Plansponsor Logo
PLANSPONSOR NEWSDASH LOGO August 17th, 2021
Insight on Plan Design & Investment Strategy Every Weekday
Compliance
DOL Urges Recoupment of Uncashed Checks From Prior Recordkeepers
DOL Urges Recoupment of Uncashed Checks From Prior Recordkeepers
Attorneys from Morgan Lewis suggest plan sponsors proactively reach out to prior providers to find out if there are any undelivered assets.
Administration
Engaging K-12 Employees With Retirement Saving in a Changed Environment
A mix of virtual and in-person education and planning, along with digital tools, is helping meet the needs of K-12 retirement plan sponsors and participants in a hybrid world.
Most Read
Research
2021 Recordkeeping Survey
Benefits
Defined Benefit vs. Defined Contribution: Understanding the Costs of Each
Investing
Considering the Arguments for and Against Actively Managed Funds in DC Plans
Market Mirror
Yesterday, the Dow increased 110.02 points (0.31%) to 35,625.40, the Nasdaq decreased 29.14 points (0.20%) to 14,793.76, and the S&P 500 was up 11.71 points (0.26%) at 4,479.71. The Russell 2000 closed 19.69 points (0.89%) lower at 2,203.41, and the Wilshire 5000 was down 18.59 points (0.04%) at 46,359.98.

The price of the 10-year Treasury note was up 1/32, decreasing its yield to 1.277%. The price of the 30-year Treasury bond was unchanged, with its yield up to 1.931%.
Compliance
Plaintiffs Say SeaWorld Plan Paid Excessive Fees
Plan fiduciaries are also accused of "failing to offer and retain a diverse pool of investment funds in accordance with the industry standard."
Inside Angle
Enforced by EBSA
A GAO report outlines DOL investigation practices.
Small Talk
ON THIS DATE: In 1790, the capital city of the U.S. moved to Philadelphia from New York City. In 1903, Joseph Pulitzer donated a million dollars to Columbia University. This started the Pulitzer Prizes in his name. In 1961, the Communist East German government completed the construction of the Berlin Wall. In 1968, the first Miss Black America pageant took place, with 19-year-old Saundra Williams as the winner. In 1969, the three-day Woodstock music festival concluded. In 1977, Florists Transworld Delivery (FTD) reported that in one day the number of orders for flowers to be delivered to Graceland, following Elvis Pressley’s death, had surpassed the number for any other event in the company’s history. In 1978, the Double Eagle II completed the first transatlantic balloon flight when it landed in a barley field near Paris, 137 hours after lifting off from Presque Isle, Maine. In 1996, Ross Perot was announced to be the Reform Party’s presidential candidate. It was the party’s first-ever candidate. In 2002, in Santa Rosa, California, the Charles M. Schulz Museum opened to the public.
TUESDAY TRIVIA: Why are the “dog days of summer” so named?
Did someone forward you this newsletter? Sign up here to get NEWSDash directly in
your mailbox!
rss icon twitter icon linkedin-in icon facebook icon
ISS MEDIA logo
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2021 Asset International Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850