Employee Benefits & Prevailing Wage Administration Specialist
Specializing in providing contractors with Compliance & Labor Burden saving programs
Who we are: EBAC is a fully compliant prevailing wage administration corporation, offering services that substantially lower labor burden taxes & workers compensation premiums of contractors performing work on prevailing wage projects. The EBAC team is dedicated to providing knowledge, experience and unprecedented service to our partner contractors. Our goal is to help contractors by offering individually structured programs that allows a contractor to take advantage of regulations and laws that will help them become and stay compliant and competitive while bidding and working on prevailing wage projects.
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EBAC provides the following Solutions:
1. Fully Compliant Prevailing Wage Administration
- Up to 100% credit against PW Fringe obligation
- Daily accounting
- Write one check Monthly/weekly
- Pick and choose Health/Ancillary Benefits
- Fully Compliant Prevailing Wage Pension
- Supplemental Unemployment Benefit Program
2. Prevailing Wage Employee Benefits
- EBAC will determine the exact hourly cost (employer/employee contribution scenarios) to assure employers take the proper deductions.
- Daily Monitoring, Employee Fund Tracking, Employer General Fund Tracking
- Complete Benefit Management
- Online Enrollment System & Management
- Billing Reconciliation (New Hire On boarding/Employee Termination Tracking)
- Voluntary Benefits Options: Life, Accident, Dental, Vision
- Fully Integrate Web Based Annual Renewal options and face to face individual open enrollment meetings
3. Fully Integrated Prevailing Wage Pension/401K
- Specific Hourly employer PW Contribution Scenario
- 401K Elective Deferrals for both Field and Office Staff
- Fully Vested Plan Options
- Profit Sharing Integration
- Owner/Stock Holder Pension Maximization Program (PMP)
4. Supplemental Unemployment Benefit Program (SUB)
- Allows employees to voluntarily defer earned fringes into personal SUB account
- Employees can submit claims of unemployment and underemployed due to the following
- Rain/weather
- In between projects
- Injury/ Illness
- Employment Termination
- Online Enrollment and Claim Processing
- Weekly claim processing and distribution
- Paperless distribution system through SOLE financial
Go to Calculators to determine your company's possible annual saving utilizing EBAC and the true cost of each employee on the job hourly wage.
Non Prevailing Wage Labor Burden Calculator
Prevailing Wage Labor Burden Calculator
Prevailing Wage Administration Savings Calculator