A little clarity, hands-on
Employee benefits budget
Model a monthly and annual employer contribution for your team.
60%
Change the example assumptions to model your own contribution discussion.
Illustrative employer cost
$4,680 / month
$56,160 per year
Employee share in this simplified model: $260 per person, per month.
Start a benefits conversationEmployees × assumed premium × employer contribution percentage. This does not calculate a carrier quote, legal minimum contribution, ICHRA affordability or tax-credit eligibility. It excludes dependent tiers, participation variation, administrative fees, payroll taxes and renewals. Employer requirements and actual prices must be confirmed.
Using this tool
What does the employer benefits budget estimate?
It multiplies employee count by an assumed monthly premium and the employer contribution percentage. Annual employer cost is twelve times that result. It does not quote an insurer.
What additional costs could be missing from the benefits budget?
Dependent contributions, administration, service fees and actual plan rates may change the total. Confirm the contribution basis and employee eligibility before budgeting.