Chicagoland AGC invites members to join us and 11 other AGC Chapters throughout the country in partnering with the Diagrid Group team to manage our 401(k) plan. In 15+ years of partnership with AGC of America, over 120 member companies (20,000+ employees), have their 401(k) plan with Diagrid Group. Members are encouraged to join our Pooled Employer Plan and access high quality services with a plan that legally protects your company more than any other SEP.

Created by the SECURE Act in 2020, PEPs expand access to retirement plans for all workers by allowing employers from unrelated industries to join a pooled plan arrangement. Benefits to the adopting employers include increased administrative efficiencies, reduced fiduciary risk, and potential cost savings.

HOW IT WORKS:

• The PEP sponsor is known as the pooled plan provider (PPP) and generally serves as the plan administrator and fiduciary
• "Adopting employers" elect to join the PEP
• These plans are defined contribution (DC) plans
• At any time, adopting employers are easily integrated into the plan hosted by the sponsor (CAGC) and tracked on the Transamerica platform