will be waived until age 65 if conditions are met.Designating a Beneficiary:You must name a person(s) or entity to receive benefits in the event of your death. The beneficiarydesignation applies to your group term life and AD&D and voluntary life AD&D insurance. Contact HumanResources to update your beneficiary information. You can update your life insurance beneficiary at any timethroughout the year and as many times as needed.CoverageVoluntary Term Life and AD&D (Employee Paid)Guaranteed Issue Amount*(new hires under age 70 only)Minimum MaximumIncrement AvailableEmployee $10,000 Up to $500,000 Age 70+: Up to $50,000Units of $10,000< Age 65: Up to $150,000; 65-69: $50,000; 70+: $10,000Spouse $5,000 Up to $250,000 Units of $5,000< Age 65: Up to $30,00065-69: $10,000Child(ren) $10,000 Age 6 months to 26 years old: $10,000Age 14 days to 6 months: $250$10,000 $10,000 Included Benefits Accelerated Death Benefit, Portability, Conversion, & Waiver of PremiumThe following benefit reduction schedule shows how much benefits are reduced at certain ages (Employee):Age Benefit Reduces to: 65 65%70 40%75 25%80 10%The following benefit reduction schedule shows how much benefits are reduced at certain ages (Spouse):Age Benefit Reduces to:65 65%70 Spousal insurance terminates at age 70
12Summary of CoverageDisability Insurance*A pre-existing condition is one for which you have received medical treatment, consultation, care or services including diagnostic measures, or if you were prescribed ortook prescription medications in the predetermined time frame prior to your effective date of coverage. The pre-existing condition under this plan is 3/12 which means anycondition (including pregnancy) that you receive medical attention for in the 3 months prior to your effective date of coverage that results in a disability during the first 12months of coverage would not be covered.Plan FeaturesShort-TermDisability (EmployER Paid)Employee Benefit Amount 66.67% of weekly earningsMaximum Benefit Amount $1,500 per weekElimination Period (Waiting Period) 7 DaysBenefit Duration 12 WeeksPre-Existing Condition Exclusion NoneWhy do you need Short-Term Disability?Disability insurance covers a part of your income, so you can pay your bills if you’re injured or sick and can’t work. Accidents happen, and you can’t always anticipate if or when you’ll become sick or injured. That’s why it’s important to have a disability policy that helps you pay your bills in the event of being unable to collect your normal paycheck. STD replaces part of your income if you are unable to work due to an accident, illness, or if you are expecting a new addition to your family. Maternity Leave is one of the most common STD claims.As an active, full-time employee of Signal Peak Silica, you are eligible for STD coverage through Guardian at no cost to you.Plan FeaturesLong-Term Disability(EmployEE Paid)Employee Benefit Amount 60% of monthly earningsMaximum Benefit Amount $5,000 per monthElimination Period 90 daysOwn Occupation Period 2 YearsBenefit Duration Social Security Normal Retirement Age (SSNRA)Pre-Existing Condition Exclusion 3 / 12*Why do you need Voluntary Long-Term Disability?A lengthy disability can be devastating and is more common than you may think. Long-term disability may lead toa loss of income, independence, and financial security. A disability insurance policy can help provide securitywhen you need it most and it pays you cash benefits when you’re sick or hurt and cannot work. Long- Term Disability is voluntary, meaning the employee is responsible for the premiums.
13410(k)401(K) PLAN HIGHLIGHTS1. Plan NameFoxrock Ranch Holding Company, LLC d/b/a Signal Peak Silica, LLC4605 Post Oak Place Drive, Suite 100Houston, Texas 770272. Plan ProvidersAlliance Pension Consultants → Plan Administrator and RecordkeeperOak Street Wealth Management → Investment AdvisorCharles Schwab → Holds and safeguards your funds3. Eligibility18 years of age and one month of serviceEnter the following quarterQ1 – January 1Q2 – April 1Q3 – July 1Q4 – October 14. Auto-Enrollment3% auto-enrollmentAutomatic increase of 1% each year up to a maximum of 10% (only applicable to auto-enrolled participants)5. Employee Contributions/DeferralsPre-tax deferrals (% and flat amounts)Roth After-tax deferrals (% and flat amounts)Rollover funds from qualified retirement plans6. Employer QACA Safe Harbor Match100% match on the first 1% of compensation deferred and 50% match on deferrals between 1% and 6% (3.5% total match)7. Vesting Schedule< 2 Years = 0 vested2 + Years = 100% vestedYou are always 100% vested in any contributions that you make to your accountTenure with Preferred counts toward your vesting8. 2024 Annual Contribution Limits401(k) Deferral → $23,000Catch-up Contribution → $7,500 (must attain age 50 during plan year)Annual Compensation Considered → $330,0009. Distribution of Funds Age 59 ½ in-service, Age 65 Retirement, Disability, Death, or Hardship Distributions10. LoansLoans are available – one loan at a time, minimum amount is $1,000
14Additional BenefitsThe Employee Assistance Program can help with:• Emotional well-being• Family and relationships• Legal and financial matters• Work and lifestyle transitions• Legal assistance• Grief, loss, and life adjustments• Relationship/martial conflicts• Stress, anxiety, depression• Divorce, adoption, family law,trusts• Online support andmoreOur EAP is a comprehensive resource providing access to professional assistance for a wide range of personaland work-related issues. The service is available to you and your immediate family members twenty-four hours aday, 365 days a year, and provides resources to help employees find solutions to everyday issues. Servicesinclude unlimited phone counseling with master’s-level consultants to help with more serious issues, and onlineresources. Participation is voluntary and strictly confidential. Sample topicsinclude:You have options! To speak to a counselor, or to learn more about your EAP plan.Call: 1-800-386-7055Visit: www.worklife.uprisehealth.comAccess code: worklifeExpect the UnexpectedTravelAid is a comprehensive Assistance Services program providing 24/7 emergency medical and travel assistance services when you are outside your Home Country or 100 or more miles away from your primary residence in your Home Country. The program also provides emergency security assistance services when you are outside of your Home Country. Expatriates are eligible for security services while in your Host Country or when traveling outside of your Home Country.The program provides Medical Evacuation & Repatriation Services, Medical Assistance Services, Security & Political Evacuation Services, Destination Intelligence, and Travel Assistance Services. The following identification information is key to your travel security. Employee Assistance Program (EAP)TRAVELAID ID: 329111Notice to physicians / hospitals: call United Healthcare Global immediately for benefits verifications and procedures. Call 24 hours a day (multilingual). If you do not have access to a phone, email for assistance. +1-410-453-6330assistance@uhcglobal.comTravelAid - 24/7 Emergency Medical & Travel Assistance