Fiduciary obligations don’t have to seem intimidating
As a plan sponsor, you are also a fiduciary. That means you’re responsible for acting in the best interest of your client, in addition to managing assets for the benefit of your clients. That may seem intimidating, but it doesn’t have to be.
- Once you have selected a plan suitable to your client’s investment objectives, we help you comply with your fiduciary obligations, including some of the toughest Employee Retirement Income Security Act (ERISA) regulations, including:
- Funding the plan to ensure appropriate diversification — Our Nationwide® STAR program questionnaire helps you analyze your plan’s specific economic and demographic condition
- Preparing, implementing and following an Investment Policy Statement — We’ll help you develop your Investment Policy Statement by furnishing appropriate language and providing customized support coordinated with asset allocation
- Rebalancing plan assets periodically — STAR automatically rebalances your portfolio every quarter, keeping your plan in compliance with both the Investment Policy Statement and the planned allocation
- Reviewing the plan annually — Every year, we’ll reevaluate your investment goals and objectives through a personalized and comprehensive guidebook called an Annual Portfolio Review, and give you full access to a plan-specific web site with periodic performance reports showing your plan’s investment performance, balances and transactions, and quarterly market commentaries
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Knowing standards, laws and trust provisions — We stay on top of the
rules and regulations covering retirement plans and keep you up to
date
Ensuring the plan uses prudent experts to manage and monitor its assets — Our investment vehicles are managed by specifically selected institutional sub-advisors:- Wilshire Associates researches the managers, continually monitoring their performance and ensuring manager compliance
- STAR advisors are held to strict investment policy requirements
- The dedicated STAR web sites offer online performance and transactional reporting for complete transparency
Nationwide® STAR Program is a Defined Benefit Plan with the retirement plan funded through the Selector+ Group Variable Annuity Contract and its related services are issued by Nationwide Life Insurance Company of America, 1000 Chesterbrook Boulevard, Berwyn, PA 19312-1084, (800) 523-4681, extension 1420.
Neither the company nor its representatives provide legal or tax advice. Please consult your attorney or tax advisor for answers to specific questions.
It is the responsibility of the plan’s investment fiduciaries to select this service in accordance with the plan’s established investment criteria.
This service is separate and apart from the actual sale of any Nationwide® product which may be used to provide the plan’s underlying investments.
The use of diversification and asset allocation as part of an overall investment strategy does not assure a profit or protect against loss in a declining market.
Investing involves market risk, including loss of principal.
The Nationwide® Group Retirement Series includes unregistered group fixed and variable annuities and trust programs. The unregistered group fixed and variable annuities are issued by Nationwide Life Insurance Company. Trust programs and trust services are offered by Nationwide Trust Company, FSB a division of Nationwide Bank®. Nationwide Investment Services Corporation, member FINRA. In MI only: Nationwide Investment Svcs. Corporation. Nationwide Mutual Insurance Company and Affiliated Companies, Home Office: Columbus, OH 43215-2220.
Nationwide, Nationwide Financial, the Nationwide framemark, and On Your Side are federally registered service marks of Nationwide Mutual Insurance Company.
NFW-1558AO (04/08)
