Tax Sheltered Annuities and Deferred Compensation Company Listing

​​​​​In accordance with the professional agreements between the Board of Directors of the Tacoma School District and each of the collective bargaining groups, employees of the District are hereby notified that the companies with whom TSA's and Deferred Compensation Payroll deductions are authorized are listed below.​​

General Information : 403b Plans

Beginning June 1, 2014, OMNI became the district's Third Party Administrator (TPA) responsible for remittance of contributions, testing contribution limits, and providing a compliance umbrella that ensures hardship withdrawals and transfers are made correctly.  As the Plan model unfolded, some low-cost mutual fund investment vendors were dropped from the Plan.  Consequently, district administrators investigated creative options that would allow district employees to continue contributions to these low-cost mutual fund products.  Based on referrals from other Washington school districts and significant due diligence, the district adopted two distinct 403(b) Plans as follows:​​

  1. ​The OMNI Group Plan; and
  2. The Selected Vendors Plan.

The OMNI Group Plan operates with individual vendors while performing the record keeping responsibilities as well as remitting and compiance duties.

The Selected Vendors Plan will be administered by Carruth Compliance Consulting, Inc. (CCC), an Oregon corporation with more than ten years of experience administering public school district 403(b) Plans.  The Selected Vendors Plan was designed by CCC specifically to meet the needs of Tacoma Public Schools and provided three low-cost mutual fund options that are unavailable in the OMNI Group Plan. CCC assumes the record keeping and compliance responsibilities for all investment vendors under the Selected Vendors Plan.​

Vendors for both plans are listed below.

OMNI Plan Vend​ors

Ameriprise Financial​ Services, Inc. 800-297-7378
AXA Equitable 800-628-6673
First Investors Corporation 800-423-4026
Great American Financial Resources Incorporated 888-497-8556
ING Reliastar 877-882-5050
Life Insurance Company of the Southwest 800-579-2878
Lincoln Investment Planning 800-242-1421
Mass Mutual 800-272-2216
Metlife 800-638-5433
New York Life Insurance and Annuity Corporation 800-695-1272
Oppenheimer Funds 800-835-7305
PlanMember Services Corporation 800-835-7305
The Variable Annuity Life Insurance Company (VALIC) 877-879-2449
Thrivent Financial For Lutherans 800-847-4836
Security Benefit Group of Companies 800-888-2461
Voya Retirement Ins. & Annuity C. (formerly ING Ins) 800-525-4225
Waddell & Reed 888-923-3355

NOTE:  An account must be established with your chosen vendor prior to contacting OMNI.  To access the OMNI system, access their website at https://www.omni403b.com​.  Select the Participants Tab in the upper middle part of the screen.  You will then be taken to the Participants page.  In the lower left hand corner labeled Employer Plan Info., enter EMP STATE = WA, EMP NAME = Tacoma School District #10 and then click on "Show Details".​

Selected Vendors Plan (Carruth Co​mpliance Consulting, Inc.)

Vendors under this plan include:

  • American Funds
  • Fidelity Investments
  • The Vanguard Group
Selected Vendors Plan general information is available at the following URL: 

www.ncompliance.com/guest_employees.aspx?EmployerID=120​​

If you already have an inactive (not closed or transferred) account with American Funds, Fidelity or Vanguard from prior participation in the Tacoma School District 403(b) Program, you may submit a Selected Vendors Plan Salary Reduction Agreement immediately.  The form is available at the following URL:

www.ncompliance.com/guest_employeesra.aspx?EmployerID=120​

If you do not already have an account with American Funds, Fidelity or Vanguard and would like to begin contributions under the Selected Vendors Plan, please follow the enrollment procedures available at the following URL:

www.ncompliance.com/guest_employerenrollment.aspx?EmployerID=120​​

457 Deferred Compensation Plans

To enroll in a T. Rowe Price 457 Plan:
  1. Print the enrollment form or contact the Payroll Office (253-571-1236) to have a form sent to you.
  2. Research available funds listed on the form by visiting www.rps.troweprice.com. (For a listing of funds, click Evaluating Fund and Performance.)
  3. Complete and sign the enrollment form.
  4. Send completed form to:
    Tacoma School District
    ATTN: Payroll Office
    PO Box 1357
    Tacoma, WA 98401-1357
Once enrolled, participants will receive information in the mail from T. Rowe Price on how to access account information online.

​T. Rowe Price ​800-922-9945
​Washington State Deferred Compensation ​​888-327-5596
 

NOTE:  The Payroll staff does not provide investment consulting services.  Please contact an investment professional for financial advice.