April 24th, 2025 Insight on Plan Design & Investment Strategy Every Weekday Compliance Senate HELP Committee Chair Proposes Workplace Benefits for Independent Workers A white paper issued by Senator Bill Cassidy is meant to address the retirement readiness shortfalls for gig workers. Participants Defaulted Student Loan Collections to Resume in May The Department of Education will begin collecting payments from borrowers in default, ending a pause that began during the COVID-19 pandemic. Most Read Benefits Plan Sponsors Warm Up to Super Catch-Up Compliance District Court Sends Nationwide 401(k) Fee Complaint to Trial Compliance Kaiser to Pay $28M in Mental Health Care Settlement With DOL MARKET MIRROR Wednesday, the Dow rose 419.59 points (1.07%) to close at 39,606.57, the Nasdaq rose 407.63 points (2.50%) to close at 16,708.05 and the S&P 500 rose 88.10 points (1.67%) to close at 5,275.86. The Russell 2000 rose 28.86 points (1.53%) to close at 1,919.14, and the FT Wilshire 5000 Index rose 894.78 points (1.70%) to close at 53,603.49. The 10-year Treasury note increased 1/32, bringing the yield to 4.393%. The 30-year Treasury bond increased 31/32, bringing the yield to 4.825%. Compliance DOL to Consider Rescinding Biden-Era ESG Rule Although the rule survived several court challenges during the previous administration, it is in jeopardy once again. Administration New Human Interest Platform Aims to Streamline 401(k) Management The platform brings together plan design, proposal management, fund lineup, and participant data in an online tool to automate administrative tasks. SMALL TALK ON THIS DATE: In 1949, Communist forces occupied the Chinese capital, Nanking after crossing the Yangtze River virtually unopposed by adherents to the Nationalist government under President Chang Kai-shek. In 1967, Soviet cosmonaut Vladimir Komarov became the first man to die during a space mission when his spacecraft became entangled in its parachute during an attempted landing. In 1980, U.S. forces launched a mission to rescue American hostages in Iran, but the attempt failed, and eight U.S. service members were killed. In 2003, officials in North Korea informed U.S. diplomats that it had nuclear weapons and was making bomb-grade plutonium. In 2004, businesswoman Estée Lauder, who cofounded the hugely profitable fragrance and beauty company that bore her name, died in Manhattan. In 2005, Pope Benedict XVI, successor to John Paul II, celebrated his papal inauguration and assumed his position as the new leader of the Roman Catholic Church during a mass in St. Peter’s Square in Vatican City.  Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2026 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