Case Study: a 243-employee construction firm saves $243K+ with PEO Marketplace

243 Employee Construction Firm saves $243K+ in Year 1 with PEO Marketplace

A 243-employee construction firm was facing significant challenges with their existing PEO, including rising administrative fees, subpar medical insurance renewals, and a hefty workers' compensation premium increase. Their previous provider also used a bundled invoice that made it difficult to understand and control costs. To address these issues, they turned to PEO Marketplace for assistance.

PEO Marketplace implemented its standardized RFP process and cost comparison tool, which facilitated a competitive bidding process among four top-tier PEOs. This resulted in the client finding a new provider that offered a better health plan, lower rates, and dedicated claims management. The project-managed transition ensured no disruption to payroll or benefits. This solution delivered by PEO Marketplace saved the client over $243,000 in the first year alone, provided complete billing transparency, and positioned the PEO partnership to support the company's future growth goals.

243 Employee Construction Firm