December 22nd, 2020 Insight on Plan Design & Investment Strategy Every Weekday Compliance Why Some ERISA Litigation Trends May Turn in 2021 It may seem like the pace of ERISA litigation will never slow down, but one ERISA attorney says he is not so sure about that. Plan Sponsor Education Plan Sponsor Education We have gathered into one module—which you will find on the PLANSPONSOR home page—a collection of articles about the basics of plan administration and compliance. More content is forthcoming. Most Read Compliance DOL Offers Guidance for Locating Missing Participants Administration The Mechanics of Moving to a PEP 2020 Recordkeeping Survey SPONSORED BY: AYCO Benefit considerations—Furloughs, layoffs and voluntary separation offers COVID-19’s economic impact has HR teams searching for creative ways to right-size their workforce. Market Mirror Yesterday, the Dow increased 37.40 points (0.12%) to 30,216.45, the NASDAQ was down 13.12 points (0.10%) at 12,742.52, and the S&P 500 lost 14.49 points (0.39%) to finish at 3,694.92. The Russell 2000 was virtually unchanged at 1,970.33, and the Wilshire 5000 closed 96.64 points (0.25%) lower at 39,034.01. The price of the 10-year Treasury note was up 1/32, decreasing its yield to 0.933%. The price of the 30-year Treasury bond increased 5/32, bringing its yield down to 1.672%. Deals and People 2021 Plan Sponsor of the Year Nominations Are Open Nominations may be made by providers, advisers, consultants, actuaries, attorneys, third-party administrators (TPAs), employees and colleagues, or, you can even nominate yourself. Administration GE Transfers Some Pension Obligations to Insurer Approximately 70,000 retirees will receive their monthly benefit checks from one of Athene’s subsidiaries. Participants Strong Performance Attracts 401(k) Investors Back Into Equities Their portfolios' exposure to equities is back to pre-pandemic levels. Products New Health Benefit Offering Can Reduce Employer Health Care and Lost Productivity Costs UBERDOC for Employers makes health care more accessible and can be paid for using a health savings account or medical flexible spending account. SPONSORED BY: PLANSPONSOR Access leading-edge industry ideas. Click here to learn more Small Talk ON THIS DATE: In 1808, Beethoven’s Opus 67: Symphony No. 5 in C minor was first performed for Prince Lobkotwitz in Vienna. In 1894, the United States Golf Association was formed in New York City. In 1895, German physicist Wilhelm Röntgen made the first X-ray, of his wife’s hand. In 1976, the last show of “Let’s Make A Deal” was aired. TUESDAY TRIVIA: What does the word “Oklahoma” mean? Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox!

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