Nationwide wins ISC Group’s 401(k) plan
The ISC Group has a new retirement services provider for its employees. The group announced that Nationwide Retirement Solutions® will now provide recordkeeping and education for its 401(k) defined contribution plan.
“Our highest priority when choosing a new retirement services provider was ensuring that our associates have an excellent experience, whether it be with online applications or person-to-person interaction, as they plan their financial future,” said Michael Latiolais, Executive Vice President & Chief Financial Officer for ISC. “We believe Nationwide’s award-winning customer service and ample resources will give our associates what they need to make the best financial decisions for themselves and their families and the service will complement ISC’s focus on providing associates with competitive compensation and benefits.”
In addition to recordkeeping and administrative services, Nationwide will provide participants with tools and resources to help with their retirement planning, including access to the online My Interactive Retirement PlannerSM which offers participants a way to track their retirement accounts and income. Participants will also have access to Income AmericaTM 5ForLife, a series of target date portfolios, that helps provide guaranteed lifetime income of 5% beginning at age 65 - offering protection against market uncertainty during retirement.
“Nationwide is committed to providing a suite of tools and resources plan participants can utilize to help them reach their retirement goals,” said Craig Hawley, senior vice president of Retirement Solutions Distribution at Nationwide. “We are excited to partner with ISC Group and look forward to positively impacting their 401(k) participants’ financial futures.”
DALBAR, a financial services market research firm, has awarded its Customer Experience Excellence Award to Nationwide for the past three years, and its Plan Participant Service Award for eight consecutive years. Nationwide has also been named to Fortune’s “100 Best Companies to Work For” for eight 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 administers nearly 34,000 retirement plans, protecting more than $192.7 billion in participant assets as of Dec. 31, 2021, 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.
This material should not be used as a recommendation to buy or sell a financial product or adopt an investment strategy. Investors should discuss their specific situation with their financial professional. Investing involves market risk. Income America 5ForLife is a series of target date portfolios held in a collective investment trust. All contract guarantees, including those for guaranteed income, are subject to the claims-paying ability of the issuing insurance companies. The issuing insurance companies are not a trustee for any assets held in any of the collective trust funds.