Choosing the right plans matters for your health and your financial wellbeing. Use these resources to learn about your benefits, use the tools and resources available, then select the best benefits for you and your family.
ON the LPL Network: From the Home page of LPL@Work, use the Single Sign-on (SSO) link found in the My Apps/Systems listing. IMPORTANT: The SSO link does NOT work in Internet Explorer (IE). Please use Chrome, Firefox or Safari to log in.
OFF the LPL Network: If you've already registered for ADP Self-Service, use your username and password to access to https://my.adp.com. First-time users will need to enter registration code: lplp-lpl. If you've forgotten your login credentials or have technical difficulties, contact the LPL Benefits Service Center at 1.855.894.7752 or LPLFinancialServiceCenter@adp.com.
Use this checklist to help you enroll in your benefits.
When choosing a medical plan, it’s important to think about the whole cost of coverage — the amount you’ll spend out of your paycheck, as well as out of your pocket (copays, deductibles, and coinsurance).
1. Do I need to enroll as a new hire?
As a New Hire, you have the opportunity to enroll in a wide variety of benefits, including voluntary Life/AD&D with a one-time Guaranteed Issue offer, with no Evidence of Insurability (EOI) required. If you do not enroll before your 30th day of your employment, you will be automatically enrolled in the LPL-paid benefits only (Basic Life/AD&D, Basic STD and Basic LTD). Note, unless you experience a Qualifying Life Event (QLE), you will not have another opportunity to enroll until the next Open Enrollment period in October 2022 for 2023 benefits. Review the site and use the decision tools to be confident that you are making the best decision for you and your family.
2. How are the medical plans different?
The key difference between the plans is how much you pay in premiums, how much you pay for services throughout the year, and where you can go for care. Consider how you prefer to handle costs. For instance, would you rather pay extra from your paycheck for a medical plan that covers more of your costs when you need care, or pay as little as possible from your paycheck — even if that means bigger bills when you need care? Compare the plans here.
3. What’s the difference between the Health Care Flexible Spending Account (FSA) and the Health Savings Account (HSA)?
The way the Health Care FSA and the HSA work is largely the same — you contribute to your account through automatic, before-tax payroll deductions, then you can use the money to pay for eligible health care expenses. However, there are some important differences. For example, unlike an FSA, all the unused money in an HSA rolls over year after year and is always yours to keep. And, you can change your HSA contribution amount during the year whenever you want. Compare the accounts here. To learn more about an HSA account, watch this short video.
4. I have questions about my benefits. Who should I contact?
Be sure to review this site (myLPLBenefits.com) for many details about each benefit and for carrier/vendor contact information. Plus, check out the Tools to Help You Choose page to see a full list of helpful resources, including benefits presentations, the Benefits at a Glance Guide and links to virtual Benefit Counseling Sessions with ALEX. If you still have questions regarding plan selection, contact Alight at 1.800.513.1667, extension 984. If you experience technical difficulties during your enrollment in ADP My Pay and Benefits, contact the LPL Benefits Service Center at 1.855.894.7752 or LPLFinancialServiceCenter@adp.com.