Nationwide wins San Joaquin County’s Deferred Retirement Contribution Plan
San Joaquin County, California, announced that Nationwide Retirement Solutions will now provide recordkeeping and education services for its 401(a) and 457 deferred retirement contribution plans. The plan has more than $530 million in assets under management and approximately 6,400 plan participants.
“Nationwide has a large presence in California along with strong brand recognition,” said Brandi Hopkins, director of human resources and deferred compensation plan administrator for San Joaquin County. “Their approach toward providing education and financial planning will give our employees what they need to make the best financial decisions for themselves and their families.”
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 San Joaquin County both believe in the importance of providing their employees 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 are excited to partner with San Joaquin County and look forward to positively impacting their plan participants’ financial futures, including 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 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.