Nationwide adds pooled plan solution to RetireAssist suite

COLUMBUS, Ohio — Nationwide Retirement Solutions has added an advisor-friendly, pooled plan solution to its RetireAssist suite. Nationwide RetireAssist Connect is an innovative group plan solution designed to help financial professionals and plan sponsors streamline retirement plan management while offering greater flexibility, fiduciary support, and cost-efficiency.

“We’re introducing RetireAssist Connect to address the growing demand for scalable, efficient group retirement plan solutions that don’t compromise on customization or fiduciary protection,” said Rich Porter, senior vice president of Nationwide Retirement Solutions Distribution. “This solution offers advisors the simplicity of a pooled structure with the autonomy to tailor plan design, investment options, and pricing to meet the unique needs of employers and participants.”

Key Benefits of RetireAssist Connect:

• Tailored Plan Design – Unlike traditional pooled plans with standardized structures, RetireAssist Connect allows for personalized plan features to better align with employer goals and participant needs.
• Expanded Investment Options – Participants gain access to a broader range of investment choices through Nationwide’s Fund Window.
• Cost-Effective Pricing – Individualized pricing ensures employers only pay for the services they need.
• Comprehensive Fiduciary Support – Full 3(16) and 3(38) fiduciary services reduce administrative burden and liability for plan sponsors.
• Streamlined Operations – A single Form 5500, shared audit costs, and end-to-end support simplify day-to-day plan management.

Nationwide serves as the recordkeeper, custodian and corporate trustee for Nationwide RetireAssist Connect, and is joined by a strong team of service providers including Kovitz Investment Group Partners as the 3(38) investment fiduciary, Fiduciary Wise as the pooled plan provider for 402(a), and Strongpoint as the plan administrator.

More information about RetireAssist Connect, and other Nationwide RetireAssist solutions, can be found here.