403(b) Plan Administration for Schools and Nonprofits

At Benefits² Administrators, we provide full-service administration for 403(b) plans tailored to the needs of public schools, nonprofit organizations, and religious institutions.

Our team ensures that your plan remains compliant with complex IRS regulations while helping you and your employees make the most of available tax advantages.

From plan design to annual testing and Form 5500 preparation, we deliver proactive, responsive service so you can focus on your mission—not retirement plan paperwork.

Learn More About 403(B) Plans

Who Can Sponsor a 403(b) Plan?

Public schools (K-12, colleges, universities)
Nonprofit organizations (501(c)(3))
Certain ministers and religious institutions

How a 403(b) Plan Works

403(b) plans operate similarly to 401(k) plans, offering employees the ability to defer income into a retirement account. These plans can include employer contributions.

Types of Contributions

Employee elective deferrals (pre-tax or Roth)
Employer matching contributions
Employer discretionary contributions
Catch-up contributions for employees age 50+ and those with 15 years of service with the organization

Advantages

Tailored for public and nonprofit employers
Higher contribution potential with 15-year catch-up
Tax-deferred or Roth savings
May qualify for SECURE 2.0 startup credits

Ready to Learn More?

Our team understands the unique rules and compliance needs of 403(b) plans. Contact us to ensure your plan is efficient, compliant, and well-supported.