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 a strategic alliance with Pentegra (formerly Advanced Pension Solutions) 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.

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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
Natixis Loomis Investment Grade Bond A LIGRX
Oppenheimer Global Strategic Income Fund A OPSIX
Oppenheimer Limited Term Govt. Fund A OPGVX
PIMCO Total Return Fund A PTTAX
Principle High Yield A CPHYX
Waddell & Reed Advisors Global Bond Fund A UNHHX
Large Cap
Allianz NFJ Dividend Value A PNEAX
American Funds Fundamental Investors R5 RFNFX
Janus Forty S JARTX
Nationwide S&P 500 Index Svc GRMSX
Waddell & Reed Advisors Dividend Opportunities Fund A WDVAX
Waddell & Reed Advisors Vanguard Fund A UNVGX
Mid Cap
Fidelity Advisor Leveraged Co. Stock A FLSAX
Harbor Mid Cap Growth Inv HIMGX
Nationwide Midcap Market Index Inst GMXIX
Small Cap
Heartland Value Investor A HRTVX
Nationwide Small Cap Index GMRIX
Invesco Small Cap Growth A VASCX
International
Deutsche Global Growth A SQAX
Invesco Euro Growth A AEDAX
American Funds Capital World Growth & Income R5 RWIFX
American Funds Small Cap World Fund R5 RSLFX
BlackRock Global Small Cap Inv A MDGCX
Dtsch Global Growth A SGQAX
Ivy International Core Equity Fund Y IVVYX
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 Global Natural Resources Fund A IGNAX
Predential Jennison Utility Fund Class A PRUAX
Oppenheimer Gold & Special Minerals Fund A OPGSX
Waddell & Reed Advisors Science & Technology Fund A UNSCX
Balanced
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
Waddell & Reed Advisors Asset Strategy Fund A UNASX
Cash
Nationwide Money Market Inst. GMIXX

Effective Feb. 11, 2014, Ivy Pacific Opportunities Fund was changed to Ivy Emerging Markets Equity Fund and its strategy was changed to reflect a concentration in emerging market equity securities. Performance prior to such time in part reflects the Ivy Pacific Opportunities Fund’s former strategy to invest primarily in Pacific region equity securities, and the Fund’s performance may have differed if the Ivy Emerging Markets Equity Fund’s current strategy had been in place. 

This information is provided for informational and educational purposes only.

The information provided 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 the understanding the issues discussed. Neither Waddell & Reed, Inc., nor its financial advisors associated with Waddell & Reed give tax, legal, or accounting advice. You may want to consult with your accountant or tax advisor to discuss your personal situation.

Past performance is not a guarantee of future results. Investment decisions should always be made based on an investor’s specific financial needs, objectives, goals, time horizon and risk tolerance.

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

Joe VanDyke
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
jvandyke47819@wradvisors.com

Alpena

Joel Hyde
625 Kenmoor Ave. SE
Suite 215
Grand Rapids, MI 49546
616.956.6051
jhyde@wradvisors.com

Alcona

Peg Lutz
302 E Cass St.,
Suite B
Cadillac, MI 49601
231.876.0206
mlutz@wradvisors.com

Montgomery

Joel Hyde
625 Kenmoor Ave. SE
Suite 215
Grand Rapids, MI 49546
616.956.6051
jhyde@wradvisors.com

Antrim

Peg Lutz
302 E Cass St.,
Suite B
Cadillac, MI 49601
231.876.0206
mlutz@wradvisors.com

Kalkaska

Peg Lutz
302 E Cass St.,
Suite B
Cadillac, MI 49601
231.876.0206
mlutz@wradvisors.com

Grand Traverse

Peg Lutz
302 E Cass St.,
Suite B
Cadillac, MI 49601
231.876.0206
mlutz@wradvisors.com

Leelanau

Peg Lutz
302 E Cass St.,
Suite B
Cadillac, MI 49601
231.876.0206
mlutz@wradvisors.com

Benzie

Peg Lutz
302 E Cass St.,
Suite B
Cadillac, MI 49601
231.876.0206
mlutz@wradvisors.com

Berrien

Jesse Langscheid
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
jlangschied@wradvisors.com

Cass

Jesse Langscheid
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
jlangschied@wradvisors.com

Charlevoix

Aaron DeVos
625 Kenmoor Ave. SE
Suite 215
Grand Rapids, MI 49546
616.956.6051
devos@wradvisors.com

Emmett

Aaron DeVos
625 Kenmoor Ave. SE
Suite 215
Grand Rapids, MI 49546
616.956.6051
devos@wradvisors.com

Cheboygan

Joel Hyde
625 Kenmoor Ave. SE
Suite 215
Grand Rapids, MI 49546
616.956.6051
jhyde@wradvisors.com

Otsego

Joel Hyde
625 Kenmoor Ave. SE
Suite 215
Grand Rapids, MI 49546
616.956.6051
jhyde@wradvisors.com

Presque Isle

Joel Hyde
625 Kenmoor Ave. SE
Suite 215
Grand Rapids, MI 49546
616.956.6051
jhyde@wradvisors.com

Gogebic

Kevin Gardenier
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
kevin49706@wradvisors.com

Ontonagon ISD

Kevin Gardenier
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
kevin49706@wradvisors.com

Houghton

Kevin Gardenier
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
kevin49706@wradvisors.com

Keweenaw

Kevin Gardenier
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
kevin49706@wradvisors.com

Barga

Kevin Gardenier
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
kevin49706@wradvisors.com

Ingham

Dan Avery
204 W Main St.
Ionia, MI 48846
616.522.0535
davery46787@wradvisors.com

Ionia

Dan Avery
204 W Main St.
Ionia, MI 48846
616.522.0535
davery46787@wradvisors.com

Kalamazoo

Charles Doolittle
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
charlesdoolittle@wradvisors.com

Kent

Leslie Nichols
625 Kenmoor Ave. SE
Suite 215
Grand Rapids, MI 49546
616.956.6051
lnichols@wradvisors.com

Luce

Aaron DeVos
625 Kenmoor Ave. SE
Suite 215
Grand Rapids, MI 49546
616.956.6051
devos@wradvisors.com

Chippewa

Aaron DeVos
625 Kenmoor Ave. SE
Suite 215
Grand Rapids, MI 49546
616.956.6051
devos@wradvisors.com

Mackinac

Aaron DeVos
625 Kenmoor Ave. SE
Suite 215
Grand Rapids, MI 49546
616.956.6051
devos@wradvisors.com

Manistee

Brian Gerrans
380 W Western Ave.
Suite 120
Muskegon, MI 49440
231.727.8176
bgerrans48724@wradvisors.com

Marquette

Kevin Gardenier
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
kevin49706@wradvisors.com

Alger

Kevin Gardenier
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
kevin49706@wradvisors.com

Mason

Ed Postma
625 Kenmoor Ave. SE
Suite 215
Grand Rapids, MI 49546
616.956.6051
epostma42851@wradvisors.com

Lake

Ed Postma
625 Kenmoor Ave. SE
Suite 215
Grand Rapids, MI 49546
616.956.6051
epostma42851@wradvisors.com

Menominee

Kevin Gardenier
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
kevin49706@wradvisors.com

Monroe

Jesse Langscheid
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
jlangschied@wradvisors.com

Muskegon

Brian Gerrans
380 W Western Ave.
Suite 120
Muskegon, MI 49440
231.727.8176
bgerrans48724@wradvisors.com

Newaygo

Mark Stephens
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
markstephens@wradvisors.com

Oceana

Ed Postma
625 Kenmoor Ave. SE
Suite 215
Grand Rapids, MI 49546
616.956.6051
epostma42851@wradvisors.com

Ottawa

Joe VanDyke
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
jvandyke47819@wradvisors.com

St. Joseph

Joel Hyde
625 Kenmoor Ave. SE
Suite 215
Grand Rapids, MI 49546
616.956.6051
jhyde@wradvisors.com

Van Buren

Eric VanNess
625 Kenmoor Ave. SE
Suite 209
Grand Rapids, MI 49546
616.956.6051
evanness@wradvisors.com/a>

Wexford

Peg Lutz
302 E Cass St.,
Suite B
Cadillac, MI 49601
231.876.0206
mlutz@wradvisors.com

Missaukee

Peg Lutz
302 E Cass St.,
Suite B
Cadillac, MI 49601
231.876.0206
mlutz@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 “Need 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 strategic partner platform at Nationwide in three easy steps:

  • Complete the enrollment, beneficiary designation and product disclosure forms:
    To obtain your county 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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