Transamerica and Fiducient Advisors have joined forces to launch the Fiducient Advisors 403(b) Pooled Employer Plan (PEP), scheduled to take effect Jan. 1, 2026. Fiducient Advisors will introduce the new solution to clients and other organizations beginning this October.
The Fiducient Advisors 403(b) PEP offers streamlined retirement plan administration for nonprofit organizations and other 403(b) plan sponsors. In this plan, Transamerica will serve as the recordkeeper and administrator, offering a fully bundled large market solution. Fiducient Advisors will bring their expertise as the ERISA 3(38) investment manager, and Transamerica Fiduciary Services will serve as the pooled plan provider, ERISA 3(16) plan administrator, and named fiduciary.
The plan structure of the Fiducient Advisors 403 (b) PEP is designed for adopting employers seeking the flexibility to customize eligibility, matching formulas, and contribution designs. This flexibility, combined with the shift of fiduciary and administrative responsibilities to experienced third parties, enables both access to institutional quality investment options and more efficient compliance, and delegation of day-to-day operations to the service providers.
“The Fiducient Advisors 403(b) PEP is allowing for more everyday Americans to plan for their retirement and we’re proud to help bring this forward-thinking solution to the 403(b) market,” said Darren Zino, head of Retirement Distribution at Transamerica. “This PEP reflects our commitment to helping organizations of all sizes have access to a workplace retirement plan. Fiducient Advisors’ deep knowledge of nonprofits truly enhances value to these organizations.”
“Fiducient Advisors has a longstanding commitment to serving nonprofit organizations and 403(b) plan sponsors,” said Tyler Polk, partner and senior consultant at Fiducient Advisors. “We identified a clear need for a flexible, scalable 403(b) solution that helps organizations strengthen retirement outcomes for their employees. By combining our expertise with Transamerica’s leadership in pooled plans, we are making institutional quality retirement benefits more accessible while reducing administrative complexity.”
The Fiducient Advisors 403(b) PEP is available to 403(b) plans across sectors. For more information or to inquire about joining the plan, visit the Fiducient Advisors website at www.fiducientadvisors.com/contact.
