We can help you win your next bid.

Ever lost a bid on a government job by just a few dollars?

Fringe Benefit Group can help.

Focus

Fringe Benefit Group originated benefit plans for Davis Bacon, Prevailing Wage and Service Contract Act companies 30 years ago. We focus exclusively on this market and on companies like yours.

Set-Up

We make setting up and maintaining your plan seamless and trouble-free.

Service

Our team consistently receives high marks for going above and beyond when it comes to providing service to our customers.

We provide peace of mind when it comes to compliance. You have access to our in-house experts at no additional cost, and if you get audited by the IRS or Department of Labor, we’ll be there to support you.

Each government job you bid specifies a prevailing wage split into two categories: the base wage and the fringe benefit allocation. Many contractors simply pay the fringe as additional cash wages, believing it’s the easiest solution.

But using the fringe benefit allocation to provide a bona fide benefit plan means that portion of the wage is exempt from payroll taxes. Conservatively, this saves contractors 25% of their payroll burden on prevailing wage work; many save considerably more.

The result? You’ll improve profitability and your bottom line, and you’ll make the bids you submit more competitive.

Reduce labor costs, increase profits and win more jobs by partnering with Fringe Benefit Group!

With Fringe Benefit Group, you get ultimate flexibility and customization. We work with you to design your benefit plan, and you can choose from any or all of these options:

• Prevailing wage compliant retirement plans
• Major medical coverage
• Limited medical
• Dental insurance
• Vision insurance

Put our expertise to work for you. We work alongside one of the top fund managers in the country. We use contributions to your bona fide benefit plan to maximize retirement contributions for company owners.

Once your prevailing wage job ends, we can “turn off” your retirement contributions and easily resume them for future jobs. And our unique hour banking program makes it possible to extend medical coverage during slow times or layoffs.

Learn More

800-328-1519 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it
www.fringebenefitgroup.com