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December 26th, 2019
Insight on Plan Design & Investment Strategy Every Weekday
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PLANSPONSOR’s Proprietary Research
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PLANSPONSOR’s proprietary research is designed to offer a view of the plan and investment marketplace, help plan sponsors benchmark their plans, and help them make better decisions. Full research reports are available in the PLANSPONSOR Store. 
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| Economic Events |
New orders for manufactured durable goods in November decreased $5.0 billion or 2.0% to $242.6 billion, the U.S. Census Bureau announced. This decrease, down two of the last three months, followed a 0.2% October increase. Excluding transportation, new orders were virtually unchanged. Excluding defense, new orders increased 0.8%. Transportation equipment, also down two of the last three months, led the decrease, $4.9 billion or 5.9% to $79.2 billion.
Sales of new single‐family houses in November were at a seasonally adjusted annual rate of 719,000, according to estimates released jointly by the Census Bureau and the Department of Housing and Urban Development. This is 1.3% above the revised October rate of 710,000 and is 16.9% above the November 2018 estimate of 615,000.
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| Market Mirror |
Tuesday, the Dow decreased 36.08 points (0.13%) to 28,515.45, the NASDAQ was up 7.24 points (0.08%) at 8,952.88, and the S&P 500 was down less than one point (0.02%) at 3,223.38. The Russell 2000 increased 3.87 points (0.23%) to 1,678.01, and the Wilshire 5000 was up 3.91 points (0.01%) at 32,844.52.
The price of the 10-year Treasury note was up 3/32, decreasing its yield to 1.902%. The price of the 30-year Treasury bond increased 6/32, bringing its yield down to 2.333%.
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research,
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2019 403(b) Providers
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403(b) plans are in many ways the same as traditional corporate 401(k) plans, but they also have many unique challenges. The 403(b) Buyer’s Guide shows the providers who service this market, what they focus on in terms of market segment, and the services they provide to 403(b) plan sponsors.
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2019 NQDC Survey
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The NQDC Survey offers a list of providers, ranked by the number of Section 409A and Section 457 plans they serve, as well as by number of experts on staff.
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ON THIS DATE: In 1620, the Pilgrims landed at New Plymouth, Massachusetts. In 1865, the coffee percolator was patented by James H. Mason. In 1898, Marie and Pierre Curie discovered radium. In 1941, Winston Churchill became the first British prime minister to address a joint meeting of Congress. In 1941, President Franklin Roosevelt signed a resolution that set a fixed-date, the fourth Thursday of November, for the Federal Thanksgiving Day holiday. In 1974, comedian Jack Benny died at age 80. In 1982, the Man of the Year in “TIME” magazine was a computer. It was the first time a non-human received the honors. In 1991, the Soviet Union’s parliament formally voted the country out of existence. In 2002, the first cloned human baby was born.
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