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What is the NAM 403(b) Plan?

Offering your dedicated staff a retirement plan doesn’t have to be out of reach, even for small organizations. NAM’s 403(b) solution connects nonprofits with trusted partners to handle administrative, recordkeeping, and fiduciary services – giving you access to a professionally managed plan without the hassle. 

A streamlined approach lets you offer competitive retirement benefits while focusing on your mission.

  • Potential cost savings – Lower expenses compared to operating a single-employer plan
  • Less administrative burden – Outsource recordkeeping, compliance, and fiduciary duties
  • Customized retirement solutions – Tailor your plan to fit your nonprofit’s needs
  • Fiduciary guidance – Expert oversight to ensure compliance and sound investment options
  • Educational resources – Access to webinars, training, and ongoing support
  • Professionally maintained investment menu – Simplify decision-making with expert-managed options

This benefit is built by a team of experts who understand the unique needs of nonprofits, providing a turnkey retirement solution that works for organizations of any size or budget.

  • CAPTRUST – The fiduciary advisor, negotiating provider fees, managing investment policy statements, recommending investment options, and offering financial wellness resources, fiduciary advice, and educational webinars.
  • BPI – The administrator, handling enrollment and assisting participants with questions via phone or chat.
  • Nationwide – The recordkeeper, tracking participant investments, issuing account statements, and providing customer support. Works closely with BPI to process enrollments, track contributions, and manage distributions.
  • Nonprofit Association of the Midlands (NAM) – Your gateway to this opportunity, providing ongoing support, education, and access to this exclusive member benefit.
  • Your organization – As the plan sponsor, you're still in control of key decisions, including employer contributions, vesting schedules, and matching options.

About CAPTRUST

A comprehensive financial wellness solution for employers and retirement plan sponsors, CAPTRUST at Work provides tailored and actionable educational content and advice to increase employees’ financial confidence and empower them to improve their own financial well-being.
Contact Troy Anderson to learn more about a 403(b) plan for your employees through CAPTRUST
 troy.anderson@captrust.com or 515.657.4106
"To truly enrich the lives of our clients, we have to start by working backwards. First, we need to understand what people need and what problems we can help them solve. Then we can make sure they have the right tools and resources to succeed."
– J. Fielding Miller, CAPTRUST Chairman and Chief Executive Officer

CAPTRUST Financial Advisors is an investment adviser registered under the Investment Advisers Act of 1940. CAPTRUST is affiliated by common ownership to CapFinancial Securities, LLC (CFS), a FINRA broker-dealer (Member SIPC). CAPTRUST does not manage any proprietary mutual funds.