Beneco, a leading provider of retirement and health and welfare benefits administration solutions in the prevailing wage market, announced a strategic partnership with Hammr, a payroll platform designed specifically for the construction industry. Together, the companies will deliver a coordinated solution to simplify payroll processing, certified reporting, and prevailing wage compliance for contractors across the country.

This partnership formalizes an existing relationship between the two companies, who have already teamed up to educate construction employers on prevailing wage rules and Davis-Bacon project requirements. By combining Hammr’s payroll technology with Beneco’s benefits administration and compliance expertise, contractors receive a streamlined, integrated experience.

Kristy Bryson, Chief Executive Officer of Beneco stated, “Construction employers working on prevailing wage projects face significant administrative and compliance challenges. Through our collaboration with Hammr, it became clear that our shared mission of supporting contractors through education and service naturally extends into a formal partnership. By pairing Hammr’s payroll solutions with Beneco’s benefits platform, we are delivering a coordinated approach that helps contractors stay compliant, stay competitive, and focus on growing their businesses.”

According to Brek Goin, CEO & Co-Founder of Hammr, “Most contractors tackling public work are wasting 1,000s of hours and up to $100K+ every year – simply because they aren’t equipped with the right tools that simplify payroll, prevailing wage, and a way to maximize their fringe benefits. Beneco isn’t a generic shop – they know prevailing wage, and they’ve spent nearly 40 years solving the benefits piece for contractors tackling public work. While Hammr simplifies payroll and HR, Beneco helps you maximize fringe benefits and reduce your payroll taxes. Together, it’s a no-brainer. This partnership unlocks more opportunity for contractors to build America’s infrastructure, win more jobs, and get more profitable. This is how you win more public work and actually keep the profit.” 

Accurate payroll and proper fringe benefit allocation are required under federal and state prevailing wage laws, including Davis-Bacon and the Service Contract Act. This partnership offers contractors coordinated payroll and benefits support to reduce administrative burden and mitigate compliance risk.

Through this partnership, contractors can expect:

• Construction-focused payroll technology with certified payroll support
• Integrated tools for fringe tracking and benefit allocation
• Education and guidance on prevailing wage compliance
• A coordinated client experience for both payroll and benefits administration

 

About Beneco

Beneco delivers retirement and health benefits administration for contractors operating in the prevailing wage market. With almost four decades of experience, Beneco helps construction employers navigate complex compliance requirements, optimize fringe strategies, and deliver meaningful benefits to their workforce. As part of FuturePlan by Ascensus, Beneco combines deep prevailing wage expertise with national scale and service excellence. Learn more at beneco.com.

About Hammr

Hammr is a modern construction payroll, HR, and workforce operations platform built for contractors. Started by a founder who grew up in the family construction business, Hammr helps construction companies run more efficiently, stay compliant, grow their teams, and get more profitable – without the admin burnout. Learn more at hammr.com.