STSI provides a competitive benefits package in order to attract top talent. Benefits are available to full-time employees on the first of the month following date of hire. A summary of benefits follows. Benefits are subject to change.

Medical, Dental, and Vision Insurance

  • Employees share in the premium cost for medical, dental, and vision insurance. The employee portion is deducted on a pretax basis.
  • Employees may choose from two medical plans.
  • Dental insurance provides a wide array of coverage.
  • Vision insurance is through VSP.

Health Savings Account

  • If you choose to elect the HMO plan, which is a qualified high-deductible plan, you are automatically enrolled in the Health Savings Account (HSA).
  • You may use your HSA monies to reimburse you for qualified medical, prescription, dental and vision expenses incurred by you and your family.
  • STSI will contribute to your HSA account on the first day of each calendar quarter.  The amount contributed is based on your coverage election.
  • You may also contribute on a pre-tax basis up to the maximum allowed by the IRS.
  • The monies in an HSA account are yours to keep even if you change jobs.  There is no use it or lose it rule-all amounts roll from year-to-year.  And you can accumulate an unlimited balance.
  • A balance in excess of $1000 can be invested.  Earnings are tax free when used for qualified expenses.
  • A debit card makes it easy to access the money in your HSA account.  You can also submit expenses for reimbursement using the plan administrator’s website.

Flexible Spending Accounts

  • Health Care and Dependent Care accounts are available to all employees; part-time and full-time.
  • These accounts allow you to set aside money on a pre-tax basis to pay for qualified out-of-pocket expenses for you and your family.
  • A debit card makes is easy to access the money in your Health Care and Dependent Care accounts. Expenses can be submitted for reimbursement using the plan administrator website.

Pre-Tax Parking and Transit Accounts

  • STSI offers employees the ability to set up pre-tax parking and transit accounts which are used for qualified work-related commuting and parking expenses. The expenses must be incurred for the purpose of commuting between the employee’s residence and regular place of employment.
  • You elect how much to be deducted from your paycheck on a pre-tax basis. Employees must make separate elections for transit and parking benefits. Transit and parking benefits must be kept in separate accounts with no transfer of benefits between each account.
  • You may make changes in your elections during the year for any reason. If you terminate employment, unused amounts are forfeited.

Basic Life and Accidental Death and Dismemberment (AD&D) Insurance

  • STSI pays 100% of the premium for eligible full-time employees.
  • All full-time employees are covered for the amount of one times salary up to a maximum of $100,000.
  • Benefit reductions begin at age 65.

Paid Time Off

  • Full-time employees accrue paid time off (PTO) on a monthly basis. The accrued PTO is to be used at the employee’s discretion for time away from work (i.e., vacation days, sick days, to care for a sick child, doctor appointments, and holidays.) STSI does not offer a paid holiday schedule-you use PTO for holiday pay.
  • There is no limit on the amount of PTO that can be carried over.
  • Any earned and unused PTO hours are paid to employees when they leave the company.

Short Term Disability Insurance

  • The company provides short-term disability coverage for full-time eligible employees at no cost to the employee.

Long Term Disability Insurance

  • The company provides long-term disability coverage for full-time employees at no cost to the employee.
  • Benefits continue up to age 65.

Profit Sharing / 401K Plan

  • Eligible employees are able to enroll at the beginning of any month.
  • The 401(k) plan allows eligible employees to contribute on a pre or after tax basis (Roth), including catch up contributions for those individuals age 50 and over. Annual limits are set by the IRS.
  • The 401(k) match and profit sharing contribution are discretionary and the amounts, if any, are determined at the end of each year.
  • 401(k) match and profit sharing contributions are vested over a six-year period.
  • Eligibility requirements for employer match & profit sharing are a minimum of 1000 hours worked per year and employed with STSI on the last day of the plan year.

Training and Development Program

  • STSI reimburses costs for company-approved training, education courses and attending industry conferences.
  • STSI encourages employee’s to obtain technical certifications and will assist in covering incurred costs.

Corporate Sponsored Virginia 529 Plan

  • STSI offers a corporate sponsored Virginia 529 plan. 529 plans provide everyone, regardless of income, a tax-advantaged education savings vehicle that allows for substantial contributions and considerable flexibility.
  • You set aside money in the 529 plan with after-tax dollars, but anything it earns is tax free as long as it is used for qualifying education expenses.
  • Because of the corporate sponsorship, you never pay a sales commission and benefit from funds with low operating expenses.