Oak Cove Resorts has eight employees. The owner wants to perform a benefit analysis report for the year for one of its employees, Tristan Cassidy. Tristan’s benefits package is as follows:

Annual salary: $42,950 401(k) contribution: 8 percent of annual salary, the company match is half of the employee’s contribution, up to 5 percent of the employee’s annual salary.

Medical insurance deduction: $340 per month Dental insurance: $21 per month Complete the following Benefits Analysis Report for Tristan Cassidy for 2022.

Transcribed Image Text:

Yearly Benefit Costs Medical insurance Dental insurance Life insurance AD&D Short-term disability Long-term disability 401(k) Social Security Medicare Tuition reimbursement Total yearly benefit costs Tristan's annual salary Total value of Tristan's compensation Company Cost $9,600 800 1,200 125 500 250 $ $ $ 2,500 $ A A A $ Tristan's Cost $ $ -0- -0- -0- -0- $ $ LA LA LA $ -0-