Page 2 - 2021 Mid Year Open Enrollment Guide

Dear Team Members,

We are dedicated to providing comprehensive benefits that help protect your health, finances and
future. Since the merger, key members of the HR team have been hard at work to create benefits
offerings that combine the best options from both legacy companies to reflect that. Our goal was to
mirror or enhance existing plans whenever possible, to provide a comprehensive, market-competitive
program for all team members that offers choice and value with minimal disruption.

This guide provides details on the new benefit plan offerings that have been developed effective
June 1, 2021.

Highlights include:
• Three medical / prescription plan options offered by Blue Cross Blue Shield (BCBS) in most
states – with one additional plan offered by Kaiser in specific zip codes in California – that
closely match the options currently provided. Plans were designed to minimize changes related
to medical providers, deductibles and out-of-pocket maximums. Medical / prescription plan
deductibles and out-of-pocket maximums that have been met since January 1, 2021, will be
honored.
• By adopting the legacy BFS model, team members enrolled in any of the BCBS plans will
contribute towards their chosen medical / prescription plan based on individual annual
earnings. There will be four different contribution levels. This approach is intended to make
medical / prescription coverage more affordable for team members across pay levels.
• Dental, vision, life insurance and disability insurance options will closely match the options
currently provided.
• The BMC 401(k) program will be adopted across the full organization. Effective for pay periods
following June 1, the company will match 50% of your 401(k) contribution up to 6% of your per
pay period salary to the 2021 IRS annual limits.
And much more! We encourage you to read through this guide and review all available offerings.
The Open Enrollment period for the new BFS benefits plan will be April 19 – 30, with most plans
going into effect June 1. While this enrollment is passive, meaning HR will map your coverage to a
similar plan if you take no action, I encourage you to log into Dayforce and review all of your options.
There may be new benefits available to you, or the costs may have changed on the benefits you are
enrolled in now.
Your HR team is fully committed to ensuring this mid-year Open Enrollment process is managed
effectively to minimize disruption and reduce confusion, but more importantly, we maintain our
commitment to providing you with great programs and policies that support your ongoing success
and career at BFS.

If you have any questions as you read through this guide and make your elections, please contact
your respective Benefits Team at the following:

Legacy BFS Team Members Legacy BMC Team Members
844.216.9320 866.876.4161
Benefits@BLDR.com Benefits@BuildWithBMC.com

Sincerely,

Amy Plasha
SVP, Human Resources

2 • 2021 BUILDERS FIRSTSOURCE MID-YEAR BENEFITS GUIDE 2021 BUILDERS FIRSTSOURCE MID-YEAR BENEFITS GUIDE • 1