AGC of East Tennessee Announces New 401(k) Plan
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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.
MEMBER BENEFITS:
HOW? 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 specialmarkets@transamerica.com. |
The Evaluation Process is as easy as:
1. Contacting Spencer Benefits defo@spencerbenefitts.net 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 |
