Beneco is the nationwide leader in providing solutions for contractors throughout the United States who perform projects that are subject to municipal, city, and state prevailing wage laws and the federal Davis-Bacon Act's and Service Contract Act's regulations and requirements. The Beneco bona fide plans are Department of Labor and Internal Revenue Service approved and continue to save clients millions of dollars in labor burden costs. This, in turn, positions our clients to expand the ability to competitively bid, win public works projects, increase bottom line profits, and attract and retain skilled employees.