Our Total Fringe solution is a seamless, hassle-free way for contractors to maximize payroll savings and streamline administration.
With Total Fringe, contractors choose from the full complement of benefits offered by The Contractors Plan to allocate the entire fringe portion of the prevailing wage. Regardless of the types of benefits provided for employees, you upload one file and send in one check. We handle administration of all benefits and payment of all carriers, freeing you to concentrate on your business.Click on the diagram below to view larger.
The process couldn't be simpler. Best of all, you send in one check and upload one file regardless of the number and types of benefits you choose to offer. Total Fringe is an industry-unique service that provides you a seamless, turnkey solution.
Total Fringe features a comprehensive benefits menu which includes:
The coverages you select are broken down into an hourly premium, so you pay one hourly rate for the collective benefits chosen. We provide administration for all programs, and can do it by the job and by the hour.
With Total Fringe, employees who already have coverage enjoy the flexibility to invest their fringe dollars in benefits that maximize value for themselves and their families.
Total Fringe provides contractors with ultimate simplicity and flexibility, while saving them time spent on benefits administration and money spent on payroll costs.
Total Fringe allows contractors to efficiently control their fringe benefit budgets. Allocating the fringe to prevailing wage plans results in immediate savings. Paying the correct fringe amount positions contractors to take advantage of crucial price adjustments when new fringe rates are implemented. Contractors who pay more than the specified wage determination cannot take advantage of these adjustments, thus decreasing overall profit on the contract.
With Total Fringe contractors avoid cost overruns on benefits, which translates into more profit over the lifecycle of the contract. This control allows contractors to better forecast future benefit liabilities and adjust their strategies to effectively protect themselves from the increasing costs of health care benefits.