Group Retirement Plan (Prevailing Wage Contractors)

In the prevailing wage industry, balancing competitive bids with the demand for top talent can feel like walking a tightrope. With the Davis-Bacon Act increasing the cost of federal construction projects by an average of $1.4 billion annually, contractors are under immense pressure.

Winning contracts and complying with state and federal laws while not compromising on the quality of talent poses a significant challenge.
Fierce competition demands lean bids that stand out.

Yet, with equalized salaries due to the prevailing wage, attracting and retaining top-notch professionals becomes daunting. This potential threat threatens your chance of securing contracts and jeopardizes your team’s efficiency and productivity. If not addressed, you risk spiraling costs reduced bid competitiveness, and the very foundation of your business could be at stake.

TWIA Insurance Group offers Retirement Plans explicitly tailored for prevailing wage contractors.

By integrating these retirement plans, you can significantly reduce your bid costs, positioning you ahead of your competitors. Beyond winning contracts, it provides a substantial advantage in the talent war, allowing you to recruit and retain key personnel and ensuring projects are completed punctually.

Our seasoned Third-Party Administrators (TPA) are equipped to streamline the entire process for you, effectively reducing costs while ensuring full compliance with all federal and state prevailing wage laws.

In essence, you’re not just providing a benefit—you’re sculpting a future for your employees and fortifying the foundations of your business. Don’t let the challenges of the industry hold you back. Request a quote today and transform how you bid, work, and succeed.

“Pricing: Pricing will depend on various factors and information provided.

Purchasing Process: 1. Order Quote 2. Receive Email 3. Complete Quote Informational Form

Requirements: Must have three or more employees that will enroll. Coverage is for group members and/or spouses and dependents. We will need the Age, Gender, and Smoking status of each prospective group member and their spouse and dependents.

The estimated Time Frame is 20 to 30 minutes to complete the quote form; once received, turnaround time can be within three business days.

Select “”Add to Cart”” to Order your quote now!
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