A turnkey solution to streamline plan administration
Contractors who use the entire fringe portion of the prevailing wage to offer benefits save even more on payroll taxes. Total Fringe analyzes your premiums so the full fringe amount is allocated to your benefit plans.
You choose the benefits from our full suite, all enrolled and administered through our secure online portal. We take care of the details:
You send in one fringe check and upload one fringe file, no matter how many benefits you offer. Allocating the total fringe to prevailing wage benefit plans saves on payroll costs immediately, helps you avoid cost overruns and makes future benefit liabilities easier to forecast.
An illustration using a $10.00 hourly fringe rate. Every fringe dollar is priced into a benefit, so nothing is left to pay out as cash wages.
Step 1 · The prevailing wage
Step 2 · The fringe, priced into benefits
Medical
$4.50/hr
Dental & vision
$1.10/hr
Life & disability
$0.65/hr
Retirement
$3.75/hr
Fringe allocated
$10.00 of $10.00
$0.00 paid as taxable cash