12:37 PM

Methodist Hospital of Southern California Selects Nationwide as its Retirement Plan Provider

Columbus, OH - Methodist Hospital of Southern California recently selected Nationwide as its exclusive retirement plan provider based on Nationwide’s focus on participant outcomes and ability to offer a customized plan. The 403(b) plan serves approximately 2,500 participants with $152 million in assets.

“Methodist Hospital chose Nationwide based on our ability to deliver a plan that’s designed to meet the unique needs of its participants, and our focus on helping participants achieve their retirement goals through a combination of personalized support, education and technology,” said Eric Stevenson, senior vice president of retirement plan sales for Nationwide.

Nationwide will provide administrative and recordkeeping services for the plan, along with offering participants a range of decision-making and planning tools, including Nationwide’s award-winning participant website1 which offers access to the My Interactive Retirement PlannerSM.

Methodist employees will also have access to comprehensive retirement planning tools through the Nationwide Retirement Institute®, which provides education on Social Security optimization and tools that help participants plan for health care costs.

“We’re excited to have the opportunity to help the caregivers and life-savers of Methodist Hospital prepare for their hard-earned retirement,” said Stevenson. “Our team is ready and committed to building a successful relationship with both the hospital and its employees.”

The addition of Methodist Hospital of Southern California expands Nationwide’s significant market share in the state. Nationwide now serves as the retirement plan provider for approximately 2,500 California employers, including California Saving Plus. Together, these plans represent more than $21 billion in assets and 526,000 participants.

Visit nationwide.com for more information about the tools and services Nationwide provides to its retirement plan clients.

About Nationwide

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.

[1] DALBAR, Best-in-Class Plan Participant Home Pages, April 2017