Benefits

 

Comprehensive Benefits for You

 "Your personal well-being — physical, mental and financial — is important to us.  AXA Advisors is proud to offer a comprehensive selection of financial and personal benefits to PPG members and their families."

Investing in Your Future

Stock Purchase Plan

The AXA Financial, Inc. Stock Purchase Plan provides a convenient way for qualifying associates to become AXA shareholders and benefit from the company’s market performance. 

  • Qualifying financial professionals can purchase AXA ordinary shares through automatic after-tax payroll deductions, contributing up to  $25,000 on contributions that are eligible to receive the employer matching contribution (maximum eligible contributions to purchase shares is $50,000).  
  • Employer matching contributions equal to 10% of your contributions to the plan. 

AXA Shareplan

AXA Financial has offered qualifying financial professionals the opportunity to participate in the company’s global stock purchase plan — AXA Shareplan — via two options:

  • Investment Option A (Discount Alternative) permits the purchase of AXA ordinary shares at a 20% discounted price. 
  • Investment Option B (Leveraged Alternative) permits the purchase of AXA ordinary shares on a leveraged basis with a guaranteed return of the participant’s original investment.  
  • You may invest up to 25% of your annualized eligible compensation in any combination of Option A and B. The 25% of annualized eligible compensation includes the leveraged portion in Option B 

Retirement Plan

In this company-funded defined benefit plan, Cash Accounts are credited with 5% of earnings below the Social Security wage base, and 10% above. These amounts are credited with a fixed rate of return (determined annually) based on an index described in the plan, with a minimum 4% return. Certain participants may also be entitled to prior plan benefits. 

  • A Cash Account is set up on the first of the month on or after an eligible individual reaches age 21 and completes one year of service. Vesting occurs after five full years of service.  
  • When a vested individual leaves the company, retires or returns to self-employed tax status, he or she can receive the Cash Account benefit as a lump sum or monthly annuity, or leave it in the Retirement Plan, where it continues to earn interest. 

*With the exception of our Personal Concerns program, associates must meet certain Production Credit minimums each year to be eligible to participate in the company’s benefit programs. Some programs may also have a length of service requirement. 

 

Investment Plan — 401(k)

The 401(k) Plan provides eligible financial professionals a tax-deferred vehicle to save and invest for retirement.

Contribution Opportunities:

  • Your contributions are matched 100% on the first 3% you save on a pre-tax or Roth 401(k) basis.  
  • You can save up to 75% of your eligible compensation on a pre-tax basis (up to IRS limits). 

Fund Choices:

  • The 401(k) Plan offers more tha 20 investment options.
  • All major asset classes are covered: Fixed income, large company, small-mid company, international, and specialty funds.  
  • Both actively managed and indexed funds.

Protection for You and Your Loved Ones

  • Life Insurance 
  • Disability Coverage

Health & Wellness 

  • Dental Plans 
  • Health Plans  
  • Vision Coverage 
  • Behavioral Health Coverage  
  • Prescription Drug Coverage 
  • Personal Concerns Program 

Tax Effective Reimbursement Programs

  • Health Care Spending Account
  • Dependent Care Spending Account  
  • Transportation Reimbursement Incentive Program (TRIP)