"Hands Off" "Hands On"

Professionally Managed Accounts*

A managed account is an option that allows participants to hire an investment advisory firm to select investments in their account and actively manage those investments.

  • Choosing investments is seen as difficult - 84% of employers say employees are confused about what funds to use
  • No minimum account balance is necessary and participants can cancel anytime
  • No additional fee to you as the plan sponsor - only the participants using the service will pay an additional fee from their account
  • Gives you enhanced fiduciary protection - when participants select this option, the money manager becomes the fiduciary for those investments

*Offering may not be approved for use by all broker/dealers.

[1] Deloitte 2009 401(k) Benchmarking Survey.

The plan sponsor, and not Nationwide, selects the registered investment advisor used in conjunction with managed accounts. The plan sponsor must determine whether this service is appropriate for participants. Additional fees apply for this service.