2023

Benefits Hub



Ready to enroll or review your benefits?

Click the "Enrollment Platform" button at the top right of the page if you're on a desktop,
or click the menu button if you're on mobile.

Questions about the
Five Below Benefits Plans or Enrollment?

Call our Benefits Center at
(855) 219-4530

Medical Plans

We’ve combined the BasicAdvantage and Essential Care plans into a bundled plan that meets the Affordable Care Act’s standard for Minimum Essential Coverage. As long as your premiums are paid, you cannot be denied coverage under this plan.

Be sure to monitor your paychecks to ensure your premiums are paid on time!

BasicAdvantage Plan

✓ No deductible


✓ $50/day doctor visit benefit


✓ $25/day generic drug benefit


✓ $100/day hospital room & board benefit

Essential Care Plan

✓ Free preventive screenings, generic contraceptives, and immunizations – as required by the Affordable Care Act

Documents
Contacts
View Plan Detail

Dental Plans


Choose between the Dental HMO plan, with no deductible and more coverage (in-network services only), or the Dental PPO plan, which offers the flexibility of both in- and out-of-network coverage.

Dental HMO

Preventive Cleanings & Exams:

$5 office copay, then 100%


Deductible:

$0


Basic Services:

$5 office copay


Major Services:

$5 office copay, then 50%


Orthodontic Services:

$5 office copay, then 50%


Dental Low PPO

Preventive Cleanings & Exams:

100% covered


Deductible:

$50 (I) / $150 (F)


Basic Services:

50% after deductible


Major Services:

No coverage


Orthodontic Services:

No coverage


Documents
Contacts
View Plan Detail

Vision Plans


VSP offers two plans, a Base and a Buy-up, low rates, and a broad network. They also have special discounts throughout the year on Laser Vision Correction, additional frames, and prescription sunglasses. Also included is a discount on hearing aids with TruHearing!

No ID card needed
Learn how to access your benefit HERE!

Documents
Contacts
View Plan Detail

Supplemental Benefits

These optional programs offer you and your family even more flexibility and added perks! These benefits are employee-paid and completely voluntary.

Included Benefits:

✓ Watchdog ID Theft


✓ Pet Assure Program


✓ MetLaw Legal Plan


✓ Voya Accident


✓ Voya Hospital Indemnity


✓ Voya Critical Illness


✓ CHUBB Term Life


✓ Farmers Home & Auto Insurance


✓ Travel Assistance


Documents
View Plan Details

Perks


Check out our discounts from our partners at PerkSpot, HP, and more!

Documents
View Plan Detail

Wellness

Optimal health isn't just about being healthy physically. GlobalFit's Gym Network 360 delivers an extensive wellness network that focuses on 5 key components: exercise, eating, energize, explore, and education.

View Plan Details

Compliance

Your hub for compliance information, forms, and contacts you may not have found elsewhere.

View Information

A Summary of Benefits and Coverage (SBC) has been designed to assist you with better understanding the coverage being offered to you, and to allow you to compare coverage options. The SBC is available on www.fivebelowbenefits.com. A paper copy is also available, free of charge, by calling 855-219-4530.

Five Below permits INSURERS to offer employees of Five Below certain voluntary insurance programs. Whether you choose to enroll in any of these programs is completely optional and voluntary. Five Below does not make a contribution towards the cost of these programs and employees pay the full cost of premiums on an after-tax basis. Five Below does not sponsor, maintain, endorse, recommend, or promote these voluntary programs. Five Below'S involvement regarding these voluntary insurance programs is strictly limited to allowing the insurer access to employees to publicize these programs and Five Below may perform certain ministerial functions such as payroll deduction and forwarding employee premium payments to the insurer. Five Below does not receive any consideration in the form of cash or otherwise in connection with the program, other than reasonable compensation, excluding any profit, for administrative services actually rendered in connection with payroll deductions. Accordingly, these voluntary insurance programs are not subject to ERISA and related regulations. All questions or claims regarding these programs should be directed to the insurer.

All benefit plans are governed by master policies, contracts, and plan documents. In the event of any inconsistency between the information contained herein and the applicable plan documents, the provisions of the plan documents shall prevail. Five Below reserves the right to amend, suspend or terminate any benefit plan, in whole or in part, at any time. The authority to make such changes rests with the Plan Administrator.

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