Verdara Charter Alliance offers educators and staff a pathway to guaranteed retirement income – at a fraction of the financial and administrative cost of typical retirement plans.¹
Verdara provides retirement plans for the mission-driven workforces too often underserved by the systems around them.
of workers say guaranteed income options would increase their loyalty to their employer.
of workers would be interested in a guaranteed income option in their plan.
of employees worry about running out of money in retirement.
of plan sponsors are highly confident their employees are saving enough.
Our pooled employer plan brings non-profits together under one retirement alliance, reducing operating costs and eliminating duplicative fees through consolidation.
Built by retirement experts, non-profit leaders, and philanthropists, Verdara is more than a plan provider — we're a public benefit corporation committed to doing what's right for those who serve others.
That means every decision is made to prioritize the interest of our stakeholders by improving service, expanding choice for participants, and keeping costs low.
By establishing a nationwide non-profit alliance, we can unlock better pricing, offer sophisticated benefit designs, enhanced benefits, and manage the duties of fiduciary oversight on behalf of all participants.2
We offer the best feature of a traditional pension — a clear path to guaranteed retirement income* — built into modern, cost-effective, and portable 401(k)s and 403(b)s.
Like a pension, Verdara’s pooled plans offer a path to guaranteed retirement income for life. The longer an employee works, the more retirement income they can accumulate – reducing or even eliminating the risk of outliving their savings.3
Unlike a pension, organizations that join our pooled employer plan carry no risk of unfunded benefit liabilities.⁵ The guarantees are backed by insurers, not employers.
We help existing non-profits offer in-demand retirement plan benefit features like guaranteed lifetime income, financial education, and student loan matching that are typically out of reach for 501(c)(3)s, giving you a competitive edge in today's talent marketplace.
Our partners and platform can connect with over 300 payroll providers, including all major players, to offer both 180° and 360° integration.
Verdara Non-ProfitAlliance can also help new organizations establish start-up plans without the administrative burden, freeing your team to focus on your mission.⁶
Long-term benefits. Less administrative burden.
By pooling multiple employers into one collective plan, we will be able to access institutional pricing models that can save up to half the total plan cost of traditional non-profit 401(k) and 403(b) retirement plans.
With audits handled annually at the master plan level and no hidden fees or revenue sharing, we can collectively unlock greater savings and benefits that ensure every dollar goes further for your organization.
No Form 5500. No annual plan audit. No quarterly investment committee meetings.
Instead of your team having to manage compliance matters, Verdara takes on the fiduciary responsibilities of the pooled employer plan – handling filings like the Form 5500, taking care of investment oversight, and covering the cost and coordination required of audits and testing.4
We manage compliance tasks and provide support, freeing your team to focus on what it does best: advancing your mission.
Verdara Non-Profit Alliance can help new organizations more easily establish start-up plans: you adopt into a "ready-made" program with all the service providers, documentation, and participant support already in place. You significantly reduce your administrative burden, freeing your team to focus on advancing your mission.
For participating non-profits, your regular duties are as easy as 1-2-3:
1.Send payroll contributions on time
2.Provide annual census data
3.Monitor Verdara using our regular reports to ensure we're continuing to act in your employees' best interest
That's it. Really.
Yes. With both 401(k) and 403(b) options, Verdara Non-Profit Alliance gives you the flexibility to design a plan as unique as your mission and staff. We offer turnkey packages suited to the needs of most non-profits as well as the ability to customize features – whether you want to maintain your current plan or level up your existing offering.
We offer employees access to a pension-like defined contribution plan, while still maintaining flexibility for participants to opt out if guaranteed income isn't the right fit for their needs.
Participants in our guaranteed retirement income path start with an age-appropriate investment strategy focused on growing their asset balance while managing costs. Over time, they transition to a program that is customized to deliver diversification across continued growth opportunities and insurance products, such as fixed index annuities, that provide steady income for life.⁸
Because our strategy begins to lock up income while a participant is working, they can start to build a sense of future retirement income security before they are ready to leave the workforce.
By pooling multiple employers into one collective plan, we will be able to access institutional pricing models that can save up to half the total plan cost of traditional non-profit 401(k) and 403(b) retirement plans.
With audits handled annually at the master plan level and no hidden fees or revenue sharing, we can collectively unlock greater savings and benefits that ensure every dollar goes further for your organization..
No Form 5500. No annual plan audit. No quarterly investment committee meetings.
Instead of your team having to manage compliance matters, Verdara takes on the fiduciary responsibilities of the pooled employer plan – handling filings like the Form 5500, taking care of investment oversight, and covering the cost and coordination required of audits and testing.4
We manage compliance tasks and provide support, freeing your team to focus on what it does best: advancing your mission.
Verdara Non-Profit Alliance can help new organizations more easily establish start-up plans: you adopt into a "ready-made" program with all the service providers, documentation, and participant support already in place. You significantly reduce your administrative burden, freeing your team to focus on advancing your mission.
For participating non-profits, your regular duties are as easy as 1-2-3:
1.Send payroll contributions on time
2.Provide annual census data
3.Monitor Verdara using our regular reports to ensure we're continuing to act in your employees' best interest
That's it. Really.
Yes. With both 401(k) and 403(b) options, Verdara Non-Profit Alliance gives you the flexibility to design a plan as unique as your mission and staff. We offer turnkey packages suited to the needs of most non-profits as well as the ability to customize features – whether you want to maintain your current plan or level up your existing offering.
We offer employees access to a pension-like defined contribution plan, while still maintaining flexibility for participants to opt out if guaranteed income isn't the right fit for their needs.
Participants in our guaranteed retirement income path start with an age-appropriate investment strategy focused on growing their asset balance while managing costs. Over time, they transition to a program that is customized to deliver diversification across continued growth opportunities and insurance products, such as fixed index annuities, that provide steady income for life.⁸
Because our strategy begins to lock up income while a participant is working, they can start to build a sense of future retirement income security before they are ready to leave the workforce.
