A guide to KPMG's benefits

Your Career. Inspired.

1A guide to KPMG’s benefits

Upon full-time eligibility status, and each year thereafter, you have the opportunity to enroll in KPMG’s

full suite of benefit plans, including medical, dental, and life insurance. Firm-provided benefits, such as

personal days, short-term disability coverage, basic life insurance, and business travel accident insurance,

are provided automatically on your date of hire.

This resource provides a convenient summary of KPMG’s full-time employee benefits program as of 2022.

Benefit offerings will be based upon those in effect at the time of eligibility.

Your health

Medical plans

KPMG offers a variety of medical plans to suit you

and your family’s needs: Aetna Choice® POS II,

Aetna HealthFund®, Aetna Narrow Network Plus,

MED 1600, MED 5000, or a health maintenance

organization (HMO) in your area. These plans differ in

terms of benefits coverage, out-of-pocket expenses,

and deductibles, but all plans provide comprehensive

coverage for a variety of medical services.

For Aetna plan participants, health care advocacy

services are available through Aetna One Advocate.

You have access to a dedicated team of advocates

who can help you manager your health care by

coordinating your health and well-being holistically.

Health savings account

Employees enrolled in MED 1600 or MED 5000 are

eligible to establish a health savings account and make

tax-deductible contributions that may be accumulated

over the years and distributed on a tax-free basis to

pay for any medical expenses. In addition, full-time

employees enrolled in KPMG’s HSA through the Bank

of America will receive an annual contribution amount

that will be automatically deposited into their HSA.

Dental plans

KPMG offers three dental plans: Aetna’s preferred

provider organization that allows you to use any

dental provider of your choice, a dental maintenance

organization (DMO) through Aetna, and a DeltaCare

USA DMO plan through Delta Dental. Both DMO

plans require that you use specific providers

contracted by Aetna or Delta Dental in order to

receive the benefit. All three plans provide a broad

range of coverage, from routine checkups to

orthodontia for employees and covered dependents

(spouse/domestic partner and children).

Vision care

KPMG offers two vision plans: the EyeMed Vision Care

program and VSP. These plans provide vision care

coverage, as well as discounts on eyeglasses, contact

lenses, eye exams, an additional pair of glasses for

computer use (EyeMed only), LASIK eye surgery, and

PRK treatments. To use these discounts, services

must be obtained from providers participating in these

programs.

Short-term disability

KPMG protects an employee’s pay during an extended

absence due to illness or injury. The amount of your

short-term disability benefit is 100 percent of your

weekly base pay in effect at the time you become

A guide to

KPMG’s benefits

We’re committed to your care.

logo are trademarks used under license by the independent member firms of the KPMG global organization. NDP253665A-1B

Your Career. Inspired.

2A guide to KPMG’s benefits

disabled for the first 12 weeks of disability and 66.6

percent for the balance of your eligible short-term

disability period. However, employees with fewer than 3

months of service will receive 66.6 percent of base pay

for the entire short-term disability period.

Life insurance programs

KPMG provides group term life insurance coverage,

at no cost to you, equal to your annual base pay, up

to a maximum of $50,000. Employees may also elect

to purchase additional life insurance coverage for

themselves, their spouse, and/or dependent children.

KPMG automatically provides business travel accident

insurance equal to five times an employee’s base

salary at no cost in the event of accidental death or

partial payment in the event of dismemberment while

traveling on firm business. Employees may also elect

to purchase business pleasure accident insurance,

which provides coverage in addition to business travel

accident insurance, for themselves and their family.

Long-Term Care (LTC) + Universal Life Insurance

Protect your financial future with the firm’s LTC +

Universal Life Insurance program that offers coverage

for long-term care and life insurance within one policy.

Flexible Spending Accounts

KPMG’s Flexible Spending Account allows employees

to pay for certain eligible healthcare and dependent day

care on a pretax basis, which results in money savings

and reduced taxable income.

Your life

Work/Life

KPMG has several programs to encourage a flexible,

diverse, and family-friendly workplace, such as the

following:

— Alternative Work Arrangements (AWA): (1) flextime,

where employees choose their starting and ending

times within set management limits; (2) remote work

options; (3) compressed workweek; (4) regular part-

time; (5) job sharing; and (6) phased return from leave.

— KPMG’s Employee Assistance Program offers

employees and their immediate family members

assistance on a variety of personal issues,

including work overload, stress, and alcohol or drug

dependency, etc.

— Family-oriented programs for eligible employees

include a generous parental leave program, new

parent coaching, emergency backup and ongoing

child care support and resources.

— All Family and Medical Leave Act (FMLA) eligible

parents will receive 12 weeks of paid parental leave

to bond with a newborn, newly-adopted or new

foster care child, regardless of whether you are the

primary caregiver. This is in addition to disability

leave for employees who give birth. The firm’s

Adoption Reimbursement Program also provides up

to a $35,000 reimbursement for eligible adoption

and surrogate related expenses.

— Discounts are available at several child care providers

and in-home care and center-based backup care. In

addition, the firm offers an emergency backup care

program for children and adults/elders, as well as an

online care database for full-time, part-time, evening,

and weekend care needs.

— KPMG offers new parents returning to work five hours

of one-on-one career coaching to help transition back

to work. Professional coaches who are familiar with

KPMG’s work environment are available to help work

though a range of work/life issues.

— The Impact Volunteer Hours Program enables

employees to volunteer up to 12 hours per fiscal

year for community programs during KPMG’s

normal business hours.

— The KPMG Perks at Work program is designed

to help you save time and money at hundreds of

retailers and other service providers.

Additional benefits

— KPMG offers 15–25 paid days off each year,

depending on an employee’s position and years of

service.

— The firm also provides time off for additional

nationally recognized holidays, plus a Summer break

around the July 4th holiday and a year-end Winter

break. These breaks allow you to plan your vacation

in advance, knowing that the rest of the firm is also

taking advantage of the time away from the office.

— FMLA-eligible employees can take up to 3 weeks

of fully paid caregiver leave to care for a member

of their family or household with a serious health

condition. This leave includes up to 5 days that can

be used for bereavement.

— Additionally, the firm offers two caregiver concierge

programs to help you navigate a wide range of

caregiving needs, including caring for someone with

a disability.

— Under KPMG’s Employee Referral Program,

employees may be eligible to receive up to $4,000

for referring employees to the firm.

logo are trademarks used under license by the independent member firms of the KPMG global organization. NDP253665A-1B

Your Career. Inspired.

3A guide to KPMG’s benefits

— KPMG rewards employees for valuable

contributions and years of service with the firm

under the Service Recognition Program.

— MetLife Legal Plans provide access to legal services

on a wide variety of matters.

Your wealth

The KPMG 401(k) Capital Accumulation Plan (401(k)

CAP)

The 401(k) CAP offers employees the opportunity

to save on a pre-tax basis, on a Roth 401(k) basis,

and/or on an after-tax basis (additional catch-up

contributions are also allowed if over age 50) all with

the convenience of automatic payroll deduction. In

addition, KPMG automatically gives eligible participants

an annual contribution under the plan that can range

from 6% to 8% of their total earnings, provided

they have one year of service with the firm and are

employed on the last business day of the year.

Unlike many companies, KPMG does not require

employees to make 401(k) contributions in order

to receive KPMG’s contribution. We believe that

employees should have choice and control over their

own personal cash to deploy as best meets their needs.

You can select how you want to invest your own

savings as well as KPMG’s contributions from among

a menu of investment choices. Loans, hardship

withdrawals and in-service distributions are available to

address “point in time” financial needs.

Auto-enrollment and Advice Access

Sixty days after you start employment with KPMG you

will be automatically enrolled in the savings feature of

the401(k) CAP with a pre-tax contribution election of 5%

of your earnings with automatic increases of 1% each

November 1 to a maximum 8% pre-tax contribution

rate. You have 30 days from your eligibility date to

opt out or change your contribution rate. This auto-

enrollment feature will help ensure that employees

regularly save for their future. Employees can elect to

increase, reduce or eliminate this savings election at

any time. If employees do not visit the Merrill website

to direct the investments of future contributions, their

contributions (and KPMG’s CAP contributions) will be

automatically invested using the automated advisory

feature known as Merrill Advice Access.

Advice Access is available to participants at

no additional cost. It provides personalized

recommendations and can recommend an asset

allocation, as well as individual investments based

on your personal financial circumstances. Advice

Access uses investment allocation models from

an independent third-party advisor to create its

recommendations. You may contact Merrill directly by

either calling 1-888-401-KPMG (5764) to speak with

a Merrill service representative or go to the Merrill

website at www.benefits.ml.com.

Ayco Personal Financial Management

Provided at no cost to you is the Ayco Personal

Financial Management coaching program (Ayco). Ayco

offers access to one-on-one phone-based guidance

from skilled financial coaches and puts digital financial

planning tools at your fingertips. Whether you’re just

beginning your career or planning for retirement, this

program can help you take control of your finances

and reach your future goals. Access to your coach is

unlimited.

Student Loan Refinancing Program

KPMG offers access to the Citizens Bank Education

Refinance Loan program. Whether you’re looking to

lower your student loan rates, lower your monthly

payment or pay off your loans faster, this program

can help make paying for school easier and more

affordable.

Early Career Rewards program

Early-career professionals are critical to our firm’s

long-term success, and we’re committed to providing

attractive rewards that recognize the contributions you

make—both now and in the future. In addition to the

attractive and competitive compensation we provide

all of our people, we’ve created this special rewards

program just for early-career KPMGers that not only

provides a long-term financial incentive but also makes

life easier today by helping pay for some of the things

that are most important to you right now. The program

is comprised of two components: (1) Annual “perks”

reimbursements of up to $1,200 each fiscal year,

which can be used to pay for a variety of personal

expenses-from student loan payments to electronics

to food delivery to gym memberships! (2) A one-time,

$8,000 bonus to recognize your investment in your

career at KPMG. This bonus will be paid out in May

following either three years of service from being hired

as a senior associate, or if you are hired as an associate

and then are promoted to senior associate, three years

after your promotion. The program is open to client

service associates and senior associates who are US

KPMG LLP employees and Full-time (including those

on reduced work schedules).

logo are trademarks used under license by the independent member firms of the KPMG global organization. NDP253665A-1B

Your career

CPA incentive program

KPMG offers certified public accountant (CPA) review

course options to candidates who accept their full-time

employment offer. The courses offered include the

Becker CPA Review Course Live (including Live Fast

Pass), Live-Online (including Live-Online Fast Pass) or

Online and select approved university-sponsored CPA

review courses. KPMG provides reimbursement for

CPA exam application and sitting fees upon successful

completion of all four parts of the CPA exam within

your first two years of employment. In addition, you

are eligible to participate in KPMG’s incentive program.

If you pass the CPA exam before your start date or

within your first year of exam eligibility, but not to

exceed three years from date of hire as an Associate,

you will receive a $5,000 CPA incentive award. If

you pass the CPA exam during your second year of

employment or second year of exam eligibility, but

not to exceed three years from date of hire as an

Associate, you will receive a $3,000 CPA incentive

award. KPMG also honors new hires who receive the

Elijah Watt Sells Award with a $10,000 bonus shortly

after joining the firm full time.

Advisory certification program

Advisory professionals are supported and encouraged

to obtain certifications to achieve and maintain their

professional status. Program components include

reimbursement for the review course and exam

fees, as well as a $1,000 bonus for each certification

earned. Preapproval is required. Below are examples of

common certifications earned:

Professional certifications:

— Certified Information Systems Auditor (CISA)

— Certified Internal Auditor (CIA)

— Certified in Healthcare Compliance (CHC)

— Chartered Financial Analyst (CFA)

— Financial Risk Management (FRM)

— Project Management Professional (PMP)

Six Sigma certifications:

— Lean Sensei

— Lean Six Sigma Black Belt

— Six Sigma Black Belt

— Six Sigma Black Belt Certification by ASQ with the

completion of two real projects

Tax certification program

Tax professionals are supported and encouraged to

obtain certifications to achieve and maintain their

professional status. KPMG will reimburse you for

review courses, materials, and exam fees toward

certain professional certifications and pay a $1,000

bonus for obtaining the certification. The certification

must be preapproved for the practice to which you are

assigned. Successful passing of the Bar exam is also

considered eligible for a certification bonus. Employees

are eligible for reimbursement for the cost of one

formal Bar examination review course and the fee for

sitting for their first Bar exam for one state, up to a

maximum aggregate amount of $2,500 if they pass the

exam within their first year of employment.

kpmg.com/socialmedia

kpmgcampus.com

Your Career. Inspired.

This brochure is designed to provide general information about KPMG’s benefits programs, policies and practices.

It is not intended to constitute a complete guide. It is important to remember that individual situations do and will

vary, and there are no guarantees of any particular benefit or program eligibility. Further, the programs, policies

and practices described herein do change from time to time, and KPMG reserves the right to make such changes

or discontinue any programs, policies or practices at any time and for any reason, subject to applicable federal,

state and local laws.

of independent member firms affiliated with KPMG International Limited, a private English company limited by

member firms of the KPMG global organization. NDP253665A-1B