New Multi-Employer 401(k) Plan, Sponsored by Print & Graphic Communications Association and Graphic Arts Association, Features Significant Reduction in Cost, Administration and Fiduciary Duties

Now more than ever, printing firms need to evaluate their expense structure to ensure they are receiving optimum value in return for their financial commitments.

That’s why Print & Graphic Communications Association and Graphic Arts Association have introduced our Printing & Graphic Industry 401(k) (PGI-401k) program. PGI-401k is a true Multiple Employer 401(k) Plan, providing a significant reduction in cost, administrative time, and fiduciary responsibilities. Many new and enhanced 401(k) plan features are being offered such as:

• No individual annual audit or 5500 form, regardless of company size
• Streamlined cost structure
• Reduced fiduciary liability
• Minimal plan maintenance
• Flexible plan features
• Customizable 401(k) plan design
• Online account management
• Participant education support
• Download PGI-401k Flyer

We have carefully evaluated the merits of offering a Multiple Employer Plan to our members and have selected Transamerica as our recordkeeping partner. Transamerica has over 80 years of experience as a retirement plan provider, servicing over 5 million 401(k) participants with $226 billion in assets. Also joining this program is PIA/GAA insurance partner, Gilroy Kernan & Gilroy. They are the association endorsed business insurance, worker’s compensation, and employee benefit partner. Other service providers will be announced.

A Multiple Employer Plan 401(k) program makes perfect sense, given today’s industry conditions and economic realities. A 401(k) plan is a necessity to attract and retain the best people but you need reduced costs and paperwork plus professional knowledge and support to make it work. That’s why the Printing & Graphics Industry 401(k) program is just what you are looking for.

Find out more at our upcoming PGI-401k webinar, scheduled for Thursday, August 13^th at 10:00 AM EST. No cost to attend.

We will be joined by Ross Kraft from Gilroy Kernan & Gilroy, and Linda Kurz, Transamerica’s Multiple Employer Plan practice leader.

Contact Tim Freeman at 716-691-3211 or via email at tim@printcommunications.org  should you have additional questions.