AGC San Diego Annual Report 2016 AGC San Diego Annual Report 2016 | Page 22

FRINGE
BENEFITS
AGC Fringe Benefits Programs are provided through three professionally
administered trust funds. Trustees are AGC members who have the
responsibility to oversee the administration and management of the funds.
The funds provide health and welfare, dental, vision, insurance, and pension
benefits that are customized to the San Diego construction industry. Benefits
are provided for both hourly and administrative employees, and comply with
California Prevailing Wage and Federal Davis Bacon requirements.
EMPLOYEE HEALTH &
WELFARE MEDICAL PLAN
During 2016, the AGC San Diego Chapter offered four programs under its Employee Medical
Plan. These programs range from basic to comprehensive coverage. The Employee Medical Plan
is designed to help employers attract and retain qualified employees. The Plan provides a wide
range of coverage, freedom of choice, cost savings, and meets California Prevailing Wage and
Federal Davis Bacon Requirements.
TRUSTEES
Mitchell L. Burch, Burch Construction
Nigel Cary, Cox Construction Co.
Dave Erickson, Erickson-Hall Construction Company
George Kvaas, Kvaas Management Company, Inc.
Douglas Ladderbush, Rocky Coast Builders, Inc.
John S. Myers, Soltek Pacific Construction Company
Kenneth Riha
CHAIRPERSON
C.E. WYLIE
1,435
Covered employees
& their families
BENEFITS PLUS PLAN
AGC San Diego Chapter’s Benefits Plus Plan offers a comprehensive menu of benefits tailored
to meet the needs of AGC Contractor and Affiliate members. The plan is also available to those
contractors whose prevailing wage work does not exceed 15% of their annual earnings. Five
different plans are offered: dental, vision, chiropractic, life, and dependent care coverage.
TRUSTEES
Bill Burke
Diana Clark
John S. Myers, Soltek Pacific Construction
Wayne Myers
866
CHAIRPERSON
KENNETH RIHA
Covered employees
& their families
EMPLOYEE PENSION PLAN
& 401(K) PLAN
AGC San Diego Chapter’s Employee Pension Plan offers a fully IRS-approved, bona fide master
pension plan that provides significant benefits for AGC Contractors and Affiliate firms. The plan
can be customized for hourly contributions that meet California Prevailing Wage and Federal Davis
Bacon requirements.
In 2003, the AGC Employee Pension Plan added a group, 401(k) Retirement Plan, designed
specifically to include prevailing-wage employer contributions. The plan provides AGC firms and
their employees outstanding flexibility.
TRUSTEES
Russ Baumgartner, Concrete Contractors Interstate
Brian Cox, Brian Cox Mechanical
Diane Koester-Byron, I.E. - Pacific, Inc.
Kenneth Riha
22
AGC SAN DIEGO
4,372
Covered
CHAIRPERSON
NIGEL CARY
Cox Construction
Co.
$101 Million
Total assets