403(b) Retirement Plans

Waddell & Reed Advisors 403(b) Plan

Your school district has selected Waddell & Reed as an approved vendor to provide investment products and servicing for your 403(b) retirement plan.

Waddell & Reed, Inc. is proud to provide the Waddell & Reed 403(b) Retirement Plan, through an alliance with Pentegra and Nationwide Financial. The alliance, which began in October 2000, combines superior customer service, Waddell & Reed’s strong national distribution system and Nationwide’s innovative product design.

A 403(b) plan allows you the double benefit of investing your personal pretax salary contributions while reducing your current taxable income. Contributions into the plan let you delay paying taxes because the earnings in the account grow tax deferred; income taxes are not paid until you begin making withdrawals.

Account Login




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Investment Options

MRIC 403(b) and 457 Model Plan Investment Menu for Waddell & Reed Advisors Retirement Plan.

The mutual funds offered to the MRIC 403(b) and 457 Plan are provided at Net Asset Value (NAV), with no front-end or back-end sales charges. An asset charge applies, along with normal fund expenses.

Waddell & Reed Advisors Retirement Plan Performance Summary

Fund Name Ticker
Fixed Income / Bond
Calvert Bond Fund A CSIBX
Goldman Sachs Short Duration Govt. A GSSDX
Loomis Sayles Investment Grade Bond LIGRX
Oppenheimer Global Strategic Income Fund A OPSIX
Oppenheimer Limited Term Govt. Fund A OPGVX
PIMCO Total Return Fund A PTTAX
Principal High Yield A CPHYX
Ivy Global Bond Fund A IVSAX
Large Cap
AllianzGI NFJ Dividend Value A PNEAX
Calvert Equity Fund A CSIEX
Janus Henderson Forty Fund S JARTX
Nationwide S&P 500 Index Svc GRMSX
Fundamental Investors(SM) R5 RFNFX
Ivy Large Cap Growth Fund A WLGAX
Mid Cap
Fidelity Advisor Leveraged Co. Stock A FLSAX
Harbor Mid Cap Growth Inv HIMGX
Nationwide Midcap Market Index Inst R6 GMXIX
Small Cap
Heartland Value Investor A HRTVX
Nationwide Small Cap Index R6 GMRIX
Invesco Small Cap Growth A VASCX
International
Deutsche International Growth Fund A SGQAX
Invesco European Growth A AEDAX
Capital World Growth & Income R5 RWIFX
American Funds Small Cap World Fund R5 RSLFX
International Growth Fund A MDGCX
SMALLCAP World Fund(R) R5 RSLFX
Ivy Global Equity Income A IBIAX
Ivy Emerging Markets Equity Fund Y IPOYX
Lazard Emerging Market Equity Open LZOEX
Specialty
BlackRock Energy Resources Inv A SSGRX
BlackRock Health Sciences Opportunities Inv A SHSAX
Prudential Global Real Estate A PURAX
Ivy Energy Fund Y IEYYX
Ivy Natural Resources Fund Y IGNYX
Predential Jennison Utility Fund Class A PRUAX
Oppenheimer Gold & Special Minerals Fund A OPGSX
Ivy Science & Technology Fund A WSTAX
Balanced
Ivy Wilshire Global Allocation A IWGAX
Ivy Balanced Fund Y IBNYX
Nationwide Inv. Destination Aggressive Svc NDASX
Nationwide Inv. Destination Conservative Svc NDCSX
Nationwide Inv. Destination Moderate Svc NSDMX
Nationwide Inv. Destination Moderate Conservative Svc NSDCX
Nationwide Inv. Destination Moderate Aggressive Svc NDMSX
Invesco Equity & Inc. A ACEIX
Cash
Nationwide Government Money Market R6 GMIXX

Effective Feb. 26, 2018, Waddell & Reed Advisors Global Bond Fund A merged into Ivy Global Bond Fund, Waddell & Reed Advisors Dividend Opportunities Fund A merged into Ivy Dividend Opportunities Fund, and Waddell & Reed Advisors Vanguard Fund A merged into Ivy Large Cap Growth Fund A

This information is provided for informational and educational purposes only  and may include references to concepts that have legal, accounting and tax implications. It is not to be construed as legal, accounting or tax advice, and is provided as general information to assist in understanding the issues discussed. Waddell & Reed does not provide tax advice. Waddell & Reed believes the information has been obtained from sources considered to be reliable, but does not guarantee the accuracy of the information provided. 

An investment in a money market fund is neither insured nor guaranteed by the FDIC or any other governmental agency. Although money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.

Find an Advisor

About Waddell & Reed

At Waddell & Reed, our vision is to help you work toward achieving your financial aspirations. Since 1937, we have been committed to helping investors develop and work toward financial goals designed to help them realize their life’s dreams. We do this by providing personal, comprehensive financial planning and investment and insurance products delivered to you by skilled financial advisors.

Your financial advisor will help you:

  • Enroll in the plan
  • Select investments that will help meet your financial goals
  • Choose the right amount to invest and prepare a report that will detail how your contribution will affect your paycheck
  • Review your investments as needed and help you make adjustments based on any life-changing events

Allegan

Jason Huber
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
jhuber@wradvisors.com

Alpena

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Alcona

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Montgomery

Joel Hyde
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
jhyde@wradvisors.com

Antrim

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Kalkaska

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Grand Traverse

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Leelanau

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Benzie

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Berrien

Brian Gerrans
380 W Western Ave.
Suite 120
Muskegon, MI 49440
231.727.8176
bgerrans@wradvisors.com

Cass

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Charlevoix

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Emmett

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Cheboygan

Joel Hyde
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
jhyde@wradvisors.com

Otsego

Joel Hyde
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
jhyde@wradvisors.com

Presque Isle

Joel Hyde
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
jhyde@wradvisors.com

Gogebic

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Ontonagon ISD

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Houghton

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Keweenaw

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Barga

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Ingham

Jason Huber
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
jhuber@wradvisors.com

Ionia

Jason Huber
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
jhuber@wradvisors.com

Kalamazoo

Jason Huber
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
jhuber@wradvisors.com

Kent

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Luce

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Chippewa

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Mackinac

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Manistee

Brian Gerrans
380 W Western Ave.
Suite 120
Muskegon, MI 49440
231.727.8176
bgerrans@wradvisors.com

Marquette

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Alger

Jason Huber
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
jhuber@wradvisors.com

Mason

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Lake

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Menominee

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Monroe

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Muskegon

Brian Gerrans
380 W Western Ave.
Suite 120
Muskegon, MI 49440
231.727.8176
bgerrans@wradvisors.com

Newaygo

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Oceana

Brian Gerrans
380 W Western Ave.
Suite 120
Muskegon, MI 49440
231.727.8176
bgerrans@wradvisors.com

Ottawa

Brian Gerrans
380 W Western Ave.
Suite 120
Muskegon, MI 49440
231.727.8176
bgerrans@wradvisors.com

St. Joseph

Brian Gerrans
380 W Western Ave.
Suite 120
Muskegon, MI 49440
231.727.8176
bgerrans@wradvisors.com

Van Buren

Brian Gerrans
380 W Western Ave.
Suite 120
Muskegon, MI 49440
231.727.8176
bgerrans@wradvisors.com

Wexford

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Missaukee

Leslie Nichols
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Forms and Enrollment

You have the opportunity to continue planning for your financial future today as your school district has approved the MRIC 403(b) and 457 Plan. Waddell & Reed was selected by your school district as a vendor to provide investment products and servicing for 403(b) and 457 plans.

Please contact the financial advisor assigned to your school district (click the Find an Advisor tab above). Together you can discuss a retirement investment strategy based on your risk tolerance, investment time frame and financial priorities, establish your new account under the MRIC 403(b) and 457 Plan, and continue your pursuit of financial independence.

Enrolling by mail

Establish your new 403(b) account on our partner platform at Nationwide in three easy steps:

  • Complete the enrollment, beneficiary designation and product disclosure forms:
    To obtain your country-specific TSACG Product Disclosure Form and Salary Reduction Agreement, please visit: www.tsacg.com
    • Select "District/College Plans," then "Michigan," then your school district
    • Next, select "List of Forms"
  • Keep a copy of all forms in your personal file
  • Mail the forms to your financial advisor. If you do not have an advisor, refer to the Find an Advisor tab above.

Enrolling online

Enroll online using the button below.

Enroll Now

 

Transferring from another vendor to the Waddell & Reed retirement plan

You also can transfer existing assets from another 403(b) account(s) to your Waddell & Reed 403(b) account on the Nationwide platform. Get started by completing the form below. Your financial advisor can assist you with this process.

Waddell & Reed Exchange/Transfer Form

Thank you for being our client.

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