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Builders Association 401(k) Plan

The Builders Association is now offering a mutliple employer 401(k) plan to all member companies. Member companies that join can provide an outstanding plan to employees while saving money and spending less time on paperwork.

Features of this program, which the Builders Association is proud to be offering for the first time, will include:

  • No annual audit
  • Cost saving on the investments
  • No individual Form 5500 reporting
  • Minimal plan maintenance


    • Flexible plan features are safe harbor, Roth and profit sharing Customizable 401(k) plan design options involving eligibility, matches, vesting schedules, and more.

    The Builders Association’s benefit plan, from a government reporting standpoint, is treated like one large plan, regardless of how many companies take part in the program. The end result for members is a 401(k) plan with competitive investments, outstanding service, and someone else doing a majority of the plan maintenance leg work.

    Virtually all administrative tasks can be offloaded from you to Transamerica Retirement Services and the Builders Association. Tasks that can be shifted may include:

  • Administrative responsibilities
  • Employee eligibility tracking
  • Distribution
  • Processing
  • Plan compliance
  • Non-discrimination testing
  • Annual reporting
  • Participant education/enrollment

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    An evaluation on whether or not this plan is right for your company comes at no cost to you. For more information, contact Stephen Ellsworth of Robert W. Baird & Co. at 1-800-792-6732 or the Builders Association at 847-318-8585.

    Your firm must be a member of the Builders Association to participate in this program.