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Cloudy Night Signs is a company that makes custom signs and has 12 employees. The owner wants to perform a benefits analysis report for the

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Cloudy Night Signs is a company that makes custom signs and has 12 employees. The owner wants to perform a benefits analysis report for the year for one of its employees, Howard Nelson. The company's medical and dental insurance do not qualify under Section 125. Howard's benefits package is as follows: Annual Salary: $38,950 401(k) contribution: 5 percent of annual salary, company's match is half of employee's contribution up to 6 percent. Medical insurance deduction: $140 per month Dental insurance: $36 per month Required: Complete the following Benefits Analysis Report for Howard Nelson for the year. ( Round your answer to 2 decimal places. Enter all amounts as positive values.) Howard's Cost $ Company Cost $ 9,600 $ 800 $ 1,200 $ 125 $ 500 $ 250 0 0 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 Howard's annual salary Total value of Howard's compensation 0 $ 5,000 Cloudy Night Signs is a company that makes custom signs and has 12 employees. The owner wants to perform a benefits analysis report for the year for one of its employees, Howard Nelson. The company's medical and dental insurance do not qualify under Section 125. Howard's benefits package is as follows: Annual Salary: $38,950 401(k) contribution: 5 percent of annual salary, company's match is half of employee's contribution up to 6 percent. Medical insurance deduction: $140 per month Dental insurance: $36 per month Required: Complete the following Benefits Analysis Report for Howard Nelson for the year. ( Round your answer to 2 decimal places. Enter all amounts as positive values.) Howard's Cost $ Company Cost $ 9,600 $ 800 $ 1,200 $ 125 $ 500 $ 250 0 0 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 Howard's annual salary Total value of Howard's compensation 0 $ 5,000

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