Employee Benefits for Property Management Companies
Retain maintenance techs, leasing agents, and property managers while saving $1119+ per employee per year in FICA taxes — all at $0 cost to your company.
Why Property Management Companies Need a Better Benefits Strategy
Property management companies face a unique staffing challenge: your workforce is spread across multiple locations, often working independently at individual properties. Maintenance technicians, leasing consultants, and property managers are difficult to recruit and expensive to replace — yet traditional group health insurance can cost $7,000 to $22,000 per employee annually, putting it out of reach for most mid-size management firms.
The Preventive Care Benefits Program solves this by offering real, meaningful benefits — including telemedicine accessible from any property location, 1,000+ preventive prescriptions, $150K life insurance, and mental health support — without any out-of-pocket expense. For companies managing 10 or 100 properties, the program scales effortlessly across your entire workforce.
Retain Maintenance Staff
Skilled maintenance techs are in high demand. With 33% annual turnover and $3,000–$5,000 replacement costs per hire, offering benefits gives your team a compelling reason to stay — and makes recruiting easier.
Save on FICA Across Properties
Generate $$1119–$$1186 in annual FICA tax savings per W2 employee. A property management company with 50 employees across multiple sites saves over $55,000 per year.
Telemedicine for Distributed Teams
On-site staff spread across multiple properties can't easily leave for doctor visits. Unlimited telemedicine gives maintenance techs, leasing agents, and managers access to care from any location — reducing absenteeism and downtime.
$0 Cost Implementation
No premiums, no out-of-pocket expenses, no setup fees. The program is structured so it pays for itself through tax savings from day one — regardless of how many properties you manage.
How It Works for Property Management
The Preventive Care Benefits Program is a Self Insured Medical Reimbursement Program (SIMRP) structured under IRC §105(b), §125, and ACA guidelines. It's designed for W2 employees earning $26,000 or more annually — covering maintenance technicians, leasing agents, property managers, and administrative staff across your portfolio.
Implementation takes just 2-3 weeks, even for multi-property companies with distributed teams. Our team handles all plan documentation, compliance filings, and employee enrollment. You don't need to change payroll providers or restructure your existing benefits — the program integrates with your current setup.
Employees see no change to their take-home pay while gaining access to comprehensive preventive care benefits. Whether they work at a single community or travel between properties, every eligible team member receives the same coverage. Your company saves on every payroll cycle through reduced FICA obligations.
Ready to Save on Employer Taxes?
Schedule a complimentary discovery call to see how much your business can save with the Preventive Care Benefits Program.