TYPES OF NON-PROFIT PLANS
There are three main types of retirement plan options for non-profits.
401(k) Plan
A 401(k) plan is a retirement plan that can be utilized by non-profits and for-profit organizations. It is a flexible plan type which make it a popular choice among nonprofits.
403(b) Plan
A 403(b) plan is available to non-governmental non-profit entities. This plan type is exempt from certain compliance testing and has fewer investment options than a 401(k).
NQDC Plan
A Non-Qualified Deferred Compensation (NQDC) plan can be added to a 401(k) or 403(b) plan in order to provide additional benefits to key employees. NQDC plans are popular with non-profit organizations due to their tax exempt status.
Comparison Chart
Compare the differences between a 401(k) Plan and a 403(b) Plan.
DOWNLOADABLE GUIDE
Non-Profit Plan Selection Guide
Use this guide to learn how to select the best retirement plan for your non-profit. This guide includes common pitfalls to avoid, what to look for in a plan, and how to choose the best providers for your plan.
MUST-SEE 2-MINUTE VIDEO
Frequently Asked Questions
Watch this short video from a Fisher Retirement Plan Specialist to learn how to choose the best retirement plan for your non-profit.
Top Questions to Ask When Evaluating Non-Profit Plan Providers
Use this checklist to know which questions to ask when evaluating your non-profit retirement plan providers.
Contact Us
One of our 401(k) business specialists would love to talk to you about your companyβs retirement plan needs.
Call Us
Get Me StartedBusiness 401(k) Resources by Topic
-
401(k) Plan Optimization Your Interests First1/1/2023 12:00:00 AM
-
Plan Administration How to Find the Best 401(k) Provider1/1/2023 12:00:00 AM
-
Plan Administration 401(k) Employee Services1/1/2023 12:00:00 AM
-
401(k) Plan Optimization Investment Analysis1/1/2023 12:00:00 AM
