Driven by the Best -Prime Inc.

What is Prime's Rewards & Retention Program?

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

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. 

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.