The companies of OneAmerica, which offer retirement plan products and
other financial services, today launched Index(b)™, an
indexed investing option designed for nonprofit organizations. The new
retirement plan offering arrives on the heels of OneAmerica's successful
rollout of Index(k)™ , a similar program designed for
for-profit corporations, last year. TIAA-CREF, a leading financial
services organization, will serve as the investment manager of choice
for the Index(b) program.
"The nonprofit sector is a signature market for the companies of
OneAmerica," said Bill Yoerger, president of retirement business for the
companies of OneAmerica. "We're excited to be able to offer competitive
pricing, fee transparency and other benefits of indexed investing to our
nonprofit clients, along with our award-winning1 services
Both Index(k)™ and Index(b)™ were created in response to an increased
focus by the defined contribution retirement plan industry on management
fees, total investment expenses and transparency. An index investment
option will generally return an investment performance similar to the
index it is based on - such as benchmarks by S&P, Russell or MSCI - and
often requires less time for investment performance attribution, manager
selection and ongoing evaluation.
"Advisors and plan sponsors are being held more accountable for the
value and performance of their retirement plans," said Yoerger.
"Index(b) helps reduce the overall cost to plan participants and allows
nonprofits to focus more time on achieving their organization's mission
and less time managing their investments."
TIAA-CREF will provide 16 of the 20 investment options available through
Index(b), including stock and bond index mutual funds and investments
from its Lifecycle Index target-date investment series. This further
expands TIAA-CREF's relationship with OneAmerica. TIAA-CREF mutual funds
are also available through OneAmerica's Index(k) offer for the for
profit retirement market, as well as other select OneAmerica platforms.
Index(b) will also include a stable value investment option from the
American United Life Insurance Company® (AUL), a OneAmerica
company, and three others. The plan can be coupled with additional
OneAmerica offerings designed to prepare plan participants for a secure
retirement including customized communications, education programs and
"We're thrilled to bring our more than 90 years of experience helping
clients achieve lifelong financial well-being to bear as the investment
manager of choice for Index(b)," said John Panagakis, head of asset
management business development at TIAA-CREF. "We blieve clients will
benefit from our disciplined approach to investing and deep expertise in
managing retirement assets for the nonprofit sector."
is a national financial services organization with $564 billion in
assets under management (as of 12/31/2013). Lipper named TIAA-CREF as
the 2013 Best Overall Large Fund Company based on three-year
risk-adjusted performance. The company was one of 36 large investment
firms eligible for the award.2
Please note, the target date for LifeCycle funds is the approximate date
when investors plan to start withdrawing their money. The principal
value of the fund(s) is not guaranteed at any time, including at the
Past performance does not guarantee future results. TIAA-CREF products
may be subject to market and other risk factors. See the applicable
product literature, or visit www.tiaa-cref.org
You should consider the investment objectives, risks, charges and
expenses carefully before investing. Please call 877-518-9161 or log on
for product and fund prospectuses that contain this and other
information. Please read the prospectuses carefully before investing.
TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal
Investors Services, Inc., members FINRA, distribute securities products.
OneAmerica Financial Partners, Inc. (www.oneamerica.com),
headquartered in Indianapolis, Ind., has companies that can trace their
solid foundations back more than 135 years in the insurance and
financial services marketplace.
OneAmerica's nationwide network of companies offers a variety of
products to serve the financial needs of their policyholders and other
clients. These products include retirement plan products and services;
individual life insurance, annuities, long-term care solutions and
employee benefit plan products. The goal of OneAmerica is to blend the
strengths of each company to achieve greater collective results.
The products of the OneAmerica companies are distributed through a
network of employees, agents, brokers and other distribution sources
that are committed to increasing value to our policyholders by helping
them prepare to meet their financial goals.
All group variable annuity contracts are issued by American United Life
Insurance Company® (AUL), One American Square, Indianapolis, IN
46206-0368, 1-800-249-6269. Registered group variable annuity contracts
are distributed by OneAmerica Securities, Inc., Member FINRA, SIPC, a
Registered Investment Advisor, 433 N. Capitol Ave., Indianapolis, IN
46204,1-877-285-3863. McCready and Keene provides administrative and
record keeping services and is not a broker/dealer or an investment
advisor. Neither AUL, OneAmerica Securities, McCready and Keene nor
their representatives provide tax, legal or investment advice. •
Investing involves risk, including possible loss of principal. Asset
allocation models and diversification do not promise any level of
performance or guarantee against loss of principal.
Variable products are sold by prospectus. Both the product prospectus
and underlying fund prospectuses can be obtained from your investment
professional or by writing to 433 N. Capitol Ave., Indianapolis, IN
46204, 1-800-249-6269. Before investing, carefully consider the fund's
investment objectives, risks, charges and expenses. The product
prospectus and underlying fund prospectus contain this and other
important information. Read the prospectuses carefully before investing.
Mutual Funds are sold by prospectus. The prospectus contains
important information about the fund. Before investing any money, plan
participants should read the prospectus and carefully consider the
fund's investment objectives, risks, charges and expenses. Investing
involves risk, including the potential loss of principal. To obtain a
copy of the prospectus, the participant should contact the plan's
investment advisor or the mutual fund company directly.
TIAA-CREF, S&P, Russell, and MSCI are not affiliates of American United
Life Insurance Company® (AUL), OneAmerica Securities, or
McCready and Keene, Inc. and is not a OneAmerica company.
1 Boston Research Group 2013 Defined Contribution Plan
(DCP) Sponsor Satisfaction and Loyalty Study for plans under $5M
2 In calculating the awards, Lipper considered funds
registered for sale in the United State with at least 36 months of
performance as of the end of the calendar year of the respective
evaluation year. Fund groups with at least five equity, five bond, or
three mixed-asset portfolios were eligible for an overall group award.
The award is given to the group with the lowest average decile ranking
of three years' Consistent Return measure of the eligible funds over the
three-year period ended Nov. 30, 2012. TIAA-CREF was ranked among 36
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