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Prevailing Wage Retirement: 5 401k Myths Debunked

by Adam Garrett | Dec 14, 2018 | Prevailing Wage, Retirement Plans

Among the employee benefits popularly discussed in recent years, healthcare coverage and retirement plans like 401k plans have been taking the spotlight. Issues concerning rising student loan debt and the reality of longer life expectancies have made retirement plans...

Hiring a 401k TPA is a Fiduciary Duty of Prevailing Wage Contractors

by Adam Garrett | May 31, 2017 | Employee Benefits, Retirement Plans

More Tips for Employers on Employees Retirement PlansPrevailing wage contractors should give potential 401k service providers comprehensive information regarding the retirement plan they are looking for. The type of services that they will give and the compensation...

Fiduciary Duties of Prevailing Wage Contractors as Employers

by Adam Garrett | May 29, 2017 | Retirement Plans

Responsibilities of Employers as 401K FiduciariesThe security of your prevailing wage employees’ 401k plan depends on how well you understand your fiduciary duties and your compliance with the laws and regulations that govern prevailing wage. We list down some helpful...

401K for Prevailing Wage Workers: Who is a Fiduciary?

by Adam Garrett | May 24, 2017 | Retirement Plans

Why Should You Have a Fiduciary for 401K PlansA 401k plan is the most renowned employer-sponsored retirement plan in the United States. 401k plans allow employees to save money by investing a part of their wages before taxes are taken out. With 401k plans, employees...

401k Retirement Plan Tips for Prevailing Wage Contractors

by Adam Garrett | May 23, 2017 | Prevailing Wage, Retirement Plans

How to Effectively Manage Your Employees’ Retirement PlanStarting an employee benefit plan and considering a 401k can be challenging. Sponsoring a 401k, which is a defined-contribution retirement savings plan sponsored by an employee, requires knowledge of the...
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  • Fringe Benefit Compliance and the Department of Labor
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