A benefits distributor is extending its list of investment plan options in preparation for what it expects to be major growth in public works project contracting.
Fringe Benefit Group Inc., Austin, Texas, has started offering the mutual fund-based Nationwide Retirement Clear Advantage program.
Fringe Benefit will be marketing the program, from a unit of Nationwide Mutual Insurance Company, Columbus, Ohio, along with a group annuity-based program that it already offers. The group annuity-based program comes from Transamerica, Los Angeles, a unit of AEGON N.V., The Hague, Netherlands.
Fringe Benefit will distribute both the Nationwide and Transamerica investment menu packages through The Contractors Plan program.