Welcome to ProfitGuarding

Smarter Benefits. Stronger Business.

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

Revolutionize Your Employee Benefits with SIMERP

SIMERP—short for Self-Insured Medical Expense Reimbursement Plan—is a fully IRS-, HIPAA-, ERISA-, and ACA-compliant program that transforms payroll tax savings into high-impact employee benefits. Designed for businesses with 5+ employees, SIMERP helps reduce payroll taxes by up to $639 per employee annually and lowers workers’ compensation premiums by as much as 30%. It also provides employees with no-net cost supplemental coverage, including accident, disability, life insurance, and access to preventive care and wellness resources—all at no net expense to your company.

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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.

  • 30-45 days after the enrollment is complete.

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

Approximately How Many W2 Employees Do You Have?

What Is Your Company Name?

Which State Is Your Company Located In?

Do You Have an ACA-Approved Medical Plan?

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