Nationwide Retirement Solutions (NRS) receives administrative reimbursement fee payments from Nationwide Bank for administration and record-keeping services of bank products. Some of the services NRS provides to Nationwide Bank for these accounts include maintaining participant account information, transaction history, and tax reporting services. The amount of the payments NRS receives is based on an agreed upon percentage multiplied by the amount of assets invested in the bank products. The payments generally range from 0.55% up to 0.80% of assets. NRS takes these anticipated payments into consideration when determining the charges it imposes for its services.
Plans are encouraged to consider all of the fees, charges, and compensation arrangements when selecting investments.
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