Two employers (manufacturing + logistics)
The short answer
Two employers, one in manufacturing and one in logistics, each around 300 employees, added SmartHealth+, a fully insured supplemental benefit funded through a Section 125 pre-tax payroll structure. Combined, they project roughly $750,000 in first-year employer FICA savings, about $1,250 per employee, while giving hourly staff coverage they can actually use. These are client projections run on their own payroll data, not guaranteed results.
The challenge
- Hourly workforce avoiding a high-deductible major medical plan they rarely used
- Rising benefits cost with little room to add value
- Wanting real savings without changing the existing major medical plan
- Payroll-tax burden growing with headcount
What ONYX did
- Added SmartHealth+ (fixed indemnity + GAP) alongside the existing major medical plan
- Structured voluntary, pre-tax employee enrollment under Section 125
- Integrated with the existing payroll provider (ADP / Paycom / Paylocity / Paychex)
- Employee education handled by the SmartHealth+ team, not the client's office
- Modeled projected employer FICA savings on each client's own census
Savings shown are client projections based on those clients' payroll census data and are not a guarantee of results for any other employer. Your figures depend on your own census and salary mix. ONYX Business Advisors is an independent advisory firm, not an insurance producer. Benefit availability varies by state.
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