Nationwide Mutual Insurance Company

01/08/2024 | News release | Distributed by Public on 01/08/2024 19:45

Nationwide Retirement Solutions partners earn NAGDCA Awards

01
August
2024
|
08:30 AM
America/New_York

Nationwide Retirement Solutions partners earn NAGDCA Awards

2024-NAGDCA

Five retirement plans that partner with Nationwide Retirement Solutions were recently honored by the National Association of Government Defined Contribution Administrators (NAGDCA) as 2024 NAGDCA Leadership Recognition Awardrecipients for their outstanding participant campaigns.

The Leadership Recognition Award winners were selected from nominations across five categories and judged on originality and measurable results. Nationwide-supported plans captured six of the 17 total awards which will be presented in September at the annual conference in Phoenix, Arizona.

  • Maryland Teachers and State Employees Supplemental Retirement Plans (MSRP) was honored in the Plan Design & Administration category for its Catch the MatchCampaign which promoted the State of Maryland's Match bill and resulted in marked increases in enrollments, contributions, and rollovers for State employees.
  • New York State Deferred Compensation Plan (NYSDCP) was recognized in the National Retirement Security Month category for its National Retirement Security Campaignthat delivered action-oriented resources for participants and tools that participating state employers could leverage to help their employees rebuild confidence in their finances.
  • Ohio Deferred Compensation won in the Participant Education & Communication category for its Enhanced Webinar Education Campaignwhich leveraged new, engaging content to drive a significant surge in workplace meeting participation.
  • State of California Savings Plus received two awards. The State's Virtual Adventure Centerwas recognized in the Holistic Financial Wellness category for its 3D virtual benefit fair to provide participants timely education and guidance on a wide breadth of financial and retirement topics. The State's Participants Save Campaignwon in the Participant Education & Communication category for its proactive efforts to provide targeted guidance and resources to help participants get back on track to meet to meet their retirement goals.
  • State of Indiana won in the Participant Education & Communication category for itsHoosier START Beneficiary Campaign that was launched to raise awareness about beneficiary designation, educate participants, and guide them on how to update their beneficiary information routinely.

"Congratulations to our clients who received a 2024 NAGDCA Leadership Recognition Award, recognizing the brightest ideas and most innovative solutions across the public sector defined contribution industry," said Eric Stevenson, president of Nationwide Retirement Solutions. "The Nationwide Financial Retirement Solutions team is proud to partner with these public sector organizations, and many others across the country, to help more workers achieve a dignified financial future."

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, helping protect nearly $200 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 sponsors and plan participants.

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