Nov 10, 2021 · Welcome To The First Edition Of The Contractors Plan Retirement Newsletter! November 10, 2021 The purpose of this quarterly newsletter is to provide a deep dive into retirement topics to help you better prepare for upcoming and important events. A benefits plan designed by The Contractors Plan can greatly reduce both your administrative burden and the cost of covering your international employees. We have experience establishing coverage for global mobile employees including: The Contractors Plan makes it easy to set up international benefits. You decide on the coverage you want to ...Mar 28, 2014 · The Contractors Plan’s full suite of benefits includes major medical, dental insurance, vision insurance, life insurance, Critical Illness insurance and retirement plans. We provide all administration for these programs, and we can do it by job and by hour.”. Fringe Benefit Group and Construction Connection share a mission of strengthening ... The Painting and Decorating Contractors of America (PDCA) serves the coating and wall covering industry with standards, education, training, advocacy, and best practices essential to member success. Nearly 2,000 contractors in America and Canada are proud members of this organization founded in 1884. PDCA is recognized and supported by many ... The Virginia Prevailing Wage law became effective May 1, 2021, requiring contractors and subcontractors working with any Virginia State agency or localities under any public contract over $250,000 to pay prevailing wages and benefits to all workers performing services on that contract. Contractors need to be aware that the law also has ...The new health and welfare fringe benefit rate will be $4.60 per hour. This will impact both the employee-by-employee and average cost benefit rates. For contracts subject to EO 13706 (Paid Sick Leave for Federal Contractors), the new health and welfare fringe benefit rate will be $4.23 per hour.Not with The Contractors Plan. We create a customized online benefits enrollment and management platform for each of our clients. That means your employees can enroll in the benefits plan anytime, 24/7, anywhere they have online access. And if anyone has questions or needs a little help, they can chat with our call center during normal work ... A benefits plan designed by The Contractors Plan can greatly reduce both your administrative burden and the cost of covering your international employees. We have experience establishing coverage for global mobile employees including: The Contractors Plan makes it easy to set up international benefits. You decide on the coverage you want to ... Sep 29, 2021 · The new health and welfare fringe benefit rate will be $4.60 per hour. This will impact both the employee-by-employee and average cost benefit rates. For contracts subject to EO 13706 (Paid Sick Leave for Federal Contractors), the new health and welfare fringe benefit rate will be $4.23 per hour. At The Contractors Plan, we use our years of experience and flexible, highly specialized design capabilities to ensure you get the plan that's best for your workers. Our in-house plan design experts will recommend a benefit plan to maximize its potential for both owners and employees. This enables you to provide quality benefits for your ...The Contractors Plan understands the unique challenges that Davis-Bacon and Service Contract Act contractors face when creating and managing a bona fide employee benefits plan. We specialize in prevailing wage contractors and compliance, and we've assembled our knowledge into a flexible, easy-to-use solution that reduces your workload while ...The federal government announced in January that both national emergencies addressing COVID-19 will end on May 11 th, 2023.. Effective May 12 th, 2023, when most medical and pharmacy plans will no longer be subject to federal coverage requirements for COVID-19 testing, vaccinations, and treatment coverage, The Contractors Plan will remain unaffected until a first renewal following May 11 th, 2023.Sep 28, 2016 · About the author: K.C. Cannon, Jr. is Vice President of sales at Fringe Benefit Group, which has been helping the construction industry design and administer fringe benefit programs since 1983. For more information on its prevailing wage benefit plan, The Contractors Plan, please contact K.C. at [email protected] or 866-670-7442. The overall value of construction in 2021 was $1,589 billion, 8.2% above the total construction spending in 2020. While private construction spending in December was $1,293 billion, 0.7% above the revised November estimate of $1,284 billion, public construction spending was $347 billion, 1.6% below the revised November estimate of $353 billion.You must have at least a $2,000 vested account balance before applying for a Line of Credit. Interest Rate - The interest rate from the retirement plan is the prime rate. The current prime rate can be found on the web or the Wall Street Journal. Loan Fees - There are fees to establish a Line of Credit, and monthly fees as a percentage of ...Password. Note: The password is case sensitive. If you fail to login three consecutive times your account could be disabled.Please enter your user name or email address to verify your identity. Federal Contractor COVID-19 Requirement Extended Until January 18, 2022. November 22, 2021. The Occupational Safety and Health Administration (OSHA) published its emergency temporary standard (ETS) on COVID-19 vaccination and testing. It includes an extension for federal contractors subject to Executive Order 14042, Ensuring Adequate COVID ...Sep 23, 2020 · The Order, adopted in 2014, raised the hourly minimum wage for federal contractor employees beginning on January 1, 2015, with annual adjustments after that. Each year, the WHD conducts an assessment to determine the yearly inflation-based increases to the minimum wage rate. The 2021 rate is an increase of $0.15/hour over the 2020 minimum wage. Note: The password is case sensitive. If you fail to login three consecutive times your account could be disabled. Login. Read More. “The Contractors Plan has been beneficial to both our employees and our company’s bottom line. It provides our employees a retirement savings plan they likely wouldn’t otherwise have, makes our bids more competitive, and decreases our overhead costs. Many of our employees have over $100,000 in their retirement accounts now. Password. Note: The password is case sensitive. If you fail to login three consecutive times your account could be disabled.Contractor Plan Center, is the TRUSTED source in Oregon and Washington and the only regional plan center to deliver a fully comprehensive service for both commercial and government projects. CPC, consistently delivers current, accurate and timely construction bid information and has streamlined the process that connects general and sub ...The Contractors Plan allows employers to offer bona fide benefits, including a wide variety of health and retirement plan options, to their workforce with minimal administrative burden. 2023. 2022. 2021. 2020. 2019. 2018. 2017. 2016.The U.S. Court of Appeals for the Ninth Circuit (Court of Appeals) has requested the California Supreme Court to answer a question regarding prevailing wage coverage applying to offsite “mobilization work” that is non-construction, non-job site work based upon its tie to a public works project.At The Contractors Plan, we help you educate your employees about government healthcare mandates, their options, and the ways everyone benefits from implementing a bona fide benefits strategy. We provide employee support materials, assist with meetings and create a dialog that gains employee support and continued participation in your new program.Logins are now authenticated using email or text passcodes. Having trouble logging in? Learn about additional security.The Contractors Plan works with hundreds of producers from coast to coast, providing full support through every phase of the process. We work with you to design a complete array of benefit plans that comply with the Davis-Bacon and Service Contract Acts, reduce you and your clients' administrative workload and provide new revenue sources and ...About the author: K.C. Cannon, Jr. is Vice President of sales at Fringe Benefit Group, which has been helping the construction industry design and administer fringe benefit programs since 1983. For more information on its prevailing wage benefit plan, The Contractors Plan, please contact K.C. at [email protected] or 866-670-7442.henryherald
With The Contractors Plan, you always know where you stand, without the need for expensive prevailing wage audits. Our comprehensive tracking and reporting features give you the up-to-date documentation you need, anytime. Do the math. Whether you're bidding on Davis-Bacon or SCA work, you could save tens of thousands of dollars-or more-each year.The Best 6 Construction Project Management Software of 2023. Leap: Best for residential contractors. Fieldwire: Best for coordination and collaboration. Contractor Foreman: Easiest to use ...The Contractors Plan understands the unique challenges that Davis-Bacon and Service Contract Act contractors face when creating and managing a bona fide employee benefits plan. We specialize in prevailing wage contractors and compliance, and we've assembled our knowledge into a flexible, easy-to-use solution that reduces your workload while ...Jul 8, 2021 · July 8, 2021. The Virginia Prevailing Wage law became effective May 1, 2021, requiring contractors and subcontractors working with any Virginia State agency or localities under any public contract over $250,000 to pay prevailing wages and benefits to all workers performing services on that contract. Contractors need to be aware that the law ... Note: The password is case sensitive. If you fail to login three consecutive times your account could be disabled. Login.Note: The password is case sensitive. If you fail to login three consecutive times your account could be disabled. Login.Mar 5, 2020 · The Contractors Plan meets these criteria. CalSavers (CA), Illinois Secure Choice (IL), and OregonSaves (OR) have all enacted mandatory employee savings plans that employers must utilize unless they offer a qualified employer sponsored retirement plan. Programs in Connecticut, Maryland, and New Jersey are still working on the specifics of their ... The Contractors Plan allows employers to offer bona fide benefits, including a wide variety of health and retirement plan options, to their workforce with minimal administrative burden. 2023. 2022. 2021. 2020. 2019. 2018. 2017. 2016.We specialize in benefit plans for prevailing wage contractors, so we're accustomed to handing unique situations. We can cover specific job sites or job classes only. We provide the benefits administration to relieve you of the tremendous burden of handling enrollment, billing, eligibility and COBRA. And if problems ever arise, we serve as the ...pseudocode examples
Mar 5, 2020 · The Contractors Plan meets these criteria. CalSavers (CA), Illinois Secure Choice (IL), and OregonSaves (OR) have all enacted mandatory employee savings plans that employers must utilize unless they offer a qualified employer sponsored retirement plan. Programs in Connecticut, Maryland, and New Jersey are still working on the specifics of their ... Logins are now authenticated using email or text passcodes. Having trouble logging in? Learn about additional security.Aug 21, 2020 · A contractor must generally meet this benefit payment requirement for each hour worked by an employee working on the government contract. The fringe benefit obligation also applies to hours that an employee takes for vacation, sick leave, and holiday hours up to a maximum of 40-hours per week or 2,080 hours per year on each contract. Travis West assumed the role of CEO of Fringe Benefit Group, parent company of The Contractors Plan and Framework Benefits, in 1998 and immediately embarked on an ambitious growth plan. He has guided the firm through a period of dramatic expansion that has positioned Fringe Benefit Group as an industry leader in the design, implementation and ...The overall value of construction in 2022 was $1,793 billion, 10.2% above the total construction spending in 2021. While private construction spending in December was $1,427 billion, 0.4% below the revised November estimate of $1,433 billion, public construction spending was $383 billion, 0.4 % below the revised November estimate of $384 billion.A True Competitive Advantage. When you work with The Contractors Plan, you can rest easier knowing your employees will be protected by high-quality health, retirement and specialty benefits from the nation's leading insurance carriers. And we also help improve the way your company does business.That's where The Contractors Plan comes in. We simplify every part of the benefits enrollment, administration and management process, freeing you up to focus on your business. Our secure online portal and flexible suite of products and services allow you to create a bona fide fringe benefits program that fits both your company and your employees. A True Competitive Advantage. When you work with The Contractors Plan, you can rest easier knowing your employees will be protected by high-quality health, retirement and specialty benefits from the nation's leading insurance carriers. And we also help improve the way your company does business.pbs passport app
The Contractors Plan understands the unique challenges that Davis-Bacon and Service Contract Act contractors face when creating and managing a bona fide employee benefits plan. We specialize in prevailing wage contractors and compliance, and we've assembled our knowledge into a flexible, easy-to-use solution that reduces your workload while ... A True Competitive Advantage. When you work with The Contractors Plan, you can rest easier knowing your employees will be protected by high-quality health, retirement and specialty benefits from the nation's leading insurance carriers. And we also help improve the way your company does business. We would like to show you a description here but the site won’t allow us.At The Contractors Plan, we help you educate your employees about government healthcare mandates, their options, and the ways everyone benefits from implementing a bona fide benefits strategy. We provide employee support materials, assist with meetings and create a dialog that gains employee support and continued participation in your new program.At The Contractors Plan, we have years of experience designing and implementing major medical plans for prevailing wage contractors. We partner with some of the nation's top carriers, and because our products are typically managed via multiple employer trust arrangements, we're able to offer your company the benefit of being part of a larger ...Aug 21, 2020 · A contractor must generally meet this benefit payment requirement for each hour worked by an employee working on the government contract. The fringe benefit obligation also applies to hours that an employee takes for vacation, sick leave, and holiday hours up to a maximum of 40-hours per week or 2,080 hours per year on each contract. The employer plan design must pay 60% of costs (the "minimum value" standard) The employee contribution must not exceed 9.5% of the employee's household income (the "affordability" standard) Let's make a plan. Contact The Contractors Plan today to develop your ACA strategy. We can help you choose benefits plans that work for your business and ...Putting your fringe benefit dollars into bona fide benefits rather than cash wages can help you submit leaner bids, win more jobs and save taxes and insurance costs for you and your employees. The Contractors Plan makes it easy to design a flexible solution that's fiscally smart and keeps you compliant with local, state and federal laws. Benefits.The following is a list of Plan Centers where you may also be able to obtain Multnomah County construction bid information and documents. ARC-Oregon formerly Ford Graphics. 1431 NW 17th Ave, Portland OR 97209. Phone: (503) 227-3424. Fax: (503) 223-4254. Bay Area Plan Exchange. PO Box 122, 2774 Woodland Drive, Coos Bay, OR. Phone: (541) 267-3992.Note: The password is case sensitive. If you fail to login three consecutive times your account could be disabled. Login. That's where The Contractors Plan comes in. We simplify every part of the benefits enrollment, administration and management process, freeing you up to focus on your business. Our secure online portal and flexible suite of products and services allow you to create a bona fide fringe benefits program that fits both your company and your employees. Travis West assumed the role of CEO of Fringe Benefit Group, parent company of The Contractors Plan and Framework Benefits, in 1998 and immediately embarked on an ambitious growth plan. He has guided the firm through a period of dramatic expansion that has positioned Fringe Benefit Group as an industry leader in the design, implementation and ... A construction plan room is an online space where you can manage your contractors and multiple phases of the construction project planning process. Use it to connect with subcontractors, upload documents, and communicate. It also can act as a hub for your bid management. Through this hub, you can administer your subcontractors as well as ...With The Contractors Plan, you'll receive strong fiduciary support from two sources. The Contractors Plan employs an investment manager fiduciary, LeafHouse Financial Advisors, to select and monitor the investments offered, thus mitigating your investment fiduciary risk. ERISA Smart, led by a former DOL investigator, serves as the discretionary ...We specialize in benefit plans for prevailing wage contractors, so we're accustomed to handing unique situations. We can cover specific job sites or job classes only. We provide the benefits administration to relieve you of the tremendous burden of handling enrollment, billing, eligibility and COBRA. And if problems ever arise, we serve as the ...Note: The password is case sensitive. If you fail to login three consecutive times your account could be disabled. Login. magic plan
May 24, 2021 · WHD Announces the Withdrawal of the Independent Contractor Rule. May 24, 2021. Earlier this month, the Wage and Hour Division (WHD) announced the withdrawal of the Independent Contractor rule effective May 6, 2021. The announcement noted that the current final rule published on January 7, 2021, had significantly undermined safeguards against ... Federal Contractor COVID-19 Requirement Extended Until January 18, 2022. November 22, 2021. The Occupational Safety and Health Administration (OSHA) published its emergency temporary standard (ETS) on COVID-19 vaccination and testing. It includes an extension for federal contractors subject to Executive Order 14042, Ensuring Adequate COVID ...Mar 5, 2020 · The Contractors Plan meets these criteria. CalSavers (CA), Illinois Secure Choice (IL), and OregonSaves (OR) have all enacted mandatory employee savings plans that employers must utilize unless they offer a qualified employer sponsored retirement plan. Programs in Connecticut, Maryland, and New Jersey are still working on the specifics of their ... Not with The Contractors Plan. We create a customized online benefits enrollment and management platform for each of our clients. That means your employees can enroll in the benefits plan anytime, 24/7, anywhere they have online access. And if anyone has questions or needs a little help, they can chat with our call center during normal work ...A True Competitive Advantage. When you work with The Contractors Plan, you can rest easier knowing your employees will be protected by high-quality health, retirement and specialty benefits from the nation's leading insurance carriers. And we also help improve the way your company does business. The Contractors Plan meets these criteria. CalSavers (CA), Illinois Secure Choice (IL), and OregonSaves (OR) have all enacted mandatory employee savings plans that employers must utilize unless they offer a qualified employer sponsored retirement plan. Programs in Connecticut, Maryland, and New Jersey are still working on the specifics of their ...Logins are now authenticated using email or text passcodes. Having trouble logging in? Learn about additional security.A True Competitive Advantage. When you work with The Contractors Plan, you can rest easier knowing your employees will be protected by high-quality health, retirement and specialty benefits from the nation's leading insurance carriers. And we also help improve the way your company does business. We would like to show you a description here but the site won’t allow us.With The Contractors Plan, you always know where you stand, without the need for expensive prevailing wage audits. Our comprehensive tracking and reporting features give you the up-to-date documentation you need, anytime. Do the math. Whether you're bidding on Davis-Bacon or SCA work, you could save tens of thousands of dollars-or more-each year.On July 14 th, 2022, the Department of Labor announced an Notice of Proposed Rulemaking (NPRM) to implement the executive orders of President Biden made late last year.The order requires that contractors and subcontractors working on covered federal service contracts (i.e., most SCA-covered contracts over $250,000) must, in good faith, offer service employees employed under the predecessor ...May 24, 2021 · WHD Announces the Withdrawal of the Independent Contractor Rule. May 24, 2021. Earlier this month, the Wage and Hour Division (WHD) announced the withdrawal of the Independent Contractor rule effective May 6, 2021. The announcement noted that the current final rule published on January 7, 2021, had significantly undermined safeguards against ... Logins are now authenticated using email or text passcodes. Having trouble logging in? Learn about additional security.We would like to show you a description here but the site won’t allow us.WHD Announces the Withdrawal of the Independent Contractor Rule. May 24, 2021. Earlier this month, the Wage and Hour Division (WHD) announced the withdrawal of the Independent Contractor rule effective May 6, 2021. The announcement noted that the current final rule published on January 7, 2021, had significantly undermined safeguards against ...idaho drivers testNat Peniston, vice president of The Contractors Plan, recently wrote an article which appears in Construction Executive. In this article, he discusses the number one challenge contractors face nationally, which is the inability to hire and retain an adequate number of skilled craft workers.A True Competitive Advantage. When you work with The Contractors Plan, you can rest easier knowing your employees will be protected by high-quality health, retirement and specialty benefits from the nation's leading insurance carriers. And we also help improve the way your company does business. Contractor Plan Center, is the TRUSTED source in Oregon and Washington and the only regional plan center to deliver a fully comprehensive service for both commercial and government projects. CPC, consistently delivers current, accurate and timely construction bid information and has streamlined the process that connects general and sub ...The overall value of construction in 2022 was $1,793 billion, 10.2% above the total construction spending in 2021. While private construction spending in December was $1,427 billion, 0.4% below the revised November estimate of $1,433 billion, public construction spending was $383 billion, 0.4 % below the revised November estimate of $384 billion.The U.S. Department of Labor’s Wage and Hour Division (WHD) will offer virtual compliance assistance seminars for contracting agencies, contractors, unions, workers, and other stakeholders to provide information about the legal requirements to pay prevailing wages on federally funded construction and service contracts.The Contractors Plan Loan Program is dedicated to the improvement of qualified loan processing for the benefit of recordkeepers, plan sponsors, and participants. The Contractors Plan Loan Program empowers participants by providing them with a smarter way to access their defined contribution assets when financial needs arise. Associated Builders and Contractors, Inc. (ABC) is a national trade association representing 22,000 members from more than 19,000 construction and industry-related firms. . Founded on the merit shop philosophy, ABC and its 72 chapters help members win work and deliver that work safely, ethically and profitably for the betterment of the communities in which they woThe Contractors Plan understands the unique challenges that Davis-Bacon and Service Contract Act contractors face when creating and managing a bona fide employee benefits plan. We specialize in prevailing wage contractors and compliance, and we've assembled our knowledge into a flexible, easy-to-use solution that reduces your workload while ...The Contractors Plan can integrate with any payroll system, including popular solutions such as ADP, Paychex, QuickBooks and Penta. We've also developed a partnership with Foundation Software, a company that specializes in products for prevailing wage contractors. Their Payroll4Construction product was designed specifically for contractors and ...The following is a list of Plan Centers where you may also be able to obtain Multnomah County construction bid information and documents. ARC-Oregon formerly Ford Graphics. 1431 NW 17th Ave, Portland OR 97209. Phone: (503) 227-3424. Fax: (503) 223-4254. Bay Area Plan Exchange. PO Box 122, 2774 Woodland Drive, Coos Bay, OR. Phone: (541) 267-3992. Read More. “The Contractors Plan has been beneficial to both our employees and our company’s bottom line. It provides our employees a retirement savings plan they likely wouldn’t otherwise have, makes our bids more competitive, and decreases our overhead costs. Many of our employees have over $100,000 in their retirement accounts now. Travis West assumed the role of CEO of Fringe Benefit Group, parent company of The Contractors Plan and Framework Benefits, in 1998 and immediately embarked on an ambitious growth plan. He has guided the firm through a period of dramatic expansion that has positioned Fringe Benefit Group as an industry leader in the design, implementation and ... The Best 6 Construction Project Management Software of 2023. Leap: Best for residential contractors. Fieldwire: Best for coordination and collaboration. Contractor Foreman: Easiest to use ...We would like to show you a description here but the site won’t allow us.city walnut
E&R Glass Contractors, Inc. (Montclair, CA) began using The Contractors Plan (powered by Fringe Benefit Group) shortly after E&R was founded in April 2004. Office Manager Teresa Corrente-Elmassian says that The Contractors Plan team was a huge help to her from the very beginning, and that the outstanding service has never wavered. Read MoreA True Competitive Advantage. When you work with The Contractors Plan, you can rest easier knowing your employees will be protected by high-quality health, retirement and specialty benefits from the nation's leading insurance carriers. And we also help improve the way your company does business. The Painting and Decorating Contractors of America (PDCA) serves the coating and wall covering industry with standards, education, training, advocacy, and best practices essential to member success. Nearly 2,000 contractors in America and Canada are proud members of this organization founded in 1884. PDCA is recognized and supported by many ... January 26, 2022. On January 1, 2022, an amendment to the State of New York prevailing wage took effect, expanding the number of construction projects subject to prevailing wage requirements. A vital component of the law is that it broadens the definition of construction projects, therefore increasing the number of projects for which the law ...Logins are now authenticated using email or text passcodes. Having trouble logging in? Learn about additional security.Jan 16, 2019 · A construction plan room is an online space where you can manage your contractors and multiple phases of the construction project planning process. Use it to connect with subcontractors, upload documents, and communicate. It also can act as a hub for your bid management. Through this hub, you can administer your subcontractors as well as ... Feb 1, 2019 · The U.S. Court of Appeals for the Ninth Circuit (Court of Appeals) has requested the California Supreme Court to answer a question regarding prevailing wage coverage applying to offsite “mobilization work” that is non-construction, non-job site work based upon its tie to a public works project. Associated Builders and Contractors, Inc. (ABC) is a national trade association representing 22,000 members from more than 19,000 construction and industry-related firms. . Founded on the merit shop philosophy, ABC and its 72 chapters help members win work and deliver that work safely, ethically and profitably for the betterment of the communities in which they woAug 21, 2020 · A contractor must generally meet this benefit payment requirement for each hour worked by an employee working on the government contract. The fringe benefit obligation also applies to hours that an employee takes for vacation, sick leave, and holiday hours up to a maximum of 40-hours per week or 2,080 hours per year on each contract. penguin diner 2
Please enter your user name or email address to verify your identity. Sep 28, 2016 · About the author: K.C. Cannon, Jr. is Vice President of sales at Fringe Benefit Group, which has been helping the construction industry design and administer fringe benefit programs since 1983. For more information on its prevailing wage benefit plan, The Contractors Plan, please contact K.C. at [email protected] or 866-670-7442. Read The Latest Edition Of The Contractors Plan Retirement Newsletter. October 20, 2022 The purpose of this quarterly newsletter is to provide a deeper dive into retirement topics, helping you better prepare for upcoming and important events.Follow these fast steps to edit the PDF Contractors plan withdrawal form online for free: Register and log in to your account. Log in to the editor with your credentials or click on Create free account to test the tool’s functionality. Add the Contractors plan withdrawal form for redacting. Click on the New Document button above, then drag ...