Welcome to Bene-FACTS, your online resource for Company-sponsored benefit plans that may apply to you. Here you'll find everything you need to know about the benefit plans for which you may be eligible including important announcements & mandatory postings, open enrollment dates, plan summaries & supporting documents, forms, links to vendors, all just a click away.

Open Enrollment for Health Plans - July 6th through July 17th

This is the time of year when you can make changes to your medical, dental and vision coverage, which are effective August 1st.

For this new plan year, we've made two enhancements to plan design.

  • Vision: Increased frame allowance to $145 from $120.
  • Life Insurance: Increased benefit to $50,000 from $20,000. If you're enrolled in the group medical or dental plan, you're automatically enrolled in the Company-paid basic life insurance plan at no additional cost. Now is a good time to designate or update your beneficiary form.
  • All other plan benefits remain the same.

These changes, effective August 1, 2015 through July 31, 2016, are posted, click on "Open Enrollment" tab. An Open Enrollment package was also sent to your home using the most current address we have on file.

Only those of you who want to enroll, cancel, add or delete dependents, switch plans or make any other changes to your current medical, dental or vision coverage need to take action during Open Enrollment. Otherwise, your current elections will remain in place until 7/31/16.

If you want to participate, please make sure to send us the Open Enrollment Form no later than July 17, 2015 by scan attachment to email, fax to (818) 972-8992 or mail to Benefits, 3500 W. Olive Avenue #1000, Burbank, CA 91505.

COMING SOON IN THE NEXT FEW MONTHS - New Voluntary Benefits: You'll be able to elect certain voluntary benefits at group rates to supplement your current coverage (for example, permanent life insurance and pet insurance). If you choose to enroll, you'll be billed directly and pay the carrier for the full cost of coverage (not payroll deductions). The plans are portable so you can continue with these plans at the same cost even if your employment ends.

STAY TUNED!

Some News You Can Use From Aetna

  • Informed Health® Line: Get your health questions answered anytime, anywhere. Call the 24-hour nurse line at (800) 556-1555 or log into Aetna at www.aetna.com.
  • Teledoc: If you're enrolled in the medical POS or PPO (not HMO), Teladoc gives you 24/7/365 access to a doctor through the convenience of phone or video consults for $40 or less. You can use Teladoc when you need care now, if your doctor is unavailable, you're considering the emergency room or urgent care center for a non-emergency issue, you're away from home or need a short-term prescription refill.
  • Urgent care vs. emergency room...how do you know? It's an emergency if you believe that if you don't get care right away, you could die i.e. chest pain, vomiting blood, difficulty breathing, sudden dizziness, or changes in vision or mental status. Urgent care is for care you need soon, usually within 24 hours, for a problem that is serious but is not an emergency i.e. cough, fever, flu-like symptoms, muscle pulls, sprains and strains. When in doubt, call the 24-hour nurse line at (800) 556-1555.
  • Wellness Program: Who says money doesn't grow on trees? Improve your overall health or fine-tune your daily habits and get a $50 gift card (and your covered spouse can too). With Aetna's on-line wellness program, you'll get the support you need to lead a healthier life and, rest assured, the site is secure so your personal information stays protected and private.
  • Special programs including discounted gym memberships, chiropractic, acupuncture, massage therapy, nutritional counseling and much, much more all posted on our benefits website.
  • Money2 for Health: A simple way to make health care payments to many doctors, specialists or hospitals in one easy place.
  • Aetna Mobile App: Use your cell phone to view your health plan information whenever you want and wherever you are

401(k) Fund Changes Effective August 3, 2015

When the market closes at 4 p.m. Eastern time on August 3, 2015, RS Partners Fund Class A will be frozen. This means that you will not be able to direct any future contributions or move money into this investment option. Existing balances may remain in the fund, or transferred out, at your direction. Any payroll contributions that you do not redirect by August 2, 2015 will automatically be deposited into Spartan® Extended Market Index Fund, a Mid-Blend index fund with Small-Blend exposure. If you are satisfied with how your current investment elections will be modified, no action is required on your part.

Additionally, we have added JPMorgan US Small Company Fund to the investment lineup effective August 3, 2015.

CLICK HERE FOR ANNOUNCEMENT

To access your account, visit Fidelity’s website at www.401k.com or call them at (800) 835-5097. You can view and print the most current Summary Plan Description on our website. Or, you can request a hard copy by contacting Benefits at (818) 972-8914 or (818) 972-0787.

401(k) Fund Changes effective March 11, 2015

When the market closes at 4 p.m. Eastern time on March 11, 2015, the Fidelity® Stock Selector Small Cap Fund will be frozen. This means that you will not be able to direct any future contributions or move money into this investment option. Existing balances may remain in the fund. Any payroll contributions that are not redirected by March 10, 2015 will automatically be deposited into RS Partners Fund Class A, an alternative investment option in the same fund category. If you are satisfied with how your current investment elections will be modified, no action is required on your part.

Additionally, the Fidelity Investment Grade Bond Fund will be un-frozen to new payroll contributions and added back to the investment lineup. Based on improved performance, the Committee has decided to again allow investments into this fund.

CLICK HERE FOR ANNOUNCEMENT

To access your account, visit Fidelity’s website at www.401k.com or call them at (800) 835-5097. You can view and print the most current Summary Plan Description on our website. Or, you can request a hard copy by contacting Benefits at (818) 972-8914 or (818) 972-0787.

Fund Change in 401(k) on or about July 25, 2014

Fidelity Freedom® 2000 Fund ("2000 fund") to combine with Fidelity Freedom® Income Fund ("Income fund") on or about July 25, 2014. The 2000 fund has reached a target asset allocation matching the Income fund and, as described in the prospectus, the funds will combine. As a result of this fund action, the following will occur:

  • The 2000 fund will be closed to new investments and future contributions, including loan payments, and such investment elections will be transferred to Income fund on or about July 23, 2014.
  • All existing balances in the 2000 fund will be transferred to the Income fund on or about July 25, 2014.

You may receive a prospectus from Fidelity as a result of these transactions. If you would like more information, or to review investment options, log onto Fidelity NetBenefits® at www.401k.com or contact Fidelity at (800) 835-5097.

Change in Plan Sponsorship of the Group Benefits Plan effective June 1, 2014

Effective June 1, 2014, the Plan Sponsorship of the Time Inc. Ventures Group Benefits Plan has changed from Time Inc. Ventures to TW Ventures Inc. The plan has been renamed the “TW Ventures Group Benefits Plan” ("Plan") and the plan administrator is now a company committee. There are no changes to Plan benefits as a result of these changes, and you do not need to take any action. We have modified the Summary Plan Description to reflect these changes.

401(k) Fund Changes effective March 3, 2014

Effective 3/3/14, the Fidelity Equity Dividend Income Fund and the Eaton Vance Large Cap Value Fund will be eliminated. If you have a balance in those funds, it will automatically be transferred to the MFS Value R3 Fund, an alternative new investment option in the same fund category. No action is required on your part. However, if you want to make changes to your investment elections, you can access your account by visiting Fidelity's website at www.401k.com or calling them at (800) 835-5097. You can view and print the most current Summary Plan Description (the supporting Plan document) on our website. Or, to request a hard copy, please contact Benefits at (818) 972-8914 or (818) 972-0787.

Click Here for details.

A Savings Opportunity for 401(k) Plan Participants

If you are at least 50 years old or turning 50 in 2015, the 401(k) Plan offers you the opportunity to make additional pre-tax deferrals to your account in the form of catch-up contributions. In 2015, you may choose to elect up to $6,000 for your catch-up contribution. You may make a catch-up contribution only after you have made the maximum annual elective contribution of $17,500 or, if lower, 60% of your eligible compensation (8% if you are highly compensated). Click here to enroll and learn more about the catch-up rules and provisions.

Annual Financial Reporting Information

As required each year under the Employee Retirement Income Security Act of 1974, as amended (ERISA), TTT West Coast, Inc. files financial information on its benefit plans with the Internal Revenue Service. ERISA also requires that a summary of this information be distributed to employees. Click here for information on the retirement benefit plan in effect on December 31, 2013 and Click here for information on the health and welfare benefit plans in effect from August 1, 2013 through July 31, 2014. The format of the Summary Annual Report is prescribed by Department of Labor regulations. Please note that these plans may not be applicable to you or your production.

Important Notice from TW Ventures Inc. For Medicare-eligible Employees and Dependents About Prescription Drug Coverage

If you or your dependents are eligible for Medicare and are covered under one of the TW Ventures Inc.' prescription drug plans, your TW Ventures Inc. coverage is, on average, at least as good as standard Medicare prescription drug coverage. Therefore, you or your Medicare-eligible dependents can keep TW Ventures Inc. coverage and not be subject to a late penalty if a Medicare prescription drug plan is chosen at a later date. Click here to view the Notice of Creditable Coverage. You should print out a copy of the Notice and keep it with your important records. If you or your Medicare-eligible dependents enroll in one of the new Medicare prescription drug plans, you may need to show a copy of this notice in order for a late penalty not to be applied.

Qualified Default Investment Alternative (QDIA)

If you are currently a participant or eligible to participate in the TTT West Coast, Inc. 401(k) Retirement Savings Plan, you always have the right under the Plan to direct the investments for your existing balances and future contributions to any of the Plan's available investment options. In the event you have not made an investment election for a given contribution, it will be invested into the Plan's designated default option (the "Plan Designated Fund") the Fidelity Freedom Funds® unless you change it. Click here for detailed fund information.

401(k) Fund Un-Frozen…the Fidelity Blue Chip Growth Fund will again be available for employee contributions effective August 1, 2010

Effective August 1, 2010, the Fidelity Blue Chip Growth Fund in our 401(k) plan is un-frozen to new payroll contributions (click here for announcement). Based on improved performance, the Committee has decided to allow again investments into the Fidelity Blue Chip Growth Fund effective August 1, 2010 (click here for fact sheet). To access your account, visit Fidelity's website at www.401k.com or call them at (800) 835-5097. You can view and print the most current Summary Plan Description (the supporting Plan document) on our website. Or, you can request a hard copy by contacting Benefits at (818) 972-8914 or (818) 972-0787.

Announcing 401(k) Changes effective June 1, 2009

The Ariel Appreciation Fund will be eliminated: If you have a balance in the fund, it will automatically be transferred to the Spartan Extended Market Index Fund Advantage Class, an alternative new investment option in the same fund category.

The Fidelity Investment Grade Bond Fund will be frozen: Existing balances may remain in the fund however future payroll contributions and exchanges into the fund will no longer be allowed. Any payroll contributions not redirected by May 31, 2009 will automatically be deposited into the PIMCO Total Return Fund III, a comparable bond fund currently offered by the Plan.

The Fidelity Equity Income II Fund will also be frozen: If you are currently directing payroll contributions into this fund, you have until May 31, 2009 to redirect your contributions into other available choices. Any payroll contributions not redirected by May 31, 2009 will automatically be deposited into the Eaton Vance Large Cap Value Fund - Class A, a new investment option in the same fund category.

Four new investment options will be added to the plan: Spartan Extended Market Index Fund Advantage Class, Eaton Vance Large Cap Value Fund-Class A, Fidelity U.S. Bond Index Fund and Spartan® International Index Fund Investor Class.

Click here for details.

401(k) Fund Frozen...the Ariel Appreciation Fund will no longer be available for employee contributions effective May 1, 2008

Effective May 1, 2008, the Ariel Appreciation Fund in our 401(k) plan will be frozen to new payroll contributions (click here for announcement). Existing balances may remain in the fund however future contributions and exchanges into the fund will no longer be allowed beginning May 1, 2008. If you are currently directing payroll contributions into this fund, you have until April 30, 2008 to redirect your contributions into other available choices. Any payroll contributions not redirected by April 30, 2008, will automatically be deposited into the Fidelity Leveraged Company Stock Fund, a comparable mid-blend fund. Two additional funds will also be available on May 1, 2008, the Fidelity International Discovery Fund (Foreign Large Blend) and PIMCO Total Return Fund Administrative Class (Intermediate-Term Bond). To access your account, visit Fidelity's website at www.401k.com or call them at (800) 835-5097.

401(k) Fund Frozen...the Fidelity Blue Chip Growth Fund will no longer be available for employee contributions effective October 1, 2007

Effective October 1, 2007, the Fidelity Blue Chip Growth Fund in our 401(k) plan will be frozen to new payroll contributions (click here for announcement). Existing investments may remain in the fund however future contributions and exchanges into the fund will no longer be allowed. If you are currently directing payroll contributions into this fund, you have until September 30, 2007 to redirect your contributions into other available choices. Any payroll contributions not redirected by September 30, 2007, will automatically be deposited into the age-appropriate Fidelity Freedom Fund. To access your account, visit Fidelity's website at www.401k.com or call them at (800) 835-5097.

Effective 10/16/06, the Fidelity Aggressive Growth Fund in our 401(k) plan will be eliminated. If you have a balance in the fund, it will automatically be transferred to the Ranier Small/Mid Cap Equity Portfolio, an alternate investment option in the same fund category, unless you take action prior to 10/16/06. Two additional funds will also be available on October 16, 2006, the Fidelity Leveraged Company Stock Fund (Mid Cap Blend) and RS Partners (Small Cap Blend). Click here for details. To access your account, please contact Fidelity at (800) 835-5097 or visit their website at www.401k.com

Effective 1/1/05, the Fidelity Aggressive Growth Fund in our 401(k) plan was frozen to new payroll contributions click here. If you were investing in that fund and you didn't take any action, your payroll deductions were automatically rerouted into the Fidelity Managed Income Portfolio, the most conservative option available. Existing balances were not moved and may remain in the fund. To access your account, please visit Fidelity's website at www.401k.com or call them at (800) 835-5097.