The Government Contractors Savings Plan is uniquely designed for companies working on projects that are subject to the federal Davis-Bacon Act, state Prevailing Wage laws, and companies working on projects covered under the federal Service Contract Act or local Living Wage laws.

The pension plan was designed to only accept employers' contributions for hourly employees on covered projects. The 401(k) plan was also designed to accept employer contributions for hourly employees on covered projects. However, this plan allows for salaried, management and highly compensated employees to participate as well. By contributing the prevailing wage fringe benefit payments into this plan for the non-highly compensated employees (hourly), the owners and other highly compensated employees are able to contribute at higher levels.