Third Party Administrator
of Davis-Bacon/Service Contract Health & Welfare Plans
At R.J.M. Financial Corp., we understand the need for non-union contractors to stay competitive on bids for Davis-Bacon or
Service Contract jobs. We also understand that saving money and keeping valued employees happy can sometimes be difficult.
Well, what if you could achieve these goals at absolutely NO Extra Cost!
You may be including the fringe benefit portion of your employees Davis-Bacon wages directly onto their
paychecks. It may seem like this is the easiest way to meet Davis-Bacon requirements and cut down on
accounting paperwork, but it's not! By simply redirecting the fringe dollars,
on a pre-tax basis, into one of our "bona-fide" Health & Welfare / Pension Plans, you can actually cut your
payroll taxes by up to 15%, and we take care of all the accounting!
Working with your current broker, we can design a quality benefit plan that works best for your company.
So give us a call and let us help you move into that #1 position. Click on the links to the left to read more
about us and how our Hour Bank Health Care System works.