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

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How Domino's Pizza Employees Can Get 'Unstuck' and Enjoy Their Wealth

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Healthcare Provider Update: Healthcare Provider for Domino's Pizza: Domino's Pizza primarily offers health insurance coverage to its employees through UnitedHealthcare, one of the largest health insurance providers in the United States. Potential Healthcare Cost Increases in 2026: In 2026, Domino's Pizza and its employees may face significant increases in healthcare costs, aligned with projected surges in Affordable Care Act (ACA) marketplace premiums, which are expected to rise by an average of 18%, with some states seeing hikes over 60%. Factors contributing to these increases include the expiration of enhanced federal premium subsidies that currently assist many employees, thereby potentially raising out-of-pocket costs sharply-by over 75% for some individuals. As medical costs continue to climb, these challenges could place a financial strain on both the company and its workforce, possibly affecting employee retention and satisfaction. Click here to learn more

'Domino's Pizza employees seeking a meaningful and balanced life should recognize that true wealth isn't just about financial stability but also embracing fulfillment in all aspects of life, including health and well-being.' – Michael Corgiat, a representative of The Retirement Group, a division of Wealth Enhancement Group.

'Helping Domino's Pizza employees achieve a fulfilling life requires more than financial strategies; it's about guiding them to live with purpose, balancing wealth with wellness to truly enjoy their success.' – Brent Wolf, a representative of The Retirement Group, a division of Wealth Enhancement Group.

In this article, we will discuss:

  1. The connection between happiness and money

  2. How financial advisors can help clients get 'unstuck'

  3. The importance of balancing financial, emotional, and physical well-being

It can be difficult for financial consultants to offer more than just a sound financial strategy. A highly influential financial counselor understands that success is based on more than just statistics, even though creating a stable future is crucial. Crafting a happy and satisfying life for clients—balancing not just their financial wellness but also their physical and mental well-being—is the key to true success. Domino's Pizza employees can feel grounded and rooted in all facets of their lives, not just their finances, according to our three-pronged strategy.

The Connection Between Happiness and Money

There is a widespread misperception that having money inevitably makes one happy. Actually, I've seen a lot of people who are wealthy yet find it difficult to enjoy their prosperity. Even though they are in a position to spend comfortably, some people are inhibited by their fear of doing so. For example, one customer hesitated to book nonstop flights because he was so reluctant to spend money, despite the fact that layovers had a major negative impact on his quality of life. A different customer would routinely skip dinner due to cost rather than health issues.

However, I have also worked with people who struggle with compulsive spending, which is the opposite tendency. They continue to overindulge in the hopes that the future will correct their current financial irresponsibility, even if they have pledged to control their behaviors. Although there are benefits to the 'Carpe Diem' attitude, living extravagantly can harm a client's financial future.

The most important lesson is that the objective is to spend in a way that brings happiness and satisfaction, not to spend the least or the most. It is our responsibility as financial advisors to help clients strike that balance by advising them to engage in fulfilling experiences and endeavors rather than only attempting to reduce costs or satisfy material cravings.

Getting 'Unstuck' Clients

As a financial advisor, one of my most important responsibilities is to assist customers who are feeling 'stuck.' This can take many forms: some people are stuck in a financial mindset that keeps them from appreciating their prosperity, while others are physically ill and lack the stamina to engage in the things they used to enjoy. Many individuals experience mental loneliness or uncertainty about their life's purpose.

The objective is to assist them in being 'unstuck.' This could be advising that a client finally upgrade to first-class when they travel, or urging them to take that long-awaited family trip that they have been putting off for years. It might also entail helping them find new interests, like gardening or photography, or assisting them in getting back into exercise by getting them a personal trainer or joining a gym.

Pickleball is among the most successful activities I've recently introduced to my customers. For many, this inexpensive but incredibly captivating sport has changed their lives. It offers social interaction, which is crucial for mental health, in addition to physical exercise. After learning pickleball, clients have said they feel more motivated and excited about life. Seeing these great changes has been immensely satisfying, and the game has turned into a reason to look forward to something.

Posing Appropriate Questions

Asking the proper questions is the first step in assisting customers in becoming unstuck. I probe them with inquiries that delve deeper into their lives rather than just their portfolios. 'How are you? Are you continuing to be active? What do you most eagerly anticipate?' I can learn more about their priorities thanks to these inquiries. The truth is that relationships, health, or a lack of purpose are more common worries for many people than money.

Advisors can assist clients in identifying the aspects of their lives that they can control and letting go of the things that they cannot by interacting with them on this deeper level. When clients are based on a sense of general well-being, financial decisions become simpler. Addressing clients' emotional, physical, and financial issues enables them to make choices that are in line with their actual preferences.

Encouraging Customers to Lead the Life They Desire

Giving clients financial guidance is only one aspect of helping them become unstuck; another is enabling them to use their wealth in ways that truly bring them joy. You can tell you're having a real influence when your clients walk away from a conversation feeling lighter, more confident, and more excited about their future. In addition to helping their clients accumulate wealth, financial advisors should assist them in creating a worthwhile life.

The function of an advisor goes beyond creating financial plans; it also involves helping clients create life plans that strike a balance between fulfillment and enjoyment. These interventions lay the groundwork for long-term satisfaction, whether it's recommending a trip, fostering a new pastime, or assisting a client in making health-related investments. The goal of wealth is to improve one's life, not only accumulate it.

In summary, managing investments and portfolios is only one aspect of being a financial advisor. Understanding clients' core needs—how they want to spend their time, what brings them joy, and how they may live life to the fullest—is where the true value lies. Domino's Pizza employees can feel financially confident and pleased in all other aspects of their lives when they can enjoy the wealth they have amassed. In addition to a healthy portfolio, this all-encompassing approach to financial counseling results in a happier, healthier life.

Brian Parker, CFP, managing director and co-founder of EP Wealth Advisors, works with professionals, athletes, entrepreneurs, and executives. He also participates in initiatives promoting women's programming, financial literacy, and charitable giving. Brian sits on various boards that support sports, health, wellness, and youth education.

For senior citizens, consistent physical activity has major health benefits. Even a small amount of regular exercise, like walking, has been shown to significantly lower the chance of developing chronic diseases like diabetes, heart disease, and several types of cancer. According to a study published in Preventive Medicine, for example, walking 3,000 steps a day can reduce the chance of dying prematurely. For people over 60, the advantages are greatest when walking 7,000 to 9,000 steps a day. Strength and endurance training can also improve mobility, balance, and general physical function, leading to a better quality of life and more independence as people age.

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Sources:

1. 'The Life-Changing Benefits of Exercise After 60.'  National Council on Aging , 2021.
www.ncoa.org/article/the-life-changing-benefits-of-exercise-after-60 .

2. 'Mental health around retirement: evidence of Ashenfelter's dip.'  BMC Geriatrics , 2023.
doi:10.1186/s12877-023-02999-x.

3. '4 tips for getting fit at any age, from a sports scientist who studies athletes as old as 92.'  Business Insider , 2025.

4. 'Participating in Activities You Enjoy As You Age.'  National Institute on Aging , 2022.
www.nia.nih.gov/news/participating-activities-you-enjoy .

5. 'Plan Your Retirement And Improve Your Mental And Physical Health.'  Forbes , 9 May 2025.
www.forbes.com/sites/stevevernon/2025/05/09/plan-your-retirement .

What is the 401(k) plan offered by Domino's Pizza?

The 401(k) plan at Domino's Pizza is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out.

How can employees of Domino's Pizza enroll in the 401(k) plan?

Employees can enroll in the Domino's Pizza 401(k) plan by completing the enrollment process through the company's benefits portal or by contacting the HR department for assistance.

Does Domino's Pizza match employee contributions to the 401(k) plan?

Yes, Domino's Pizza offers a matching contribution to the 401(k) plan, which helps employees grow their retirement savings.

What is the maximum contribution limit for the Domino's Pizza 401(k) plan?

The maximum contribution limit for the Domino's Pizza 401(k) plan follows the IRS guidelines, which can change annually. Employees should check the current limits for the year.

Can employees of Domino's Pizza take loans against their 401(k) savings?

Yes, Domino's Pizza allows employees to take loans against their 401(k) savings, subject to certain terms and conditions outlined in the plan documents.

What investment options are available in the Domino's Pizza 401(k) plan?

The Domino's Pizza 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to help employees diversify their portfolios.

How often can employees change their contribution percentage in the Domino's Pizza 401(k) plan?

Employees can change their contribution percentage to the Domino's Pizza 401(k) plan at any time, typically through the benefits portal or by contacting HR.

What happens to my 401(k) savings if I leave Domino's Pizza?

If you leave Domino's Pizza, you have several options for your 401(k) savings, including rolling it over to another retirement account, cashing it out, or leaving it in the Domino's Pizza plan if allowed.

Is there a vesting schedule for the employer match in the Domino's Pizza 401(k) plan?

Yes, the employer match in the Domino's Pizza 401(k) plan may be subject to a vesting schedule, which means employees must work for a certain period before they fully own the matched funds.

How can employees monitor their 401(k) accounts with Domino's Pizza?

Employees can monitor their 401(k) accounts through the online benefits portal provided by Domino's Pizza, where they can view balances, investment performance, and make changes.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Domino's Pizza offers a 401(k) savings plan for its employees, known as the Domino's Pizza 401(k) Savings Plan. This plan has been in place since 1984 and provides several benefits, including an employer match. In 2022, the employer match rate was approximately 57.53% of employee contributions, with a total allocation of $12,901,384 towards matching contributions. The plan's total assets by the end of 2022 were $353,603,679, with an average participant account value of $25,666. This 401(k) plan is the primary retirement savings vehicle for Domino's Pizza employees, allowing participants to defer a portion of their salary, with Domino's providing matching contributions to support employee retirement goals. The plan includes features like default investments for those who do not select their own options. As for the company's pension plans, specific details regarding eligibility, years of service, and age qualifications were not prominently featured in the sources. The primary focus appears to be on the 401(k) savings plan, which acts as the main retirement plan for employees.
News: In 2023-2024, Domino's Pizza faced several significant changes. The company experienced a decline in global revenue, with a reported 1% drop in the last quarter of 2023. This shortfall was attributed to staffing shortages, which led to reduced store hours and affected customer service. Additionally, the CEO, Ritch Allison, announced his retirement in early 2024, with Russell Weiner taking over as the new CEO. These changes were compounded by ongoing challenges such as higher costs and labor shortages, which have strained the company's operational efficiency. Importance: It is critical to address this news because the current economic environment is challenging for businesses, especially with rising operational costs and labor market volatility. Understanding these changes is vital for stakeholders, particularly in light of the ongoing shifts in consumer behavior, tax implications, and investment strategies as the company navigates these economic challenges.
For Domino's Pizza, stock options and Restricted Stock Units (RSUs) have been consistently offered to employees, particularly focusing on higher-level management. The stock options are typically tied to performance metrics and vest over a specific period, while RSUs are generally awarded based on continued employment. The latest information for 2022, 2023, and 2024 shows that both stock options and RSUs continue to be integral parts of Domino's compensation strategy, with eligibility primarily for executives and key personnel.
Domino's Pizza offers a range of health benefits to its employees, which have been tailored to meet the needs of different worker categories, including full-time and part-time team members. For the years 2022, 2023, and 2024, these benefits include standard healthcare offerings such as medical, dental, and vision coverage, as well as more specialized options like health savings accounts (HSAs) and wellness programs aimed at promoting overall well-being. A key aspect of Domino's health benefits strategy is transparency in coverage, which is highlighted through their adherence to the Transparency in Coverage rules, allowing employees to access detailed information about their healthcare plans. This initiative is part of Domino's broader commitment to "putting people first," as outlined in their stewardship reports from 2022 and 2023. Domino's has also been proactive in addressing rising healthcare costs, a common concern across the industry. In 2023, the company faced higher insurance costs, which were one of the contributing factors to increased labor expenses. Despite these challenges, Domino's has worked to maintain a competitive benefits package to support its employees' health and well-being. Recent developments in employee healthcare include adjustments to insurance premiums and a focus on mental health resources, reflecting broader trends in the corporate benefits landscape. Additionally, Domino's has been updating its employee resources and communication channels to ensure that team members are fully informed about their health benefits and how to utilize them effectively.
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For more information you can reach the plan administrator for Domino's Pizza at 30 Frank Lloyd Wright Dr Ann Arbor, MI 48106; or by calling them at (734) 930-3030.

https://pitchbook.com/profiles/company/11710-18 https://pizzatoday.com/topics/industry-news/2024-pizza-industry-trends-report/ https://www.myplaniq.com/invest/planinfo/dominos-pizza-401k-savings-plan/ https://annualreport.stocklight.com/nyse/dpz/23655957.pdf https://ir.dominos.com/ https://www.thelayoff.com/t/1dLvHWkc https://www.cashbalancedesign.com/resources/contribution-limits/ https://www.theretirementgroup.com/featured-article/5448068/how-can-dominos-pizza-professionals-reduce-their-tax-burden https://www.sec.gov/Archives/edgar/data/1286681/000095017023003938/dpz-ex10_18.htm https://www.kiplinger.com/

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