New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

Understanding Risk Tolerance: A Guide for EnLink Midstream Employees Navigating Retirement Changes

Healthcare Provider Update: Healthcare Provider for EnLink Midstream: EnLink Midstream primarily collaborates with health insurance providers to manage employee health benefits; however, specific healthcare providers associated with EnLink Midstream aren't publicly detailed in available resources. Potential Healthcare Cost Increases for EnLink Midstream in 2026: As we look towards 2026, EnLink Midstream could face significant increases in healthcare costs driven by a perfect storm of economic factors. Affordability concerns are amplified by anticipated record hikes in ACA premiums, with some states seeing increases over 60%. The potential expiration of enhanced federal premium subsidies may push out-of-pocket expenses for employees, causing premiums to rise by over 75% for many. This combination of escalating medical costs and regulatory changes could strain both company resources and employee health benefits, necessitating strategic adjustments in how EnLink approaches healthcare coverage. Click here to learn more

The world of investing is very subjective--the investment plan that’s right for you depends largely upon the level of comfort that you have when it comes to risk. We'd like our clients from EnLink Midstream to remember that you can’t completely avoid risk when it comes to investing, but it's possible for you to manage it.

There are two aspects of risk tolerance for EnLink Midstream employees to consider: (1) the capacity of your investment plan itself to absorb losses, and (2) how comfortable you are personally with risk. The first aspect can be quantified--the more flexibility your investment plan has when it comes to potential loss, the more risk your plan can tolerate. For example, as we’ve discussed, a long investment time horizon may allow you to take on more risk than a short time horizon.

'You can’t completely avoid risk when it comes to investing, but it is possible for you to manage it..'

The second aspect, how comfortable you are personally with risk, is more of an emotional measure, and depends on many factors, including your objectives, life stage, personality, and investment experience. Some investors are comfortable with a high degree of risk, while others can tolerate only minimal risk. Individual risk tolerance is an important factor for EnLink Midstream employees in deciding which individual investments are appropriate for them, as well as how their investment dollars should be allocated among different investment classes.

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Investors are typically grouped into three categories for purposes of discussing risk tolerance: aggressive (those who have a high degree of risk tolerance); moderate (those willing to accept some degree of risk), and conservative (those who are risk averse).

What is the primary purpose of the 401(k) plan at EnLink Midstream?

The primary purpose of the 401(k) plan at EnLink Midstream is to help employees save for retirement by allowing them to contribute a portion of their salary on a pre-tax basis.

How can employees enroll in the 401(k) plan at EnLink Midstream?

Employees can enroll in the 401(k) plan at EnLink Midstream by accessing the enrollment portal through the company's HR website or by contacting the HR department for assistance.

Does EnLink Midstream offer a company match for 401(k) contributions?

Yes, EnLink Midstream offers a company match for employee contributions to the 401(k) plan, which helps employees increase their retirement savings.

What types of investment options are available in EnLink Midstream's 401(k) plan?

EnLink Midstream's 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.

When can employees start contributing to the 401(k) plan at EnLink Midstream?

Employees at EnLink Midstream can start contributing to the 401(k) plan after they have completed their eligibility requirements, typically within their first few months of employment.

What is the maximum contribution limit for the 401(k) plan at EnLink Midstream?

The maximum contribution limit for the 401(k) plan at EnLink Midstream follows the IRS guidelines, which may change annually. Employees should check the current limits for the specific year.

Can employees take loans against their 401(k) balance at EnLink Midstream?

Yes, EnLink Midstream allows employees to take loans against their 401(k) balance, subject to the plan's terms and conditions.

What happens to an employee's 401(k) balance if they leave EnLink Midstream?

If an employee leaves EnLink Midstream, they can choose to roll over their 401(k) balance to another retirement account, cash it out (which may incur penalties), or leave it in the EnLink Midstream plan if allowed.

Is there a vesting schedule for the company match in EnLink Midstream's 401(k) plan?

Yes, EnLink Midstream has a vesting schedule for the company match, meaning employees must work for a certain period before they fully own the matched contributions.

How often can employees change their contribution amounts in EnLink Midstream's 401(k) plan?

Employees at EnLink Midstream can typically change their contribution amounts at any time, subject to the plan's guidelines.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.

Eastman Chemical offers a comprehensive 401(k) plan that includes both traditional and Roth options. Employees at Eastman Chemical are automatically enrolled with a 7% deferral rate, with an annual "Auto Increase" feature that raises this rate by 1% each year until it reaches 10%. The company matches 50% of employee contributions up to 7%. Additionally, Eastman Chemical contributes a Retirement Savings Contribution (RSC), equivalent to 5% of the employee's RSC-eligible earnings, which is separate from employee contributions. Employees can further enhance their retirement savings through after-tax contributions, and they can utilize Roth in-plan conversions to potentially grow tax-free retirement income (MyEastmanBenefits) (MyEastmanBenefits). Eastman Chemical's pension plan is a defined benefit plan, where employees accrue benefits based on a combination of years of service and age qualification. However, specific details about the pension formula, years of service, and age qualification were not available in the sources consulted, and further document review would be necessary to obtain this data.

Restructuring and Layoffs: In 2023, EnLink Midstream announced a strategic restructuring aimed at optimizing operations and reducing costs. This included a reduction in workforce to streamline management and enhance operational efficiency. The company cited market conditions and operational challenges as reasons for these changes. The layoffs were part of a broader initiative to align resources with strategic priorities. Importance: Addressing this news is crucial given the current economic environment, where companies are under pressure to adapt to market fluctuations and regulatory changes. The impact of such restructuring on employees and stakeholders, especially in a volatile economic climate, underscores the importance of staying informed about these developments.

EnLink Midstream offers its employees various stock options and Restricted Stock Units (RSUs) as part of its executive compensation packages. The RSUs are awarded under the company's incentive plan, and eligibility extends to executives and key personnel who contribute to the company's growth (EnLink Midstream) (FinViz). EnLink Midstream employees receive these RSUs with vesting schedules typically tied to performance metrics and tenure within the company. Stock options are also available but are generally reserved for senior executives (EnLink Midstream) (EnLink Midstream). EnLink Midstream's stock options and RSUs play a crucial role in aligning employee incentives with shareholder value. The company expanded its RSU awards in 2022, 2023, and 2024 to support long-term employee retention and performance (EnLink Midstream) (Stock Analysis). Senior management and key employees are the primary recipients of these stock options, with vesting conditions tied to financial milestones such as EBITDA growth

Benefits Overview: EnLink Midstream provides a comprehensive benefits package that includes medical, dental, and vision insurance. Employees can also access health savings accounts (HSAs), flexible spending accounts (FSAs), and various wellness programs. Healthcare Terms: HSA: Health Savings Account FSA: Flexible Spending Account EAP: Employee Assistance Program

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For more information you can reach the plan administrator for EnLink Midstream at 1722 Routh St, Suite 1300 Dallas, TX 75201; or by calling them at (214) 953-9500.