Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
October 1st, 2019
ARPs Aren’t Open MEPs, But They Should Still Be Popular
Starting today, association retirement plans can be offered by groups of employers in a city, county, state, or a multi-state metropolitan area, or in a particular industry nationwide.Read more >
PBGC Issues Proposed Rules About Benefit Payments
The agency will consider payments prior to plan terminations when calculating benefits, and it proposed to change its assumptions for determining lump-sum payments, which means a change for plans that currently use the PBGC’s assumptions.Read more >
New Financial Audit Rule Increases Requirements for Plan Sponsors
2021 Recordkeeping Survey
TRIVIAL PURSUITS: What do the M’s stand for in M&Ms?
Participants Missing the Full Match Remains a Big Problem
Deemed Distributions Can Be Triggered by More Than Just Loan Nonpayment
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When you know the facts
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Compliance (Continued)
Defense Wins Dismissal of PepsiCo ERISA Anti-Cutback Lawsuit
The decision agrees with the defense argument that the plaintiffs have failed to plausibly allege a violation of ERISA’s anti-forfeiture provision, because the provision applies only to “normal retirement benefits upon the attainment of normal retirement age.”Read more >
2019 Target-Date Fund Survey
Nearly three out of four (73.3%) plan sponsors use a target-date fund (TDF) as their default investment, according to the latest PLANSPONSOR Defined Contribution (DC) Survey. The percentage was almost 13% less—60.6%—in 2014. Read more >
From the Magazine
Real Estate Has Been a Haven
Back in the 1980s, real estate was the original alternative asset for U.S. defined benefit (DB) plans. It has remained an important side dish on sponsors’ menus, making up a steady 10% or so for the plans that rely on it.Read more >
Market Mirror

Monday, the Dow was up 96.58 points (0.36%) at 26,916.83, the NASDAQ gained 59.71 points (0.75%) to reach 7,999.34, and the S&P 500 increased 14.94 points (0.50%) to 2,976.73. The Russell 2000 gained 2.90 points (0.19%) to finish at 1,523.37, and the Wilshire 5000 closed 147.93 points (0.49%) higher at 30,351.98.

The price of the 10-year Treasury note was up 1/32, decreasing its yield to 1.667%. The price of the 30-year Treasury bond increased 4/32, bringing its yield down to 2.113%.

Small Talk

In lieu of our regular “on this date” report, we wanted to take the opportunity to highlight the fact that PLANSPONSOR has opened the nominating process for the annual Plan Sponsor of the Year and Retirement Plan Adviser of the Year awards.

As we have in past years, PLANSPONSOR is soliciting your help in identifying qualified candidates for each award. If you work with or for, or know of, a great plan sponsor, plan adviser or plan adviser team, please help us recognize the best in the business.

For plan sponsors, nominations may be made by providers, advisers, consultants, actuaries, attorneys, third-party administrators, employees and colleagues, or, you can even nominate yourself. The award is given in many categories to recognize all plan types, so any plan sponsor can be eligible. The nomination form is available here.

Nominations for the Retirement Plan Adviser of the Year awards, now given in four categories based on practice and team size, may be made by plan sponsor clients, employers, brokers/dealers of eligible advisers, as well as from working partners of these advisers, such as investment vendors, accountants, attorneys and plan administrators. However, self-nominations are not permitted. The nomination form is available here.

Finalists and winners for Plan Sponsor of the Year Awards will be featured online at and in upcoming 2020 issues of PLANSPONSOR.

Editorial: Alison Cooke Mintzer


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