SchoolsFirst FCU Announces Nine New Third-Party Administrator Agreements with California School Districts

January 15, 2025

Participants benefit from a wide range of financial education and advisory services

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced that its Third-Party Administrator (TPA) affiliate, SchoolsFirst Plan Administration, LLC, added nine school districts in California to its roster in 2022. As a TPA, SchoolsFirst Plan Administration helps school districts with IRS plan compliance, education and customized, personal financial advice.

“SchoolsFirst FCU was founded to help our Members thrive and achieve financial well-being, and we have made it our mission to offer a variety of financial products and services to accomplish this goal,” said Carol Rose, executive vice president of Member service operations of SchoolsFirst FCU. “With the additional support we provide through SchoolsFirst Plan Administration, we help ensure that our Members and school employees remain confident in their ability to enjoy financial well-being not only in their working years, but also during their years in retirement.”

School districts in California that selected SchoolsFirst Plan Administration as TPA in 2022 include:

  • Lennox School District (Los Angeles County)
  • Glendale Community College District (Los Angeles County)
  • Heber Elementary School District (Imperial County)
  • Summit Leadership Academy – High Desert (San Bernadino County)
  • Ventura Unified School District (Ventura County)
  • MAAC Community Charter School (San Diego County)
  • Upper Lake Unified School District (Lake County)
  • Kelseyville School District (Lake County)
  • Sierra Sands Unified School District (Kern County)

About SchoolsFirst Plan Administration, LLC

As the leading third-party administrator of retirement plans for school employees, SchoolsFirst Plan Administration, LLC has served the educational community for more than 40 years. SchoolsFirst Plan Administration provides retirement plan services for 403(b), Roth 403(b), 457(b), Roth 457(b) and FICA Alternative plans for nearly 400 public school districts, charter schools, community college districts and county offices of education in California. Plan participants have full access to financial education and advice provided by SchoolsFirst FCU, including access to financial planning advisors, seminars, online education and planning calculators. Other services provided by SchoolsFirst Plan Administration include retaining contribution information, authorizing loans and distributions, dedicated phone support for both districts and participants six days a week, and contribution remittance, plan audit support, and secure online access.

For additional information about retirement plan services provided by SchoolsFirst Plan Administration, LLC, interested school districts may visit: https://www.schoolsfirstfcu.org/products/just-for-school-employees/district-center/.