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Bona-Fide Benefit Plans
Pension Plans
Our retirement plans not only provide you
with the tools to win more jobs, they also provide all the simplicity and flexibility every profitable company needs. Our
plans meet all of the requirements necessary to comply with Davis-Bacon and Service Contract Acts. Our money purchase and
401(k) Profit Sharing plans can benefit your entire workforce, including owners and office staff. Our plans allow you to:
- Become more competitive and
profitable.
- Comply with the intent of the Davis-Bacon
and Service Contracts Acts by providing a valuable employee fringe benefit.
- Flexibility to cover different job sites and job classifications at different rates.
-
Equalize take home pay for employees moving between private and public projects.
- Boost key employee benefits.
Major Medical Plan The Hourly Major Medical Health & Welfare benefit
programs for Davis-Bacon and Service Contract contractors is designed to comply with hourly requirements for companies who
must submit certified payrolls. This plan provides: - Hour Bank Accounting
- Traditional
Indemnity and PPO designs with copay features available
- $10,000
Life / $10,000 Accidental Death and Dismemberment included at no additional cost to employees
- Prescription Drug Card available
- Wellness Benefit included
- Dental Coverage,
Weekly Disability, Vision Care, Supplemental Accident Benefit, and Dependent Life also available
Limited Medical Plan
Affordable supplemental programs are available
to all employers who want to provide their hourly workers with valuable benefits that will facilitate recruiting and increase
employee retention. This plan features: - Guaranteed Issue - employees and their eligible dependents will not be denied coverage
during Open Enrollment periods.
- No Pre-Existing
Condition Limitations - there is no waiting period if an employee has a medical condition during enrollment.
- No Networks or Doctor Directories - employees
can go to any provider or hospital, but employees save more by staying within network.
- Plan Pays on an Indemnity Basis - the medical benefits don't have deductibles
or pay on a percentage basis.
Our benefit programs have been packaged and priced to promote simplicity for employers and employees alike. Employers
experience benefit administration that integrates with their payroll system and utilizes multiple enrollment methods. Both
they and their employees receive customer service that works. |
