403(b)(9) Comparison

Not all church retirement plans are created equal

Choosing a retirement plan is a big decision. Here's a transparent look at how Shorebird compares on fees, features, and flexibility — so you can decide what's right for your church.

Real dollars

See what your church would pay.

Adjust the sliders to match your church and see estimated annual costs across providers — side by side.

Shorebird tier:
Provider Annual cost All-in % 403(b)(9) Housing allowance Independent churches

Estimates based on publicly available fee schedules and typical fund expense ratios. Shorebird costs include fund expenses (~0.04%) and custodial fees (~0.05%). Competitor costs are estimated using blended all-in fee rates from publicly available information; actual costs may vary by plan configuration. GuideStone is generally available to Southern Baptist Convention-affiliated churches. FCMM is affiliated with the Evangelical Free Church of America. Vanguard does not offer 403(b)(9) plans or housing allowance designations.

Side-by-side

How the features stack up

Beyond cost — a look at plan structure, technology, and investment options across providers.

Feature Shorebird GuideStone FCMM Others*
Cost
Fund expense ratios 0.03 – 0.10%
Index funds (Vanguard, iShares, Schwab)
0.38 – 0.75%
Proprietary GuideStone Funds
Varies
Mix of proprietary & mutual funds
Varies widely
Provider-dependent
Where costs come from Flexible
Church pays, participants pay, or split
Participants' assets
Embedded in fund fees
Participants' assets
Embedded in fund fees
Varies
Often embedded in fund fees or billed to employer
Plan Structure
Plan type Your church's own plan
Prototype adoption agreement
Shared master plan
Church adopts GuideStone's plan
Shared master plan
Denominational plan
Shared master plan
Denominational plan
Denomination required? No Preferred (SBC) Yes (Free Methodist) Typically yes
Customizable plan features Match, vesting, eligibility, loans, Roth Limited — plan terms set by GuideStone Limited Varies
Church-Specific Features
Housing allowance designation Built-in, automated Available Available Available
Technology & Experience
Online enrollment Fully digital Paper + digital hybrid Paper-heavy Varies
Payroll integration QuickBooks, Gusto, ADP
Automated contribution funding Automated or manual Manual or semi-automated Manual Varies
Onboarding time 48 hours 2 – 4 weeks 2 – 6 weeks Weeks to months
Investment Options
Fund selection Low-cost index funds
Vanguard, iShares, Schwab
Proprietary only
GuideStone Funds
Mix of proprietary & mutual funds Varies by provider
Target-date funds Vanguard Target Retirement MyDestination Funds Lifetime Fund Varies
Faith-based screening available Optional Default (all funds screened) Limited Varies

* "Others" includes providers like Envoy Financial, Servant Solutions, and other denominational retirement boards. Fee ranges are representative and may vary.

Why it matters

What makes Shorebird different

We built Shorebird around three things we think matter most.

Fees that make sense

Shorebird uses low-cost index funds from Vanguard, iShares, and Schwab, keeping your all-in cost between 0.35% and 0.50%. Over a career, the difference between that and a higher-fee plan compounds into tens of thousands of dollars more in your participants' accounts.

Your plan, your church

Many church plans use a shared master plan structure managed at the denominational level. With Shorebird, your church has its own 403(b)(9) plan — with a simple adoption agreement that lets you customize the match, vesting, eligibility, and loans. Same tax benefits, more control.

Built for how churches actually work

Church payroll is unique. Ministers have dual tax status, housing allowances need to be designated correctly at distribution, and many churches run payroll through new platforms. Shorebird integrates directly with your payroll system and handles the church-specific details that make a real difference.

The real cost

What fee differences mean over time

Small differences in fees compound dramatically over a ministry career. Here's what a pastor contributing $500/month could accumulate over 30 years, assuming 7% annual returns before fees.

With Shorebird (0.40%)

$564,000

Net of fees

With Others (0.90%)

$512,000

Net of fees

Difference

$52,000

More in your pastor's pocket

Hypothetical illustration. Assumes $500/month contributions, 7% annual return before fees, 30-year time horizon. Actual results will vary. This is not a guarantee of future performance.

Ready to see the difference?

We'd love to help your church offer a retirement plan your team will appreciate.

Get started

Fee comparisons are based on publicly available information and may not reflect all costs, share classes, or plan configurations. GuideStone fee ranges reflect Investor Class fund expense ratios plus administrative costs. FCMM fees are based on their published rate and fee disclosures. "Others" category represents a range of denominational and independent church retirement providers. Shorebird fees are target pricing and subject to change. All fee data is approximate and intended for general comparison purposes only. Churches should review each provider's current fee disclosure documents before making decisions. This page does not constitute investment advice.