April 28th, 2025 Insight on Plan Design & Investment Strategy Every Weekday Compliance PLANSPONSOR Roadmap: Fiduciary Process Action Plan Industry experts discussed how plan sponsors can update plan documents, create committees and monitor vendors to maintain fiduciary oversight over their health plans. Compliance Tools and Techniques to Navigate the Fiduciary Landscape Rick Funston, CEO of Funston Advisory Services, talks through how public plan fiduciaries can prepare for and manage an increasingly complex pension world. Most Read Products OneDigital Expands DC Plan Portfolios With Alternative Investments Deals and People Kansas 529 Program Selects TIAA as Manager Data and Research Younger Generations’ Top Worry? Building Emergency Savings ECONOMIC EVENTS Thursday, the Department of Labor will issue its initial jobless claims report, and Freddie Mac will update average mortgage rates for the week. Friday, the U.S. Bureau of Labor Statistics will release the employment situation report, including the unemployment rate, for April. MARKET MIRROR Friday the Dow rose 20.10 points (0.05%) to close at 40,113.50, the Nasdaq rose 216.90 points (1.26%) to close at 17,382.94 and the S&P 500 rose 40.44 points (0.74%) to close at 5,525.21. The Russell 2000 rose 0.03 points (0.00%) to close at 1,957.62, and the FT Wilshire 5000 Index rose 370.24 points (0.68%) to close at 55,092.84. The 10-year Treasury note increased 29/32, bringing the yield to 4.240%. The 30-year Treasury bond rose 32/32, bringing the yield to 4.710%. In the week ending April 17, the Dow rose 2.42%, the Nasdaq rose 6.31% and the S&P 500 rose 4.39%. The Russell 2000 rose 3.93%, and the FT Wilshire 5000 Index finished 4.44% higher. Investing Despite Participants’ Interest, Nasdaq-100 Lags Other Indexes in 401(k) Plans A Nasdaq-100 survey conducted by Shelton Capital Management showed that allocations to Nasdaq-100 Index mutual funds make up fewer than 1% of all 401(k) assets. DEALS AND PEOPLE Retirement Industry People Moves BNY Investments names Germano as COO;  Alston announces departure from Employees’ Retirement Fund of the City of Dallas; David Gillman joins Absolute Capital as regional vice president; and more. SMALL TALK ON THIS DATE: In 1926, Harper Lee, author of To Kill a Mockingbird, was born. In 1945, Italian dictator Benito Mussolini was captured while trying to flee Italy and executed. In 1996, gunman Martin Bryant began a killing spree that left 35 people dead and some 18 others wounded in the Port Arthur area of Tasmania, Australia; it was the country’s worst mass shooting and led to stricter gun controls. In 2001, businessman Dennis Tito, who in 1972 founded investment management company Wilshire Associates, became the first space tourist when he was launched into orbit aboard a Russian supply mission to the International Space Station; he paid approximately $20 million for the six-day trip. In 2003, Apple launched the iTunes Store, which gave users the ability to purchase and download music from the Internet directly to their iTunes library. In 2004, CBS broadcast photographs depicting harsh treatment of Iraqi inmates at the Abu Ghraib prison in U.S.-occupied Iraq, initiating a national debate on torture and the Geneva Conventions. 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