April 25th, 2025 Insight on Plan Design & Investment Strategy Every Weekday Compliance Jury’s Decision in Pentegra MEP Case Raises Questions About Service Provider Selection The verdict and monetary award serve as a warning for other situations in which plan sponsors and service providers may share ownership or leadership. Data and Research Retirement Confidence Remains High Despite Concerns About Inflation, Social Security EBRI research found that most Americans are confident about retiring, but 79% of retirees and 71% of workers expressed concern about changes to Social Security. Most Read 2026 PLANSPONSOR Best in Class DC Plan Provider Standouts Compliance What Does It Mean to Be a Fiduciary? Compliance How the 401(k) Alts Debate Raises Fiduciary Stakes ECONOMIC EVENTS In the week ending April 19, the advance figure for seasonally adjusted initial claims was 222,000, an increase of 6,000 from the previous week’s revised level of 216,000, the Department of Labor reported. The four-week moving average was 220,250, a decrease of 750 from the previous week’s revised average of 221,000. Interest on a 30-year fixed-rate mortgage averaged 6.81% for the week ending April 24, down from last week when it averaged 6.83%, Freddie Mac reported. A year ago at this time, the 30-year FRM averaged 7.17%. Interest on a 15-year fixed-rate mortgage averaged 5.94%, down from last week when it averaged 6.03%. A year ago at this time, the 15-year FRM averaged 6.44%.  MARKET MIRROR Thursday, the Dow rose 486.83 points (1.23%) to close at 40,093.40, the Nasdaq rose 457.99 points (2.74%) to close at 17,166.04 and the S&P 500 rose 108.91 points (2.03%) to close at 5,484.77. The Russell 2000 rose 38.45 points (2.00%) to close at 1,957.59, and the FT Wilshire 5000 Index rose 1,119.11 points (2.09%) to close at 54,722.61. The 10-year Treasury note increased 27/32, bringing the yield to 4.325%. The 30-year Treasury bond increased 30/32, bringing the yield to 4.774%. Compliance Pentegra DC Plan Participants Win $38M in Jury Trial The class of more than 25,000 employees and retirees was awarded more than $38 million. PRODUCTS Product & Service Launches T. Rowe Price launches pension-linked emergency savings accounts; OneDigital implements Broadridge’s suite of solutions; Income Lab updates its integration with Schwab Advisor Services; and more. SMALL TALK ON THIS DATE: In 1959, one of the largest civil engineering feats ever undertaken, the St. Lawrence Seaway officially opened, linking the Atlantic Ocean with the Great Lakes. In 1990, the Hubble Space Telescope, an optical observatory built in the U.S. under the supervision of NASA, was placed into operation by the crew of the space shuttle Discovery. In 2014, in a cost-saving measure, the water supply of Flint, Michigan was switched from the Detroit Water and Sewage Department to the Flint River, causing a public health crisis as residents were exposed to dangerously high levels of lead. In 2015, a magnitude 7.8 earthquake struck near Kathmandu, Nepal, causing widespread damage and killing several thousand. In 2019, basketball player John Havlicek, considered the best “sixth man” (bench player) in the history of the NBA, died at age of 79. In 2021, Chinese filmmaker Chloe Zhao became the first person of color to win the Academy Award for best director; she was recognized for “Nomadland” (2020), which was also named best picture. 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