A Smarter Health & Retirement Strategy for Construction Employers AGC Construction Benefits Initiative
Construction employers need benefits strategies that work as hard as they do.
The AGC Construction Benefits Initiative brings together innovative health plan funding and modern retirement solutions designed specifically for the unique needs of the construction industry.
The Construction Benefits Challenge
Rising Healthcare Costs
Unpredictable
Renewals
Fiduciary Risk
Workforce Shortages
Traditional benefits models often fall short, creating volatility, administrative burden, and unnecessary risk.
Built for stability. Built for construction.
AGC Construction Benefits Initiative
Two Critical Pillars. One Integrated Strategy.
Health Plan Strategy
Retirement Strategy
Why Health + Retirement Together
Integrating health and retirement into a connected, construction-focused strategy delivers stronger outcomes for your business and workforce.
- Attract & Retain Top Talent.
- Mitigate Financial Risk.
- Build a Stronger Brand.
AGC Ohio Health Plan FAQs
Q: What is the AGC of Ohio Partner Plan?
The AGC Ohio Health Plan is a level-funded or self-funded health insurance solution designed specifically for construction companies. It pools AGC member firms into a larger program, offering the stability and purchasing power typically reserved for large employers.
Q: What are the key benefits of participating in the plan?
- Renewal stability with annual rate caps
- No new lasers in perpetuity on stop-loss coverage
- Guaranteed renewability on every contract
- Transparent pricing set by independent actuaries
- Flexibility to keep your current plan design, TPA, and carrier network
- Consolidated billing and access to full claims and financial data
- Proven performance with 94%+ member retention
What is level funding and how does it work?
Level funding combines the predictability of a fully insured plan with the cost-saving potential of self-insurance. Employers pay a fixed monthly premium that covers:
- Administrative fees
- TPA services
- Stop-loss insurance
At year-end, if claims are lower than projected, employers may receive a 100% surplus refund. If claims exceed expectations, stop-loss coverage protects the employer. Even if you do not renew.
Q: What is self-funding and how is it different?
In a self-funded arrangement, the employer pays for medical claims directly as they occur. Fixed costs include admin fees and stop-loss premiums, while variable costs depend on actual claims. This model offers:
- Maximum flexibility in plan design
- Long-term cost control
- Full transparency into claims data
Q: What data is needed to receive a quote?
To begin underwriting, please submit:
- Dependent-level census
- Plan designs or SBCs
- Current and renewal rates
- Disclosure form (required if no claims data or <200 enrolled)
Additional data (if available):
- Monthly enrollment and claims reports
- High-cost claimant report (12-month period)
Q: How long does it take to receive a quote?
- 7–10 business days with renewal and no claims
- 4–6 business days if disclosure form is included
Q: How does this plan address rising healthcare costs?
The AGC Ohio Health Plan tackles cost challenges through:
- Aggregated stop-loss purchasing power
- Transparent underwriting using Gradient AI
- Strategic consulting to manage pharmacy, specialty care, and plan design
Q: What support does Henderson Brothers provide as the exclusive broker of the AGC of Ohio Partner Plan?
Henderson Brothers offers:
- Strategic roadmap development tailored to your workforce
- Executive sponsorship and consulting
- Ongoing support for compliance, cost management, and employee engagement
Q: Can I keep my current carrier or network?
Yes. The self-funded plan allows you to retain your existing:
- TPA
- Carrier network (Aetna, CIGNA, Anthem, UHC)
- Plan design
Q: Who administers the level funded plan?
- Medical claims: Maritain Health (an Aetna company)
- Pharmacy benefits: CVS or TrueScripts
- Stop-loss coverage: Managed with no extra cost and no renewal surprises
AGC Insights
Fiduciary Risk in Construction 401k Plans: What Employers Must Address
Retirement plans can create significant fiduciary and administrative responsibilities for construction employers. Learn how modern retirement plan structures can reduce liability, streamline oversight, and strengthen long-term workforce retention.
Health Funding Stability in Construction: From Renewal Volatility to Financial Control
Rising healthcare costs don’t have to mean unpredictable renewals. Learn how alternative funding strategies can help construction employers gain greater cost transparency, improve budget stability, and take control of one of their largest business expenses.
Building a Unified Health and Retirement Strategy in Construction
Health and retirement benefits are most effective when they work together. Discover how an integrated benefits strategy can help construction employers reduce risk, improve financial predictability, and build a stronger, more competitive workforce.
Experience the Power of Partnership
Henderson Brothers is the exclusive broker and strategic partner for the AGC Ohio Partner Plan.
Strategic guidance. Ongoing support. Long-term partnership.
Steve Christensen
Employee Benefits Market Leader, Managing the EB Partner Plan | Henderson Brothers, Inc.
Email snchristensen@hendersonbrothers.com
Or call 614-300-7372
Patrick McCallister, aif®
Manager of Institutional Sales, Managing the ANKR 401k PEP | Henderson Brothers Financial Partners
Email prmccallister@hbfp1893.com
Or call 412‑754‑3175
Henderson Brothers Financial Partners, LLC is a wholly owned subsidiary of Henderson Brothers, Inc. All non-investment advisory services are offered through Henderson Brothers, Inc. Investment advisory services offered through Henderson Brothers Financial Partners LLC (“HBFP”), an SEC registered investment advisor, provided only with signed investment advisory agreement. Registration does not imply a certain level of skill or training. For more information about HBFP, or to receive a copy of disclosure Form ADV contact us or visit www.hbfp1893.com or https://adviserinfo.sec.gov/firm/summary/333732.
This material was created for educational and informational purposes only and is not intended as ERISA, tax, legal or investment advice. If you are seeking investment advice specific to your needs, such advice services must be obtained on your own, separate from this educational material.