The Plan offers participants the option to invest through a self-directed brokerage account (SDBA), a brokerage window designed to allow participants to select investments outside of the Plan's core retirement offering while staying within the Plan and receiving the associated tax benefits. The following requirements must be met to establish and maintain contributions in an SDBA through the Charles Schwab Personal Choice Retirement Account® (PCRA):
- $10,000 minimum account balance
- $2,500 minimum initial transfer amount
- $500 minimum subsequent transfer amount
The self-directed brokerage account available is Schwab Personal Choice Retirement Account® (PCRA), offered through Charles Schwab & Co., Inc. (member SIPC), a registered broker dealer not affiliated with Nationwide.