Client Profile
- Type: Mid-Sized Manufacturing Company
- Employees: 500
- Annual Payroll: $25M
- Location: Midwest U.S.
The Challenge
Despite strong growth, the company was struggling with rising healthcare premiums and high employee turnover. Leadership wanted to reinvest in expansion, but margin pressures left little room to maneuver.
Our Approach
- Group Health Consulting: Negotiated a plan that reduced premiums by 20% while keeping employee coverage unchanged.
- Section 125 Implementation: Structured a tax savings plan that lowered employer FICA contributions by 7.65%.
- Retention Grant Programs: Helped secure available workforce grants and introduced no-net-cost employee perks.
The Results
- Insurance Premium Reduction: +$3M/year
- Section 125 Savings: +$1.91M/year
- Retention Grants: +$250k/year
Total Impact: $5.16M in new savings annually
Engagement Model
We charged 30% of verified savings, totaling $1.55M.
Net Gain to Client: $3.61M in year one
Client Quote
“We thought insurance costs were a sunk expense. Instead, we freed up millions to invest back into production and people.”
