One-line summary: Launch's benefits stack — eligibility by status, ICHRA health-plan reimbursement (up to $300/month), Guideline 401(k) (current IRS limits live in your Guideline portal), Doctegrity telehealth/telecounseling/EAP (with Miranda's mental-health and gym Q&A), and the matching-funds charitable-giving program.

Benefits

Company benefits eligibility overview

This table provides a summary of which company benefits are available to employees based on their full-time or part-time status.

A full-time employee is one who regularly averages 30 or more hours per week.
A part-time employee is one who works an average of 29 or less hours per week.

Benefit	Full-time (30+ hrs/wk)	Part-time (29 or fewer hrs/wk)
Health plan reimbursement (ICHRA)	Eligible for $300 reimbursement with ACA-compliant individual insurance plan	Not eligible
Guideline 401(k) plan	Eligible (must be 18+ and meet 90-day waiting period)	Eligible (must be 18+ and meet 90-day waiting period)
Telehealth, telecounseling & EAP	Eligible. Can be enrolled starting the first of the next month if signed up by the 22nd of the month. Base plan available at no charge; add-ons available as paid options.	Available. Same enrollment timing. Base plan free; add-ons paid.
Matching-funds charitable giving	Eligible (subject to $1,000 annual limit and active-employee status)	Eligible (subject to $1,000 annual limit and active-employee status)
Vacation (Paid Time Off)	Eligible (based on hours worked, with 90-day accrual/usage waiting periods). See Time Off (§7) for accrual schedule.	Not eligible
Designated holiday pay	Eligible (up to 8 hours for each of the 9 designated holidays). See §7 for the holiday list.	Not eligible
Floating holidays	Eligible (can convert a designated holiday if employee chooses to work)	Not eligible
Personal holiday or birthday	Eligible (one paid day per year)	Ineligible for paid leave but may take the day off
Bereavement leave	Eligible (up to three weeks of leave, with a maximum of 24 paid hours per year)	Eligible (up to two weeks of leave, with a maximum of 16 paid hours per year)
Paid sick & safe leave	Accrue: 1 hour per 40 hours worked in WA; 1 hour per 30 hours worked in CA; 0 hours in Idaho	Accrue: 1 hour per 40 hours worked in WA; 1 hour per 30 hours worked in CA; 0 hours in Idaho

Health plan reimbursement for individual health plans (ICHRA)

Launch offers full-time employees an Individual Coverage Health Reimbursement Arrangement (ICHRA) providing pre-tax reimbursement of up to $300 per month toward qualified individual health insurance premiums. The plan is governed by Section 105 of the Internal Revenue Code and complies with ACA, HIPAA, and ERISA regulations.

Purpose: Reimburses full-time employees (30+ hours per week) for individual health insurance premiums (up to $300/month).
Eligibility: Full-time employees with ACA-compliant insurance. Part-time, seasonal, and temp employees are excluded.
Claims: Submit proof of payment via the Gusto portal within 60 days of payment.
Qualified medical expenses: Qualified medical expenses for ICHRA include a wide range of health-related costs, from doctor visits and dental procedures to medical equipment and certain insurance premiums. The IRS outlines these expenses, categorizing them into includible and non-includible expenses.
Funding: Employer-funded; tax-free for employees.
Compliance: Adheres to ACA, HIPAA, and ERISA regulations.
Termination: Ends if employment or health coverage ends.

An ICHRA cannot be used to reimburse premiums for health insurance plans sponsored by a spouse's employer. ICHRA funds are specifically limited to individual health insurance plans or Medicare, as outlined by IRS and ACA guidelines.

Ineligible plans for ICHRA reimbursement

Spousal-sponsored group plans: Health insurance provided by a spouse's employer.
Group health insurance: Traditional group health plans offered by the employee's own employer.
Short-term health plans: Temporary coverage that does not meet ACA standards.
Health sharing ministries: Plans that are not considered insurance under ACA guidelines.

Eligible plans for ICHRA reimbursement

Medicare: Parts A, B, C, and D are eligible for reimbursement.
Individual health insurance plans: Purchased through the individual marketplace or directly from an insurer. Must meet Affordable Care Act (ACA) requirements.
- Washington. The Washington Health Benefit Exchange provides access to affordable healthcare options, including medical and dental plans, as well as potential subsidies to reduce costs based on income levels.
- California. California operates its own health insurance marketplace called Covered California. This platform allows residents to shop for and enroll in health insurance plans, as well as access financial assistance to help lower costs.
- Idaho. Idaho has its own marketplace known as Your Health Idaho. This exchange provides a platform for residents to compare and purchase health insurance plans, including options for financial assistance.

Employees must provide proof of enrollment in an eligible individual health plan to receive ICHRA reimbursements. If you have questions or need assistance navigating your healthcare options, please contact HR at hr@launchindustries.biz.

Guideline 401(k) retirement savings plan

Overview

Our company offers a Guideline 401(k) Retirement Savings Plan to help employees save for retirement with tax advantages. You can choose between Traditional 401(k) (pre-tax contributions) or Roth 401(k) (after-tax contributions). Contributions are automatically deducted from your paycheck, making it simple to save.

Key features

Tax advantages: Save pre-tax with Traditional 401(k) or enjoy tax-free withdrawals with Roth 401(k).
Company matching: 100% of contributions on the first 3% deferred, then 50% of contributions from 3% to 5%.
Investment options: You can choose from funds tailored to different risk levels and goals on the Guideline website.
Portability: Your savings can move with you if you change jobs.
Vesting schedule: None.

Contribution limits

The IRS sets annual limits on 401(k) contributions, including separate elective-deferral limits, age-50+ catch-up contributions, and (under SECURE 2.0) enhanced catch-up contributions for ages 60–63. The current-year limits are posted in your Guideline portal and updated annually. Please log in to Guideline for the most accurate, current numbers.

Contribution mechanics

Adjustments: Change your contribution anytime via the Guideline portal.
Employer contributions: Automatic.
Contribution for auto-enrolled employees: 3% contribution, automatic. If you do not log in and manually set your contribution, the system will automatically increase your contribution by 1% per year until you reach a 10% contribution. This is required by the IRS based on the type of plan we offer. However, you can login and change this increase to your contribution at any time.

Eligibility and enrollment

Eligibility: Must be 18+ and meet a 90-day waiting period.
Enrollment: You'll receive an email to enroll through the Guideline platform.

Managing your account

Access your account online to monitor balances and investments, adjust contributions or investment options, and access financial resources.

Withdrawals

Retirement withdrawals: Penalty-free after age 59½.
Early withdrawals: May incur a 10% penalty plus taxes. Exceptions apply.
Required minimum distributions: Begin at 73 for Traditional 401(k).

Telehealth, telecounseling, & Employee Assistance Program (EAP)

At Launch, we care about the well-being of our employees and understand that personal, family, or work-related challenges may arise. To support you, we provide access to a telehealth, telecounseling, and Employee Assistance Program (EAP) at no cost to you.

Services offered

Telehealth: Get unlimited appointments and support on-demand from a doctor from your phone.
Counseling: Support for stress, anxiety, depression, and relationships.
Work-life resources: Childcare, eldercare, legal, and financial help.
Crisis support: 24/7 access to trained counselors.
Discounts: On lab work, pharmacy, and more.

Add-ons

Prescriptions
- Acute Rx (125 prescriptions): +$5 per month
- Full Rx (includes 200+ medications to support chronic issues):
  - $8 per month (single member)
  - $12 per month (total for all household members)
eVets
- Add telehealth for your pets for $10.50 per month

Eligibility and cost

Available to employees and household members at no cost.
Services start on your first day.
Counseling appointments include 3 sessions per issue (unlimited number of issues).

Accessing services

Download, install, and login to the Doctegrity app.
Add your family members once you have signed in.
Your family members can also access services at no cost.

Confidentiality

All telehealth and counseling services are completely confidential. Launch will not be informed of your participation in the program unless you voluntarily disclose it. We encourage all employees to take advantage of this valuable resource whenever they feel overwhelmed or need support. These services are here to help you access services with expert guidance and care.

Doctegrity Q&A — mental health and perks

The following clarifications come from Miranda at Doctegrity (email, 2026-04-27 9:20 AM) and are reproduced here so team members understand how to use the benefit.

Short-term therapy model. Doctegrity mental-health is short-term therapy: members get 4–5 visits with the same therapist per topic/issue. Once those visits are completed, the topic is considered closed, and the member can schedule a new topic.
Same counselor per topic. Within Doctegrity mental health, members get the same counselor for the duration of one topic. When you open a new topic, you typically get the first available therapist (not necessarily the same one).
Long-term therapy. If a Doctegrity member likes a therapist and wants long-term therapy (or needs more depth than 4–5 visits allows), they can continue seeing that therapist outside Doctegrity. Members coordinate that directly with the therapist.
Gym discounts. Doctegrity gym discounts vary by location. Members need to log into the "Doctegrity Perks" tile inside the app, search by location, and see what gym options are available.

Matching funds charitable giving program

The Company will match employee donations to eligible nonprofits, dollar-for-dollar, up to $1,000 per year. Donations must be made through payroll contributions using Gusto, our payroll platform, which ensures both your contribution and the company match are sent directly to the nonprofit. Eligible organizations include registered 501(c)(3) nonprofits or equivalent.

Ineligible donations include contributions to political organizations, crowdfunding campaigns, or those made in exchange for goods or services. The program is open to all active employees, and matching funds are subject to annual limits.

Paid time off, holidays, personal days, floating holidays, etc.

We offer a number of paid time off programs, some of which are required by the state and some of which are voluntary, some of which are paid and some of which are unpaid. Due to the extensive information, see §7 Time Off in this handbook.

If you notice any outdated information or typos, or need clarification on any policies, please email hr@launchindustries.biz.

4. Compensation 6. State Benefits (Washington)