Contractors…Reduce your labor cost with our Prevailing Wage Pension Plan. Call us today! 800-800-5206.
Contractors Benefit Services specializes in helping contractors become more profitable and to be more competitive when bidding government contracts that are subject to prevailing wage, Davis/Bacon or the Service Contract Act.
We offer a Department of Labor/IRS approved qualified retirement plan that can help you save 25% or more in associated payroll costs when working on Prevailing Wage jobs.
Fringe wages deposited to our approved Davis/Bacon, Prevailing Wage Pension Plan, instead of being paid as wages through payroll, escape the following payroll burdens:
- Social Security Taxes
- Workers Compensation Premiums
- State Unemployment Taxes
- Federal Unemployment Taxes
- General Liability Premiums