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  • Have you wondered how your competitors bid so low?

  • Is your contract as profitable as it should be?

  • Are you having difficulty managing labor costs?

  • Would you like to win more bids?

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Benefits vs. Cash

Because the monetary differences and ramifications of paying the fringe in benefits vs. cash is such a compelling and competitive issue, the following illustration has been designed to spotlight the actual financial differences in these two methodologies. Ultimately if a contractor fails to secure government contract business as a result of such a significant price disadvantage, all other previously mentioned issues are rendered unimportant.

A fringe benefit design by Insured Benefit Plans can help you:

  • Save on payroll assessment taxes
  • Submit more competitive bids
  • Offer medical, dental, vision, disability and life insurance
  • Maximize contributions to owner & key employees retirement accounts
  • Stay in compliance with DOL, IRS and State regulations
  • Respond quickly and accurately in the event of an audit
  • Eliminate the administrative burden of multiple vendors, when appropriate

Calculate your savings now

How can we benefit you?

  • Save on payroll assessment taxes
  • Submit more competitive bids
  • Offer medical, dental, vision, disability and life insurance
  • Submit more competitive bids
  • Stay in compliance DOL, IRS and State regulations
Learn more