Healthcare Provider Update: Endeavor offers three medical plans, including the Endeavor Health Plan and national-network options via Cigna. Employees benefit from dental, vision, prescription drug coverage, HSAs, FSAs, and voluntary insurance options. The company also provides disability coverage, life insurance, tuition reimbursement, and a 401(k) retirement plan. Wellness programs and EAPs support work-life balance 5. Endeavor Group Holdings With ACA insurers requesting double-digit increases, Endeavors customizable health plans and national network access help employees avoid steep marketplace costs while maintaining quality care. Click here to learn more
Are Endeavor Group Holdings employees responsible for the damage caused by a tree on their property that hits their neighbor’s home or other insured structure, such as a garage or shed?
In most cases, the answer is “no.”
When such damage occurs to your neighbor’s home due to forces outside your control (e.g., weather events), your neighbors may have to file a claim with their insurer to receive a reimbursement for the damage a fallen down tree caused.
There is one exception, however.
If it is determined that the tree damage stems from your negligence (e.g., dead limbs that you refused to cut down, or you chose to trim your tree as a weekend project), then the neighbor’s insurer may come after you to recover their loss—a process called subrogation.¹
You may want to check your policy or speak to your insurance agent to ascertain if your homeowner's policy covers your liability in cases of negligence.
When Neighbors Sue
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Some neighbors may seek to bring legal action against you, though often that is unnecessary.
For those working at Endeavor Group Holdings, determine what municipal laws are in place to cover such instances. Generally speaking, you are not responsible unless you knew, or should have known, about the danger. Proving what you knew or should have known can be difficult and costly in a court of law. It typically benefits both parties to arrive at a compromise that avoids an expensive legal process.
The information in this material is not intended as legal advice. Please consult legal or insurance professionals for specific information regarding your individual situation.
What is the 401(k) plan offered by Endeavor Group Holdings?
The 401(k) plan at Endeavor Group Holdings is a retirement savings plan that allows employees to save a portion of their salary before taxes are deducted.
How can employees of Endeavor Group Holdings enroll in the 401(k) plan?
Employees can enroll in the Endeavor Group Holdings 401(k) plan by completing the enrollment process through the company’s HR portal or by contacting the HR department for assistance.
What types of contributions can employees make to the Endeavor Group Holdings 401(k) plan?
Employees can make pre-tax contributions, Roth (after-tax) contributions, and possibly catch-up contributions if they are over the age of 50 in the Endeavor Group Holdings 401(k) plan.
Does Endeavor Group Holdings offer any matching contributions for the 401(k) plan?
Yes, Endeavor Group Holdings offers a matching contribution to the 401(k) plan, which helps employees increase their retirement savings.
What is the vesting schedule for the Endeavor Group Holdings 401(k) matching contributions?
The vesting schedule for matching contributions at Endeavor Group Holdings typically follows a standard schedule, which may vary based on tenure; employees should refer to the plan documents for specifics.
Can employees take loans against their 401(k) balance at Endeavor Group Holdings?
Yes, employees may have the option to take loans against their 401(k) balance at Endeavor Group Holdings, subject to the terms and conditions of the plan.
What investment options are available in the Endeavor Group Holdings 401(k) plan?
The Endeavor Group Holdings 401(k) plan offers a variety of investment options, including mutual funds, index funds, and possibly target-date funds, allowing employees to choose based on their risk tolerance.
How often can employees change their contribution amounts to the Endeavor Group Holdings 401(k) plan?
Employees can typically change their contribution amounts to the Endeavor Group Holdings 401(k) plan on a quarterly basis or as specified in the plan guidelines.
What is the minimum contribution percentage for the Endeavor Group Holdings 401(k) plan?
The minimum contribution percentage for the Endeavor Group Holdings 401(k) plan is usually set at 1% of the employee's salary, but employees should check the specific plan details for confirmation.
How can employees access their 401(k) account information at Endeavor Group Holdings?
Employees can access their 401(k) account information through the online portal provided by Endeavor Group Holdings or by contacting the plan administrator.