2025 Plan Changes

Here’s our hot take on what you need to know for this year’s Open Enrollment:

• Open Enrollment begins Monday, November 4 and ends Monday, November 18.
• If you do not take action during the Open Enrollment period, your benefits from 2024 will continue in 2025, EXCEPT any Flexible Spending Account (FSA). You must re-enroll in the FSA every year.
• Visit mykkbenefits.com to review your elections and/or enroll.
• We’re making some changes to our benefits for 2025 that you’ll want to learn about. Be sure to sample them before you place your order!
• If you’re a full-time Krispy Kremer, you can sweeten your contribution to the Health Care FSA and HSA.
  • The Health Care FSA (General and Limited Purpose) maximum contribution is $3,300 for 2025.
  • The IRS limits the amount you may contribute to your HSA each year. The limit for 2025 is $4,300 for employee-only coverage and $8,550 for family coverage.* But remember! Krispy Kreme also contributes to your HSA if you’re enrolled in the Original HSA Plan.
• In 2025, the 401(k) annual maximum contribution amount will increase to $23,500. Participants aged 50 and over can contribute an additional $7,500 and participants aged 60-63 can contribute up to $11,250. All plan eligible Krispy Kremers can change their 401(k) contribution amount anytime during the year.
• Make sure your personal information (email address, phone number and home mailing address) is up to date in the system.
• Confirm that Social Security numbers and birth dates are accurate for all the dependents you’re covering in 2025.
• If you need help or have any questions, call the Benefits Center at 855-730-8654.
• The benefits elections you make during Open Enrollment go into effect on January 1, 2025.

* If you’re 55 or older, the limit is $5,300 for employee-only coverage and $9,550 for family coverage.

Changes in Medical Plan Premiums

The Krispy Kreme benefits team works diligently to try to minimize Krispy Kremers’ medical plan premiums while driving value in an ever-increasing healthcare environment. In 2024, medical plan premiums did not increase; however, depending on the medical plan you enroll in for 2025, your weekly premiums (paycheck contributions) may increase, decrease or stay the same:

• Original HSA Plan: Your weekly premiums for this plan will increase for all tiers of coverage. But remember, if you elect this plan, you may also contribute to a Health Savings Account (HSA), and Krispy Kreme will make a quarterly contribution too.
• Sprinkles HSA Plan: Your weekly premiums for this plan depend on the number of people you’re covering. For employee-only coverage, your premiums will stay the same as last year. If you’re covering yourself and just your spouse, or yourself and just your child(ren), your premiums will decrease. If you’re covering your family (yourself, your spouse and children), your premiums will increase. With the Sprinkles Plan, you also get to contribute to a Health Savings Account to help cover costs.
• Kreme Filled Open Access Plus (OAP) Plan: Your weekly premiums for this plan will increase for all tiers of coverage.

Out-of-Pocket Maximum Decrease

Here’s a treat you’ll enjoy! The annual cap on the maximum amount you’re responsible for paying in 2025 (called the out-of-pocket maximum) is decreasing in both the Kreme Filled OAP Plan and the Sprinkles HSA Plan for 2025. That means that the most you’ll pay from your own pocket is lower than it was in 2024—Krispy Kreme will kick in sooner!

New Cigna Extras

Sure, your Cigna plan provides comprehensive medical coverage. But it gets even batter: Cigna offers its members many additional benefits at no additional cost, including these new Cigna extras in 2025:

• Cigna Pathwell Bone & Joint: If you’re dealing with back, hip, knee or shoulder pain, this program matches you with a dedicated clinical care advocate who will customize a treatment program for you, based on your unique needs. You can work with your advocate via digital messaging or by phone.
• Cigna Oncology Consult Service: Receiving a cancer diagnosis is extremely difficult and stressful. Under Cigna’s Oncology Consult Service, if you or a family member receives a cancer diagnosis, Cigna can help you navigate this difficult process to initiate consultation for a second opinion and help to make sure you have access to high-quality, appropriate care while minimizing costs.
• Cigna Healthcare well-being solution: Making your health a priority is easy with the new Cigna Healthcare well-being solution, powered by Virgin Pulse. Virgin Pulse offers a state-of-the-art digital experience that will put you on the path to healthy change. You’ll be treated to behavioral science-based incentives and healthy peer-to-peer challenges.

Lower Dental Premiums and a New Dental Carrier

We’re thrilled to announce that we’re switching dental carriers to Delta Dental of North Carolina for 2025. Delta Dental is the nation’s largest dental network, with more than 4,000 participating dentists in North Carolina.

And here’s the icing on the cake (doughnut): With Delta Dental, your weekly premiums will decrease in 2025! You’ll pay less for dental care, whether you enroll in the Core or the Premium plan. Reminder: You will realize higher value from dental coverage if you utilize it for preventive care (i.e., twice annual check-ups).

New Benefit! Backup Care

Available for Full-Time Krispy Kremers

In 2025, Krispy Kreme is partnering with Bright Horizons to bring you an option for backup child, elder and even pet care! You’re eligible for up to 10 backup care days through the Bright Horizons network, either at a Bright Horizons center or in your home.

Coverage includes all kinds of tempting treats at discounted rates—like virtual tutoring, camps for school-aged kids, and tuition support. You even get a membership to Sittercity, which helps you find babysitters, nannies, pet sitters, senior care providers and housekeepers—with free basic background checks.

Open Enrollment is your chance to enroll in your benefits for the coming year. So be sure to sink your teeth into all the delicacies we offer full-time and part-time Krispy Kremers, and then head to mykkbenefits.com to pick your favorites for 2025.

You won’t be able to make changes to these benefits again until next year’s Open Enrollment, unless you experience a life-status change, like getting married or having a baby. Make your benefits elections before the enrollment period closes on November 18.

Here’s what you can elect and/or change during this Open Enrollment period:

Medical. Krispy Kreme offers several options for medical coverage, designed to meet the needs of all Krispy Kremers. For more details, see “Your Krispy Kreme Medical Plans.”

Health Savings Account (HSA). If you’re enrolled in either the Original or Sprinkles HSA Plan in 2025, you can set aside up to $4,300 tax-free (employee-only coverage) or $8,550 tax-free (if you’re covering family members). If you’re 55 or older, you can sweeten the deal even more—-you can contribute up to $5,300 (employee only) or $9,550 (family) in 2025.

Dental. Lower premiums and a new network—Delta Dental of North Carolina—will keep you smiling in 2025. Krispy Kremers can still elect either the Core plan or the Premium plan to keep their chompers in check.

Vision. Don’t let your eyes glaze over! You have two EyeMed vision plan options to help you see clearly: the Standard plan and the Premier plan. And we’re happy to report there will be no increase in premiums in 2025.

Flexible Spending Accounts (FSAs). You dough-not want to miss this great savings opportunity. FSAs are tax-savings accounts for health care and/or dependent care expenses. You’ll be able to contribute up to $3,300 to a Health Care FSA or up to $5,000 to a Dependent Care FSA in 2025. If you have an HSA, you can contribute up to $3,300 to a Limited Purpose Health Care FSA, which can be used for dental and vision expenses but not medical expenses.

Life Insurance. Basic life insurance is provided to full-time Krispy Kremers, but you can elect to supplement your basic coverage with additional insurance for yourself or your dependents. Make sure your beneficiary information is up to date!

Accidental Death and Dismemberment. You may elect coverage in increments of $10,000, up to the lesser of $500,000 or 10 times your annual pay.

Disability. You can elect disability insurance to receive a portion of your paycheck while you’re out on short- or long-term disability. Full-time salaried Krispy Kremers will receive short- and long-term disability coverage at no cost in 2025.

Group Accident. If you elect group accident insurance, you’ll be eligible to receive a benefit to help cover the costs of treatment if you’re in an accident.

Critical Illness and Hospital Indemnity. These benefits pay a lump-sum amount to you if you’re diagnosed with a critical illness or admitted to the hospital.

Pet Insurance. Protect yourself from the high cost of pet health care by electing one of our two pet insurance plans: Accident Only or Accident and Illness. To be eligible for the Accident and Illness benefit, your pet must be no older than 10 years.

As a Krispy Kremer, you have a sweet selection of medical plans and can change your election each year during Open Enrollment. Here’s a sampling of your plans for 2025.

Original HSA Plan (Cigna OAP Network)

Available for Full-Time Krispy Kremers

Aside from the Mini Plan, the Original HSA Plan offers the lowest premiums, but it has a higher deductible and out-of-pocket maximum than our other plans. It also offers a Health Savings Account (HSA), a great way for you to save on medical expenses by using pretax dollars. And Krispy Kreme sprinkles a quarterly contribution into your HSA:

• $250 per year – employee-only coverage
• $500 per year – family coverage

2025 Weekly Paycheck Contributions

Sprinkles HSA Plan (Cigna OAP Network)

Available for Full-Time Krispy Kremers

Like the Original HSA Plan, the Sprinkles HSA Plan lets you contribute to a Health Savings Account (HSA) for additional savings. And great news for 2025—premiums are actually decreasing for employee + spouse and employee + children coverage.

2025 Weekly Paycheck Contributions

Kreme Filled Open Access Plus (OAP) Plan

Available for Full-Time Krispy Kremers

The richest plan we offer is the Kreme Filled OAP Plan. This plan may be best for you if you have a lot of medical expenses, because although you pay higher premiums, you generally pay less out of pocket at the time of service.

2025 Weekly Paycheck Contributions

Mini Plan

Available for Full- and Part-Time Krispy Kremers

The Mini Plan will reimburse you up to a maximum for certain services. For example, a doctor’s office visit is paid in full, up to $125. If your doctor’s office visit is less than $125, you’ll pay nothing out of pocket. If your visit is more, you’ll be responsible for the amount over $125.

2025 Weekly Paycheck Contributions

Let’s Compare

Here’s a quick comparison of your plan options as a Krispy Kremer.

*This limited plan has calendar-year maximum amounts that the plan will pay. Please review Mini plan benefits for more information.

Weekly Premiums by Plan

ReviveHealth

Available for Full- and Part-Time Krispy Kremers

Both full- and part-time Krispy Kremers can take advantage of ReviveHealth, a free medical benefit that offers virtual medical care through a convenient member portal. Once enrolled, you pay nothing for premiums or for services (like deductibles, coinsurance or copays). ReviveHealth isn’t meant to replace your medical coverage. It’s a free and convenient alternative to supplement your coverage.

If you enroll in ReviveHealth, you and covered dependents (legal spouse and dependent children ages 2–26) will have access to virtual primary care. Primary care appointments are available Monday through Friday from 8 a.m. to 5 p.m. ET. Your coverage includes up to 12 virtual primary care visits per member per year, as well as 12 care visits per covered child per year. Your coverage also includes up to 12 mental health visits per member per year.

This benefit is FREE to all Krispy Kremers!

Open Enrollment is November 4–18, 2024. These two weeks are your once-a-year chance to review our plans and programs for the upcoming year and select fresh benefits for 2025. (That includes you, too, part-time Krispy Kremers!)

Here’s your recipe for success for this two-week period:

• Explore your benefits options by reviewing all the info on this site.
• If you do not take action during the Open Enrollment period, your benefits from 2024 will continue in 2025, EXCEPT any Flexible Spending Account (FSA). You must re-enroll in the FSA every year.
• Visit mykkbenefits.com to enroll in or make changes to your benefits from November 4 through November 18. You can enroll online until 11:59 p.m. on November 18.
• You must use a desktop computer to access mykkbenefits.com to complete your enrollment. You can also call Krispy Kreme’s Benefits Center at 855-730-8654 to make your elections.
• Review and, if necessary, update your life insurance and 401(k) beneficiaries.
• Print or save your confirmation statement when you’re done! The changes you make are effective January 1, 2025, and your first paycheck in January will show your new deductions.

Need help? Call the Benefits Center at 855-730-8654, or contact Cigna One Guide (full-time Krispy Kremers only) at 888-806-5042 for personalized one-on-one guidance on choosing a medical plan that’s right for you.