Driven by the Best -Prime Inc.

What is Prime's Rewards & Retention Program?

April 13, 2020 Prime Inc.
Driven by the Best -Prime Inc.
What is Prime's Rewards & Retention Program?
Show Notes

In this podcast session, we sit down with Christina Kroutil to discuss all things Retention and Rewards Program was created to give independent contractors long-term benefits similar to those in a retirement plan. Under the administration of UBS Paine Webber, independent contractors may earn investment returns on contributions made entirely by Prime and/or Success Leasing.

Plan Design

  • Eligibility Independent Contractors with one year of service with Prime
  • 100% Vesting 10 years after enrollment
  • Contributions Prime Inc.
    • $1,000 annually Success Leasing
    • $500 annually, with lease agreement

Payment Options

  • Lump Sum
  • Installments up to 3 years

Choose from three individual account options.

  • Large Cap S&P 500 Index Division
  • Asset Allocation Division
  • Prime Rate + 1% Interest Variable Rate Investment (8% Cap)

To learn more, visit http://primerandr.com/ or call 800-241-5509.