AGC of East Tennessee Announces New 401(k) Plan
Who has time to administer a 401(k) program? With AGC of East Tennessee's new partnership with Transamerica, you can spend less time administering your 401(k) Program while providing a a powerful retirement plan for your employees that will help save money.
The AGC of East Tennessee 401(k) Plan, from a government reporting standpoint, is treated like one large plan. The end result for you is a 401(k) plan with competitive investments, outstanding service, and someone else doing a majority of the plan maintenance legwork.
STRENGTH IN NUMBERS:
When you utilize the AGC of East Tennessee 401(k) Plan, you have all the advantages and flexibility of a stand-alone plan sponsor, but avoid the expenses and administrative burden associated with sponsoring a single employer plan.
LET TRANSAMERICA HANDLE THE PAPERWORK FOR YOU:
Tasks that can be shifted may include:
• Administrative responsibilities
• Employee eligibility tracking
• Distribution processing
• Plan compliance
• Nondiscrimination testing
• Annual reporting
• Participant enrollment/education
The result is time for you to focus on running your business.
AGC of East Tennessee has joined with Transamerica to deliver guidance and support you need to offer a quality retirement plan. If you are interested in learning more about a high-impact employee benefit that enhances employee motivation and retention at
minimal time and cost, please contact AGC of East Tennessee or send an email to Transamerica’s Special Markets at firstname.lastname@example.org.
The Evaluation Process is as easy as:
1. Contacting Spencer Benefits
o: (423) 498-3040
c: (423) 488-4061
2. Provide the requested information for your evaluation
3. Schedule a no-cost plan design evaluation meeting