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Service
Employee Benefits
Defined Contribution (401 a) & Deferred Compensation (457 b) Service
Service Details
Participant
I want to access my account.
Plan Sponsor
I want to access my account.
Information Seeker
I want to learn more about the program.
Service Details
Benefits
DC offers competitive benefits that make it a better choice than standalone commercial offerings.
Pre-tax savings.
Any deferred earnings are not taxed until you receive them in retirement.
Tax credits.
You may qualify for a savings credit on your federal taxes.
Diversified Low-Cost Investment Choices.
22 mutual fund options (including target date funds) and a Stable Value Fund, all of which utilize some of the lowest cost share classes available in the investment industry.
Competitive Pricing.
GMA leverages defined benefit retirement fund assets to lower plan fees whenever possible to ensure that participants get to save more of what they earn.
Dedicated GMA Staff.
GMA employees are committed to educating plan participants through seminars and one-on-one meetings.
Easy Account Access.
Via on-line or through our dedicated client support 800- number.
Costs
GMA provides DC plans at no administrative cost to our cities. There is a quarterly administrative fee from each participating employee’s account at a rate of 15 basis points (100 basis points = 1 percentage point) and $16.
To learn more about our Defined Contribution program, call us today. You can reach out to Randy Briskin at (678) 686-6257 or Michelle Warner at (678) 686-6214. You may also call toll-free at (888) 488-4462.