Question
Clark Patrick owns Camel Customs, a company that restores vintage Ford Mustangs. He has nineteen employees. The company's medical and dental plan does not qualify
Clark Patrick owns Camel Customs, a company that restores vintage Ford Mustangs. He has nineteen employees. The company's medical and dental plan does not qualify under Section 125. Clark wants to perform a benefits analysis report for one of his employees, Gayle Rowe, for the year. Gayles benefits package is as follows: Annual Salary: $48,000 401(k) contribution: 3 percent of annual salary, company match is 50 percent of employee contribution Medical insurance deduction: $170 per month Dental Insurance: $23 per month Required: Complete the following Benefits Analysis Report for Gayle Rowe for the year. Do not include FUTA and SUTA taxes. (Enter all amounts as positive values.).
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