BCT Benefits is a well-established provider of Supplemental Unemployment Benefit (SUB) plans, with 18 years of experience helping contractors navigate the complexities of prevailing wage work. Based in the U.S., the organization offers a fringe-benefit trust, the “BCT Plan”, that enables employers to redirect the “wage gap” into a SUB account instead of paying it out as cash. This structure provides significant cost savings for employers (because SUB contributions aren’t subject to payroll burden like workers’ comp or liability insurance) and ensures employees have a financial safety net during slow periods, layoffs, or short work weeks.
Led by Rachel Snyder, Vice President of Sales & Operations, BCT Benefits offers a plan that is simple to administer (working directly with payroll teams), fully ERISA-compliant, and requires no eligibility waiting period. The SUB trust pays out for up to 26 weeks of unemployment at an employee’s normal rate based on their hours, and employees can access the funds via direct deposit or debit card, even if they change employers, since the account stays in their name.
Over the years, BCT has built a strong reputation for helping contractors bid more competitively on government and publicly funded projects by reducing labor costs without cutting pay. Their SUB Plan has been recognized for offering both financial efficiency for employers and stability for employees, a “win-win” according to many in the construction industry.
Contact Details:
Address: PO Box 825
Email: rachel@bctbenefitplans.com
Phone: (616) 826-9679