How long do I have to enroll in Your Five Below benefits?
Welcome to Your Five Below Benefits! Visit our Benefits Hub to learn all about the amazing benefits we’re offering you, our awesome Crew. You have 30 days from your date of hire to enroll – complete your enrollment before time runs out!
How do I obtain my W2 from five below?
All employees (active/terminated) are advised to obtain their W2 directly from that site. Any address updates can be made in MyFive. If you need to change the address that appears on your W2 and no longer work for Five Below, send an email with an address update to myfive@fivebelow.com
What is five below 401 (k) plan?
The Five Below 401 (k) plan helps you meet one of life’s most important goals – financial security at retirement. For deferral: You must be age 21. There is no service requirement, and you must have a semi-annual entry date.
Medical Plans
Use CirrusMD instead of ‘Dr. Google’! Starting 11/1, getting care will be as easy as texting a friend. Cigna medical enrollees will be able to connect to a doctor in seconds from any computer or mobile device with the CirrusMD app. Text a physician anytime, anywhere for less than the cost of a visit to the doctor.
Health Savings Account
A health savings account, or HSA, is an account that’s funded with pre-tax contributions from your paycheck and used to cover health-related expenses. If you choose an HDHP plan with HSA, we’ll deposit quarterly matching contributions into your HSA up to the limits shown below – yours to keep, yours to use for eligible expenses. If you choose to contribute the IRS maximum amount to your HSA, then the matching contributions you receive from Five Below will reduce the amount of your contributions (meaning that less comes out of your paycheck)..
Flexible Spending Accounts
A flexible spending account (FSA) is a tax-free reimbursement account funded by pre-tax contributions from your paycheck. You can use FSA funds to pay for qualified medical or dependent care expenses.
Dental Plans
Choose between the Dental HMO plan, with no deductible and more coverage (in-network services only), or one of the two Dental PPO plans, which offer the flexibility of both in- and out-of-network coverage. When searching for a dentist in the DHMO plan, use "DHMO Access PLUS" when searching on Cigna.
Vision Plans
Starting 11/1/21, our vision insurance provider will be VSP! 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.
Life & Disability
We provide life and disability coverage for all our benefit-eligible employees at no cost to you! You do not need to re-enroll in basic life or disability coverage each year in order to receive these benefits – no action required. The optional supplemental life plan is 100% employee-paid and may cover you,
Financial Wellness
Check out our benefits that can make planning for the future easier. We offer a generous 401 (k), an Employee Stock Purchase Program (ESPP), and discounts from our partners at PerkSpot!
