August 27th, 2024 Insight on Plan Design & Investment Strategy Every Weekday Benefits Defaulting Into Managed Accounts Helped a Plan’s Older Participants Save for Retirement The director of benefits at Wayne-Sanderson Farms shares how offering an in-plan managed account service helped its employees older than 50. Deals and People Alight Ends CEO Search by Naming Current Vice Chair of Board Dave Guilmette will take the position as the recordkeeper emphasizes its employee benefits business. Most Read Compliance National Rural Electric Cooperative Hit With ERISA Complaint; UnitedHealth Finalizes $69M Settlement Compliance What’s in, What’s Out of Senate’s GOP Tax Plan Data and Research Corporate Pension Funding Continues Rebound in May MARKET MIRROR Monday, the Dow rose 65.44 points (0.16%) to close at 41,240.52, the Nasdaq fell 152.03 points (0.85%) to close at 17,725.77 and the S&P 500 fell 17.77 points (0.32%) to close at 5,616.84. The Russell 2000 fell 0.78 points (0.04%) to close at 2,217.92.  The FT Wilshire 5000 fell 169.19 points (0.30%) to close at 56,261.11. The 10-year Treasury note decreased 1/32, bringing the yield to 3.818%. The 30-year Treasury bond decreased 3/32, bringing the yield to 4.108%. EVENTS Financial Wellness Webinar Register to attend the PLANSPONSOR editorial webinar on September 19. Tune in to hear from plan sponsors, advisers and policy experts on how best to define and measure the financial wellness of participants and drive financial confidence. SPECIAL COVERAGE Retirement Income A review of the variety of different options and issues plan sponsors should consider when evaluating choices around retirement income. SMALL TALK ON THIS DATE: In 1908, politician Lyndon B. Johnson, who served as the 36th president of the U.S., was born. In 1928, the Kellogg-Brian Pact was signed between France and the U.S. in a series of peacekeeping efforts after World War I. In 1939, German Ernst Heinrich Heinkel’s He 178, a turbojet-powered aircraft, made the first jet flight. In 1964, the musical film “Mary Poppins,” an adaptation of P.L. Travers’ book, had its world premiere in Los Angeles. In 2008, Democratic politician Barack Obama became the first African American to be nominated for the presidency by either major party; he later defeated Republic John McCain to win the office. In 2011, after causing extensive damage to various Caribbean islands, Hurricane Irene made landfall in the U.S., striking North Carolina’s Outer Banks before moving along the Eastern Seaboard; property damage in the U.S. exceeded $7 billion, making Irene one of the most expensive Atlantic hurricanes in the country’s history. Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2025 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