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Prevailing Wage Plan title How the Prevailing Wage Plan Works

"This IRS Approved Plan Can
Save You $2000 Per Year
Per Employee"


Watch Our New Video
Learn more about Davis-Bacon Penison Plans with our new video.




Calculate Your Savings
Estimate your savings using the Davis-Bacon Pension Plan & Trust today!




Links
A list of popluar links for builders and contractors.




Lower Your Bid

If you are an open-shop contractor working on Federal or State public projects, you are required to pay out 100% of the local Prevailing Wage rate. However, you may choose to pay only the Base Rate directly to your employees and contribute the fringe rate into a bona fide pension plan.

By contributing the Fringe Benefit Rate into the Davis-Bacon Pension Plan & Trust you save the amount you would have paid in payroll taxes (FICA, FUTA, SUTA, Medicare), *Workers Compensation and General Liability Insurance premiums on those funds.

*Premium is based on wages in most states

Example of Employer Savings



Total Savings based on 1600 Hours worked per year

Savings like these enable you to lower your bid while significantly increasing profits. The lower your cost of doing business, the more competitive you can be.

 
  Phone: 425 889 8855 ext 1
  Fax: 425 827 1987
  Email: dbpa@davisbacon.org