401(k) Performance & Login Your 401(k) retirement account is an investment account and can be monitored for performance.  Use the link below to access your account information.  In addition, click on the form links to enroll or change your beneficiary designations..

• Nationwide's Web Site
• 401K Change Form
• Enrollment Form
• 401k Rollover Contribution Form
• Beneficiary Designation Form
• Retirement Plan Fund Prospectus

Frequently Asked 401(k) Questions

What are the eligibility requirements ?
Eligibility is dependent on the individual employer group and the specific parameters that are established for the employer group.

When may I start contributing?
You may enter the Plan on January 1st, April 1st, July 1st and October 1st once you have satisfied the employer group eligibility requirements.

How much of my income can I contribute?
You may contribute a percentage of your pay each period not to exceed $16,500 annually or $22,000 annually if you are over the age of 50.  Your taxable income is reduced by the amount you save.  This reduces your current Federal and in most cases, state income taxes.  You may change your salary deferral savings amount quarterly and may stop your contributions at any time.

What are my investment options ?
You may invest in any or all of the investment options available in the plan.

When may I change my investment options ?
You may change your options at any time however; the total number of changes is limited to 20 per year.

How can I withdraw my money?
You may receive money from your account for the following events:

• Retirement  - Age 65
  
• Death 
  
• Disability
• Termination employment - if the distribution is not directly rolled over to another qualified retirement plan or IRA, the IRS will require a 20% Federal tax withholding and a 10% IRS penalty may also apply to the total distribution if you are under age 59 ½.

May I take a loan against my 401K?
You may borrow a minimum of $1,000.00, or up to a maximum of the lesser of $50,000 or 50% of your vested account balance. You will have to pay back both the principle and interest directly to your account through payroll deductions over a 1 to 5 year period.

What is a hardship withdrawal?
You may withdraw a portion of your vested account balance if you can prove financial hardship. Financial hardship is defined by the IRS as "immediate and severe" and may only apply to the following circumstances: purchase of a principal residence, college tuition expenses, major medical expenses or to prevent eviction or foreclosure on your principal residence.  If you take a hardship withdrawal, you will be required to pay 20% federal tax withholding and, if the withdrawal is made prior to age 59 1/2 you may also be required to pay a 10% IRS early withdrawal penalty.

How often will I get a statement?
You will receive a personal statement summarizing contributions and the performance of your investments on a quarterly basis.

What are the fees ?
Administrative expenses are paid by the participant. Contact us for a current fee schedule.

How often is my money deposited?
Funds collected in any given month must be transferred to your account within 15 business days following the end of the previous month.