Davis Bacon

Welcome to Davis-Bacon Pension Plans, Inc.

Since 1988, we have been giving open-shop contractors a competitive edge when bidding on Davis-Bacon,Prevailing Wage or Service Contract jobs.l

04/30/2026

Form 5500 is a filing requirement for employee benefit plans, including defined contribution plans (such as 401(K) plans), under ERISA and Internal Revenue Code (IRC). It provides the U.S. Department of Labor (DOL) and IRS with important information about the operation, financial condition, and compliance of these plans. The purpose of Form 5500 is to ensure that plan sponsors meet reporting and disclosure requirements and allows DOL and IRS to monitor whether your plan is adhering to regulatory standards. Form 5500 is essential for maintaining compliance for your retirement plan. Give us a all for more information today!

https://bit.ly/4f09Tuy

For All Inquiries: ⠀⠀
📌PO Box 636,⠀
Snohomish, WA 98291⠀
☎️Call Us: (425) 889-8855⠀⠀
🖥www.DavisBacon.org

02/24/2026

Beginning January 1, 2026, SECURE 2.0 changes how certain catch-up contributions are handled. For participants age 50 and older whose prior-year F**A wages exceed the applicable threshold, catch-up contributions must now be made on a Roth basis. Although this update may appear administrative at first glance, it carries important compliance implications and can impact how defined contribution allocations are structured. Originally scheduled to take effect in 2024, the mandate was postponed to 2026 to provide additional time for implementation. Reach out to us for more information today!

https://bit.ly/4rBT9xq

For All Inquiries: ⠀⠀
📌PO Box 636,⠀
Snohomish, WA 98291⠀
☎️Call Us: (425) 889-8855⠀⠀
🖥www.DavisBacon.org

01/01/2026

Wishing you a year filled with joy, laughter, and success!

11/27/2025

We wish you a Happy Thanksgiving filled with good food, easy laughter, and moments with your loved ones that turn into lasting memories!

07/28/2025

The SECURE 2.0 Act of 2022 (SECURE 2.0) introduced major changes to 401(k) plans, especially for small businesses. Three major changes take effect for plan years beginning after December 31, 2024 (January 1, 2025 for a calendar-based plan). They relate to automatic enrollment, long-term part-time eligibility, and catch-up contributions. As a small business owner, it’s crucial to understand the changes to ensure your 401(k) plan is compliant. Give us a call for more information today!

https://bit.ly/4ofaR8M

For All Inquiries: ⠀⠀
📌PO Box 636,⠀
Snohomish, WA 98291⠀
☎️Call Us: (425) 889-8855⠀⠀
🖥www.DavisBacon.org

07/04/2025

Happy Independence Day From Davis Bacon!

05/23/2025

The SECURE 2.0 Act continues to reshape retirement savings in 2025, offering new opportunities for many to strengthen their financial future. Key updates include a higher required minimum distribution (RMD) age and expanded eligibility for 401(k) plans, making it easier for part-time workers to participate. Give us a call for more information today!

https://bit.ly/44Mfxvr

For All Inquiries: ⠀
📌PO Box 636,
Snohomish, WA 98291
☎️Call Us: (425) 889-8855⠀
🖥www.DavisBacon.org

03/20/2025

Associated Builders and Contractors released an analysis of 2024 state union membership data published by unionstats.com, which found that in 41 states at least 80% of workers in the private construction industry did not belong to a union. At least 90% of workers in the private construction industry did not belong to a union in 29 states in 2024 and 2023, up from 26 states in 2022 and 24 states in 2021. Nationwide, the U.S. Bureau of Labor Statistics reports that 7,978,000 construction industry workers were not members of a union in 2024, a 12,000-person increase from 7,966,000 workers in 2023. Overall, union membership decreased by 38,000 to 916,000. Contact us for more information today!

https://bit.ly/41CRSua

For All Inquiries: ⠀
📌PO Box 636,
Snohomish, WA 98291
☎️Call Us: (425) 889-8855⠀
🖥www.DavisBacon.org

12/25/2024

Wishing you a Merry Christmas and a Happy New Year from all of us at Davis Bacon Pension Plans! May this festive season fill your home with joy, your heart with love, and your life with laughter. Here’s to a wonderful 2025, filled with prosperity and success!

12/16/2024

WASHINGTON — The Internal Revenue Service announced that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024. Give us a call for more information about changes coming in 2025 today!

https://bit.ly/49EqVtE

For All Inquiries: ⠀
📌PO Box 636,
Snohomish, WA 98291
☎️Call Us: (425) 889-8855⠀
🖥www.DavisBacon.org

Address

PO Box 636
Snohomish, WA
98291

Website

https://davisbacon.org/

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