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
Apprentice & Safety Training Benefits
Apprentice training and safety training are considered bona fide fringe benefits and therefore can be paid for with prevailing wage fringe benefit contributions.
DOL Troubles: FCE Benefits Administrators, Inc.
Last week we learned of a prevailing wage bona fide benefit plan administrator who has run into trouble with the U.S. Department of Labor.
Prevailing Wage Savings Calculator
During 2014 our clients contributed over $15 million in prevailing wage fringe benefit supplements to our bona fide health & welfare and retirement programs resulting in an estimated $3.75 million in savings.