Fringe Benefit Experts Information

Fringe Benefit Experts provides expertise along with financial tools to help Open Shop Public Works contractors become more competitive on their bids and earn more profit. The first step is to get the prevailing wage fringe dollars off payroll and into benefits. The contractor will eliminate all payroll taxes and workers comp premium on the amount of fringe dollars removed from payroll. Would an average net savings of $2.00 to $6.00 per man hour sharpen your future bids? How many past jobs would you have won? How much extra profit would you have realized with this much labor burden removed? Isn't it time you keep up with or get ahead of your competition? By utilizing our bona fide fringe benefit plans combined with our expert team approach, the contractor will win more bids and increase profit. These plans include the Supplemental Unemployment Plan, Health and Welfare Trusts, Health Insurance held directly with the any health insurance carrier using "medical crediting" and Pension/401k plans. Most new clients begin with the Supplemental Unemployment Plan. This plan takes in fringe dollars for each prevailing wage employee. When that employee works less than 173 hours per month the funds are released to the employee. Dollars flow in and out on regularly. Field employees like this plan because they receive income when they are not working or working less than full time and they also permanently avoid payroll taxes on these funds! So call or click to today!