06.08.2015 Views

Employee Benefits Brochure 2015-2016.pdf

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ADDITIONAL BENEFITSGROUP AUTO AND HOMEOWNERSINSURANCEToll Brothers partners with Kemper Direct preferredinsurance to offer you Group Auto and HomeownersInsurance*.You can enjoy group discounts with the addedbenefit of paying for the insurance through payrolldeductions, instead of having to pay through aseparate carrier.You can enroll anytime throughout the year bycontacting Kemper Direct preferred insurancedirectly at 800-637-2782 or www.kemperdirect.com.* New Jersey residents are offered Group Auto andHomeowners Insurance through MetLife. For moreinformation, contact MetLife at 800-438-6388.SECTION 529 PLANThis plan, offered through CollegeBound, allows youto save dollars now for the future higher educationexpenses of a beneficiary. The money you save in a529 Plan can be used for tuition, fees, books, suppliesand equipment required for study at any accreditedcollege, university or vocational school in the UnitedStates (and at some foreign universities).Room and board, as long as the beneficiary is apart-time student or greater, can also be paid for bythe 529 Plan.STOCK PURCHASE PLANThe Stock Purchase Plan provides eligible employees ofToll Brothers with the opportunity to own stock inthe company.EligibilityAll employees of Toll Brothers who are employed for20 hours or more per week are eligible to participate inthe Stock Purchase Plan on the first day of the monthfollowing 60 days of service (except for employeeswho own 5% or more of the company’s stock). Onceyou become eligible, you may enroll in the StockPurchase Plan at any time throughout the year.Purchasing Company SharesPurchases of shares under the plan are made throughpayroll deductions or by cash payment. You may makepurchases at either a 5% or 15% discount of the publicshare price. Shares purchased at a 15% discount areheld for 3 years before they can be sold or transferred.Shares purchased at a 5% discount have no restrictions.Offer PeriodsThere are four offer periods in each calendar year. Thefour offer periods start on the first business day of thecalendar quarter. For specific dates of purchase andadditional details regarding the Toll Brothers StockPurchase Plan, please contact the <strong>Benefits</strong> Group at866-947-3378, or visit the <strong>Benefits</strong> T-Net page.For more information, contact CollegeBound at888-324-5057 or visit www.collegeboundfund.com.16

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