Record Keeping

​​​​​         214-298-9573

Government contractors are required to provide a bona-fide fringe benefit to each employee. The terms of this requirement are found in the employer's contract with the government.

​Since most of these mandates are a derivative of the hours worked by the employee in conjunction with the posted fringe rate, record keeping services are vital for contract compliance.

Services Include:
  • Monthly reconciliation of employer fringe reporting

  • Differentiation of “fixed” cost and “average” cost contracts

  • Individual employee accounting

  • Plan management and eligibility

  • Premium allocation and reconciliation

  • Premium reserve and hour bank accounting

  • Reporting trail for Department of Labor (DOL) audits