ARROW Contractors Trust
At ARCHER JORDAN, our Arrow Contractors Trust program exists to simplify the complicated process involved in complying with the Davis-Bacon and the McNamara-O’Hara Service Contract Act, along with a host of other federal and state laws. Our consultants have helped countless organizations reduce their expenses while providing their workers with substantive health and retirement plans to safeguard the future.
We take care of it all, so you can continue doing what you do best - running your business.
Competition for prevailing wage jobs is tough. One of the greatest challenges for open shop government contractors is managing the paperwork and bookkeeping around compliance, healthcare reform, fringe benefits and taxes. From Davis-Bacon, state prevailing wage and local prevailing wage laws, to the Affordable Care Act, the rules and regulations are countless—and never definite. You wouldn't be the first prevailing wage construction contractor concerned with compliance.
Compliance with federal, state and local regulations is a serious concern for government contractors. Contractors Trust by ARCHER JORDAN, ensures that our clients save money on their payroll taxes and provide meaningful benefits to their employees, while remaining in compliance with the Department of Labor and the Department of Health and Human Services, which in turn allows them to maintain a consistent workforce, focus on getting their job done, build their business' and relieve themselves of unnecessary worry.
Service Disabled Veteran Owned Small Business Government Contractors
Archer Jordan understands and values the SDVOSB Government Contractor. We have tools and programs that are designed to assist the SDVOSB owner to be more competitive and compliant and therefore win more contracts. Allow us to build a program tailored to your specific needs.
Bonafide prevailing wage plans have several components, whether we're designing a program for a service contractor or a construction contractor. Having a well constructed fringe benefits program requires a medical plan appropriately designed for the organizational specifics of each contractor. Pre-packaged plans fall short. Which is what you will find in the marketplace. Our Arrow Contractors Trust program is designed to meet the specific needs of your organization.
Our plans include: major medical, limited medical, minimum essential coverage, dental/vision, short-term disability, term life, and many supplemental and specialty benefit plans
ARCHER JORDAN provides trustee and investment management services to prevailing wage contractors of all types. Service Contract Act, Davis Bacon Act, and state prevailing wage contractors all entrust ARCHER JORDAN with their fringe contributions for safety, securely and correct placement. Managing these important fringe dollars isn't difficult for us because we have painstakingly created the most durable, efficient and affordable prevailing wage benefits and retirement program in the business.
Our Arrow Contractors Trust features specialized retirement plans that meet the strict requirements of ERISA, as well as the compliance standards for prevailing wage pension plans.
Our Arrow SUB Plan, supplementary unemployment benefit plan, is a bonafide fringe benefit according to the DOL, and allows government contractors to receive the same savings on payroll and workers comp taxes and general liability insurance as if they had put the fringe contributions into a health or retirement plan. Also, the employees can receive cash in case of a qualifying event such as unemployment, underemployment, holidays, or sickness.
Administering a bonafide fringe benefit plan requires specialized knowledge and technology not possessed by traditional brokers or plan administrators. Utilizing our proprietary Arrow Cloud Systems data management operating system, we keep track to the penny your employees fringe contribution dollars, both toward our retirement or SUB program, as well as our health and welfare benefits plan. At the same time our experienced contractors prevailing wage administration professionals, make sure your benefits plan runs as smoothly as possible.
Transparent fringe benefit management is what clients are looking for, which is why we take care of it ALL. From seamless enrollment and processing to employee support and engagement, our team is dedicated to helping you lower risks and increase profits.
To whom you entrust the fringe benefits of your contractors defines you as a company. As such, you should choose a trustee with the experience and integrity to effectively manage and secure benefits for your workers.
For trust services, choose Archer Jordan. We are an independent trustee with decades of experience in handling trust funds for US companies. We design and administer plans, and ensure your compliance with the SCA, Davis-Bacon Act, and other related laws in your state.
Gather, manage, and instantly access all details connected to the benefit plan in the Arrow Cloud System through a client-specific HR Management system. Whether you have 50 or 500 government contractors, our HR tool makes it a piece of cake to deal with all the info anytime, anywhere you are.
Improve communication, track employee engagement, and ensure data security and transparency with a reliable HRM system.
Are you ready to maximize your fringe?
Workers can definitely have a secure future without sacrificing the company’s profitability.
Let Archer Jordan find the right plans for you.