Welcome to ProfitGuarding

Smarter Benefits. Stronger Business.

At Profit Guarding, we implement SIMERP—the Self-Insured Medical Expense Reimbursement Plan—designed to help you:

Lower Payroll Tax and Workers’ Comp—Without Cutting Pay or Benefits

Most companies are losing thousands every year without realizing it.
We use a little-known IRS-approved setup to help you:

  • Lower payroll taxes
  • Cut workers’ comp premiums
  • Expand employee benefits
    All at zero cost to your business.
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Book a quick call to see if your company qualifies for savings

This is a short 10–15 min call to see if your business is eligible for payroll tax and workers' comp savings under our ACA-approved setup. If you qualify, we’ll schedule a second call with our lead specialist to walk you through next steps.

Simple Savings Process

How It Works

  • Implement SIMERP under strict IRS Section 105/125 and related guidelines to ensure full compliance and audit readiness.

  • Seamlessly integrate with your existing payroll system. Pre-tax deductions immediately generate FICA tax savings.

  • Employees gain instant access to a comprehensive benefits package, including supplemental insurance and a robust wellness dashboard.

  • Enjoy significant annual savings, reduced workers’ comp premiums, and improved employee retention—all with minimal HR effort.

About SIMERP

Empowering Employers
The SIMERP Advantage
  • Cost Saving: Save up to $639 per employee per year in payroll taxes while lowering workers’ comp costs.
  • Seamless Integration: Works with every payroll system, ensuring a smooth, white-glove setup with minimal HR involvement.
  • Enhanced Benefits: Offer a wide range of supplemental benefits—from accident and disability coverage to 24/7 telehealth and preventive care, at no net cost to the employer or employee.
  • Compliance & Simplicity: Built on IRS-approved frameworks, keeping your business fully audit-ready.

Success Stories

  • Small Business – “Smith & Sons Electrical”

    14 employees

    Challenge:

    High payroll taxes and rising insurance costs were making it difficult to offer competitive employee benefits.

    Solution with SIMERP:

    • Implemented SIMERP in less than 30 days.
    • Each employee redirected a portion of their wages to a pre-tax wellness plan and received full reimbursement.
    • Access to benefits like telehealth, dental, and vision was added—without impacting net pay.


    Results:

    • $13,185/year in payroll tax savings 20% reduction in workers’ comp premiums.
    • Improved employee morale and retention.
    Read more
  • Mid-Size Business – “Blue Ridge Manufacturing Co.”

    125 employees

    Challenge:

    Unable to afford premium-level employee benefits, leading to high turnover and difficulty recruiting.

    Solution with SIMERP:

    • Rolled out SIMERP company-wide with HR support from the provider.
    • Reduced gross taxable payroll while providing employees with no-cost supplemental coverage (accident, life, critical illness).


    Results:

    • $109,875/year in payroll tax savings.
    • $75,000/year in reduced workers' comp costs.
    • 250% increase in benefits participation
      Turnover dropped by 30% in 6 months.
    Read more
  • Large Enterprise – “National Freight Logistics”

    4000 employees

    Challenge:

    Sky-high workers’ comp premiums and complex benefits administration across multiple states.

    Solution with SIMERP:

    • Integrated SIMERP with their existing payroll and benefits system.
    • Leveraged concierge support to communicate the plan across all terminals.
    • Paired the program with their MEC health plan for full ACA compliance.


    Results:

    • $3.5M/year in payroll tax and workers’ comp savings.
    • Company-wide participation rate of 92%.
    • Dramatic decrease in claims abuse and absenteeism.
    Read more

FAQ

Frequently Asked Questions

  • SIMERP is designed for businesses with 5+ employees. Employees must be W-2.

  • No. It integrates seamlessly with your current benefits, adding value without disruption.

  • Within 30 days after the enrollment is complete.

  • Yes. SIMERP adheres to IRS, HIPAA, ERISA, and ACA guidelines, ensuring full regulatory compliance.

Estimate Your Annual Savings

Savings are based on the average reduction per full-time W-2 employee under the SIMERP program.