Nationwide Retirement Solutions has introduced a new, flexible public sector retirement plan offering to answer requirements of small case plan sponsors.
Designed to address employees' unique retirement savings requirements, the new 457(b) plan's enhanced options includes zero asset management charge for plans with $500k-$25M in assets, a new diversified investment fund line-up, and access to a guaranteed fixed account with a competitive crediting rate.
Additional offerings include Plan Sponsor Investment Fiduciary Services from Morningstar Associates, a new and innovative fiduciary training series, as well as quarterly economic webinars in partnership with JP Morgan.
Nationwide Retirement Solutions senior vice president Eric Stevenson said the company received direction from plan sponsors who want to provide participants with a retirement plan that receives results at a competitive price.
Headquartered in Ohio, Nationwide Retirement Solutions has provided 457(b) public sector retirement plans since 1974, and currently has over 7,600 public sector plans under administration with 1.2 million participants.
The company also offers a full range of insurance and financial services, such as auto insurance, motorcycle, boat, homeowners, pet, life insurance, farm, commercial insurance, annuities, mortgages, mutual funds.
