403bwise is a 501(c)(3) nonprofit organization.

The K-12 403(b) is broken.
Together we can fix it.
Dan's Blog

Latest District 403(b) Plan Grade Data

August 22,2023

We have added 1,000 more graded school district 403(b) plans to the 403bwise District Plan Rating Project. This brings the total number of graded plans to 4,586. There are approximately 13,500 public school distircts in the country. We now have data for 34% of all public school districts. Because our database has information on the majority of large districts, we have data covering more than half of all teachers in the country. We think it's a big deal that 50% of all teachers can now see how good or bad their plan is, and if they have any quality 403(b) vendors available. 

Grades as of August 22, 2023

  • 144 A (3.1%)
  • 19 B (<0.5%)
  • 2,868 C (62.5%)
  • 883 D (22.9%)
  • 655 F (16.4%)
  • 17 N (0.4%) (N = Need more information)
    Total: 4,586

Grading Methodology

Our rating system explained

School District Plan Search

Search here. If data for your district is unavailable, there will be a prompt to upload it for posting and grading. You can get your 403(b) vendor list from your human resources or benefits office. 

What an A District Looks Like

What a B District Looks Like

What a C District Looks Like

What a D District Looks Like

What an F District Looks Like

Data Driving Change

We have evidence that districts are responding to our grades by improving their plans. You can read more about this here. We have received emails from teachers who have left or will leave their districts because of their lousy plans. We received emails from teachers who are using our grades to determine where they will apply. The podcast below details how a Wisconsin superintendent is using his A-rated plan to recruit teachers and staff. 

Podcast Series Explains Why the K-12 403(b) is So Bad

The 5-part series Learned by Being Burned: Teachers and the K-12 403(b) is available on all major podcast outlets and online here

 

Stay wise and well (and help us get data on the remaining districts).

Related Podcast:

Super Superintendent Terry Slack is a Superintendent (known as District Administrator in Wisconsin) who gets the importance of offering a low-cost 403(b). His district's A-rated single vendor plan has a 75% participation rate. We talk with Terry about why and how he prioritizes employee wellness. Listen Now »