Nationwide’s retirement plans business has successfully transitioned the city of Scottsdale 457(b) deferred compensation plan and retirement health savings plan. Together, these plans serve approximately 2,100 participants with $123 million in retirement assets.1
“After a competitive search process, the city selected Nationwide for its emphasis on service, comprehensive retirement education and value for plan participants,” said Donna Brown, director of human resources for the city of Scottsdale. “Nationwide has been a great partner during the transition, and we’re excited to continue working closely together to help our employees better prepare for their retirement.”
For the duration of its five-year contract with the city of Scottsdale, Nationwide will provide administrative and recordkeeping services for the plan, along with offering participants localized support and access to leading tools and resources. These include Nationwide’s award-winning participant website2, as well as comprehensive retirement planning services through the Nationwide Retirement Institute®.
“We’re honored the city of Scottsdale has placed its confidence and trust in Nationwide,” said Eric Stevenson, vice president of retirement plans distribution for Nationwide. “Our team is committed to creating a successful partnership with the city and providing best-in-class service to help its employees achieve their individual retirement goals.”
Nationwide serves retirement plan clients of all sizes and types in both the public- and private-sector, and is a leading provider of retirement plans with $132 billion in assets under management.3
For more information about the tools and services Nationwide provides to 457 plan sponsors and participants, please visit www.NRSforU.com.
Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by both A.M. Best and Standard & Poor’s. The company provides a full range of insurance and financial services, including auto, commercial, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; banking and mortgages; excess & surplus, specialty and surety; pet, motorcycle and boat insurance. For more information, visit www.nationwide.com.
Nationwide Investment Services Corporation, member FINRA, Columbus, Ohio.
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