243 Employee Construction Firm
🤔 The Problem
This fast-growing construction firm was feeling the squeeze from their old PEO — admin fees had crept up over the years, medical insurance renewals were subpar, and their workers’ comp losses had triggered a hefty premium increase. On top of that, their PEO bundled all charges into a lump monthly invoice, making it hard to evaluate or control rising costs.
⚙️ How PEO Marketplace Delivered Results
✅ Standardized RFP Process
The client used our platform to upload payroll, census, and workers’ comp history just once. Our system generated a standardized PEO RFP, cutting quote time by 70%.
✅ Side-by-Side Breakdown
Our cost comparison tool revealed how much they were overspending on admin fees and flagged their current PEO’s inflated medical markup.
✅ Competitive Negotiations
We facilitated a bidding process among four top-tier PEOs with construction expertise. The winning PEO offered a group health plan with better coverage and significantly lower rates — and provided a dedicated claims management team to help lower future mod scores.
✅ Smooth Transition + Implementation Support
We project-managed the transition to ensure no disruption in payroll or benefits during the switch, handling everything from data migration to employee onboarding.
📈 The Results
$243K+ saved in Year 1 alone
Lowered mod rating = future workers’ comp savings
Improved benefits package = stronger talent retention
Complete billing transparency
PEO partnership now aligned with company growth goals
Previous PEO
Variable costs* —bundled rates
| Adm/WC/SUTA | $322.795 |
| Fixed costs | $592.552 |
| Medical Ins | $900.241 |
| Total Costs | $1,815,588 |
New PEO
Variable costs
| Admin Fee | $177.028 |
| Workers Comp | $68.903 |
| SUTA | $26.432 |
| Total Variable | $272.364 |
| Fixed costs | $592.552 |
| Medical Ins | $704.544 |
| Total Costs | $1,569.460 |
| Year 1 Savings | $243,128 |
🛠️ Is Your Construction Business Leaving Money on the Table?
No matter your size or industry let PEO Marketplace help you find a better-fit PEO — with the transparency, support, and savings you deserve.
Compare quotes, cut costs, and protect your margins. Contact us today!
