|
|
| Estimated
Company Savings Per Year with a Section 125 Cafeteria Plan |
| |
Average
employee Monthly Salary Reduction: |
| #
of employees |
$100 |
$200 |
$300 |
$400 |
| 10 |
$1,440 |
$2,880 |
$4,320 |
$5,746 |
| 25 |
$3,600 |
$7,200 |
$10,800 |
$14,356 |
| 50 |
$7,200 |
$14,400 |
$21,600 |
$28,728 |
| 100 |
$14,400 |
$28,800 |
$43,000 |
$57,456 |
| 200 |
$28,800 |
$43,000 |
$86,400 |
$114,912 |
| 300 |
$43,200 |
$86,400 |
$129,600 |
$172,368 |
| 400 |
$57,600 |
$115,200 |
$172,800 |
$210,600 |
| 500 |
$72,000 |
$144,000 |
$216,000 |
$287,280 |
| 1000 |
$144,000 |
$288,000 |
$432,000 |
$504,000 |
Assumptions: 7.65% FICA and 5% Workers Compensation,
and other Payroll Taxes Equals a 12.65% Total Average
Savings
|
|
