- Industry Partners | July 31, 2014
IEC Welcomes Fringe Benefit Group as a Silver Partner
The Independent Electrical Contractors (IEC) is pleased to announce that Fringe Benefit Group has joined IEC’s community of industry partners as a Silver Partner. Fringe Benefit Group, an industry leader in the design, implementation, and administration of health and retirement plans for government contractors, has more than 30 years of experience analyzing government contractors’ needs then creating and implementing the right retirement and health plans.
“IEC is proud to welcome Fringe Benefit Group as a Silver Level Industry Partner,” said Thayer Long, IEC National executive vice president/CEO. “Fringe Benefit Group brings diverse expertise and numerous benefits and services to IEC members. They will be a great resource for our members on a wide range of topics including winning government jobs, providing Affordable Care Act-compliant health plans for employees, and staying compliant with government regulations.”
Fringe Benefit Group helps companies bidding and performing on work subject to the Davis-Bacon Act, state prevailing wage laws, and living and responsible wage ordinances realize savings on their payroll expenses by allocating some or all of required fringe benefit portion of the prevailing wage to bona fide benefit plans. Through its product, The Contractors Plan, Fringe Benefit Group offers major medical, dental, vision, life insurance, and retirement plans designed specifically for government contractors. Skilled at understanding, recommending, and implementing Affordable Care Act-compliant health plans, Fringe Benefit Group works with brokers and advisers throughout the U.S. to assist their contractor clients by partnering to deliver high-quality prevailing wage benefit programs.
“Electrical contractors working on government jobs have significant fringe responsibilities. We can help them save on payroll burden and bid more competitively while providing compliant, robust health insurance and retirement solutions to their employees,” said Adam Bonsky, executive vice president of government markets at Fringe Benefit Group.