Nationwide wins City of West Jordan 457(b) and 401(a) Plans
The City of West Jordan, Utah, announced that Nationwide Retirement Solutions will now provide recordkeeping and education services for its 457(b) and 401(a) deferred retirement contribution plans. The plan has more than $96 million in assets under management and approximately 1,600 plan participants.
“As a fiduciary committee, we chose Nationwide because of the user-friendly tools and resources that best enables our employees to be active participants in their retirement,” said Derek Orth, human resources manager for the City of West Jordan.
In addition to recordkeeping and administrative services, Nationwide will provide participants with holistic 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 and the City of West Jordan both believe in the importance of providing their employees retirement savers with the tools and resources they need to help them reach their retirement goals,” said Craig Hawley, senior vice president of Retirement Solutions Distribution at Nationwide. “We look forward to positively impacting their plan participants’ financial futures and delivering support through our award-winning customer service.”
DALBAR, a financial services market research firm, has awarded its Customer Experience Excellence Award to Nationwide for the past four years, and its Plan Participant Service Award for the ninth consecutive year. Nationwide has also been named to Fortune’s “100 Best Companies to Work For” for nine consecutive years.
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 Retirement Solutions administers nearly 32,000 retirement plans, protecting more than $166 billion in participant assets, and helping secure financial futures for over 2.7 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.