After an exhaustive search and due diligence, Gateway Chamber has partnered with Transamerica® and TAG Resources® to offer the Gateway Chamber Retirement Solution. TAG is Transamerica's largest Retirement Exchange 401K - and the largest 'end to end' 401(k) provider in the US.

Your 401(k) Plan is perhaps your biggest hidden compliance exposure.
75% of all plans audited by the DOL last year failed the audit resulting in over $5.6B in fines and penalties over the last 4 years.

The advantages of this program are:

1.You get more for your money. Because this is a multiple employer aggregation program, our members get pricing that is greatly discounted in many ways.

2. It removes fiduciary liability. In most cases the plan sponsor (probably you) is also the fiduciary and as such you incur a lot of liability with the IRS, the US Department of Labor and even your employees. Under our program, for all practical purposes, this fiduciary liability is moved from you to TAG Resources.

3. It removes the administrative burden. As you know, doing all the paper work of a 401(k) is a real burden. TAG Resources does this for our program.

4. It keeps people's money in their accounts. Our 401(k) program stresses the use of target date funds and index funds. The expense ratio for these investments is a fraction of the actively managed funds that are usually recommended by financial advisors. This means that more money stays in your employees pocket instead of going to a fund manager.

INSIDE VIEWS – March 2017
John Wisniewski is bad for business

Not long ago I was at a meeting of business leaders where Assemblyman John Wisniewski, candidate for governor, was the invited speaker. Mr. Wisniewski is an accomplished speaker and very lively. He's someone fun to listen to.

He spoke at length about his work on the Bridgegate investigation and his tenacity is to be commended. He was largely responsible for uncovering the role of the governor's office and senior Port Authority officials in the so-called traffic study that resulted in gridlock in Fort Lee.

It was a nice way to start his comments and it would have been a good idea for him to stop talking right then. What he went on to say was probably the most ill-conceived plan for New Jersey's economy I have ever heard from any government official at any level in New Jersey.

Mr. Wisniewski likes to style himself as a small business owner who really understands the challenges that small businesses face. In 2006, after being in the New Jersey Assembly for roughly 10 years, he did start a small law firm. In my experience, however, full-time politicians who start their own law firms do so to cash in on their political connections.

Copyright James Coyle 2016

"Identity theft has become the third certainty in life, right behind death and taxes."

– Adam Levin, Author of the book Swiped: What Identity Thieves Do and How to Stop Them, is a longtime advocate and identity fraud expert, former director of the New Jersey Division of Consumer Affairs, Chairman and Founder of IDT911, and Chairman and Co-founder of

  • Identity Management Services
  • Fraud & Credit Monitoring
  • Cyber Internet Surveillance
  • Document Replacement
Upcoming Events
Clark Chamber of Commerce Meeting February
8:30 AM, Feb 22, 2017
36 Valley Road, Clark, NJ, United States

Gateway Chamber
Rep. Leonard Lance - Peter Jacob - Oct. 27,2016 Debate

presented by Jim Coyle of the Gateway Chamber.
Event Spotlight


Venue: Newark Airport Marriott Hotel, 1 Hotel Road, Newark, NJ
Date: Feb 6, 2017, 6:00 PM (EST)
Wayne Zuhl
Realtor Associate, Hallmark Realtors
I've worked with Bill Angelo Jr. and have recommended him to others as well. He's very knowledgeable, competent and confident. HIGHLY RECOMMENDED!!!!
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135 Jefferson Ave. P.O. Box 300, Elizabeth, NJ - 07207-0300
(908) 352-0900