We're excited to share that Reliant is making an important change to better support your financial future. Starting on July 6th, with a transition period through July 20th, our 403(b)(9) Retirement Plan will transition to a new provider, GuideStone. GuideStone has been a long-time trusted provider of Reliant's Domestic health insurance, specializing in serving faith-based churches and non-profits.  Building on our existing foundation of working together in service to Reliant's employees, we're now expanding our GuideStone relationship to include our Reliant Retirement Plan. 

The attached letter (included below) explains this change in full details. 

Here are some FAQs about this transition:

Why this change?

• This decision was made by Relian't's management and executive leadership after careful consideration of the existing and future needs of our Retirement Savings Plan. Although Principal Financial Group has served us well for many years, GuideStone's expertise in managing 403(b)(9) Church plans will add substantial value to the services offered to our employees while keeping administrative costs low. 
• One benefit of GuideStone is their record keeping cost is significantly less than Principal, which will directly translate into higher net returns on your retirement investments.
• In addition, GuideStone understands the unique opportunities and challenges that missionaries and ministers face.  They have spent decades building a Retirement Service Center to uniquely meet those needs, by combining tailored technology and a specialized customer care team with extensive training focused on supporting ministry workers in achieving their retirement planning goals.  

What exactly is changing?

• The record keeping/administrative company that services our Reliant 403(b)(9) Plan will be moving from Principal Financial Group to GuideStone.
• After July 20th, you will access your retirement account from GuideStone's website.

What isn't changing?

• The vast majority of investments offered within our 403(b)(9) Plan are not changing. There is 1 specific investment that will have a delayed transfer to GuideStone in April 2026 to ensure the investment's full interest rate is paid out (further details are provided in the attached letter).
• All other Investments and balances will transfer seamlessly from Principal to GudieStone between July 6th-July 20th.
• You will still have the opportunity to select investments within your retirement portfolio from a diverse list of investments and providers. (We will still offer some GuideStone-specific investments, but you will NOT be required/limited to use those investment options.)
• We will still be using the Principal target-date funds for our default investments.

What do Reliant employees have to do regarding this change?

• Reliant employees will receive an email when their GuideStone accounts have been created. You will be asked to create a login and enter your beneficiaries. Note: Beneficiary information will NOT transfer from Principal. 

Questions? 

• We will be sending out additional emails in the month of July to keep you updated on this transition.  Solomon will be "under construction" for a little while after the transition. Our hope is to have our 403(b)(9) Retirement Section fully updated by early fall.  In the meantime, if you have any questions about this transition and the services GuideStone offers, please feel free to reach out to us at payroll@reliant.org.