April 12th, 2022 Insight on Plan Design & Investment Strategy Every Weekday Data and Research In-Plan ESG Options Could Increase Retirement Contributions The majority of plan participants that are currently investing—or would like to invest—in environmental, social and governance funds want their investments to make an impact on issues concerning employee welfare and fair wages. Online Special Coverage DC Plan Investment Menu Gain important insights for creating an investment menu to meet participants’ needs, sponsored by MFS. Most Read Compliance American Airlines Failed to Protect Workers’ 401(k)s in ESG Case, Federal Court Finds Compliance Treasury, IRS Issue Proposed Regulations on SECURE 2.0 Provisions Compliance IRS Provides Relief for Participants Impacted by California Wildfires Market Mirror Yesterday, the Dow dropped 413.04 points (1.19%) to 34,308.08, the Nasdaq lost 299.04 points (2.18%) to finish at 13,411.96, and the S&P 500 closed 75.75 points (1.69%) lower at 4,412.53. The Russell 2000 decreased 14.24 points (0.71%) to 1,980.32, and the Wilshire 5000 fell 715.70 points (1.59%) to 44,211.70. The price of the 10-year Treasury note was down 6/32, increasing its yield to 2.777%. The price of the 30-year Treasury bond fell 1 28/32, bringing it yield up to 2.808%. Data and Research Study Finds Wide Range in 403(b) Plan Fees Non-ERISA plan sponsors told the GAO they did not have information needed to help them monitor fees. Data and Research Some Corporate DB Plans Hit Highest Funded Status in Years Plans have been helped by higher discount rates, but investment managers suggest sponsors be mindful of risks ahead. Small Talk ON THIS DATE: In 1633, a chief inquisitor began the inquisition of physicist and astronomer Galileo Galilei, who was accused of heresy. In 1861, the U.S. Civil War began as Confederate forces fired on Union-held Fort Sumter in South Carolina’s Charleston Harbor. In 1877, a catcher’s mask was used in a baseball game for the first time by James Alexander Tyng. In 1945, President Franklin Delano Roosevelt passed away after four terms in office. In 1954, Bill Haley and His Comets record the early Rock ‘n’ Roll hit “Rock Around The Clock.” In 1961, Soviet cosmonaut Yuri Gagarin became the first human in space. In 1963, Martin Luther King Jr. was jailed, and while imprisoned, he penned an open letter now known as his “Letter from a Birmingham Jail,” a full-throated defense of the Birmingham protest campaign that became regarded as one of the greatest texts of the civil rights movement. In 1983, Harold Washington was elected the first black mayor of Chicago. In 2012, the game Candy Crush Saga was released on Facebook. TUESDAY TRIVIA: Who invented the popsicle? Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2025 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 300, Rockville, MD 20850