401(k) contribution: 6 percent of annual salary. The company match is 75 percent of employee contribution up to 4 percent.



Medical insurance deduction: \$230 per month

Dental insurance: \$15 per month



Required:

Complete the following Benefits Analysis Report for Avery for the year. Do not include the FUTA and SUTA taxes.



Note: Enter all amounts as positive values. Round your answers to 2 decimal places.



Yearly Benefit Costs
Company CostAvery's Cost

Medical insurance
\$ 7,200.00\$ 2,760.00

Dental insurance
\$ 1,000.00\$ 180.00

Life insurance
\$ 200.00\$ 0.00

AD\
D\$ 50.00\$ 0.00

Short-term disability
\$ 500.00\$ 0.00

Long-term disability
\$ 250.00\$ 0.00

401(k)
\$ 1,426.00\$ 2,139.00

Social Security

Medicare

Tuition reimbursement
\$ 5,200.00\$ 0.00

Total yearly benefit costs

Avery's annual salary
\$ 35,650.00

Total value of Avery's compensation