Davis-Bacon Fringe Benefit Trust

Direct Advisors sponsors and administers The Direct Advisors Trust, which is specially designed to help construction companies engaged in public works.

We custom design each client’s plan to maximize savings, ensure compliance, and provide flexible tailored benefits to your employees.  We do not sell insurance or financial products, and we work with your existing insurance coverages and brokers.  Benefit offerings can include:

  • Medical, dental, vision, life and disability insurance
  • Health savings accounts (HSA)
  • Vacation and holiday pay (paid time off)
  • Safety and apprentice training reimbursement
  • Supplemental unemployment benefits
  • Retirement plans
  • Benefit funding during layoffs

Your company makes fringe benefit contributions to the Trust. We credit each of your employees’ individual accounts accordingly. Both you and your employees have access to our online portal and to regular statements to stay informed about contribution, payment and account status.

Our Trust Earns Your Trust

Our team stands behind our work. You can expect clear communication, easy access to real-time results and responsiveness. Most importantly, we ensure the protection of your hard-earned dollars. We offer you the safety and security of:

An independent trustee. The Chemung Canal Trust Company is a $1.5 billion financial services holding company and commercial bank.

Bonding against employee dishonesty and ERISA fiduciary dishonesty.

Professional liability insurance for plan administration and investment advisory services.

Government oversight of bona fide benefit plans (by the U.S. Department of Labor) and the trustee (by the NYS Department of Financial Services and federal banking regulators).

Continuous training for all members of our trust services team, as well as the review of all work products and the documentation of all procedures and operations.


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