It’s a win-win. Win more bids by having a bona fide plan. Win over the best employees with valuable 401(k) plans.
Employees today want cost-effective health plans with choices in care providers. Beneco has you both covered.
Regulations are changing every year and compliance gets more complex everyday. Beneco is up to the task.
Built specifically for Prevailing Wage contractors doing Davis Bacon work, the Beneco Plan maximizes your tax savings by getting fringes off your payroll. We also save you by reducing administrative costs for your 401(k). If you already have a 401(k) plan, bring it and see how we can save you on fees as you build your retirement.
The Beneco Plan is more than a 401(k). It gives you the option to provide your people with cost-effective health and wellness plans. These plans can be with nationwide networks and care providers. Benefits available include: Major Medical, Life, COBRA, Vision, Dental, Accident, Disability, Short-term disability, Long-term disability, Supplemental, Apprenticeships.
Yes, the Beneco Plan can help you reduce total labor costs. Yes, we offer the nationally recognized financial and benefit products. But where differ is by managing all of the fiduciary responsibilities of sponsoring a employer 401(k) plan, including providing investment management services, trustee liability services, compliance, reporting and documentation.
Ed is well known in the industry for his expertise in plan selection, design, termination, ESOPs, executive compensation, taxation of plan distributions, plan mergers, stock options, incentive pay plans, regulatory audits, and plan contribution deductions.
Kristy leads our team of dedicated Account Relationship Managers who personally oversee all aspects of your participation in the Beneco Plan. She also provides a wealth of knowledge to every client situation through her FINRA Series 6 & 63 certifications.
Join the Beneco Plan and you get a dedicated Account Relationship Manager—an extension of your team, to assist in onboarding, employee education, payroll, trustee services, documentation to start reducing labor costs by 8-10% right away.