The Department of Labor’s annual fringe rate for health and welfare benefits has a massive impact on the operations of SCA contractors. The state of the fringe rate greatly influences…
Tag: health and welfare
Tips for Navigating a DOL Audit
Keeping up with the compliance requirements for your employee benefits plan is a year-round effort! Employers face an intimidating range of obligations on their employee health and welfare plans with…
How a Fringe Benefit Plan Drives Competitiveness
[A version of this article was originally published in the July 2021 issue of Construction Business Owner magazine.] The government contracting industry is in a league of its own when…
Health and Welfare Compliance Concerns for 2021
As we close in on the halfway point of 2021, it goes without saying that a lot has happened in a short amount of time. This is especially true when…
Health and Welfare Benefits and the Executive Order
On April 27, 2021 the Biden-Harris administration issued an executive order raising the minimum wage for workers who are working on federal contracts to $15. The task of implementing and…
Preparing for COBRA Subsidies
On March 11, President Biden signed the American Rescue Plan Act of 2021 (ARPA), the third economic relief package enacted during the pandemic to provide financial support to individuals, businesses,…