Cory Lakes Community Development District - cory lake isles

Cory Lakes CDDYour Cost as a Percentage of PayrollWorkers' Compensation CodesFL9012FICA Expense 6.20%Medicare Expense 1.45%State Unemployment Tax (SUTA)Federal Unemployment Tax (FUTA) 0.60%Workers' Compensation 1.71%Administration 2.75% Compare onlyYour Present Rates 12.71%FICA Expense 6.20%Medicare Expense 1.45%State Unemployment Tax (SUTA)Federal Unemployment Tax (FUTA) 0.60%Workers' Compensation 1.54%Administration 1.95%Innovative's Rates 11.74%Your Payroll with InnovativeWorkers' Compensation Codes FL9012 TotalsYour Gross Payroll Per Pay 2,308 2,308Your Current Total Cost Per Pay 2,601 2,601Innovative's Total Cost Per Pay 2,579 2,579Your Annual Gross Payroll 120,000 120,000Your Current Annual Total Cost 135,252 135,252Innovative's Annual Total Cost 134,087 134,087Total Annual Savings 1,165Employee Number 4 4Pay Cycle 52Innovative will reduce the above service fees when the statutory maximums are reached for FUTA,SUTA and for FICA. The proposal is not binding until acceptance by Innovative's workers' compcarrier is obtained.Other Charges:The Delivery and Handling Charges are $9.75 per location.