An Essdack Project


403(b) and 457(b)

In response to IRS regulations under Section 403(b) that took effect January 1, 2009,   ESSDACK established the ESSDACK 403(b) Consortium in 2008. This innovative   consortium is one of the first of it’s type in the nation.  It was designed to address not   only the new IRS regulations but also to provide high-quality investment options with   reduced fees.

Through a competitive bidding process, which required FULL disclosure of all fees, an   exclusive advisor was selected to manage a portfolio of funds and fees were negotiated.    At the onset, the plan was established with fees that were some of the lowest in the   industry.  Nonetheless the fees are reduced further each time established thresholds   are reached.

Recognizing the value of allowing staff to save in both a 403(b) and a 457(b), districts   may also choose to implement a 457(b) Deferred Compensation Plan.

These programs are available to both members and non-members.  For additional   information, please contact Deb Haneke  at or visit the   appropriate links below.

Participant Resources

Participant Account Access

Participating District Resources


Helpful Links