Use this worksheet to figure each worker's fringe benefit credit and any cash paid in lieu of fringes, the numbers behind WH-347 column 6 and the fringe statement on your certified payroll. Print it blank for the job folder, or print a filled copy to PDF straight from your browser. If you would rather have the math done for you, the fringe benefit calculator computes the same figures interactively.
One worksheet per worker classification per project.
| Health and welfare | $ |
| Pension / retirement | $ |
| Vacation and holiday | $ |
| Apprenticeship / training | $ |
| Other (describe) | $ |
| Total plan contributions (A) | $ |
Count only payments to bona fide plans, funds, or programs. Amounts paid directly to the worker belong in Step 3, not here. Hourly equivalent = the plan's cost for the contribution period divided by all hours this worker worked in that period, covered and non-covered alike (29 CFR 5.25(c)(1)).
If (A) meets or exceeds the required fringe rate, (B) is zero. Cash in lieu is paid as ordinary taxable wages in the paycheck.
Page-2 Hourly Credit for Fringe Benefits table: each Step 2 line's hourly amount, by plan. Cash in lieu (B) is paid in the paycheck as ordinary wages but never added into Column 6A.
certifiedpayrollpro.com/fringe-benefit-worksheet · Free worksheet, not legal advice. Overtime premiums are computed on the basic hourly rate; consult your wage determination for the required rates.
Next step
Worksheet done. Box 5 on page 2 of the WH-347 is where these plans are listed, with the hourly credit for each worker.