Nationwide Retirement Solutions wins State of Indiana 457, 401(a) deferred compensation retirement plans
Columbus, OH – Nationwide Retirement Solutions announced it has won the Indiana Public Employees’ Deferred Compensation 457 and 401(a) defined contribution retirement plans. The plans will transition in the Spring of 2022, with a four-year contract, followed by an option to renew for another four years.
The plans have approximately $1.7 billion in assets under management and more than 59,000 participants.
“Both parties expressed how well the values of Indiana and Nationwide aligned, sharing a passion for the same goals of providing strong participant outcomes and delivering outstanding service,” said Scott Ramey, senior vice president of Retirement Solutions Distribution for Nationwide. “We’re proud to be chosen to help support their employees in their journey to prepare for retirement and look forward to providing the first-class service that our plans expect from us.”
Nationwide has received Dalbar’s Customer Experience Excellence Award for the past two years, has won Dalbar’s Plan Participant Service Award for seven consecutive years and has been named to Fortune’s “100 Best Companies to Work For” for seven consecutive years.
Nationwide Retirement Solutions provides recordkeeping to more than 25,000 retirement plans across the country that includes 2.5 million participants.
Visit nrsforu.com for more information about the tools and services Nationwide provides to retirement plan participants.
Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by both A.M. Best and Standard & Poor’s. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; excess & surplus, specialty and surety; pet, motorcycle and boat insurance. For more information, visit www.nationwide.com. Follow us on Facebook and Twitter.