Benefits

Genesis Energy is committed to providing employees with a total benefit program that is both comprehensive and competitive. Our program is designed to provide you and your family with quality healthcare, income protection, and future retirement savings.

Retirement Savings

  • 401(k) Plan eligible on date of hire with 100% immediate vesting of company match
  • Company matches dollar for dollar up to 6%
  • Discretionary profit-sharing contribution of 4% — 6% (varies based on tenure) with 3-year vesting schedule
  • The choice of pre-tax or Roth (post-tax) contributions up to the annual IRS limits
  • A variety of investment options to choose from including target-date funds from Fidelity Investments
  • Employer Health Savings Account (HSA) contribution up to $1,000 with enrollment in the High Deductible Health Plan

Health Insurance

  • Health care coverage effective on date of hire — no waiting period
  • No surcharge to cover your spouse
  • Children covered up to age 26 regardless of student status
  • Your choice between a PPO copay plan or a High Deductible Health Plan (HDHP)
  • Broad network of health care professionals and hospitals through Blue Cross and Blue Shield
  • The HDHP has affordable premiums and includes a Health Savings Account with an employer contribution up to $1,000/year
  • The PPO copay plan has a low deductible of $350/individual or $700/family, along with office visit copays of only $20 — including specialists visits
  • Both health plans include free preventive services and access to the Employee Assistance Program at no additional cost
  • You may choose a Flexible Spending Account (FSA) including Health Care FSA, Dependent Care FSA, or Limited Purpose FSA
  • Dental coverage provides a maximum benefit of $2,000 per year with a separate lifetime maximum of $2,500 for orthodontia
  • Vision coverage provided through VSP

Income Protection and Disability Coverage

  • Company-paid Basic Life and AD&D coverage up to 3x base pay effective on date of hire
  • Optional life insurance coverage provides added financial protection for you and your family (employee paid)
  • Company-paid short-term disability coverage effective on date of hire; provides 60% replacement income up to 26 weeks (employee-paid for vessel workers only)
  • Company-paid long-term disability coverage (between 50% and 60% replacement income)
  • Company-paid business travel accident insurance

Additional Benefits

  • Paid holidays (will vary based on work schedule and/or location)
  • Paid time off with credit given for previous work experience
  • Company-paid commuter subsidy (will vary based on location and/or position)
  • Flexible work schedule (will vary based on location and/or position)
  • Employee-paid identity theft protection
  • Employee-paid legal plan

This summary is not intended to nor does it include all benefits and perquisites offered to employees. Full details of the benefit plans are included in the respective Summary Plan Description (SPD). If there are any differences between this summary and the respective SPD, the SPD will be the ruling document.