City of North Las Vegas bets on Nationwide as new retirement services provider
The City of North Las Vegas has selected Nationwide Retirement Solutions as its new provider of their 457 and 401(a) deferred compensation plans to help their employees plan and prepare for retirement.
The plan has nearly $96 million in assets under management and approximately 1,150 plan participants. The consultant for the plan was Innovest.
“The City of North Las Vegas is excited to have Nationwide serve our plan participants. Nationwide’s comprehensive approach toward participant education along with their focus on data and cyber security are just a couple reasons that we are excited about our partnership,” said Will Harty, finance director for the City of North Las Vegas.
“We’re pleased to help the City of North Las Vegas employees plan for a financially secure retirement through our award-winning customer service and focus on extraordinary care,” said Scott Ramey, senior vice president of Retirement Solutions Distribution at Nationwide.
In addition to recordkeeping and administrative services, Nationwide will provide participants with financial planning services and access to the online My Interactive Retirement PlannerSM, a personalized, comprehensive financial planning tool that provides participants with a holistic view of their retirement readiness.
Nationwide Retirement Solutions is a business within Nationwide, a Fortune 100 company based in Columbus, Ohio that is one of the largest and strongest diversified financial services and insurance organizations in the United States. Nationwide administers nearly 34,000 retirement plans, protecting more than $173.9 billion in participant assets, and helping secure financial futures for over 2.6 million participants in the governmental 457, corporate 401(k) and not-for-profit 403(b) markets. Nationwide is committed to serving the retirement industry by doing the right thing at the right time through better participant experiences, administrative simplicity and values that translate to service.
Visit nrsforu.com for more information about the tools and services Nationwide provides to retirement plan participants.