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PLANSPONSOR NEWSDASH LOGO April 6th, 2022
Insight on Plan Design & Investment Strategy Every Weekday
Events
2022 PLANSPONSOR National Conference
2022 PLANSPONSOR National Conference
Join us in-person in Orlando, June 8 – 10, as a unique cross-section of people in the retirement plan industry will share insights and experiences to help you create a better financial future for participants. You’ll hear from plan sponsors, advisers and providers about trends and practices in retirement plan design and investing, as well as legislative and regulatory updates. You’ll also have a special opportunity to network with your peers during a private, closed-door session. Registration is free for plan sponsors. Learn more about the conference and register today!
Ask the Experts
Special Rule Regarding Loans for Participants on Military Leave
“I recently read your Ask the Experts column indicating that plan sponsors could permit suspension of loan repayments during a military leave of absence. Are there any other rules involving loans for those on military leave that I should know about?”
Most Read
Data and Research
The Growing Interest in Guaranteed Income Options
Research
2021 Recordkeeping Survey
Data and Research
Emergency Savings Programs Boost Retirement Outcomes
Market Mirror
Tuesday, the Dow lost 280.70 points (0.80%) to finish at 34,641.18, the Nasdaq fell 328.39 points (2.26%) to 14,204.17, and the S&P 500 closed 57.52 points (1.26%) lower at 4,525.12. The Russell 2000 decreased 49.40 points (2.36%) to 2,046.04, and the Wilshire 5000 dropped 702.63 points (1.52%) to 45,507.08.

The price of the 10-year Treasury note decreased 1 3/32, bringing its yield up to 2.555%. The price of the 30-year Treasury bond fell 2 5/32, increasing its yield to 2.579%.
Participants
401(k) Index Shows Participants Favored Fixed Income
Investors had net trading dollars move from equities to fixed income during more than two-thirds of the first quarter’s trading days.
Data and Research
Virtual Education Likely to Continue Even After ‘Return to Work’
A study reveals many advantages to virtual retirement and financial wellness meetings; plan sponsors should keep certain things in mind.
Small Talk
In 1789, the first U.S. Congress began regular sessions at the Federal Hall in New York City. In 1841, John Tyler was sworn in as president. Tyler was elected as William Harrison’s vice president earlier in the year and was suddenly thrust into the role of president when Harrison died one month into office. He was the first vice president to immediately assume the role of president after a sitting president’s untimely exit and set the precedent for succession thereafter. In 1896, the Olympic Games, a long-lost tradition of ancient Greece, were reborn in Athens 1,500 years after being banned by Roman Emperor Theodosius I. In 1917, Congress approved a declaration of war on Germany and entered World War I. In 1927, William P. MacCracken, Jr. earned license number ‘1’ when the Department of Commerce issued the first aviator’s license. In 1965, President Lyndon B. Johnson authorized the use of ground troops in combat operations in Vietnam. In 1987, Sugar Ray Leonard took the middleweight title from Marvin Hagler. In 1998, Citicorp and Travelers Group announced that they would be merging. The new creation, named Citigroup, was the largest financial-services conglomerate in the world.
WEDNESDAY WISDOM: “The whole point of getting things done is knowing what to leave undone.”—Oswald Chambers, Christian minister and teacher
Industry Intel Roundup—Featured Webcasts
PLANSPONSOR is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring webcasts sponsored by experienced providers in the industry. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance.
Managing the DC Plan Investment Menu
Sponsored by Columbia Threadneedle Even if they have help, defined contribution plan sponsors have ultimate fiduciary responsibility for managing the funds on their plans’ investment menus. Participants’ preferences and needs for diversification and good performance, as well as costs, are all considerations in selecting and monitoring DC plan investments. Plan sponsors are also increasingly considering how to construct an investment lineup that can meet participants’ decumulation needs. Learn about the latest trends in investment menu design, as well as the Employee Retirement Income Security Act and regulatory duties plan sponsors are expected to follow.
SPONSORED BY: MetLife
Webinar: The Great Retirement Decision
Today, many employers are focused on the “Great Resignation.” However, there is another workplace priority that needs attention: the “Great Retirement Decision” – whether to take one’s accumulated savings as a paycheck or a perceived “pot of gold,” or some combination of the two. MetLife’s MetLife 2022 Paycheck or Pot of Gold Study shows the contrast between those who chose a lump sum and those who opted for guaranteed retirement income.1 In this webinar, our experts will discuss: • Do pre-retirees and retirees think it's valuable to have guaranteed retirement income? • Do retirees' experiences with taking a lump sum meet with their expectations? • How quickly do retirees deplete their lump sums? • How are different employee demographics faring as they approach retirement? • How can employers improve retirement outcomes for employees?
SPONSORED BY: Fidelity
Student Debt: What’s New and What Matters to employers and employees?
Student debt is not a new headwind for employees, but deeper insights into the cross generational hardships are beginning to influence employment decisions. In this especially tight labor market – amid talk of the ‘Great Resignation’ and increased inflationary pressures - employers are revisiting if and how to differentiate their benefit offering to address talent attraction, retention and diversity and inclusion objectives. Join Fidelity leaders Kirsten Hunter Peterson, Director of Thought Leadership, and Chris Rinko, Vice President Student Debt, to hear about the latest legislative and marketplace updates, and model the potential financial impact for employees enrolled in a student debt repayment benefit during the past two years. Fidelity has done the research and the math to illustrate how a student debt benefit can provide a competitive advantage to attract and retain talent, promote company culture and support overall financial wellness. Fidelity Workplace ServicesLLC, 245 Summer Street, Boston, MA 02110 ©2022 FMR LLC. All rights reserved. 1023761.1.0
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