Fact
Workers who are extremely or very satisfied with their employer’s benefits program are 9x more likely to stay with their employer
We have spent almost 40 years building turnkey prevailing wage solutions to meet the unique needs of contractors and their workers.
The benefits needs of contractors are unique and complex, especially those who work on prevailing wage projects. But have no fear: we have focused on one thing for almost 40 years—building prevailing wage solutions that cater to the unique challenges and opportunities that contractors face.
When contractors call us, it’s usually for a few reasons…
To save money.
Federal and state laws have been implemented to encourage you to provide your employees with better benefits. Take advantage of them and save up to 10% on your labor costs.
To bid more competitively.
Lower labor costs will give you a competitive edge. Win more jobs by being able to bid more competitively.
To attract and retain employees.
Construction workers who are extremely satisfied with their employers’ benefits programs are nine times more likely to stay with them. Keep your employees by keeping them happy.
To maximize their financial security.
Our unique 3-in-1 plan design and strategies can help business owners make greater tax-deferred contributions to their own retirement savings. Take advantage of this opportunity!
To stay compliant.
Compliance is critical to keeping costs down and ensuring you can run your business without distractions. We have almost 40 years of experience giving our clients peace of mind.
To increase efficiency.
Benefits administration can be expensive, complicated, and time-consuming, distracting you from what you do best. Simplify your life with our fully bundled turnkey solution, with only one number to call.
We don’t do it alone.
We partner with top-tier providers to bring you one turnkey solution.
By partnering with top-tier providers, we have created an exceptional benefits platform for contractors. These partnerships give you access to premier investment products, institutional-level investment management, the highest level of fiduciary protection, and leading compliance and payroll services and technology. We’ve streamlined it so you only have one number to call for assistance.
So why have over 1,000 contractors chosen Beneco?
Aside from our deep-rooted expertise in construction and prevailing wage and our exceptional team of benefits professionals, our clients often choose Beneco for several reasons:
40 Years and Counting
Prevailing wage benefits isn’t easy business. For almost 40 years, we have focused exclusively on serving the unique needs of contractors, and have a level of expertise in prevailing wage that few do.
Real Outcomes
We can help contractors to save money, build their business, and take care of their valuable workers — all at the same time. Give us a call and we'll tell you how!
One Number to Call
We partner with some of the best service providers, but through our team-based approach, we handle all of the coordination for you and give you one number to call to make your life easy.
We're Built on Strong Values
We believe in a unified team, unleashing heroes and growth, giving back, and delivering ``WOW!`` Our values are the foundation on which we build our own business.
Unlock hidden savings on payroll costs
Are you overpaying on payroll costs? Many construction companies unknowingly lose thousands each year by mishandling fringe benefits. Our Fringe Savings Calculator helps you see exactly how strategic benefit contributions can save your business money — without cutting employee pay.
Want to learn more about your findings or get a personalized savings breakdown? Contact us for a free consultation.”
Cost Savings Calculator
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*Average labor burden tax rate