Employee Benefits Site Adds Exec Comp Database

June 15, 2005 (PLANSPONSOR.com) - FreeERISA.com, an employee benefits Web site, has added the Complete Compensation Database (CCD) to its Internet offering.

A news release said that the CCD provides users with access to a searchable database on the executive compensation packages of more than 36,000 executives employed with over 7,000 US publicly-traded companies.

Updated daily, CCD enables users to conduct detailed searches based on geographical region, fiscal year, pay ranges such as salary, bonus, long-term incentive payouts, stock options, and company data including revenue, income and the number of employees, the news release said.

The free database also allows users to generate statistical comparisons and automatically calculates differences of compensation between various geographical regions, fiscal years, and other criteria, the news release said.

Users may also export the data as a premium option. That way, analysts or financial professionals can manipulate the data using any third party analysis program such as Excel or Access, and can view the information offline, the news release said.

Data for the Complete Compensation Database was collected primarily from Definitive Proxy Statements (DEF 14A) filed with the US Securities and Exchange Commission (SEC) beginning January 1, 2003. Additional sources of data include the annual reports of companies, also filed through the SEC, the announcement said.