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OneDigital Investment Advisors Announces Partnership with the National Association of Manufacturers
OneDigital Investment Advisors Announces Partnership with the National Association of Manufacturers
OneDigital Investment Advisors Partners with National Association of Manufacturers and Principal® to Enhance Retirement Security for Manufacturing Workers
Overland Park, KS – October 17, 2024 – OneDigital Investment Advisors LLC an SEC-registered investment adviser and wholly owned subsidiary of OneDigital, today announced a strategic partnership with the National Association of Manufacturers (NAM) to offer enhanced retirement plan options to its members. This collaboration aims to address the critical issue of retirement security for the manufacturing workforce as well as to bolster retention efforts for employers. With the median retirement savings balance of those in the manufacturing industry being just $34,000, this collaboration aims to address and support retirement security for the manufacturing industry workforce.
Through this partnership, NAM members will gain access to OneDigital’s team of retirement consultants to optimize their retirement plans and provide employees with the tools and resources necessary to achieve their financial goals. Principal Financial Group®, which has been the plan recordkeeper and retirement services provider for NAM members since 2022, will continue to support those needs under the new relationship.
We are thrilled to partner with the National Association of Manufacturers to support their members in building strong retirement plans. The manufacturing industry plays a vital role in the U.S. economy, and we are committed to helping manufacturers offer their employees a secure financial future.
—Frank Zugaro, National Vice President, Retirement Solutions at OneDigital Investment Advisors
Providing our members with access to top-tier retirement plan solutions is a priority for The NAM. We believe this partnership with OneDigital will significantly benefit our members by offering them the resources and expertise needed to create robust retirement plans for their employees.
—Todd Boppell, Chief Operating Officer at the National Association of Manufacturers
Entering this partnership between The NAM and OneDigital provides an amazing opportunity to affect the lives of many in the manufacturing industry.
To learn more about the program please visit NAM Manufacturers Retirement & Savings Plan.
About the National Association of Manufacturers
The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States,[1] representing small and large manufacturers[2] across all industries. NAM promotes a policy agenda that supports manufacturers’ competitiveness and creates jobs.
For more information about the Plan: NAM 401(k) and Savings Plan Landing Page
About Principal Financial Group®
Principal Financial Group® (Nasdaq: PFG) is a global financial company with nearly 20,000 employees[1] passionate about improving the wealth and well-being of people and businesses. In business for more than 140 years, we’re helping approximately 62 million customers[2] plan, protect, invest, and retire, while working to support the communities where we do business, and build a diverse, inclusive workforce. Principal® is proud to be recognized as one of the 2024 World’s Most Ethical Companies® by Ethisphere[3], a member of the Bloomberg Gender Equality Index, and a “Best Place to Work in Money Management[4].” Learn more about Principal and our commitment to building a better future at principal.com.
About OneDigital
OneDigital’s team of fierce advocates helps businesses and individuals achieve their aspirations of health, success and financial security. Our insurance, financial services and HR platform provides personalized, tech-enabled solutions for a contemporary work-life experience. Nationally recognized for our culture of caring, OneDigital’s teams enable employers and individuals to do their best work and live their best lives. Founded in 2000 and headquartered in Atlanta, OneDigital maintains offices in most major markets across the nation. For more information, visit onedigital.com.
Investment advice offered through OneDigital Investment Advisors LLC.
[1]As of June 30, 2024
[2]As of June 30, 2024
[3] Ethisphere, 2024
[4] Pensions & Investments, 2023