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.

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.

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 18% 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 uniquely design your benefit plan(s), and you can choose from any/all of these options:

• Retirement plans
• Major medical coverage
• Limited medical
• Dental insurance
• Vision insurance
• Life insurance
• STD/LTD

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.

Over a 5 year contract with 50 employees = $296,400

Over a 5 year contract with 250 employees = $1,482,000

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

800-328-1519

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www.fringebenefitgroup.com