Davis-Bacon/State Prevailing Wage Statute Plan

[Guest Edward McElroy]

I'm drafting my first plan subject to Davis-Bacon and state prevailing wage statutes. The plan will be a profit sharing plan, but a portion of each partcipant's prevailing wage will be contributed to the plan. Does anyone have a sample contribution allocation formula that I could look at? Thanks. Ed

[Guest pensiondoc]

I just finished my first DBRA plan a couple of months ago. I highly recommend a firm in New Yotk City by the name of ACCUDRAFT. Reasonable, and you can either buy their software or use their "occasional user package."

Their software is basically an "add-in" to Microsoft Word or Word Perfect. Contact Ralph Paladino, 800-PLANDOC. Comparable to Corbel w/o the hype or price.

Also Barry Kublin did an excellent presentation at ASPA 1996 consultants conference on the DBRA. 315- 735-8322 x 224.

Steve