Move Prevailing Wage Dollars Out of Payroll and Reduce Associated Costs
By constructing a bona fide fringe benefit plan, you’ll increase profits. Submit more competitive bids. Build employee loyalty.
DirectAdvisors maintains a thorough understanding of the laws governing prevailing wage in the construction industry.
Find out how DirectAdvisors can help you design and administer a bona fide benefit plan that meets federal and state contract compliance requirements.
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The DirectAdvisors Trust
The experts at DirectAdvisors can help you design and coordinate a custom bona fide benefit plan solution that is right for your company, and that integrates with your existing benefit plans, insurance carriers, and brokers. Your plan can be designed in a way that relieves much of the burden and expense of government mandates.
DirectAdvisors ‘Gives Thanks’ by Giving Back
DirectAdvisors has teamed up with CAPTAIN Community Human Services to give back to our local community. Each year, CAPTAIN distributes Thanksgiving Baskets to families in need, with everything needed for a traditional Thanksgiving dinner. The DirectAdvisors Team is honored to be able to donate a basket, including a $200 gift card to help make a local family’s Thanksgiving truly special.
DirectAdvisors – Nyhart Video Podcast: Cash Balance Plans
DirectAdvisors was pleased to welcome two guests to our latest installment of our video podcast series. Mike Kiley (Consultant and Relationship Manager) and Karl Willman (Principal/Director of Midwest Small Defined Benefit Operations) of Nyhart joined Stacy Gregory, plan advisor from DirectAdvisors, in a discussion on Cash Balance Plans. Utilizing prevailing wage dollars in a Cash Balance Pension Plan offers various benefits for both employers and their employees. From tax benefits to employee retention, our panelists discussed how this type of plan works, and the advantages of implementing it alongside a defined contribution plan.
