Non-Profit Organizations

Our Retirement plan advisors working with nonprofits focus on tailored, tax-advantaged solutions such as 403(b) or 457 plans, which cater to unique tax codes and compliance needs.

Schedule A Review

Non-profit Organizations

These clients range from small to large, or multi-state nonprofit organizations.

Nonprofit Client Types

Foundations: Foundations, endowments, children’s homes, and retirement housing facilities.
Nonprofit Schools & Educational Institutions: Private schools, colleges, and universities, including both 501(c)(3) nonprofits.
Nonprofit Healthcare Entities: Hospitals, medical centers, clinics, and health and wellness organizations.

Retirement Plan Offerings for These Clients

ERISA 403(b) Plans: Used by most 501(c)(3) nonprofits (not churches) that are subject to ERISA regulations, requiring annual Form 5500 filing.
Non-ERISA 403(b) Plans: Used by churches and public schools to avoid ERISA compliance requirements.
401(k) Plans: Increasingly popular among larger nonprofits seeking more flexibility, despite 403(b) traditionally being the standard.
457(b) Plans: Used by some nonprofits to allow highly compensated employees to defer more income.
SIMPLE IRAs: Suitable for smaller non-profit organizations with fewer than 100 employees, offering low costs and reduced administrative burdens.

Key Services Provided

3(21) Fiduciary Advisor: Provides investment recommendations, but the sponsor retains final decision-making power.
3(38) Investment Manager: Assumes full discretion over investment selection and management, limiting the sponsor’s liability.