Blog

In the competitive landscape of construction contracting, every advantage counts. That’s why implementing the right retirement plan strategy is so important. We’re not just talking about compliance or ticking boxes; we’re talking about leveraging a deep understanding of prevailing wage laws to not only meet legal requirements but to use them as a strategic advantage...Read More

Thanks to SECURE 2.0, many 401(k) plans will now be required to include automatic enrollment beginning on January 1, 2025. Therefore, it is important to know the requirements and exceptions to this new rule. Let’s take a look! Who is exempt? If the company is a new business in its first three years of existence,...Read More

In the age of robots, AI, and automation, there’s something to be said for working with actual humans. Don’t get us wrong, we love the increased efficiencies that this technology affords us, but we also just LOVE our people. They are the heart and soul of EGPS, and we’re here to share more about them!...Read More

SIMPLE IRA plans are a popular retirement plan type for small businesses. These plans are generally cheaper to implement with little administration for the employer. But, they also lack flexibility and limit contributions that can be made to the plan. As a result, we often see employers move from a SIMPLE IRA plan to a...Read More

We’ve all heard (and maybe believed) some common myths – from ostriches bury their heads in the sand (they don’t!), to lightning doesn’t strike the same place twice (it does!), to gum takes seven years to digest if you swallow it (it doesn’t!). While these might seem like silly, commonly repeated fables, there are some...Read More