Beneco

The Davis-Bacon Act Prevailing wage was established under federal law by the Davis-Bacon Act of 1931. The act mandates that contractors and subcontractors pay their workers an hourly prevailing wage when working on any federally funded construction project over $2,000. The U.S. Department

Financial security is something that every American strives for. Experts believe that the foundations of financial security are built off of three equally important pillars: a retirement plan, health insurance, and permanent life insurance. These three instruments complement one another and work tog

Our clients are our family. Over the years, we’ve successfully acquitted our clients in DOL and DIR investigations that otherwise would have led to crippling fines, criminal charges, jail time or business closures. We take DB and SCA compliance seriously, and we draw on 30+ years of experience, expe

At Beneco, we believe a well-designed PW plan is a critical element to construction company strategy. Our ability to execute on strategic Plan Design combines compliance expertise and complex cross-testing with strategic consultation to minimize tax burden, maximize retirement savings, and reinvest

Hour Banking, one of Beneco’s most differentiated services, provides clients the opportunity to pre-fund benefits plans using Prevailing Wage dollars while staying compliant. Our biggest and most strategic clients view Hour Banking as a way to ensure their employees retain coverage and the business