Nationwide
Newport
Columbus, OH | nationwidefinancial.com/retirementplans
Walnut Creek, CA | newportgroup.com
KEY CONTACT(S)
Nationwide Retirement Plans National Sales Desk 1.800.626.3112
FIRM PROFILE Nationwide is a U.S. based mutual company founded in 1926 with a history of strength and stability. We continue to focus on our customers and have grown to become one of the largest insurance and financial services companies in America. As of June 30, 2021, Nationwide is a Fortune 100 company recordkeeping more than 37,000 retirement plans with more than $180 billion in retirement plan assets under management.
PRIMARY MARKET(S) SERVED
NAPA FIRM PARTNERS
Recordkeepers
KEY CONTACT(S)
Ken Weida 925.328.4547 | Ken.Weida@newportgroup.com Todd Davis 443.333.5328 | Todd.Davis@newportgroup.com Dale Essenmacher 248.857.0904 | Dale.Essenmacher@newportgroup.com
FIRM PROFILE Newport is a leading independent retirement services provider that helps employers—and the advisors who serve them—prepare employees for a more financially secure retirement. The company has more than $150 billion in retirement assets under administration and more than $300 billion in corporate retirement and insurance assets. Staffed by an exceptional team, Newport provides retirement solutions to employers of every size, from small businesses to the Fortune 1000.
PRIMARY MARKET(S) SERVED PLANS / PARTICIPANTS SERVED BY TYPE [As of 6/30/21]
401(k): 15,870 | 759,255 403(b): 7,558 | 131,057 457: 7,110 | 1,575,937 Defined Benefit (Traditional): 420 | 702 NQDC: 41 | 1,874
TOTAL ASSETS ADMINISTERED $187,000,000,000
PLATFORM(S) USED Proprietary recordkeeping platform; SS&C recordkeeping platform
ASSET ALLOCATION FUNDS Nationwide offers 227 asset allocation funds
ADVISOR SUPPORT SERVICES
External Wholesalers Focused on Advisors: 81 External Wholesalers Focused on Institutional: 258 Internal Wholesalers Focused on Advisors: 105 Internal Wholesalers Focused on Institutional: 39 Dedicated relationship management, Plan Benchmarking, TargetDate Evaluation Tools, Training for DC Plan Sales/Service, Investment Committee Meetings
PARTICIPANT SUPPORT SERVICES Award-winning service, In-Plan Lifetime Income Options, Rollover Services, Retirement Resource Group, Facebook Page, Smartphone Access to Participant Balances, Smartphone Transaction Access for Participants
41 TOTAL ASSETS ADMINISTERED $300,000,000,000
PLANS BY CHANNEL Direct: 0 | Advisor: 100
PLATFORM(S) USED Open Architecture
ASSET ALLOCATION FUNDS All CUSIPs and self-directed brokerage accounts
ADVISOR SUPPORT SERVICES
External Wholesalers Focused on Advisors: 27 External Wholesalers Focused on Institutional: 27 Internal Wholesalers Focused on Advisors: 10 Internal Wholesalers Focused on Institutional: 10 Compliance Support, Plan Benchmarking, Target-Date Evaluation Tools, Training for DC Plan Sales/Service, Investment Committee Meetings
PARTICIPANT SUPPORT SERVICES Rollover Services, Call Center Support, Smartphone Access to Participant Balances, Smartphone Transaction Access for Participants
PLAN SPONSOR SERVICE(S) AVAILABLE Solutions include unique plan combinations, integrated qualified and nonqualified plans, PEPs/MEPs, payroll integrations, trust services, fiduciary services to support advisors including 3(16) fiduciary services.
PLAN SPONSOR SERVICE(S) AVAILABLE Enhanced data security, Dedicated contact, Divisional accounting & recordkeeping, Digital task management, Annual plan review, Customizable Plan health dashboard and reporting, Monthly Newsletter, Compliance support
NAPA BLACK BOOK 2021