Sometimes, low-tech is the best way to start.  At this point, the style of your employee benefit statement or snipped, statement text is unimportant.  All you are trying to do is determine the relative location of content categories and how much visual space will be required, ie. paper size.  If you determine you are out-of-space, then you should move to a larger size or multiple sheets.  Not enough paper with too much content can make an employee benefit statement unreadable.  It is better to make this decision early rather than late in the process.  Redesigning an employee benefit statement can be very time consuming cause; errors, a missed deadline or an unwelcome change in your budget.
Determine a logical progression of the benefits.  You may want to use the same sequence that you provide in other collateral materials (employee handbook) or simply develop your own.  Regardless, you should keep an open mind.  Chances are > 90%, there will be changes.
low-tech benefit statements
 DIY Tutorial 2: Employee Benefit Statements Getting Started (Paper size)
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