By constructing a bona fide fringe benefit plan, you’ll increase profits. Submit more competitive bids. Build employee loyalty.
Direct Advisors maintains a thorough understanding of the laws governing prevailing wage in the construction industry.
Find out how we can help you design and administer a bona fide benefit plan that meets federal and state contract compliance requirements.
Latest From Our Blog
Retirement Plan Podcast Series #3: 2020 Retirement Plan Contribution Limits
Did you know that as a Highly Compensated Employee you may be even further restricted from contributions? And were you aware that there are limits to both how much the employee AND the employer may contribute?
Retirement Plan Podcast Series #2: Pre-Tax vs. Roth
For the majority of the Plans we work with, adding a Roth feature is a great way to attract and retain employees. It’s a fairly easy option to administer within the Plan, assuming your payroll provider can integrate this feature, and it gives employees flexibility and control over their retirement dollars. But does it make sense for your Plan?
DirectAdvisors Podcast #2 – The CARES Act and its Impact on Retirement Plans
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act as part of the federal stimulus package intended to stabilize the economy during the COVID-19 pandemic. The CARES Act has opened up a number of provisions for employer-sponsored retirement plans by making additional funds available to Plan participants who are impacted by COVID-19.
