2023 US Benefits Open Enrollment

Important: Action Required

To ensure you have the benefits coverage you need in 2023, please take these steps: 

  • Review the changes to our benefits program for 2023 below.

  • Review your 2023 benefit plan options below.

    • If your spouse or partner is eligible for benefits from another employer, review your coverage options together to decide which plans best meet your family’s needs.

    • Review the side-by-side comparison of medical plan benefits for information on your costs of care under each plan.

  • Review the 2023 Open Enrollment FAQs if you have questions about the changes to our benefits program or your coverage options for 2023. You can also contact Alliant, our benefits advocate (samsara@alliant.com or 925-378-6828).

  • Decide whether you want to change or keep your current elections.

    • All Employees: 

      • If you don’t complete the Open Enrollment process by November 11, your 2022 benefit elections will roll over automatically to 2023, with the exception of your 2022 Health Savings Account (HSA), Flexible Spending Accounts (FSAs), and/or Commuter Benefit Program elections.

      • Your current HSA, FSA, and/or Commuter Benefit Program elections will end on December 31, 2022. Your elections don’t automatically roll over; you must actively elect to contribute to these accounts each year.

    • Current Aetna HMO Plan Participants:

      • If you currently participate in the Aetna HMO Plan and you want medical coverage from Samsara in 2023, you must enroll in a new plan during Open Enrollment. If you don’t elect a new plan, you will not have medical plan coverage from Samsara in 2023. The Aetna HMO Plan terminates on December 31, 2022.

  • Log in to Workday, open your Inbox, and click on “Open Enrollment Change.” Follow the prompts to complete the enrollment process. 

Also Important, But No Action Required

We’re making other great additions and enhancements to our benefits program for 2023! You can take advantage of them at any time–you don’t need to elect to participate in them during Open Enrollment. We’re sharing a preview while we have your attention. More information below.

Changes to Our Benefits Program for 2023

Each year, we review our current benefits program and make changes, if needed, for the coming year. The following changes will be effective on January 1, 2023, and may require you to make new elections during Open Enrollment:

Medical Plan Costs of Coverage

Samsara covers 100% of the cost of employee coverage for the Aetna HDHP. If you enroll in a different plan and/or cover dependents, you and Samsara share the cost of coverage. Your coverage costs are listed in the table below.

Monthly Employee Contribution
Plan Name EE Only EE + SP/DP EE + CH EE + FAM
Aetna HDHP 0 191 128 334
Aetna PPO 99 337 257 515
Kaiser - California HMO 96 328 250 502
Kaiser - Georgia HMO 78 266 235 391
Kaiser - Hawaii HMO 61 206 182 304

Dental Plans Costs of Coverage

Monthly Employee Contribution
Plan Name EE Only EE + SP/DP EE + CH EE + FAM
Guardian Dental PPO 6 18 22 34
Guardian Dental PPO Preferred 18 51 63 95

Vision Plan Costs of Coverage

Monthly Employee Contribution
Plan Name EE Only EE + SP/DP EE + CH EE + FAM
Guardian Vision 1 2 3 5

Additions & Enhancements to Our Benefits Program for 2023

We’re excited to expand our already robust benefits program with additions and enhancements for 2023. You can take advantage of these plans at any time–you don’t need to elect to participate in them during Open Enrollment. 

NEW! Milk Stork through Cleo

  • Through our relationship with Cleo, Milk Stork’s breast-milk delivery service will be available to nursing mothers at Samsara beginning in 2023. Milk Stork will refrigerate, ship, and deliver your breast milk home to your baby while you’re traveling on Samsara business (where permitted by country-specific Customs regulations). 

NEW! Modern Health Therapy & Personal Coaching

  • To provide a consistent experience for Samsarians globally, we’re replacing Spring Health with Modern Health in 2023. You’ll be eligible for up to six therapy sessions and six personal coaching sessions with Modern Health providers. 

NEW! Additional After-Tax 401(k) Plan Contribution Option

  • The Samsara 401(k) plan includes a traditional option for pretax contributions and a Roth option for after-tax contributions. In 2023, the IRS will cap combined traditional pretax and Roth after-tax contributions at $22,500 ($30,000 if you’re age 50 or older).

  • To give Samsarians the opportunity to save even more for retirement, we’re adding another after-tax contribution option. The IRS will cap total contributions at $66,000 ($73,500 if you’re age 50 or older) in 2023. “Total” contributions include your traditional pretax, Roth after-tax, and additional after-tax contributions, as well as Samsara’s matching contributions. In addition to higher contribution limits, the new after-tax component of the plan offers even more future tax savings: when you withdraw money from your 401(k) account in retirement, you won’t pay taxes on earnings on your after-tax contributions. 

  • More information on 401(k) contribution options is available on Fidelity.com. (Fidelity is our 401(k) plan administrator.) We encourage you to speak with a tax professional or financial advisor about saving and investing for retirement. 

We’ll share more information on the new components of our benefits program in the weeks ahead. 

Elections You Can Make Only During Open Enrollment

When you complete the Open Enrollment process, you’ll be prompted to select coverage under the plans listed below. Carefully consider your options before enrolling. You can change your elections in 2023 only if you experience a “qualifying life event,” such as getting married or adding a child to your family. To learn more about any plan, click the section heading.

Medical Plans

Dental Plans

  • Samsara offers two dental plan options: the Guardian Dental Preferred PPO and the Guardian Dental PPO. Both allow you to visit the provider of your choice whenever you seek care, but your out-of-pocket costs are lower when you visit a provider in the Guardian network. The annual maximum benefit and the lifetime maximum orthodontia benefit are higher under the Preferred PPO. 

Vision Plan

  • Our vision plan, which is administered by Guardian, allows you to visit the provider of your choice whenever you seek care, but your out-of-pocket costs are lower when you visit a provider in the Vision Service Plan (VSP) Signature Network.

Flexible Spending Accounts (FSAs)

  • Healthcare, Dependent Care, and Limited Purpose FSAs allow you to make pretax payroll contributions to savings accounts and submit claims for reimbursement as you incur eligible expenses. 

Supplemental Life Insurance Plan

  • Samsara automatically provides you with Basic Life Insurance Plan coverage equal to your annual salary (base + bonus/commissions), with minimum coverage of $75,000 and maximum coverage of $250,000. For added financial protection, you can elect Supplemental Life Insurance Plan coverage for yourself and your dependents.

Elections You Can Make Anytime Throughout the Year

When you complete the Open Enrollment process, you’ll have the option to contribute to a Health Savings Account (HSA) if you enroll in the Aetna HDHP, and to contribute to our Commuter Benefit Program. You can elect to contribute to these plans during Open Enrollment or anytime throughout the year. You can also stop, increase, or decrease your elections at any time.

Health Savings Account (HSA)

  • Samsara partners with Forma to open HSAs for participants in the Aetna HDHP. Each pay period, Samsara will deposit money in your HSA to help you pay for eligible healthcare expenses, such as medical and dental office visit copays, prescription drugs, and eyeglasses. 

  • You can elect to make additional contributions to your HSA through pretax payroll deductions. The maximum annual IRS contribution limits for 2023 are $3,850 (if you enroll in the Aetna HDHP at the employee-only coverage level) and $7,750 (if you enroll yourself and at least one family member in the plan). The maximum contribution limits are $4,850 and $8,750, respectively, for employees age 55 or older. These maximums include your contributions plus Samsara’s contributions; you’re responsible for ensuring you don’t overcontribute.

Commuter Benefit Program

  • Samsara’s Commuter Benefit Program allows you to contribute to transit and/or parking savings accounts through pretax payroll deductions. Money in your transit account can be used to pay for expenses you incur while using public transportation to commute to and/or from work; money in your parking account can be used to pay for parking at or near Samsara offices.

Benefits That Don’t Require Enrollment

In addition to the plans outlined above, you’re eligible for all of the following programs and services. You don’t need to elect these benefits during Open Enrollment; they’re available to you whenever you choose to take advantage of them. 

401(k) Plan & Financial Planning Services

  • Samsara’s 401(k) Plan gives you the opportunity to contribute to a retirement savings account through payroll deductions. Our plan includes a traditional option for pretax contributions and a Roth option for after-tax contributions. Samsara matches 100% of the first 4% of your traditional and Roth contributions, and you own 100% of the matching contribution as soon as it’s deposited in your account. (When you join Samsara, you’re automatically enrolled in the traditional plan at a 1% contribution rate. You can change this rate anytime.) 

  • To allow Samsarians to save even more for retirement, we’re adding another after-tax contribution option for 2023. The IRS cap on “total” contributions – your traditional pretax, Roth after-tax, and additional after-tax contributions, as well as Samsara’s matching contributions – will be $66,000 ($73,500 if you’re age 50 or older) in 2023. In addition to higher contribution limits, the new after-tax component of the plan offers even more future tax savings: when you withdraw money from your 401(k) account in retirement, you won’t pay taxes on earnings on your after-tax contributions. 

  • More information on 401(k) contribution options is available on Fidelity.com. (Fidelity is our 401(k) plan administrator.) You also have access to financial planning services if you need help setting savings goals, assessing your tolerance for investment risk, selecting investment options, and more. We encourage you to speak with a tax professional or financial advisor about saving and investing for retirement. 

Basic Life & Accidental Death & Dismemberment Insurance Plans

  • Samsara provides Basic Life and Accidental Death & Dismemberment (AD&D) Insurance Plan coverage equal to your annual salary (base + bonus/commissions), with minimum coverage of $75,000 and maximum coverage of $250,000. Your Basic Life Insurance Plan coverage pays your beneficiary if something happens to you. Your Basic AD&D Insurance Plan coverage pays a benefit to your beneficiary or you in the event of your accidental death or injury. You don’t need to enroll in either plan, but you do need to designate beneficiaries. You can update your beneficiary designations at any time through Workday should circumstances change. 

Carrot Family Planning

  • Carrot provides personalized fertility care (testing and diagnosis, egg freezing, in-vitro fertilization, and more) and family-building services for employees who are adopting or having a child through surrogacy. Services are provided regardless of gender, sexual orientation, marital status, or geographic location.

Cleo Parenting Support Services

  • Whether you’re planning a family, new to parenting, or preparing to return to work after a leave, Cleo can help you build confidence in your parenting with the personalized support of a Cleo coach and educational programs. This benefit is available to all parents. 

Donation Matching

  • We encourage Samsarians to be actively involved in supporting our local and global communities. Samsara matches up to $500 of your eligible donations to charitable organizations. (More information on Benevity, our new donation platform, coming soon!)

Hootfund

  • Samsarians receive $150 each fiscal quarter through the Hootfund for use on wellness, professional development, and family and home expenses. 

Short- and Long-Term Disability Plans

  • If you’re unable to work due to an illness or injury, Samsara’s short-term disability plan pays 66.67% of your annual salary, up to $2,500 per week, until you’re able to return to work. If your disability lasts longer than 180 days, our long-term disability plan pays 66.67% of your annual salary, up to $12,000 per month, until your disability ends or you reach age 65, whichever comes first.

Time Off

  • Samsara offers paid holidays and paid time off to help employees rest, recharge, and take care of yourself or your family members. Our leave policies–which include 16 weeks of fully paid parental leave and a six-week sabbatical every five years–are more generous than what’s mandated by the countries where our employees live and work, and comparable to or better than those offered by our peer companies.

Additional Resources

Reminder: If you don’t complete the Open Enrollment process by November 11, your 2022 benefit elections will roll over automatically to 2023, with the exception of your 2022 Health Savings Account (HSA), Flexible Spending Accounts (FSAs), and/or Commuter Benefit Program elections. Your current HSA, FSA, and/or Commuter Benefit Program elections will end on December 31, 2022. Your elections don’t automatically roll over; you must actively elect to contribute to these accounts each year.

Thank you for helping us to build for the long term together. We have designed this benefits program to look after your health and wellbeing. As always, we will continue to explore ways to offer comprehensive, market competitive total rewards.