PARS Plans & Products
457 Deferred Compensation Plan

People retire differently.
Give them the freedom to find their way

PARS offers a unique, new full-service 457 retirement savings solution designed specifically to enhance the employee benefits of public agencies.

  • PARS provides the highest quality plan administration

  • Charles Schwab offers diverse investment choices and trustee oversight as trust custodian

  • Independent Expert Investment Consultants help you choose strong funds to fit your agency portfolio needs

Click HERE to tour PARS' on-line access service!!

What makes a PARS 457 plan different?

Not all public agencies and employees are alike. Whether you’re a school district looking for an alternative to a 403(b) plan or a municipality looking for an additional or sole 457 provider, the unique PARS 457 Plan takes into consideration the differences in agency needs and requirements, along with the individual investment needs of employees.

The PARS 457 Plan investment policy requires investments that conform to a standard well above those common in the 457 marketplace. Because PARS operates on a transparent, fee-for-service basis, if a fund offers revenue-sharing, then it is used to directly offset plan expenses.

And there is no conflict of interest. Neither PARS nor the investment consultant is affiliated with any of the investment funds in the portfolio. This enables an agency to offer its employees some of the lowest-cost, best-performing mutual funds available.

Employer Advantages

  • Individualized service – whether your plan is large or small, PARS brings a personal, customized approach to client services

  • Comprehensive plan administration

  • Full disclosure of plan fees

  • Asset oversight of Charles Schwab

  • Secure online account access for contribution processing and account performance reports

Employee Advantages

  • Onsite enrollment workshops

  • Online investment education tools demystify investment selection

  • Strong investment portfolio

  • 24-hour online access to account management

  • No fees to transfer between funds

  • No federal excise tax for withdrawing funds early

  • No surrender charges

  • Flexible pay-out options fit individual retirement lifestyles

Contact a PARS consultant today at:

(800) 540-6369

The information and analysis provided in this publication is
based upon PARS' understanding of the facts.
Before taking any action based on this information and analysis,
the agency should consult with its professional advisors.