AGC Houston and Louisiana AGC are pleased to announce that the joint chapters' sponsored 401(k) plan—representing 80 companies—has reached $185 million in assets.
In addition, the overall cost of the plan has been reduced significantly by an average of 10 percent as of April 15, 2016. All of the savings are being passed on to the employees in the plan.
"One of the reasons our plan is so successful is the expertise and hard work the AGC Southwest Chapters 401(k) Plan committee provides. With five CFOs, an HR manager and legal counsel, the committee provides unparalleled oversight and guidance," stated AGC Houston President/CEO Jerry Nevlud.
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