Overview
We have a track record of providing:
A conservative approach mindful of regulatory complexities - We carefully evaluate your company’s situation including your existing amount of public work to determine what type of prevailing wage plan is appropriate.
- We design plans that are effective with all relevant regulations including both Davis-Bacon and state annualization of benefit rules.
- We require that fringe supplement contributions made for an employee be used for the exclusive benefit of only that employee.
Full service plan administration -
Processing of insured benefits (Medical, Dental, Disability, Life).
- Processing of cash benefits (Vacation, Holiday, Apprentice Training, Supplemental Unemployment).
- Benefit banking (Hour Bank Accounting) for insurance premiums during periods of lay-off.
- Flexible open architecture retirement plans that permit discretionary company contributions for owners and key employees.
Accurate and timely statements (mailed or online) -
We provide comprehensive monthly statements to employers and quarterly statements mailed directly to your employees home.
- Reports are printed and mailed only days after the end of each period.
Outstanding service and communications -
We have the infrastructure necessary to deliver the service you and your employees demand.
- We will meet with your employees on a regular basis.
Employer and employee secure online access to account information and transactions. -
A useful tool for those that need to monitor account activity closely.
- Information updated in real-time.
- Check balances and request benefit payments.
- Update employee information
- Generate statements and reports
Reasonable and straightforward trust administrative fees -
We charge a straight percentage of the fringe supplements contributed to the Government Contractors Benefit Trust and a small one-time setup fee.
- Unlike our competitors there is never a transaction charge, tax form preparation charge, enrollment meeting charge or processing fees.
Fully Insured for your protection -
Insured for professional liability as well as employee theft & dishonesty.