Davis-Bacon Logo
Davis-Bacon Paper Background
Side Navigation Image Top Navigation Image Construction Worker
Home Button
About Us Button
Prvailing Wage Plan Button
Other Services Offered Button
Erisa / Fidelity Bonds
Plan Comparison Button
Calculate Savings Button
Participants Button

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Davis-Bacon Paper Background
Employee Prevailing Wage Plan Benefits title Employee Prevailing Wage Plan Benefits

IRA Rollover Options
Davis-Bacon Pension Plans, Inc. has contracted with AutoRollovers to provide participants with an easy, cost effective IRA Rollover option.

Employee accounts are 100% vested from the first hour they work.

Each employee has their own allocated account, they can access anytime with a 1-800 number or online.

Employee accounts are not subject to either a front end or deferred sales charge.

Click here to login into your personal account.

Compare the Best to the Rest

Participation in the Davis-Bacon Pension Plan & Trust means employees also save the amount which they otherwise would have paid to FICA or income tax on their Fringe Benefits.

In addition to tax savings, employees accumulate tax-deferred earnings on their total Trust deposit. These funds will not be taxed until withdrawn, usually at retirement, which occurs without IRS penalties after age 59 1/2.

Employee Account Accumulation
Based on $8.00/hr Fringe Rate
for 1,600 hours ($12,800/yr)

Assumed Rate of Return 8%:
After 10 Years $ 92,000
After 20 Years $292,000

Approximate Tax Savings
Based on $12,800 Deposit Amount
Social Security = $ 979.20
Income Tax = $3,484.00
Taxes Saved = $4,536.20

  Phone: 425 889 8855
  Hours: 7:00AM – 3:30PM PST
  Fax: 425 827 1987
  Email: dbpa@davisbacon.org