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.

Simplify the complicated process of complying with the Davis-Bacon Act or similar laws while saving money and building your business.

From fringe benefit plan design to plan administration to communicating the benefits and requirements to your employees, we’re at your side whenever you need us.

Find out how DirectAdvisors can help you design and administer a bona fide benefit plan that meets federal and state contract compliance requirements. 

Where you see obligation, we see opportunity.

Latest From Our Blog

DirectAdvisors – Nyhart Video Podcast: Cash Balance Plans

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.

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DirectAdvisors – Newport Retirement Services Video Podcast: Pooled Employer Plans (PEPs)

DirectAdvisors – Newport Retirement Services Video Podcast: Pooled Employer Plans (PEPs)

DirectAdvisors is pleased to announce our 2nd video podcast in our ongoing retirement plan podcast series. Our guest in this episode was Matt Petralia, Regional Director, Northeast Region of Newport Retirement Services (Newport Group). Matt spent a few minutes speaking with DirectAdvisors’ Co-Founder and President, Tom Santa Barbara, on multi-employer plans, with a particular focus on Pooled Employer Plans (PEPs), which were introduced as part of the SECURE Act of 2019.

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DirectAdvisors — CEFEX Video Podcast: CEFEX Certification

DirectAdvisors — CEFEX Video Podcast: CEFEX Certification

DirectAdvisors is proud to announce our first video podcast! We were excited to have Matt Boyle, Director of Operations at CEFEX, as our first guest. Matt spent a few minutes this afternoon speaking with DirectAdvisors’ Chief Investment Officer, Jeff Ricchiuti, on CEFEX certification — what it means, how it benefits our clients, and what the CEFEX process involves.

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