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# davisbacon.org

davisbacon.org

## Sitemaps

- [XML Sitemap](https://davisbacon.org/sitemap.xml): Contains all public & indexable URLs for this website.

## Posts

- [blog](https://davisbacon.org/blog)
- [Upcoming SECURE 2.0 Amendment Deadline: Has Your Plan Been Amended?](https://davisbacon.org/blog/upcoming-secure-2-0-amendment-deadline-has-your-plan-been-amended.php/) - The SECURE 2.0 Act of 2022 (SECURE 2.0) introduced many required and optional changes affecting defined contribution plans, including 401(k) plans, 403(b) plans, and employee stock ownership plans. Some of these changes have been in effect and in operation for years, but most plan sponsors have delayed amending plan document terms to reflect the changes.
- [What Is Form 5500](https://davisbacon.org/blog/what-is-form-5500.php/) - Form 5500 is a filing requirement for employee benefit plans, including defined contribution plans (such as 401(K) plans), under ERISA and Internal Revenue Code (IRC). It provides the U.S. Department of Labor (DOL) and IRS with important information about the operation, financial condition, and compliance of these plans. The purpose of Form 5500 is to ensure that plan sponsors
- [Roth Catch-Up Contributions: Final Regulations and 415(c) Interactions](https://davisbacon.org/blog/roth-catch-up-contributions-final-regulations-and-415c-interactions.php/) - Reach out to us for more information about our available services today (425)-889-8855.
- [SECURE Act 2.0: 2025 Changes for Small Business 401(k) Plans](https://davisbacon.org/blog/https-www-employeefiduciary-com-blog-secure-act-2-2025-changes.php/) - The SECURE 2.0 Act of 2022 (SECURE 2.0) introduced major changes to 401(k) plans, especially for small businesses. Three major changes take effect for plan years beginning after December 31, 2024 (January 1, 2025 for a calendar-based plan). They relate to automatic enrollment, long-term part-time eligibility, and catch-up contributions. As a small business owner, it’s
- [New SECURE 2.0 Super 401(k) Catch-Up Contribution for Ages 60-63](https://davisbacon.org/blog/new-secure-2-0-super-401k-catch-up-contribution-for-ages-60-63.php/) - The SECURE 2.0 Act continues to reshape retirement savings in 2025, offering new opportunities for many to strengthen their financial future. Key updates include a higher required minimum distribution (RMD) age and expanded eligibility for 401(k) plans, making it easier for part-time workers to participate. A major highlight for 2025 is the enhanced catch-up contribution limits for
- [ABC: Nonunion Construction Workforce Tops 80% in 41 States](https://davisbacon.org/blog/abc-nonunion-construction-workforce-tops-80-in-41-states.php/) - Call for more information today!
- [401(k) limit increases to $23,500 for 2025, IRA limit remains $7,000](https://davisbacon.org/blog/401k-limit-increases-to-23500-for-2025-ira-limit-remains-7000.php/) - WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024. The IRS today also issued technical guidance regarding all cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2025 in Notice 2024-80 PDF, posted
- [Federal Judge Blocks Portions of Department of Labor Rulemaking on Davis-Bacon Act](https://davisbacon.org/blog/federal-judge-blocks-portions-of-department-of-labor-rulemaking-on-davis-bacon-act.php/) - On Monday, June 24, 2024, a federal judge for the US District Court for the Northern District of Texas (the Court) instituted a nationwide injunction on the enforcement of portions of the US Department of Labor’s (DOL) 2023 rulemaking titled “Updating the Davis-Bacon and Related Acts Regulations,” (2023 Final Rule) holding that the 2023 Final
- [ABC Files Lawsuit Against President Biden’s Anti-Competitive Project Labor Agreement Rule for Federal Construction Projects](https://davisbacon.org/blog/abc-files-lawsuit-against-president-bidens-anti-competitive-project-labor-agreement-rule-for-federal-construction-projects.php/) - WASHINGTON, March 28—Associated Builders and Contractors and its Florida First Coast chapter filed suit today in federal court to stop the Biden administration’s unlawful scheme to mandate project labor agreements on construction contracts procured by federal agencies. ABC’s complaint asserts that President Joe Biden lacks the legal and constitutional authority to impose a new federal regulation injuring
- [SECURE 2.0 Act Summary: New Retirement Plan Rules to Know](https://davisbacon.org/blog/secure-2-0-act-summary-new-retirement-plan-rules-to-know.php/) - SECURE 2.0 Act Summary: New Retirement Plan Rules to Know
- [Congress Publishes SECURE 2.0 Corrections Draft Legislation](https://davisbacon.org/blog/congress-publishes-secure-2-0-corrections-draft-legislation.php/) - Members of the House of Representatives and the Senate Thursday issued a “discussion draft” for the much-anticipated bill applying technical corrections to the SECURE 2.0 Act of 2022. Restoring Catch-Ups The bill would make corrections to several mistakes made in the hallmark retirement law. First and foremost, it corrects the most egregious error of SECURE
- [Roth Catch-Up Mandate in Secure 2.0: The Devilish Details](https://davisbacon.org/blog/roth-catch-up-mandate-in-secure-2-0-the-devilish-details.php/) - What You Need to Know The IRS is delaying, until 2026, a rule mandating that catch-up contributions for certain high-income taxpayers be treated as Roth contributions. A $145,000 income threshold, indexed for inflation, is not tied to existing definitions of highly compensated employees. Starting in 2025, a separate catch-up contribution will be permitted for taxpayers
- [ABC: Nonresidential Construction Employment Increases in July](https://davisbacon.org/blog/abc-nonresidential-construction-employment-increases-in-july.php/) - ABC: Nonresidential Construction Employment Increases in July
- [ARA Presses Treasury for More Time on Roth Catch-Ups](https://davisbacon.org/blog/ara-presses-treasury-for-more-time-on-roth-catch-ups.php/) - ADVOCACY Fifty retirement-related organizations sent a letter to the Treasury Department and specifically the IRS on July 19 requesting “transition relief” for Section 603 under the SECURE 2.0 Act. The signers—representing advocacy organizations (including the American Retirement Association), large corporations and municipal pension funds—asked for more time to comply with a requirement that catch-up contributions
- [USDOL To Offer Online Seminars On Prevailing Wage Requirements](https://davisbacon.org/blog/usdol-to-offer-online-seminars-on-prevailing-wage-requirements.php/) - Agency seeks to increase awareness of requirements related to federal contracts The U.S. Department of Labor’s Wage and Hour Division will begin offering online seminars for contracting agencies, contractors, unions and workers on the requirements for paying prevailing wages on federally funded construction and service contracts. According to the agency, which said the seminars are
- [Construction Firms Add 15,000 Jobs In April As Sector’s Unemployment Rate Hits Record Low For The Month As Firms Struggle To Find Workers](https://davisbacon.org/blog/construction-firms-add-15000-jobs-in-april-as-sectors-unemployment-rate-hits-record-low-for-the-month-as-firms-struggle-to-find-workers.php/) - Most of the Construction Gains Occurred in the Residential Construction Sector While Firms Now Pay Workers 19 Percent More Compared to the Average Job as they Struggle to Recruit New People The construction sector added 15,000 jobs in April while the sector’s unemployment rate fell to a record low for the month and the number
- [Why It Pays to Be a Consistent Retirement Saver](https://davisbacon.org/blog/why-it-pays-to-be-a-consistent-retirement-saver.php/) - Apart from the recent market volatility, a new study shows significant growth in account balances for 401(k) plan participants who consistently participate—especially for younger workers. According to the study from the Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI)—What Does Consistent Participation in 401(k) Plans Generate? Changes in 401(k) Plan Account
- [IRS Offers New Rules on Deadline for Using Retirement Forfeitures](https://davisbacon.org/blog/irs-offers-new-rules-on-deadline-for-using-retirement-forfeitures.php/) - The Internal Revenue Service proposed new rules on Monday formalizing the timing and use of forfeitures in qualified retirement plans by plan sponsors. The proposal, which would affect participants in, beneficiaries of, administrators of, and sponsors of qualified retirement plans, according to information published in the Federal Register. It would more clearly define how retirement plans
- [SECURE 2.0 Act Encourages Employers to Expand Retirement Coverage](https://davisbacon.org/blog/secure-2-0-act-encourages-employers-to-expand-retirement-coverage.php/) - Jackson Lewis’s Tia Martarella analyzes provisions of SECURE 2.0 Act of 2022 that are intended to increase employee participation in retirement plans, and their potential impact on previously underserved populations. Americans are 12 to 15 times more likely to save for retirement if they have access to a retirement savings plan at work. Yet
- [SECURE 2.0 Headed for Enactment](https://davisbacon.org/blog/secure-2-0-headed-for-enactment.php/) - While it came down to the wire, both the House and Senate have now approved the much-anticipated SECURE 2.0 Act of 2022 as part of the mammoth $1.7 trillion omnibus spending bill. For months, it was anticipated that Congress would attach a final SECURE 2.0 package to a year-end spending bill, but that wasn’t confirmed
- [Simplifying the Retirement Planning Message](https://davisbacon.org/blog/simplifying-the-retirement-planning-message.php/) - As inevitable as retirement is, why is properly preparing for it so difficult? It could be that participants are preoccupied with other concerns. Most (70%) of the respondents to a recent Schroders retirement survey said they don’t have enough savings to add to a retirement plan, while others reported that they have other financial priorities (60%) or that the future is too uncertain to plan for (50%).
- [Record Increases Projected for 2023 Retirement Plan Limits](https://davisbacon.org/blog/record-increases-projected-for-2023-retirement-plan-limits.php/) - Announcement of the official limits is still a few months away, but early projections from Mercer suggest that nearly all qualified retirement plan limits will increase by unprecedented amounts next year. The 2023 limits will reflect increases in the Consumer Price Index for All Urban Consumers (CPI-U) from the third quarter of 2021 to the
- [Why Choose a Davis Bacon Pension Plan from Davis-Bacon Pension Plans, Inc.?](https://davisbacon.org/blog/why-choose-a-davis-bacon-pension-plan-from-davis-bacon-pension-plans-inc.php/) - At Davis-Bacon Pension Plans, Inc. we specialize in helping you access the most affordable Davis Bacon Pension Plan options on the market.
- [What are Prevailing Wage Pension Plans?](https://davisbacon.org/blog/what-are-prevailing-wage-pension-plans.php/) - To learn more about prevailing wage pension plans, get in touch with us at Davis-Bacon Pension Plans, Inc.
- [Paying Fringe Benefits in Cash vs. in a Benefit Plan](https://davisbacon.org/blog/paying-fringe-benefits-in-cash-vs-in-a-benefit-plan.php/) - The Davis Bacon Act was put into law requiring companies that perform work on federally-funded jobs to pay all employees working on the job a prevailing wage. The prevailing wage is paid as a per-hour wage and a per-hour cash equivalent value of benefits.
- [How Do Employers Benefit from Prevailing Wage Pension Plans?](https://davisbacon.org/blog/how-do-employers-benefit-from-prevailing-wage-pension-plans.php/) - The Davis-Bacon Act is a federal prevailing wage law. It is governed by the Department of Labor and is applied to both contractors and subcontractors who perform work on various government projects. There are specifics in terms of this act, as these projects must be in excess of $2,000 for all of the construction, repair,
- [Why Your Business Needs a Davis Bacon Pension Plan](https://davisbacon.org/blog/why-your-business-needs-a-davis-bacon-pension-plan.php/) - Learn how our pension plans can skyrocket your business to success, call us at (425) 889-8855 today.
- [How Do Prevailing Wage Pension Plans Help Businesses?](https://davisbacon.org/blog/how-do-prevailing-wage-pension-plans-help-businesses-2.php/) - We’ve helped countless business owners generate maximum profit at the lowest cost to employees and to their bottom line. Contact our office today for more information at (425) 889-8855.
- [Using a Davis Bacon Pension Plan in a COVID-19 World](https://davisbacon.org/blog/using-a-davis-bacon-pension-plan-in-a-covid-19-world.php/) - If you're searching for ways to improve your business in a COVID-19 world, it's time to contact our office at (425) 889-8855.
- [Can Davis Bacon Pension Plans Help My Business Win More Contracts?](https://davisbacon.org/blog/can-davis-bacon-pension-plans-help-my-business-win-more-contracts.php/) - If you want to make your business more competitive, it's time to contact our team at Davis-Bacon Pension Plans, Inc. Contact our office at (425) 889-8855.
- [Davis Bacon Pension Plans: Helping Your Business and Your Staff](https://davisbacon.org/blog/davis-bacon-pension-plans-helping-your-business-and-your-staff.php/) - If you're a business owner that bids on government contracts, partner with a reliable Davis Bacon pension plan provider. Contact us at (425) 889-8855.
- [Why Classifying Workers Correctly is Critical on Davis Bacon Projects](https://davisbacon.org/blog/why-classifying-workers-correctly-is-critical-on-davis-bacon-projects.php/) - At Davis-Bacon, we help our clients access industry-leading Davis Bacon Pension Plans. Contact our team at (425) 889-8855 if you have any questions about this unique pension plan.
- [How Do Prevailing Wage Pension Plans Help Businesses?](https://davisbacon.org/blog/how-do-prevailing-wage-pension-plans-help-businesses.php/) - If you're ready to explore this cost-saving method in more detail, contact us today at (425)889-8855.
- [Three Davis Bacon Pension Plan Facts to Keep in Mind](https://davisbacon.org/blog/three-davis-bacon-pension-plan-facts-to-keep-in-mind.php/) - At Davis-Bacon, we help our clients use pension plans to increase their profitability. If you'd like to discuss our services, contact us at (425)889-8855.
- [Benefits of Davis Bacon Pension Plan](https://davisbacon.org/blog/benefits-of-davis-bacon-pension-plan.php/) - To speak to us about our pension plans, contact us at (425)889-8855.
- [White House Plan Would Mean Billion Dollar Tax Hike for Contractors](https://davisbacon.org/blog/white-house-plan-mean-billion-dollar-tax-hike-contractors.php/) - President Obama recently unveiled a White House corporate tax reform proposal. In response to said proposal, the Associated Builders and Contractors
- [Flake Proposes TIRE Act to Suspend David-Bacon on Highway Projects](https://davisbacon.org/blog/flake-proposes-tire-act-to-suspend-david-bacon-on-highway-projects.php/) - Earlier this year in January Senator Jeff Flake of Arizona proposed the Transportation Investment Recalibration to Equality (TIRE) Act. The Act proposal comes
- [Davis Bacon Pension Plans Save Companies Money - Davis Bacon Pension Plans, Inc.](https://davisbacon.org/blog/davis-bacon-pension-plans-save-companies-money-davis-bacon-pension-plans-inc.php/) - The Davis-Bacon Act is a law that requires the payment of a prevailing wage to all laborers on construction/improvement jobs for government property.
- [Bacon Make Construction Better - Davis Bacon That is](https://davisbacon.org/blog/bacon-make-construction-better-davis-bacon-that-is.php/) - In recent years past, there has been some controversy over Davis Bacon prevailing wage laws and whether they are outdated and should be dissolved. Some believe Davis Bacon is too expensive and no longer relevant in today’s workforce.
- [Union-Made in America Easter Treats - Davis Bacon Pension Plans, Inc.](https://davisbacon.org/blog/union-made-in-america-easter-treats-davis-bacon-pension-plans-inc.php/) - If you’re looking for a “made in America” treat this Easter, we have some good news for you. There are a lot of options for the Easter Basket and the Easter
- [The Benefits of Workforce Reporting - Davis Bacon Pension Plans, Inc.](https://davisbacon.org/blog/the-benefits-of-workforce-reporting-davis-bacon-pension-plans-inc.php/) - Davis Bacon Laws require a certain amount of reporting and tracking. While it may seem like extra work or a nuisance there is actually a lot of benefit to reporting workforce data on prevailing wage jobs.
- [Davis-Bacon Facts that are Important for Every Contractor to Know](https://davisbacon.org/blog/davis-bacon-facts-that-are-important-for-every-contractor-to-know.php/) - When people hear the words Davis Bacon, they usually think prevailing wage and government jobs. Sometimes it is used to refer to all prevailing wage jobs, but Davis Bacon is actually just one piece of prevailing wage legislation.
- [What is Certified Payroll?](https://davisbacon.org/blog/what-is-certified-payroll.php/) - Construction and other labor jobs performed on government property and payed for by the government have set special requirements. One of those requirements is certified payroll.
- [What Determines Davis Bacon Wages?](https://davisbacon.org/blog/what-determines-davis-bacon-wages.php/) - Davis Bacon wages as well as fringe benefits are determined by a listing of classifications for mechanics and laborers that are determined to be prevailing in a certain area for a certain type of construction.
- ["Quickie Election" Rule Issued by NLRB](https://davisbacon.org/blog/quickie-election-rule-issued-by-nlrb.php/) - A final rule has been issued by the National Labor Relations Board (NLRB). The rules revises union representation case procedures to the advantage of unions.
- [The Five Things You May Not Know About Davis Bacon That'll Surprise Ya!](https://davisbacon.org/blog/the-five-things-you-may-not-know-about-davis-bacon-thatll-surprise-ya.php/) - Chances are that if you’ve ever worked on a project funded by the federal government, you’ve had to work within the guidelines of the Davis-Bacon Act.
- [Distinguishing DBA and DBRA](https://davisbacon.org/blog/distinguishing-dba-and-dbra.php/) - Distinguishing DBA and DBRA Are you having trouble distinguishing between the Davis Bacon Act and Davis Bacon Related Acts?
- [Benefit Now by Setting up A Retirement Plan](https://davisbacon.org/blog/benefit-now-by-setting-up-a-retirement-plan.php/) - Benefit Now by Setting up A Retirement Plan. You and your employees can be secure in retirement with the right retirement plan.
- [Davis Bacon Wage Rates](https://davisbacon.org/blog/davis-bacon-wage-rates.php/) - It is the listing of wage rates and fringe benefit rates for each classification of mechanics and laborers for which the Department of Labor has determined to be prevailing in a given area for a certain kind of construction.
- [Davis Bacon Labor Standards](https://davisbacon.org/blog/davis-bacon-labor-standards.php/) - When Community Development Block Grant (CDBG) funds finance any construction work whether in part or in entirety, that construction work is subject to Davis Bacon Labor Standards and the Related Acts.
- [View Your Construction Business Like an Auditor](https://davisbacon.org/blog/view-your-construction-business-like-an-auditor.php/) - Don’t let an auditor come along and “deconstruct” your construction business! Take a moment to look at your business through the eyes of an auditor and save yourself some heartache.
- [Are Truck Drivers Covered Under the Davis Bacon Related Acts?](https://davisbacon.org/blog/are-truck-drivers-covered-under-the-davis-bacon-related-acts.php/) - Are you wondering about when truck drivers are or are not covered by the Davis Bacon Related Acts (DBRA)? If so, read on for precise circumstances when the DBRA covers truck drivers and when the DBRA does not.
- [Repeal Prevailing Wage Laws? It would Cost States More Money](https://davisbacon.org/blog/repeal-prevailing-wage-laws-it-would-cost-states-more-money.php/) - Hand with money isolated on white backgroundNot long ago, Wisconsin proposed repealing its prevailing wage law, hoping to save money. Actually, however, this
- [Certified Payroll - Davis Bacon, Inc](https://davisbacon.org/blog/certified-payroll-davis-bacon-inc.php/) - Each week, every federal contractor or subcontractor has to provide the federal agency with a copy of all payrolls for any work done on federal or federally-aided construction type contracts and subcontracts.
- [The Davis Bacon and Related Acts](https://davisbacon.org/blog/the-davis-bacon-and-related-acts.php/) - The Davis-Bacon Act is generally known as the law requiring contractors and subcontractors working on federally funded projects valued at more than $2,000 to pay workers the prevailing wage for work done.
- [Davis Bacon Act Questions About Compliance](https://davisbacon.org/blog/davis-bacon-act-questions-about-compliance.php/) - Service Contract Act and Davis Bacon Act Questions About Compliance: Hourly Wages Edition Construction industry and commercial real estate business investment with a yellow builder hard hat and a high rise structure being built as a symbol of economic and financial growth and healthy economy.
- [Should Contractors Be Required to Cover Employee Lodging?](https://davisbacon.org/blog/contractors-required-cover-employee-lodging.php/) - In June of 2015 ARB announced a rule that is an important development for contractors working on Davis-Bacon projects: when contractors use employees who must travel away from their homes and live near the job site, the Davis-Bacon Act requires that contractor pay for their housing.
- [Davis-Bacon Pension Plans](https://davisbacon.org/blog/davis-bacon-pension-plans.php/) - Since 1988, we have been giving open-shop contractors a competitive edge when bidding on Davis-Bacon, Prevailing Wage or Service Contract jobs.
- [Retirement - Why Your Future Self Will Thank You](https://davisbacon.org/blog/retirement-why-your-future-self-will-thank-you.php/) - While we all want to believe we are invincible, unfortunately, that’s not the case. Looking back we can all remember the first time we received our first check from what we called our “big kid job” and the amazed look on our faces that seemed to come with it.
- [Why a Pension Plan is a Good Investment](https://davisbacon.org/blog/why-a-pension-plan-is-a-good-investment.php/) - When we hear things like “Pension Plans,” “401K” or “Retirement” we often shut down and simply stop thinking about the options that are available to us simply because we aren’t fully aware of what these plans entail and have to offer.
- [Department of Labor Establishes Paid Sick Leave for Federal Contractors](https://davisbacon.org/blog/department-of-labor-establishes-paid-sick-leave-for-federal-contractors.php/) - On the last day of September, the United States Department of Labor issued and released the Final Rule Establishing Paid Sick Leave for Federal Contractors.
- [Why it is Important to Understand the Davis-Bacon Act](https://davisbacon.org/blog/why-it-is-important-to-understand-the-davis-bacon-act.php/) - Under the Davis-Bacon Law, contractors and subcontractors on federal jobs with a total estimate of over $100,000 are required to pay employees working on the job overtime benefits. The overtime rate under the law is one and a half times ( time and a half) the hourly prevailing rate.
- [What is ERISA- Fidelity Bonds - Davis Bacon Pension Plans, Inc.](https://davisbacon.org/blog/what-is-erisa-fidelity-bonds-davis-bacon-pension-plans-inc.php/) - The Employee Retirement Income Security Act or ERISA was established in 1974 to regulate many types of employee benefit plans.
- [Minimum Wage Vs. Prevailing Wage](https://davisbacon.org/blog/minimum-wage-vs-prevailing-wage.php/) - What is the difference between prevailing wage, minimum wage and living wage? Many people use one of the three terms when discussing wages and salaries but they are all different.
- [Are Green Jobs Eligible for Davis Bacon Act and Prevailing Wages?](https://davisbacon.org/blog/are-green-jobs-eligible-for-davis-bacon-act-and-prevailing-wages.php/) - In the last few years green jobs have been on the rise. Even the government has been trying to get involved with stimulus funds to encourage the building of a green economy across America.
- [What Determines Prevailing Wages](https://davisbacon.org/blog/what-determines-prevailing-wages.php/) - When construction, alteration, repair, or improvement work is performed on government property the laborers performing that work must be paid a prevailing wage as stated in laws to protect workers and ensure the best quality of work is being performed.
- [Why Davis Bacon is Important - Doesn't It Just Cost More?](https://davisbacon.org/blog/why-davis-bacon-is-important-doesnt-it-just-cost-more.php/) - The Davis-Bacon Act is a law probably better known as the prevailing wage law. This law preserves local area wages and labor standards where contracts for federal construction work are concerned.
- [Paul Ryan Speaks Out Against DOL Fiduciary Rule - Davis Bacon Pension Plans, Inc.](https://davisbacon.org/blog/paul-ryan-speaks-out-against-dol-fiduciary-rule-davis-bacon-pension-plans-inc.php/) - The new Labor Department proposal to raise investment advice standards for retirement accounts has caused quite the heated debate with shots being fired from both sides of D.C.’s Pennsylvania Avenue.
- [Bill Has Been Made to Increase Competition on Federal Contracts](https://davisbacon.org/blog/bill-has-been-made-to-increase-competition-on-federal-contracts.php/) - There is a new bill introduced by Representative Mulvaney , a Republican from S.C., that will increase fair and open competition on federal and federally funded construction projects.
- [FAQ](https://davisbacon.org/blog/faq.php/) - Davis Bacon Act Fact Sheet Following is a Davis Bacon fact sheet of frequently asked questions for contractors and lay persons alike.
- [Federal Contractors Must Disclose Annual Compensation Data](https://davisbacon.org/blog/federal-contractors-must-disclose-annual-compensation-data.php/) - The U.S. Department of Labor Office of Federal Contract Compliance Programs (OFCCP) announced on August 6, 2014 another obligation for federal contractors and subcontractors.
- [Highway Workers Protected by the Partnering of AGC, OSHA, and NIOSH](https://davisbacon.org/blog/highway-workers-protected-by-the-partnering-of-agc-osha-and-niosh.php/) - The Associated General Contractors of America (AGC), the Occupational Safety and Health Administration (OSHA) and the National Institute for Occupational Safety and Health(NIOSH) have signed and alliance, entering into a collaborative relationship to protect workers in highway work zones.
- [Decision Against Davis Bacon Expansion is Celebrated by ABC](https://davisbacon.org/blog/decision-against-davis-bacon-expansion-is-celebrated-by-abc.php/) - An important decision was made by a U.S. District Court for the District of Columbia that limits the scope of the Davis Bacons Act and because of this, the Associated Builders and Contractors are celebrating.
- [Are Military Base Facilities Facing Closure Due to Obama Pay Hikes for Federal Contractors?](https://davisbacon.org/blog/are-military-base-facilities-facing-closure-due-to-obama-pay-hikes-for-federal-contractors.php/) - There are three separate Obama administration moves to increase pay of federal contractors that House Republicans are saying will threaten to close services that support military bases such as fast food restaurants, gyms and daycares.
- [New Laws for Hiring](https://davisbacon.org/blog/new-laws-for-hiring.php/) - Recently new Labor Department regulations went into effect requiring federal contractors to begin hiring a minimum number of protected veterans and disabled workers.
- [Can Workers Identify Ergonomic Risks with the Help of Training?](https://davisbacon.org/blog/can-workers-identify-ergonomic-risks-with-the-help-of-training.php/) - Although there have always been many companies that offer their workers ergonomics training to help them identify risk factors that present opportunity for injury, only recently has a study been done to show if such training is actually of any help.
- [Controversial "Employee Rights" Poster Rule Abandoned by NLRB](https://davisbacon.org/blog/controversial-employee-rights-poster-rule-abandoned-by-nlrb.php/) - A rule that would have required employers to display a poster in their workplace that contained a biased and incomplete list of employee rights under the National Labor Relations Act has been abandoned.
- [Construction Industry Adds Jobs in November](https://davisbacon.org/blog/construction-industry-adds-jobs-in-november.php/) - Nearly 17,000 new jobs have been added by the construction industry in November 2013 making the sector’s employment level reach the highest it’s been since August of 2009.
- [Forbidden Territory: The Back Door Public Construction Bid/Negotiation](https://davisbacon.org/blog/forbidden-territory-the-back-door-public-construction-bid-negotiation.php/) - Negotiating bids for public construction is generally frowned upon. The projects should be awarded to the responsible bidder with the lowest responsive bid. However sometimes the public agency awarding the project experiences budget woes resulting in negotiating before OR after awarding a project.
- [Affordable Care Act: Here We Go! Are Your Ducks in a Row?](https://davisbacon.org/blog/affordable-care-act-go-ducks-row.php/) - Nearing the end of 2013, we’ve seen tons of regulations, public comments, changes and an insane amount of political posturing. It’s enough to make your head spin and it’s no wonder the country is in a tizzy.
- [Companies Who Help Employees Prepare for Retirement Help Themselves](https://davisbacon.org/blog/companies-help-employees-prepare-retirement-help.php/) - A good and caring employer is often frustrated when they see their employees failing to save for retirement and therefore put their futures as well that of their families’ in jeopardy.
- [Obamacare Delay](https://davisbacon.org/blog/obamacare-delay.php/) - Delays to the implementation of Obamacare continue. Apparently, more time is needed to implement the employer mandate. The mandate requires that any employer with more than fifty employees needs to provide health insurance or pay a federal tax.
- [Glossary of Terms](https://davisbacon.org/blog/glossary-of-terms.php/) - This act of 1931 is United States federal law that establishes the requirement for paying the local prevailing wages on public works projects for laborers and mechanics.
- [Simplifying Pension Plans - Davis Bacon Pension Plans, Inc.](https://davisbacon.org/blog/simplifying-pension-plans-davis-bacon-pension-plans-inc.php/) - Retirement is something that often can be miss-understood and can bring dozens of questions along with it. While we may think asking, “What is a pension plan?”
- [Many Awaiting Trump's Announcement on Davis Bacon - Davis Bacon Pension Plans, Inc.](https://davisbacon.org/blog/many-awaiting-trumps-announcement-on-davis-bacon-davis-bacon-pension-plans-inc.php/) - On April 5, 2017 President Donald Trump stated in an interview with the New York Times that he would soon be making an announcement concerning the Davis-Bacon Act.
- [What is a Certified Payroll?](https://davisbacon.org/blog/what-is-a-certified-payroll.php/) - If you work as a contractor for government projects then you are going to get paid a little differently than normal wage workers because of a little thing

## Pages

- [Davis-Bacon](https://davisbacon.org/) - Davis Bacon Pension Plans, Inc. Founded in 1988, we are the oldest Prevailing Wage Pension Plan Administrator on the street under the same management and ownership. Our mission has always been to give open-shop contractors a competitive edge when bidding on Davis-Bacon, Prevailing Wage or Service Contract jobs.
- [Contact Us](https://davisbacon.org/contact.php) - Davis Bacon Pension Plans, Inc. Founded in 1988, we are the oldest Prevailing Wage Pension Plan Administrator on the street under the same management and ownership. Our mission has always been to give open-shop contractors a competitive edge when bidding on Davis-Bacon, Prevailing Wage or Service Contract jobs.
- [Faq's](https://davisbacon.org/faqs.php) - Davis Bacon Pension Plans, Inc. - Frequently Asked Questions.
- [faqtest](https://davisbacon.org/faqtest.php)
- [blog](https://davisbacon.org/blog.php)
- [sitemap](https://davisbacon.org/sitemap.php)
- [Privacy Policy](https://davisbacon.org/privacy-policy.php) - Introduction This Privacy Policy demonstrates the commitment of Davis Bacon to protecting visitor privacy and sets forth Davis Bacon information and collection management practices. The site is for informational purposes only and does not provide legal advice. Materials on this website are published to provide visitors with free information. However, this website is not designed
- [Calculate Savings](https://davisbacon.org/calculate-savings.php) - Davis Bacon Pension Plans, Inc. Founded in 1988, we are the oldest Prevailing Wage Pension Plan Administrator on the street under the same management and ownership. Our mission has always been to give open-shop contractors a competitive edge when bidding on Davis-Bacon, Prevailing Wage or Service Contract jobs.
- [Prevailing Wage Plan](https://davisbacon.org/prevailing-wage-plan.php) - If you are an open-shop contractor working on Federal or State public projects, you are required to pay out 100% of the local Prevailing Wage rate.
- [Resources](https://davisbacon.org/links.php) - Davis Bacon Pension Plans, Inc. Founded in 1988, we are the oldest Prevailing Wage Pension Plan Administrator on the street under the same management and ownership. Our mission has always been to give open-shop contractors a competitive edge when bidding on Davis-Bacon, Prevailing Wage or Service Contract jobs.
- [Services Offered](https://davisbacon.org/offer_services_offered.php) - Services Offored - 401k plan, ER match plan, profit sharing plan, comparability plans, safe harbor 401k, safe harborsame management and ownership. Our mission has always been to give open-shop contractors a competitive edge when bidding on Davis-Bacon, Prevailing Wage or Service Contract jobs.
- [Our Qualified Plans](https://davisbacon.org/our-qualified-plans.php) - Qualified Plans 401k Plan - A qualified plan established by employers where eligible employees may make elective deferral's (salary reduction) contributions on a post-tax and/or pre-tax basis. ER Match Plan - An employer contribution that may match the employee's elective deferral (salary reduction) contribution up to a certain dollar amount or percentage of compensation. Profit Sharing Plan -
- [Employee Prevailing Wage Plan Benefits](https://davisbacon.org/participants.php) - Davis Bacon Pension Plans, Inc. Founded in 1988, we are the oldest Prevailing Wage Pension Plan Administrator on the street under the same management and ownership. Our mission has always been to give open-shop contractors a competitive edge when bidding on Davis-Bacon, Prevailing Wage or Service Contract jobs.
- [How Much Can I Save?](https://davisbacon.org/calculate_savings.php) - If you are an open-shop contractor working on State, City, Federal, or Service Contract Prevailing Wage jobs we have a bona fide, Department of Labor and Internal Revenue Service qualified plan that will help you significantly lower your labor burden costs, including payroll taxes, Workers Compensation premiums and general liability premiums. Use the calculator below
- [CPAs](https://davisbacon.org/cpas.php) - More than just another service provider Tax Ins and Outs Accounting is critical and takes shape as an art form when it comes to this field. Retirement plans are useful when formulating a strategy, and we can help with: Partnering to add value for your client Solid and steady communication Bringing forth minimum and maximum
- [Financial Advisors](https://davisbacon.org/financial-advisors.php) - More than just another service provider Growth Do you need help closing plans and capturing rollovers? We are here to help with: Turning propositions into prospects Building up credibility and trust with your various prospects Working with plan sponsors for answers to questions Reviewing plan documents. Profit Maximization It is essential that you are able
- [Thank You](https://davisbacon.org/thank-you.php) - Thank You
- [Advisors](https://davisbacon.org/advisors.php) - More than just another service provider Financial Advisors There could be several reasons that you would seek help. You might be looking for ways to make a current plan work better, or there could be a client that wants to know all of the options available for their business. We are here to provide you
- ["Personal Service, Not Expensive Service"](https://davisbacon.org/plan_comparison.php) - At Davis-Bacon Pension Plans, Inc. we have removed all of the hidden and unnecessary fees charged by other Administrators.

## Slider

- [Welcome to Davis-Bacon  Pension Plans, Inc](https://davisbacon.org/blog/slider/welcome-to-davis-bacon-pension-plans-inc/) - Since 1988, we have been giving open-shop contractors a competitive edge when bidding on Davis-Bacon, Prevailing Wage or Service Contract jobs.

## FAQ

- [Who Participates In The Plan?](https://davisbacon.org/blog/faq/who-participates-in-the-plan/) - All employees working on public projects.
- [What Type Of Plan Is The Davis-Bacon Pension Plan & Trust?](https://davisbacon.org/blog/faq/what-type-of-plan-is-the-davis-bacon-pension-plan-trust/) - It is a Defined Contribution Plan.
- [What Is The Davis-Bacon Pension Plan & Trust?](https://davisbacon.org/blog/faq/what-is-the-davis-bacon-pension-plan-trust/) - It is an IRS Approved Retirement Program designed specifically for open shop contractors who work on Davis-Bacon, State Prevailing Wage Jobs or Service Contracts.
- [What Is The Davis-Bacon Act?](https://davisbacon.org/blog/faq/demo/) - The Davis-Bacon Act of 1931 requires any contractor or subcontractor performing work on a federal government construction contract or federally assisted construction contract over $2,000, to pay their workers on-site not less than the local prevailing wages and fringe benefits paid on similar projects as determined by the Secretary of Labor. The act named after
- [What Is A Service Contract?](https://davisbacon.org/blog/faq/what-is-a-service-contract/) - The McNamara-O’Hara Service Contract Act (SCA) applies to every contract entered into by the United States or the District of Columbia, the principal purpose of which is to furnish services through the use of service employees. The SCA requires contractors and subcontractors performing services on covered federal contracts in excess of $2,500 to pay service
- [What Are The Benefits Of Adopting The Davis-Bacon Pension Plan & Trust?](https://davisbacon.org/blog/faq/what-are-the-benefits-of-adopting-the-davis-bacon-pension-plan-trust/) - The Plan reduces payroll taxes (FICA, FUTA, SUTA) and General liability insurance premiums, which increases company profits, allowing you to bid more competitively.
- [What Are Fringe Benefits?](https://davisbacon.org/blog/faq/what-are-fringe-benefits/) - Part of the wage package that includes benefits paid by the employer for the benefit of the employee. Including but not limited to Pension, Health, Dental, Apprenticeship Training and Supplemental Unemployment.
- [What Is A Prevailing Wage?](https://davisbacon.org/blog/faq/what-is-a-prevailing-wage/) - The hourly wage established by the Department of Labor that is paid to employees working on Federal and State public works projects.
- [What Is A Little Davis-Bacon Job?](https://davisbacon.org/blog/faq/what-is-a-little-davis-bacon-job/) - Several States have their own rules for paying prevailing wages for State contracted public works projects these are known as “Little Davis-Bacon” jobs. The bid spec provided by the awarding agency will represent which wages and rules you will follow whether you are Federally contracted in a Davis-Bacon job or a State contracted Little Davis-Bacon

## Categories

- [Uncategorized](https://davisbacon.org/blog/category/uncategorized/)
- [Contractors](https://davisbacon.org/blog/category/contractors/)
- [Government](https://davisbacon.org/blog/category/government/)
- [Industry](https://davisbacon.org/blog/category/industry/)
- [Latest News](https://davisbacon.org/blog/category/latest-news/)

## Tags

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