The world of 403(b) plans—ERISA, non-ERISA, single-vendor, multiple-vendor—can be complex. Choosing your 403(b) administrator should be easy. At Newport Group, we support tax-exempt organizations with complete administration of 403(b) plans while providing resources to employees that can help them reach their retirement
Whether you are currently active as the sponsor of your 403(b) plan and use a single provider, or have a less actively sponsored and multiple-vendor program, Newport Group can help you evaluate your options, comply with regulatory requirements, and satisfy your fiduciary obligations.
Our clients include non-profits, foundations, public universities and school districts and non-profit hospitals—and we have extensive experience working with clients with multiple vendor arrangements. We recognize the challenges inherent with these types of plans, and can ease many of the administrative burdens associated with them.