City of Seattle renews with Nationwide
The City of Seattle is staying with Nationwide to provide recordkeeping and education services for the plan’s 457(b) defined retirement contribution plan. Nationwide has had the plan for five years and the new contract is for a three-year renewal.
The plan has more than $1.8 billion in assets and nearly 11,000 participants.
“We’re proud to extend this partnership with the City of Seattle and continuing to provide service, solutions and extraordinary care as we help its plan participants prepare for a financially secure retirement,” said Craig Hawley, leader 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 Interactive Retirement PlannerSM a personalized, comprehensive financial planning tool that provides a holistic view of 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 more than 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.
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.