The NADART Investment Choice Plan is designed for employers who want their employees to have control over their investments. This daily valued 401(k) retirement plan gives participants a choice of funds with a wide variety of investment strategies and risk factors to meet their individual needs.
In this type of plan, participants can choose to defer a portion of their wages by contributing that portion to the plan. This portion is not taxable income. The employer has the option of making various types of matching contributions, profit-sharing contribution or no contribution to the plan.
Funds in the NADART Investment Choice Plan
Participants in an Investment Choice Plan have the option of investing their account in a wide variety of funds, selected and monitored by Cardinal Bank and Investment Services in concert with outside investment professionals and members of the NADART professional staff. Our investment options are grouped into several categories:
- Target Dated Funds
- Balanced Funds
- Income Funds
- International Funds
- Large Cap Stock Funds
- Mid Cap Stock Funds
- Small Cap Stock Funds
Prices and earnings of the funds are given daily. You can find a more detailed view of how the Investment Choice Plan performed in the past year by viewing the 2010 NADART Report (PDF) or review mutual fund prospectuses.
Starting an Investment Choice Plan
If you are considering starting a NADART Investment Choice Plan for your employees, we encourage you to contact our NADART Retirement Plan Consultants to determine exactly what plan design options are right for your business.